MAS announced the re-appointment of two existing members to the MAS Board of Directors.
The Singapore Police Force (Police), the Infocomm Media Development Authority (IMDA) and MAS have taken action to block the website of an unregulated trading platform, Arotrade.
MAS announced that the first phase of the Veritas initiative - a framework for financial institutions to promote the responsible adoption of Artificial Intelligence and Data Analytics (AIDA) - will commence with the development of fairness metrics in credit risk scoring and customer marketing. These metrics will help financial institutions validate the fairness of their AIDA solutions in the two use cases. More use cases will be identified in subsequent phases of the initiative.
This consultation sets out MAS' proposed regulatory approach under the Securities and Futures Act for derivatives contracts that reference payment tokens (e.g. Bitcoin) as underlying assets.
- Consultation number:
- Start date:
- 20 November 2019
- Closing date:
- 20 December 2019
- MAS response date:
- 15 May 2020
This study by Ivan Png and Charmaine Tan was published as Special Feature C in the April 2020 Macroeconomic Review.
This study by Amit Seru was published as Special Feature B in the April 2020 Macroeconomic Review.
Promoting Economic Growth & Financial Stability
Maintaining a Robust, Resilient & Trusted Financial Centre
Developing an Innovative & Inclusive Financial Centre