Singapore Central Bank

MAS fines JPMorgan $1.8 mn over misconduct by relationship managers

MAS said in a statement that JPMorgan Chase did not have adequate processes and controls to ensure that relationship managers adhered to pre-agreed spreads with clients

Singapore keeps monetary policy unchanged as inflation risks linger

Federal Reserve last month delivered a larger-than-usual half-percentage-point reduction, while the European Central Bank is tipped to cut rates next week for the third time this year

Singapore central bank urges prudence in bank finances amid Covid recovery

Singapore's central bank urged banks to keep their finances strong and resilient to "shocks", in case of an abrupt rise in unemployment and business insolvencies due to pandemic

Singapore central bank weighs action over DBS service glitch

The issues stemmed from the bank's access control servers, resulting in customers' inability to log in to the services

Ready to curb excessive currency volatility: Singapore Central Bank

MAS manages monetary policy by letting the Singapore dollar rise or fall against the currencies of its main trading partners

Singapore central bank directs BSI Singapore to shut down

For serious breaches of anti-money laundering requirements and other lapses