Focus areas and schemes to develop Singapore as a global capital for Asian risk transfer.
This consultation paper sets out the remaining amendments to Regulations, Notices and Guidelines for the rest of the Banking (Amendment) Act 2020 (BAA) that have not yet commenced.
MAS has issued prohibition orders against two former insurance agents for dishonest conduct, following MAS’ investigations into their dishonest conduct involving the sale of integrated shield plans.
Read the annual Financial Stability Review for the analyses and results of the MAS' assessment of the Singapore's financial system in 2020.
MAS has directed DBS Trustee Limited, in its capacity as the trustee of Eagle Hospitality Real Estate Investment Trust, to remove Eagle Hospitality REIT Management Pte Ltd as the Manager of EH-REIT and appoint a new manager as soon as practicable.
MAS announced today that eligible non-bank financial institutions (NFIs) will have direct access to the banking system’s retail payments infrastructure from February 2021. NFIs that are licenced as major payment institutions under the Payment Services Act will be allowed to connect directly to Fast and Secure Transfers (FAST) and PayNow.