MAS and Elevandi announced the return of the Singapore FinTech Festival (SFF) as an in-person event to be held from 2 to 4 November 2022, with industry events and the annual Innovation Lab Crawl being held on 31 October and 1 November. The theme of SFF 2022 will be ‘Building Resilient Business Models amid Volatility and Change’.

MAS announced that Singapore’s S$2.4 billion inaugural sovereign green bond was priced at 3.04%. S$2.35 billion of the 50-year bond was placed with institutional and accredited investors. The remaining S$50 million of the bond will be offered to individual investors, who may submit their applications from 9:00am on 5 August to 12:00 noon on 10 August 2022.

Written Reply to Parliamentary Question on risk assessment of borrowers defaulting on loans financed through floating rate loan packages by local banks

MAS conducted thematic inspections on the operational risk management standards and practices of selected banks, with a focus on third party risk management. The paper sets out MAS’ supervisory expectations, good practices, improvement areas and case examples observed from the inspections.

This report sets out our strategy on climate resilience and environmental sustainability to strengthen the resilience of our financial sector to environmental risks, develop a vibrant green finance ecosystem, build a climate-resilient reserves portfolio and incorporate sustainable practices in our organisation.

The Financial Sector Development Fund (FSDF) offers funding support to firms and individuals participating in the financial services sector. Learn more about FSDF.