Masco (MAS) news

MAS amends Singapore code on take-overs & mergers

The Monetary Authority of Singapore (MAS) has announced amendments to the Singapore Code on Take-overs and Mergers, reflecting ongoing efforts to modernize and clarify the regulatory framework governing corporate acquisitions and mergers in the country. These changes aim to enhance transparency,…

Singapore CB official reiterates that the existing monetary policy stance is adequate

Singapore’s Monetary Authority of Singapore (MAS) has reaffirmed that the current monetary policy stance remains appropriate, with central bank officials emphasizing that the policy framework is well-aligned with the city-state’s economic outlook. In a recent briefing, Edward Robinson, chief…

MAS: MAS revokes major payment institution licence of BSquared

—————— Article with URL markers: The Monetary Authority of Singapore (MAS) has revoked the major payment institution (MPI) licence of BSquared Pte Ltd, following repeated failures to meet regulatory requirements under the Payment Services Act 2019 and MAS Notice PSN01 on Anti-Money Laundering and…

MAS to enhance distribution safeguards for complex products

The Monetary Authority of Singapore (MAS) has proposed a series of reforms aimed at enhancing the distribution safeguards for complex investment products, with the goal of improving investor understanding and decision-making. These changes are part of a broader effort to modernize the regulatory…

ImportantMASU: rate hike desirable if no signs of economic downturn