Singapore

DPM Wong is the new chairman of MAS’ board of directors

Wong will survive beginning 8 July up to 31 May 2026.

DPM Wong is the new chairman of MAS’ board of directors

Wong will survive beginning 8 July up to 31 May 2026.

StanChart Singapore appoints new head of HR

Standard Chartered Bank has appointed Yang-Sheng Wong.

UOB partners with Jewel Changi for cards campaign

This campaign aims to expand its reach toward ASEAN countries.

MAS kicks off public consultation for code of conduct of ESG ratings, data products

The proposed code will establish minimum industry standards of transparency in methodologies and data sources.

End of cheap money era: Maybank’s Alvin Lee on investing in an era of wealth preservation, protectionism

Globalization is no longer the best strategy for banks if they wish to thrive in the new era of investing.

SG’s PayerMax receives licence from Indonesia’s central bank

This makes Indonesia its sixth market to obtain a licence.

MAS unveils open-source toolkit for responsible AI-use in finance

It was supported by the collaborative effort of the association of 31 industry players.

MAS forms Project Guardian Industry Group with 11 FIs

The report explores the application of CPMI-IOSCO principles for financial sector infrastructures to emerging models of digital asset networks. 

Singapore’s investment banking fees 25% lower in H1 2023

BofA Securities currently leads investment banks in terms of fees generated.

It’s time to rethink loans

 It should be about offering options and putting control back in the hands of consumers so that they can decide what is best for them, says GXS' Jenn Ong.

OCBC unveils digital account opening for foreigners moving to SG

Individuals from Malaysia, Indonesia, mainland China, and Hong Kong can avail of the service.

Clifford Capital Holdings names J.P. Morgan banker as new CEO

P. Murlidhar Maiya was CEO of the bank’s South and Southeast Asia businesses.

Ripple clinches in-principle regulatory approval to offer digital payment tokens in Singapore

Majority of its on-demand liquidity transactions flow from Singapore, the company said.

MAS completes investigation on Citadelle; no further action taken

Citadelle did not breach the Trust Companies Act, according to MAS.

MAS fines 4 entities S$3.8m for failures in anti-money laundering controls

DBS and OCBC are fined S$2.6m and S$600,000, respectively.

MAS suggests digital money standards through whitepaper

The paper includes technical specifications detailing the entire lifecycle of purpose bound money.

Maybank Singapore to maintain capital, liquidity above regulatory waters: Moody's

The bank hopes to keep a low problem loan ratio of around 0.5%.