MAS stated that the amendments will empower it to impose requirements relating to anti-money laundering and countering the financing of terrorism, user protection and financial stability on DPT service providers.
Tag: Singapore
Singapore’s Olympic gold medallist Joseph Schooling quits competitive swimming, ready for “next phase of life”
Schooling, now aged 28, made Singapore go wild with joy when he won the country’s first ever Olympic gold medal at the Rio de Janeiro Summer Olympic Games in 2016.
Singapore traffic: From April 1, red light cameras to catch speeding violations
The police data show that while traffic enforcement cameras are effective in deterring speeding violations, motorists still choose to speed at locations where they think no one is watching.
Singapore: MAS to bolster defence against money laundering and terrorism financing with COSMIC platform
Following public consultation in October 2021, the Financial Services and Markets Act 2022 (FSMA) was amended in May 2023 to set out the legislative framework for COSMIC.
Singapore summer 2024 set to sizzle, with 2023 recording 4th hottest ever
On March 23, Singapore Prime Minister Lee Hsien Loong posted on X: “Feeling the heat lately? 2023 was the 4th warmest year in Singapore and 2024 will be warmer.”
Former MAS chief Ravi Menon named Singapore’s first Ambassador for Climate Action
In addition to being Singapore’s Ambassador for Climate Action, Menon will be a senior adviser at the NCCS, which operates within the purview of the Prime Minister’s Office.
Jaishankar in Singapore: Visit presented opportunity to deepen strategic partnership, says MEA
Jaishankar was in Singapore from March 23 to 25; during the visit, he called on Singapore PM Lee Hsien Loong, and Deputy PM and Finance Minister Lawrence Wong.
Bicycle and golf clubs: Alleged freebies worth SGD 19K fetch 8 new charges for Iswaran
The gifts were allegedly given to Iswaran by a person named Lum Kok Seng, and this individual was part of a business that had a connection with Iswaran’s work as transport minister.
Jaishankar in Singapore: Promotes India’s semiconductor industry, pays homage to Netaji, delivers lecture
Upon arrival, Jaishankar paid tribute to Netaji Subhash Chandra Bose, the great Indian leader and freedom-fighter, at a Singapore landmark.
Singapore: RSAF airdrops humanitarian aid in Gaza
Singapore has successfully carried out its first humanitarian aid airdrop into Gaza on March 20. The mission was completed by the Republic of Singapore Air Force (RSAF) with its C-130 transport aircraft. The Royal Jordanian Air Force also worked closely with the RSAF. “Every little bit counts; we hope these airdrop missions will bring some […]
