Monetary Authority of Singapore

MAS slams 6 ex-Great Eastern financial advisers with prohibition orders

This follows after the six individuals were convicted of tax evasion.

Central bank explores responsible AI practices through new tech firm collab

It partnered with Google Cloud to also cultivate technologists with AI skills.

Core inflation was unchanged in April as travel services post higher inflation

The central bank said there was lower inflation for electricity and gas.

MAS issues 8-year ban to former AIG, Liberty insurance agent

Yeo Siew Liang James was convicted of 18 counts of corruption in 2021.

Ravi Menon reappointed as managing director of MAS

Senior Advisor Goh Chok Tong is stepping down from his position.

MAS proposes digital platform to help banks easily detect financial crime

It will detect customers who exhibit multiple “red flags” linked to financial crime. 

MAS chief Ravi Menon set to step down in 2023: report

Chia Der Jiun is tipped to be the next managing director of Singapore’s central bank.

Where to invest if MAS eases monetary policy in October

Assets like bonds and gold will be a safe haven for investors.

No policy tightening as core inflation expects to ease by end-2023

The central bank evaluated that the current policy band is sufficiently tight.

Singapore ready to provide liquidity to keep financial system stable: MAS

Minister Shanmugaratnam assured that the central bank conducts annual stress tests.

Singapore reaffirms creditor hierarchy following Credit Suisse AT1 wipeout

Equity holders will absorb losses before AT1 and Tier 2 bondholders, MAS said.

MAS in “close contact” with Swiss regulators over Credit Suisse

Credit Suisse recently announced that it is borrowing up to CHF50b.

MAS: banking system sound amidst US bank failures

MAS said that its local banks have “insignificant exposures” to the failed banks.

MAS, Brunei central bank ink MOU to deepen financial industry cooperation 

MAS managing director Ravi Menon said that they had “a good exchange of views.”

FTX-tied assets of Singapore users not protected by MAS: statement

FTX is not licensed by MAS, operates offshore, and did not actively solicit Singaporeans, the central bank said.

MAS launches Ubin+ to study cross-border FX settlement using CBDCs

It will study business models and create policy guidelines.