Financial system

MAS, ABS set up task force to boost cyber, technology resilience against AI-driven threats

The FSB said autonomous AI introduces risks that can “materialise at great speed”

Potential sale of HSBC Life in the Republic highlights challenges posed by a fragmented market to both insurers and consumers

A calibrated strategy is needed to harness their efficiency while safeguarding monetary sovereignty

The growth of private credit in all forms has actually made our financial system more resilient and less concentrated

It also cautioned that concern about high public debt in some advanced economies could strain global bond markets

The borrowed metaphor now obscures more than it explains

International cooperation to develop regulatory frameworks and ensure strong investor protection is key to scaling this new system and building industry trust

How this ‘unlikely financial centre’ succeeded where others have failed