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    • MAS
    • Speeches

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    • Mr Patrick Teow, President of LIA Singapore Distinguished Guests Ladies and gentlemen Thank you for inviting me to join the 2018 LIA Annual Luncheon. Allow me to first congratulate the new LIA Management Committee. I last spoke at this event in 2015 on a theme of confidence and resilience of the industry. Last year, my Assistant Managing Director Lee Boon Ngiap spoke on the importance of strong culture and ethics as key drivers of good conduct. Today, I like to build on these themes with the backdrop
    • MAS
    • Financial Sector Development Fund Annual Report

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    • The Financial Sector Development Fund (FSDF) offers funding support to firms and individuals participating in the financial services sector. Learn more about FSDF. FSDF grants support a wide range of initiatives across talent development, technology and innovation, financial sector activities and consumer education. The financial sector continued to provide good job opportunities in the past year, with 3,500 net jobs created Source: Administrative Records and Labour Force Survey, Manpower Research
    • MAS
    • Parliamentary Replies

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    • NOTICE PAPER 516 OF 2017 FOR THE SITTING ON 20 FEBRUARY 2017 QUESTION NO 915 FOR ORAL ANSWER Date: For Parliament Sitting on 20 February 2017 Name and Constituency of Member of Parliament Dr Tan Wu Meng, MP, Jurong GRC Question: To ask the Prime Minister what are the measures that MAS takes to ensure that the Automated Teller Machines (ATMs) of local banks are fully inter-operable to enable cash withdrawals and bank transactions to be more accessible to the elderly and those with mobility needs.
    • MAS
    • Macroeconomic Reviews

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    • Presentation Slides for Briefing PDF (1.09 MB) Volume XVII, Issue 2 October 2018 -------- Volume XVII, Issue 2 October 2018 Economic Policy Group Monetary Authority of Singapore -------- ISSN 0219-8908 Published in October 2018 Economic Policy Group Monetary Authority of Singapore http://www.mas.gov.sg All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanised, photocopying,
    • MAS
    • Speeches

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    • Mr Rodney Lim, IMAS Regulatory Committee Chairman, Panel Speakers, Members of IMAS, Ladies and gentlemen, Introduction 1     Good afternoon and thank you for having me at this year’s IMAS Regulatory Forum again. As we get ready to welcome the Lunar New Year, it is an appropriate time for us to take stock of developments in 2017, and look forward to what is to come in the year ahead. Taking Stock of 2017 2      2017 was a fairly hectic year in terms of global regulatory developments. I am sure many
    • MAS
    • Media Releases

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    • New York/Singapore, 11 November 2022… The Federal Reserve Bank of New York’s New York Innovation Center (NYIC) and the Monetary Authority of Singapore (MAS) today announced Project Cedar Phase II x Ubin+, a joint experiment to investigate how wholesale central bank digital currencies (wCBDCs) could improve the efficiency of cross-border wholesale payments involving multiple currencies. 2   Project Cedar Phase II x Ubin+ will enhance designs for atomic settlement of cross-border cross-currency transactions
    • MAS
    • Speeches

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    • Dr Tony Tan Former President of Singapore and SIAS Chief Patron Mr David Gerald Founder, President and CEO of Securities Investors Association (Singapore) (SIAS) Mr Lim Chee Onn Distinguished Honorary Member, SIAS Mr Daniel Teo Chairman SIAS Distinguished Guests Ladies and Gentlemen Introduction 1. Good evening. Thank you for inviting me to this year’s SIAS’ Investors’ Choice Awards (ICA). The l ast ICA Dinner was 3 years ago when SIAS celebrated its 20 th anniversary . 2. The last three years have
    • MAS
    • Media Releases

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    • Singapore, 14 November 2022… The seventh edition of the Singapore FinTech Festival (SFF), which concluded on 4 November 2022, attracted more than 62,000 participants from over 115 countries. This was the largest SFF gathering since the inaugural edition in 2016. 2. SFF 2022 featured more than 850 speakers from private and public sectors who participated in plenary sessions, industry panels and roundtables. The SFF Exhibition saw more than 570 exhibitor booths, including 25 international country pavilions
    • MAS
    • Media Releases

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    • Singapore, 31 May 2019…The Asian Monetary Policy Forum (AMPF) convenes today for the sixth consecutive year. The highlights of the Forum include presentations and discussions on the dominant role of the US dollar and its implications for monetary policy, as well as challenges posed by digital currencies. 2     A joint Asian Bureau of Finance and Economic Research (ABFER)/AMPF dinner last night marked the close of the ABFER annual conference, as well as the official opening of the AMPF. The dinner
    • MAS
    • Media Releases

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    • Singapore/Malaysia, 27 September 2021… The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) today announced plans to commence a phased linkage of Singapore’s PayNow and Malaysia’s DuitNow real-time payment systems. 2.      The first phase of the PayNow-DuitNow linkage will be launched in the fourth quarter of 2022. This will allow customers of participating financial institutions to make real-time fund transfers between Singapore and Malaysia using just a mobile number. Customers