Singapore
Singapore leaves monetary policy unchanged
Decision comes despite moderation in domestic inflation
BIS instant payments trial to move from ‘concept to reality’
India joins Project Nexus as it prepares for “live implementation”
MAS expands asset tokenisation initiatives
Central bank publishes white paper on shared ledger system, and expands ‘Project Guardian’
Reserve Bank of India plans to take payments system to 20 countries
Peruvian central bank signs agreement to use India’s Unified Payment Interface
China links CBDC to Hong Kong’s fast payments system
Hong Kong residents can top up wallets via 17 retail banks as PBoC continues to promote use
Cecilia Skingsley on monetary policy tech and a unified ledger
Head of the BIS Innovation Hub speaks about tokenisation, CBDCs and the ‘black box problem’ in AI
Central banks prepare for the rise of AI
AI will not replace accountability in monetary policy decision-making, MAS chief says
BIS’s Zhang Tao on why Asian central banks favour a broader policy mix
The BIS’s Asia chief speaks with Christopher Jeffery and Jimmy Choi about supporting liquidity, financial stability and innovation in the Asia-Pacific region
MAS to spend $25 million on sustainable finance training
Singaporean central bank says local universities are providing more courses in the field
Singapore leaves monetary policy settings unchanged
Core inflation likely to start falling in fourth quarter and continue next year, MAS says
MAS partners with Mastercard to tackle cyber risks
Singaporean central bank and payments firm will share information and conduct joint training
MAS launches AML data-sharing platform
Banks can share data on suspicious activities by customers, Singapore’s central bank says
Philippine central bank launches sustainable finance taxonomy
BSP is Asia’s latest monetary authority to set out framework to help tackle climate crisis
India and Nepal to set up cross-border payments link
Project adds to growing list of similar bilateral initiatives in Asia
MAS seeks to simplify data collection rules for insurance sales
Proposal aims to allow customers in Singapore to buy simple policies more easily
Singapore keeps monetary policy unchanged
Central bank expects core inflation to fall gradually amid lower import and domestic costs
Singapore moves to expand MAS’s supervisory powers
Central bank would oversee currently unregulated activities and have greater investigative remit
MAS fines Credit Suisse S$3.9 million over misconduct
Relationship managers made false statements to clients over bond trades, says regulator
People: October to December 2023
A round-up of central bankers in the news and on the move during the past three months
MAS suspends some remittance channels to China
Singapore’s central bank acts after Chinese authorities freeze around $10 million worth of remittances