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MAS Launches Global FinTech Hackcelerator for a Greener Financial Sector

MAS digital banks risk management Hackcelerator

MAS announced the launch of the 6th edition of the Global FinTech Hackcelerator, with the theme “Harnessing Technology to Power Green Finance”. The competition, supported by Oliver Wyman, seeks to unlock the potential of FinTech in accelerating the development of green finance in Singapore

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MAS Makes Senior Management Changes

Ms Ho Hern Shin

MAS announced four new senior management appointments as part of an ongoing process to renew MAS’ leadership bench. Ms Ho Hern Shin, currently Assistant Managing Director (Banking & Insurance), will be appointed Deputy Managing Director

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Managing the risks of remote working in financial institutions

ABS

MAS and The Association of Banks in Singapore (ABS) jointly issued today a paper on managing new risks that could emerge from extensive remote working arrangements adopted by financial institutions (FIs) amid the COVID-19 pandemic.

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MAS and SGX: Beware of risks related to trading incited by online discussions

Exchange Regulation MAS SGX

MAS and Singapore Exchange Regulation advise the investing public to be on heightened alert to the risks related to trading in securities incited by online discussion forums and social media chat groups.

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MAS Enhances Guidelines to Combat Heightened Cyber Risks

MAS digital banks risk management Hackcelerator

The Monetary Authority of Singapore (MAS) today issued revised Technology Risk Management Guidelines (578.7 KB) (Guidelines) to keep pace with emerging technologies and shifts in the cyber threat landscape

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Veritas Initiative Addresses Implementation Challenges in the Responsible Use of Artificial Intelligence and Data Analytics

MAS Veritas

Monetary Authority of Singapore (MAS) today announced the successful conclusion of the first phase of the Veritas initiative which saw the development of the fairness assessment methodology in credit risk scoring

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MAS Announces Successful Applicants of Licences to Operate New Digital Banks in Singapore

MAS digital banks risk management Hackcelerator

The Monetary Authority of Singapore (MAS) announced four successful digital bank applicants. The applicants selected for the award of banking licences to operate digital banks are as follows:

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MAS Announces 20 Finalists for the 2020 Global FinTech Hackcelerator

MAS Announces 20 Finalists for the 2020 Global FinTech Hackcelerator

The Monetary Authority of Singapore (MAS) announced today the 20 finalists for the 2020 Global FinTech Hackcelerator. The finalists this year comprise several unique solutions that seek to drive positive social

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MAS Launches S$1.75 Million FinTech Innovation Challenge for a Covid-Resilient and Greener Financial Sector

MAS digital banks risk management Hackcelerator

Singapore, 8 June 2020… The Monetary Authority of Singapore (MAS) announced today the launch of a S$1.75 million MAS Global FinTech Innovation Challenge. The competition will seek innovative solutions that can help financial institutions respond to two critical global challenges: COVID-19 and climate change.

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