MAS
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Singaporean banks to strengthen resilience against phishing scams
A digital token will strengthen online security for customers.
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FCA week in review October 30 – November 3, 2023
A busy week with action on buy-now-pay-later schemes, Consumer Duty and crypto marketing, and enforcements including yet another British Steel Pension Scheme case.
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Crypto update: UK stablecoin regulation, MAS partnership, and Peirce dissent
Also, Bitcoin celebrates its 15th anniversary and SEC brings action against SafeMoon.
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Singaporean authorities propose shared responsibility framework for phishing scams
The Monetary Authority of Singapore and Infocomm Media Development Authority aim to strengthen accountability.
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Singapore’s MAS imposes over $20m in penalties for AML and market abuse violations
Watchdog shows teeth with robust actions resulting in 39 criminal convictions.
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Singapore watchdog MAS finalizes stablecoin framework
The new rules will apply to single-currency stablecoins that are pegged to the Singapore dollar or a G10 currency.
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Singapore floats tough new measures for crypto trading
Monetary Authority of Singapore aims to reduce risk of consumer harm while encouraging innovation.