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Monetary Authority of Singapore
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About Monetary Authority of Singapore
Founded in--
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Websitemas.gov.sg
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Compare Monetary Authority of Singapore with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | - based on 0 reviews | 3.7/5 based on 90.4k reviews | 3.7/5 based on 53.4k reviews | 3.8/5 based on 56.8k reviews |
Highly Rated for | - | Job security Work-life balance | Job security | Job security Company culture |
Critically Rated for | - | Promotions Salary Work satisfaction | Promotions Salary | Promotions |
Primary Work Policy | - | Work from office 81% employees reported | Hybrid 62% employees reported | Hybrid 74% employees reported |
Rating by Women Employees | - no rating available | 3.8 Good rated by 26.2k women | 3.8 Good rated by 15.3k women | 3.9 Good rated by 21.3k women |
Rating by Men Employees | - no rating available | 3.6 Good rated by 59k men | 3.7 Good rated by 35.7k men | 3.8 Good rated by 32.9k men |
Job security | - Data not available | 4.5 Good | 3.8 Good | 3.8 Good |
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Monetary Authority of Singapore Salaries
Assistant Director
(3 salaries)
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₹95 L/yr - ₹96 L/yr
Deputy Director
(1 salaries)
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₹96 L/yr - ₹1.1 Cr/yr
.NET Consultant
(1 salaries)
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₹18 L/yr - ₹23 L/yr
Linux Engineer
(1 salaries)
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₹67.1 L/yr - ₹74.2 L/yr
Senior Technology Consultant
(1 salaries)
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₹47.5 L/yr - ₹52.5 L/yr
Assistant Director Project Manager
(1 salaries)
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₹66.5 L/yr - ₹73.5 L/yr
Database Team Lead
(1 salaries)
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₹27 L/yr - ₹34.5 L/yr
Financial Risk Specialist
(1 salaries)
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₹5.4 L/yr - ₹6.9 L/yr
Monetary Authority of Singapore News
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Singaporeans Should Stay Clear of Cryptocurrencies, Says Alvin Tan
- Singapore's Minister of State for Trade and Industry and Culture, Community and Youth Alvin Tan advised that consumers should stay clear of cryptocurrencies, citing their high volatility, speculation, and lack of fundamental value.
- MAS (Monetary Authority of Singapore) has consistently warned the public about the risks of dealing in cryptocurrencies and has imposed stricter regulations, prohibiting digital payment token service providers from offering credit or leverage to retail customers, and banning the use of locally issued credit cards for cryptocurrency purchases.
Fintechnews | 5 Mar, 2025
Singapore Warns of Multi-Stage Scams Posing as Shopee, UnionPay, MAS
- Singaporean authorities have warned about a surge in scams impersonating Shopee, UnionPay, and the Monetary Authority of Singapore (MAS).
- Victims have lost at least S$1.4 million across 12 reported cases since January 2025.
- The scam involves impersonating Shopee staff and falsely informing victims of recurring insurance policy charges.
- Authorities urge the public to be cautious, avoid sharing personal details or transferring money to unknown individuals, and verify suspicious requests through official sources.
Fintechnews | 3 Mar, 2025
Singapore Reassures Public That NRIC Number Alone Cannot Authorise Bank Transactions
- Singaporean banks are reviewing their practices regarding the use of NRIC numbers in light of updated data protection guidelines.
- This review is aimed at aligning with new policy intent and safeguarding personal data.
- The Association of Banks in Singapore assures customers that NRIC numbers alone cannot be used for payments and fund transfers.
- The Ministry of Digital Development and Information will update advisory guidelines on NRIC use following consultations.
Fintechnews | 9 Jan, 2025
MAS Streamlines Product Approval Process for Life Insurers
- The Monetary Authority of Singapore (MAS) is streamlining the product approval process for life insurers while maintaining robust consumer protection.
- Amendments to MAS Notice 302 on Product Development and Pricing and MAS Notice 321 on Direct Purchase Insurance Products introduce a tiered notification system based on the novelty of product features.
- Approval from MAS will now be required only for products with features entirely new to the Singaporean life insurance industry, while notification requirements apply for other scenarios.
