Aggregated News From Investment Management Regulators

Singapore

Opening Remarks by Mr Lim Tuang Lee, Assistant Managing Director (Capital Markets), Monetary Authority of Singapore, at the ASEAN Corporate Governance Scorecard Briefing 2021...

1     Mr John Lim, Past Chairman, Singapore Institute of Directors (“SID”),
Professor Lawrence Loh, Centre for Governance and Sustainability (“CGS”), NUS Business School,
Ladies and gentlemen, a very good morning to you.

MAS issues Prohibition Order against Mr Ahmadnawar Bin Abd Karim for dishonest conduct

Singapore, 7 May 2021… The Monetary Authority of Singapore (MAS) has issued a 10-year prohibition order against Mr Ahmadnawar Bin Abd Karim, following his conviction in the State Courts for conducting regulated activities without a licence and cheating.

MAS Launches Global FinTech Hackcelerator for a Greener Financial Sector

Singapore, 6 May 2021… The Monetary Authority of Singapore (MAS) announced the launch of the 6th edition of the Global FinTech Hackcelerator, with the theme “Harnessing Technology to Power Green Finance”. The competition, supported by Oliver Wyman, seeks to unlock the potential of FinTech in accelerating the development of green finance in Singapore and the region.

Keynote Interview with Mr Ravi Menon, Managing Director, Monetary Authority of Singapore, at the FT Global Boardroom on 6 May 2021

Watch the video of the Keynote Interview with Mr Ravi Menon, Managing Director, Monetary Authority of Singapore at the FT Global Boardroom here:

MAS commits $42m to spur adoption of technology solutions for risk management and regulatory compliance

Singapore, 30 April 2021… The Monetary Authority of Singapore (MAS) announced today a new Regulatory Technology (RegTech) grant scheme and an enhancement of the Digital Acceleration Grant (DAG) scheme to accelerate technology adoption in the financial sector.  MAS will commit $42 million for the RegTech grant scheme and enhanced DAG scheme.These grants are part of the S$250 million committed under the enhanced Financial Sector Technology and Innovation Scheme (FSTI 2.0) in August 2020.

Regulator Information

Abbreviation: MAS
Jurisdiction: Singapore

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