Singapore
MAS to offer overnight renminbi liquidity
Monetary Authority of Singapore says it will launch an overnight liquidity facility for Chinese currency in July; latest step in growth of offshore market
People: Venezuela finance minister to sit on central bank board; and more
Venezuelan finance minister gets a seat on the central bank board; Bank of Japan London representative moves home to head up international division; and more
MAS review examines Singapore's economic prospects
Monetary Authority of Singapore releases latest edition of half-yearly Macroeconomic Review, featuring articles on global economics and Singapore's economy
MAS spearheads Bitcoin exchange regulation
Central bank is one of the first to act on regulating virtual currency exchanges, although controls are limited to money laundering and terrorist financing
Singapore unveils faster payments service
The Association of Banks in Singapore says ‘almost immediate’ payments service for interbank transfers will launch in the middle of the year
MAS says lack of global regulatory standard for virtual currencies cause for concern
Singapore's monetary authority and chief financial regulator singles out the likes of Bitcoin as a potential conduit for illicit activities, in survey on money laundering and terrorism financing
Singapore intensifies efforts to cut banknote waste
Monetary Authority of Singapore unveils a social networking campaign that encourages the public to refrain from giving brand new banknotes to each other at Chinese New Year
Singapore's Tharman to stay on as head of IMF advisory body
International Monetary and Financial Committee calls on Singaporean finance minister, and former MAS chief, to remain in the chair for one more year
Central bankers face tough monetary policy dilemmas
Central bankers around the world need to rethink their approaches to monetary policy
Singapore becomes third RQFII renminbi hub
Deal struck between Singaporean and Chinese authorities follows hot on the heels of an agreement with London, making Singapore the third approved centre for renminbi investments
MAS targets household debt with new credit rules
The Monetary Authority of Singapore has unveiled an arsenal of new measures to cap individuals' borrowing in an attempt to rein in rising levels of household debt
MAS announces eleven changes to ‘leadership bench’
The majority of the Monetary Authority of Singapore’s senior management team are either changing jobs or job descriptions; former chief risk officer at GIC is the only outside addition
Zoellick joins Temasek board under new chairman Lim Boon Heng
Singaporean sovereign fund appoints new chairman to take over from long-serving Dhanabalan; American political heavyweight joins as Temasek looks to establish a presence in the US
MAS to lend Singapore dollars against JGBs
Monetary Authority of Singapore and Bank of Japan strike cross-border collateral arrangement; MAS looking to make it easier for banks to manage their liquidity needs
Singapore brings inflation back in range, but household debt worries persist
Monetary Authority of Singapore warns a return to normal global monetary conditions will carry risks; says 'some' households will be at risk when interest rates rise as US tapers quantitative easing
MAS benchmark proposals may reduce number of dealers in SGD market
MAS proposal on financial benchmark setting aims to hold banks more accountable by imposing criminal and civil punishment
MAS penalises 20 banks for involvement in rate-rigging
Monetary Authority of Singapore says 133 traders attempted to manipulate financial benchmarks; punishes 20 banks, with ING Bank, RBS and UBS hit the hardest
MAS deputy highlights Singapore's growing links with the Middle East
Monetary Authority of Singapore's Lim Hng Kiang says cross-border Islamic transactions ‘set to take off’ as more Middle Eastern banks open in Singapore; growth potential ‘yet to be fully realised’
People: MAS’ Menon re-appointed; National Bank of Ukraine gets new board member
Ravi Menon will serve another two-year term at the helm of the Monetary Authority of Singapore; Ukraine's head of forex joins the board; Danish consumer champion becomes central bank director
MAS fears supply-side hindrance to growth and inflation
Singapore’s macroeconomic review laments ‘tepid and volatile’ growth; central bank expects moderate economic recovery and steady inflation in 2013
Asean pioneers lay foundation for economic union with capital markets move
Thailand, Malaysia and Singapore press ahead with capital markets integration in bid to jump-start Asian Economic Community
BIS finds Singapore compliant with Basel III
Consistency assessment finds Singapore compliant in 12 areas and ‘largely compliant’ in remaining two; report notes 46 deviations were initially identified, but many were addressed during the review
MAS’s Menon says Singapore is ready for shifting financial ‘centre of gravity’
Managing director says Singapore is well prepared to take advantage of a shift in finance towards Asia, with strong regulation and close links to the rest of the region
MAS pushes for tighter rules on financial advisers
Monetary Authority of Singapore expands and elaborates on report recommending tighter rules for financial advisers; calls for higher qualifications, more capital and greater efficiency