Monetary Authority of Singapore

MAS’ Future of Finance Institute starts operations with AI focus; names interim CEO

Alan Lim, head of the financial infrastructure and AI office at MAS, will serve concurrently as the interim CEO of FFI.

MoneySmart data breach hits S’pore, HK users; IC numbers, financial info potentially exposed

MoneySmart operates an online platform that allows consumers to evaluate, compare and purchase products.

MAS sets aside $30m to help insurers build expertise in funding major projects

MAS is also proposing changes to the capital insurers must set aside against investment risks, reducing requirements for investments where the risks justify this.

No way to tell if S’pore investors affected by Binance hack; withdrawals temporarily suspended

The hack involved around US$6.3 billion (S$8.05 billion) in funds.

At least $1.3m lost in October to scammers posing as Simba staff and government officials

Fraudsters posing as Simba staff would claim victims’ details had been compromised and route calls to fake government officials who would trick targets into handing over large sums of money.

Banks should review financing ties with firms linked to haze: MAS

The three local banks said they uphold a zero-tolerance policy towards clients engaging in activities such as deforestation and open burning.

Derek Chan named as CEO of new entity governing Singapore’s payment schemes

Sembcorp, Keppel stand to benefit as Singapore steps up energy infrastructure investments

Keppel is less exposed to Indonesian gas because most of its supplies come from Malaysia and LNG imports, according to JPMorgan analysts.

Euro nears 3-month low against Singdollar amid political unrest in Europe, may weaken further

The euro has declined 4.8% against the Singdollar in 2026.

Monetary policy could turn accommodative as AI productivity gains take hold: MAS chief economist

While AI-related investments are driving economic growth, the technology has yet to deliver significant productivity improvements across the wider economy, says MAS chief economist Edward Robinson.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.