Singapore
MAS enhances cyber risk guidelines as risks grow
Authority warns “spate” of cyber attacks have targeted suppliers of IT services
People: Philippines governor recovering after medical procedure
Benjamin Diokno steps back from duties temporarily, plus appointments in UK, Singapore and more
MAS urges Singaporeans to use digital ‘red envelopes’ during Lunar New Year
E-hong bao help reduce the carbon emissions of printing banknotes, MAS says
MAS completes first phase of AI ethics initiative
‘Veritas’ aims to tackle bias in AI-driven financial services
MAS strengthens fintech co-operation with Ghana and Hungary
Agreements will help connect SMEs and foster discussions around regulation and emerging trends
Singapore non-bank firms can use real-time payments systems – MAS
“Major payment institutions” will be able to use two real-time systems from February 2021
MAS sets up grant scheme to encourage green loans
Singapore’s central bank will pay part of banks’ and other firms’ costs in hiring environmental advisers
MAS unveils yuan funding for banks in Singapore
New funding scheme of up to 25 billion yuan replaces overnight funding facility
MAS warns firms over third-party cyber risks
Ravi Menon warns of risks from open source software and third-party service providers
MAS encourages digital reporting through new grant
Firms can claim up to S$250,000 to implement new technology but only from pre-approved firms
MAS and Bank Indonesia extend currency agreement
Leaders agree to extend bilateral repo and currency swaps arrangements for another year
MAS secures more financial crime convictions
Nine individuals convicted as a result of MAS investigations over 18-month period
World’s biggest IPO suspended after PBoC intervenes
Ant Group market debut suspended after Chinese authorities interview Jack Ma
Singapore’s central bank discontinues issuance of $1,000 banknote
Highest denomination will remain legal tender, but new issuance will cease at the end of 2020
Regulators fine Goldman $2.9 billion over 1MDB
DoJ says bribes were largest it had discovered, as UK regulators fine US bank $126 million
Covid-19 bolsters support for greener future – Menon
Managing director takes stock of economic damage but says future will be a sustainable one
People: Denmark names board member; interim chief quits UK FCA
Appointments in Denmark and Singapore; departures in the UK and Namibia
MAS ‘front-loads’ interest rate benchmark reform effort
Central bank says not transitioning to new Sora rate will expose banking sector to increased risk
MAS ramps up liquidity support
Financial sector will have increased access to Singapore and US dollar funding
ECB ready to adjust its policy instruments – Philip Lane
MAS chairman warns post-pandemic labour markets will need new public policies
MAS chief says it will boost financial sector jobs for locals
Ravi Menon says authorities aim to increase proportion of Singaporeans employed in some roles
MAS launches campaign to boost Singaporeans’ financial resilience
Central bank starts programme in bid to help people manage challenges posed by Covid-19
MAS recognises first ‘significantly rooted’ foreign bank
StanChart’s new status will give it some of the same privileges as locally incorporated banking groups
Singapore faces most severe downturn since independence – Menon
Singapore’s economic situation remains “dire”, says managing director