As AI systems move from tools to autonomous agents in finance, Singapore’s regulator is building something rare: a full governance stack. Here’s how MAS’s MindForge, Veritas, and new AI risk guidelines work together, and why it matters globally.
With the new guidelines proposal, MAS is clearly signaling that Singapore aims to be one of the global leaders in safe, responsible AI adoption within financial services, encouraging innovation, but not at the expense of risk.
JPMorgan Chase relationship managers allegedly misrepresented or withheld key pricing details, causing clients to pay spreads exceeding agreed rates, said the Central Bank of Singapore.
US crypto company BitGo can now expand its operations in Singapore with regulated digital payment token services.
The Sustainable Finance Jobs Transformation Map (JTM) laid out by MAS aims to support upskilling and reskilling in the financial sector and develop a new range of specialists in sustainable finance over the next three years.
China’s Central Bank Digital Currency (CBDC) – e-yuan – will be now used for cross-border payments between China and Singapore, facilitating tourist spending between the two countries.
The Monetary Authority of Singapore (MAS) has instructed companies providing money transfer services to suspend the use of non-bank and non-card channels when interacting with individuals interested in cross-border transactions to China.
The Monetary Authority of Singapore (MAS) introduces new investor protection measures for crypto service providers to discourage cryptocurrency speculation among retail customers.
The Monetary Authority of Singapore (MAS) has unveiled several initiatives that have been developed to ensure the achievement of such a goal as the safe and responsible use of digital money in this country.
South-East Asian super-app Grab has enhanced its services with a Web3 offering supported by the USDC issuer Circle
The Monetary Authority of Singapore (MAS) quotes the rising cost of cheque processing as the main reason for abolishing corporate cheques as a payment instrument altogether
Singapore regulators have long cooperated with traditional banks to develop uniform standards for screening potential crypto customers, the results and conclusions are expected to be published in the next two months
Central bank institutions of Singapore and India will link their real-time payment systems next week to enhance cross-border payment connectivity
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