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Monetary Authority of Singapore stories

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Cloud
Hugosave granted Major Payment Institution license
April 2022
Hugosave has been granted a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).
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Fintech
Airwallex launches operations in Singapore as part of expansion plans
January 2022
Australian founded fintech Airwallex has announced its launch in Singapore after receiving a Major Payment Institution (MPI) licence by the Monetary Authority of Singapore in November 2021.
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Data analytics
Singapore preps financial sector for analytics & automation
April 2019
Singapore’s financial sector will be on the front line of change as data analytics and automation are likely to impact at least 121 job roles over the next three to five years.
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Payment gateways
MAS cybersecurity chief positions trust as critical to success of e-payments
May 2018
The Monetary Authority of Singapore’s chief cybersecurity officer says the nation must put significant effort into making e-payments trustworthy.
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Money Laundering
ACIP releases best practices to stamp out financial crime in Singapore
May 2018
Singapore must not tarnish its reputation as an international financial centre and transport hub by becoming a transit point for money laundering.
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Monetary Authority of Singapore
MAS panel discusses strategies for Singapore's cyber resilience
October 2017
"The meeting provided MAS an opportunity to validate its strategy for strengthening cyber resilience in the financial sector."
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IBM
Monetary Authority of Singapore launches Cyber Security Advisory Panel
September 2017
The Monetary Authority of Singapore has set up its own Cyber Security Advisory Panel that includes global security experts and thought leaders.
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Compliance
Singapore cloud providers given more risk management freedom
July 2016
Singapore's cloud guidelines are changing to bring them into line with the Monetary Authority of Singapore (MAS) guidelines and expectations.