Official Notices
81 notices published
Joint ABS-MAS Response to Letter "What PayNow’s alias removal really signals" - The Straits Times, 28 May 2026
ABS and MAS' joint response to the ST Commentary reiterates that the sole objective of the removal of PayNow nicknames is to address impersonation scams – a known modus operandi where scammers misuse nicknames to pose as trusted individuals or entities. Contrary to what Dr Rabetti suggested, it is not to support compliance and enforcement or to compromise privacy. The removal of nicknames is part of a broader set of anti-scam measures, including the setting of transaction limits, cooling-off periods, fraud monitoring, and consumer education. Together, these help strengthen protection against evolving scam risks.
Consumer Price Developments in April 2026
This April 2026 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry.
Opening Remarks by Mr Chia Der Jiun, Managing Director, Monetary Authority of Singapore at the UBS Asian Investment Conference, Singapore Wealth Edition, on 25 May 2026
At the UBS Investment Conference, Singapore Wealth Edition, Mr Chia Der Jiun, Managing Director of the Monetary Authority of Singapore, share his perspectives on navigating the latest macro-economic outlook amid an evolving geopolitical landscape.
Welcome Remarks by Mr Edward S. Robinson, Deputy Managing Director (Economic Policy) & Chief Economist, Monetary Authority of Singapore, and Member of the ABFER Council at the 13th Asian Monetary Policy Forum on 22 May 2026
At the 13th Asian Monetary Policy Forum, Mr Edward S. Robinson, Deputy Managing Director (Economic Policy) & Chief Economist, MAS, opened the Forum and outlined how policymakers are facing large interconnected shocks from tariffs, geopolitics, energy, and technological change. Central banks must protect their credibility through technical competence and impartiality in this challenging environment.
13th Asian Monetary Policy Forum to Discuss Challenges Facing the Global Economy and the International Monetary System
Singapore, 21 May 2026… The 13th Asian Monetary Policy Forum (AMPF), organised by the Asian Bureau of Finance and Economics Research (ABFER), the National University of Singapore (NUS) Business School, and the Monetary Authority of Singapore (MAS), will take place in Singapore today and tomorrow. The AMPF brings together leading academics and policymakers to examine key economic and financial issues in Asia and the world.
"Financing Asia’s Transition - From Risk to Readiness: Preparing for a Climate-Resilient Future" - Opening Address by Mr Chee Hong Tat, Minister for National Development, and Deputy Chairman of the Monetary Authority of Singapore, at the Financing Asia’s Transition Conference on 20 May 2026
Opening Address by Mr Chee Hong Tat, Minister for National Development, and Deputy Chairman of the Monetary Authority of Singapore, at the Financing Asia’s Transition Conference on 20 May 2026.
MAS Revokes the Major Payment Institution Licence of Bsquared Technology Pte Ltd
MAS has revoked the Major Payment Institution Licence of Bsquared Technology Pte Ltd (BSQ) with effect from 14 May 2026. BSQ is no longer permitted to provide digital payment token services in Singapore under the Payment Services Act 2019 (PS Act) from the same date.
Keynote Speech by Mr Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, and Chairman of the Monetary Authority of Singapore, at the Institute of Banking and Finance (IBF) Financial Industry Fiesta 2026 on 19 May 2026
At the IBF Financial Industry Fiesta 2026, Mr Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, and Chairman, MAS announced the launch of the Young Talent Programme for AI in Finance, which aims to equip students with both applied AI and financial sector skills that are in demand.
MAS Enhances PHS & Streamlines Complex Products Framework
MAS has finalized enhancements to Product Highlights Sheets (PHS) for clearer investor disclosures and a streamlined framework for complex products to reduce compliance burdens. Financial institutions must update templates and reclassify products ahead of the 2026 rollout. This balances consumer protection with industry efficiency, offering opportunities for digital innovation.
MAS Board Changes: Key Implications for Singapore Financial Firms
MAS announces updates to its Board of Directors, introducing new expertise in digital finance and risk management. These shifts signal evolving regulatory priorities amid fintech growth and global uncertainties. Financial businesses must adapt strategies to align with potential policy directions.