- These revisions aim to facilitate innovation within the life insurance sector while maintaining robust consumer protection.
Fintechnews | 21 Nov, 2024
‘Finfluencers’ Must Be Licensed When Providing Financial Advice, Says MAS
- The Monetary Authority of Singapore (MAS) received fewer than five complaints annually over the past five years regarding online 'finfluencers.'
- Complaints mostly concerned individuals who did not provide financial advice and were not regulated by MAS.
- Financial institutions using finfluencers for advertising must ensure clear and balanced presentation of information, including key features and risks.
- Finfluencers providing financial advice must be licensed under the Financial Advisers Act.
Fintechnews | 14 Nov, 2024
Singapore Fintech Festival 2024 Wraps up With 65,000 Attendees From 135 Countries
- The Singapore Fintech Festival (SFF) 2024 concluded with 65,000 participants from 134 countries and regions.
- The event featured discussions, showcases, and networking opportunities, emphasizing innovation and collaboration in financial technology.
- Highlights included the Insights Forum, Regulation Zone, Technology Zone, Founders and Investors Zone, Talent Zone, and ESG Zone.
- SFF 2025, the 10th anniversary edition, is scheduled for November 2025.
Fintechnews | 13 Nov, 2024
Upcoming Shared Responsibility Framework Will Protect Minor’s Bank Accounts
- Deputy Prime Minister and Chairman of the Monetary Authority of Singapore (MAS) Gan Kim Yong addressed the safety of digital banking services for minors under 16.
- Bank accounts for minors can only be opened by parents, either as joint accounts or accounts solely in the child’s name.
- Measures include lower daily transaction limits, monitoring tools for parents, and security measures such as real-time alerts and mechanisms to prevent unauthorized transactions.
- The upcoming Shared Responsibility Framework will ensure banks compensate scam victims and outline investigation timelines for fraudulent activity.
Fintechnews | 13 Nov, 2024
BlackRock, MAS Unveil Blended Finance Initiative for SE Asia Decarbonisation
- BlackRock and the Monetary Authority of Singapore (MAS), alongside other partners, will develop a new blended finance debt programme focused on industrial transformation projects under MAS’ Financing Asia’s Transition Partnership (FAST-P) initiative.
- The programme aims to mobilise capital for decarbonisation projects in Southeast Asia by expanding access for global investors seeking to finance these initiatives.
- This initiative comes in response to the growing need for investment in clean energy in Southeast Asia, with the goal of transitioning to a low-carbon economy.
- FAST-P seeks to mobilise up to US$5 billion from public, private, and philanthropic partners to finance the transition to a low-carbon economy in Southeast Asia.
Fintechnews | 12 Nov, 2024
MAS, China Agree Green Finance & Capital Markets Initiatives
- The Monetary Authority of Singapore (MAS) announced new green finance and capital markets initiatives to strengthen financial cooperation with China.
- Initiatives include catalyzing green financing flows, exploring piloting the 'Over-the-Counter' bond market framework, strengthening collaboration in indices and Exchange Traded Funds (ETF) product links, and facilitating financial institutions' access to Chinese markets.
- MAS and the People’s Bank of China (PBC) are working to expand the Common Ground Taxonomy (CGT) to include the Singapore-Asia Taxonomy for easier comparison of green taxonomies and cross-border green loans and bond issuance.
- MAS and the China Securities Regulatory Commission (CSRC) are discussing expanding the suite of products on the ETF Product Links and developing new ETF products and indices to cater to investors' needs.
Intelalley | 12 Nov, 2024
German Central Bank Joins MAS-Led Project Guardian
- The Deutsche Bundesbank has joined Project Guardian, a global initiative led by the Monetary Authority of Singapore (MAS) to explore asset tokenisation in financial markets.
- Project Guardian aims to improve market liquidity and efficiency through the use of technology, and the Bundesbank will participate in pilot projects to test asset tokenisation use cases.
- As a member of the policymaker group, the Bundesbank will contribute to cross-border collaboration and the development of common standards for this emerging technology.
- The Bundesbank will also be involved in testing an interoperable blockchain platform for tokenised and digital funds in the Asset & Wealth Management workstream of Project Guardian.
Fintechnews | 12 Nov, 2024
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