Featured

THE Monetary Authority of Singapore (MAS) recorded a loss of S$7.4 billion for FY2021/22, which the regulator attributed to lower investment gains, a large negative foreign exchange translation effect, and higher interest expenses.

THE Monetary Authority of Singapore (MAS) will consult on crypto regulations involving consumer protection in the next few months, its managing director Ravi Menon said on Tuesday (July 19).

THE Monetary Authority of Singapore (MAS) will consult on crypto regulations involving consumer protection around September or October this year, its managing director Ravi Menon said on Tuesday (July 19).

THE Monetary Authority of Singapore (MAS) will consult on crypto regulations involving consumer protection around September or October this year, its managing director Ravi Menon said on Tuesday (July 19).

SINGAPORE’S banks are strongly urged to make reasonable efforts to actively transition out of or insert appropriate contractual fallbacks into all Swap Offer Rate (Sor) contracts maturing after Jun 30, 2023 by Mar 31, 2023, the steering committee for Sor & Sibor Transition to Sora said on Monday...

THE process of developing a framework for equitable sharing of losses affecting scam victims has been taking longer than expected, the Monetary Authority of Singapore (MAS) said in an update on Monday (Jul 18).

THE process of developing a framework for equitable sharing of losses affecting scam victims has been taking longer than expected, the Monetary Authority of Singapore (MAS) said in an update on Monday (Jul 18).

SINGAPORE dollar-denominated bond issuances remained resilient in the first half of 2022 despite the challenging macroeconomic environment of inflation and tightening monetary policy, and there are suggestions demand could continue to be steady.

WITH insurance businesses becoming more costly for banks due to tighter regulations and lower-than-expected benefits of cross-selling banking and insurance products, more lenders in the Asia-Pacific region are expected to shed their insurance units to focus on their core.

THE recent “crypto winter” is sounding the alarm for regulators to “get on with the job” of bringing the use of crypto technologies in finance within their oversight, the Bank of England’s deputy governor for financial stability said on Tuesday (July 12).