Project Ubin Phase 4: Cross-Border Payment versus Payment (PvP)
The Bank of Canada (BoC), Bank of England (BoE) and the MAS jointly published a report, which assesses alternative models that could enhance cross-border payments and settlements. The report examines existing challenges and considers alternative models that could in time result in improvements in speed, cost and transparency for users.
MAS, together with McKinsey & Company, launched a working paper which sets out how high-integrity carbon credits can be utilised as a complementary financing instrument to accelerate and scale the early retirement of coal-fired power plants (CFPPs) and identifies what is needed to develop a high-quality market for such credits.
The MAS Enforcement Report sets out the enforcement actions taken by MAS, as well as SFA and FAA cases investigated under MAS-CAD Joint Investigation Arrangement, for the period of 1 January 2022 to 30 June 2023. The report also gives an update on the progress of MAS' enforcement priorities for 2022/2023 and outlines MAS’ key enforcement priorities for 2023/2024.
This report highlights one of the foundational principles of Project Guardian – the establishment of open and interoperable networks. A framework is introduced for understanding the design options to enable the trading of digital assets across networks and liquidity pools. This framework considers the core principles of...