Monetary Authority Of Singapore (MAS) News

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Skyee receives MPI licence to cater to its Singapore-based customers

News | Payments General | 13 Jan 2025

The Monetary Authority of Singapore (MAS) has granted Skyee an In-Principle Approval (IPA) for the Major Payment Institution (MPI) licence.

regulation, e-money, MPI licence, cross-border payments, Monetary Authority of Singapore (MAS)

Singapore introduces new measures to safeguard crypto assets

News | Cryptocurrencies | 05 Jul 2023

The Monetary Authority of Singapore has unveiled a new set of measures meant to separate and safeguard the cryptocurrency assets of customers.

regulation, cryptocurrency, digital assets, blockchain, Monetary Authority of Singapore (MAS)

MAS to launch an information-sharing platform for banks in Singapore

News | Digital Identity, Security & Online Fraud | 10 May 2023

The Parliament of Singapore has passed a bill that will facilitate the launch of an information-sharing platform for banks.

Monetary Authority of Singapore (MAS), regulation, fraud prevention, financial institutions

Singapore and Malaysia launch cross-border QR code payment links

News | Mobile Payments | 03 Apr 2023

The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have rolled out a a cross-border QR code payment link.

QR payments, QR code, cross-border payments, online payments, Monetary Authority of Singapore (MAS)

BIS's Nexus prototype links Eurosystem, Malaysia and Singapore payment systems

News | Online Payments | 27 Mar 2023

The Bank for International Settlements (BIS) Innovation Hub Singapore Centre has developed the Nexus concept of a multilateral network connecting multiple domestic instant payment systems (IPS).

instant payments, real-time payments, Monetary Authority of Singapore (MAS), PayNow, PromptPay

Singapore urges vigilance to money laundering and terrorist financing risks

News | Digital Identity, Security & Online Fraud | 17 Mar 2023

The Monetary Authority of Singapore has urged financial institutions to remain vigilant to money laundering and terrorism financing risks.

AML, fraud prevention, money laundering, Monetary Authority of Singapore (MAS)