Tag: Monetary Authority of Singapore (MAS)

MAS Monetary Authority of Singapore
October 20, 2017 BY Valentina Kirilova

MAS simplifies rules for managers of venture capital funds to facilitate start-ups’ access to capital

The Monetary Authority of Singapore (MAS) announced today that a simplified regulatory regime for managers of venture capital funds (VC managers) will come into immediate effect, following public consultation on the proposal earlier this year. The new regulatory regime will simplify and shorten the authorisation process for VC managers. MAS will no longer require VC…

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October 05, 2017 BY Valentina Kirilova

Singapore consortium to harness blockchain technology for more efficient inter-bank payments

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) announced today that the consortium which they are leading has successfully developed software prototypes of three different models for decentralised inter-bank payment and settlements with liquidity savings mechanisms. The project, conducted together with 11 financial institutions and five technology companies, is…

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