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Singapore: Financial Institutions (Miscellaneous Amendments) Bill 2024

Progress

Current status
in force
05 Apr 2024 in force
22 Mar 2024 adopted
07 Mar 2024 adopted
10 Jan 2024 under deliberation

Scope

Implementers
Singapore
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
legislature
Government Body
central government
parliament
Implementation Level
national

Timeline of events

05 Apr 2024
in force

Implemented Financial Institutions (Miscellaneous Amendments) Act 2024 including new powers for the Monetary Authority of Singapore (MAS)

On 5 April 2024, the Financial Institutions (Miscellaneous Amendments) Act 2024 entered into force. The Act includes new powers for the Monetary Authority of Singapore (MAS), aiming to enhance MAS's investigative, reprimanding, supervisory, and insp…

Source
Event type law
Action type implementation
Government branch executive
Government body central government
22 Mar 2024
adopted

Signed Financial Institutions (Miscellaneous Amendments) Bill 2024 including new powers for the Monetary Authority of Singapore (MAS)

On 22 March 2024, the Financial Institutions (Miscellaneous Amendments) Bill 2024 was signed by the President of Singapore. The Bill includes new powers for the Monetary Authority of Singapore (MAS), aiming to enhance MAS's investigative, reprimandi…

Source
Event type law
Action type signing
Government branch executive
Government body central government
07 Mar 2024
adopted

Adopted Financial Institutions (Miscellaneous Amendments) Bill 2024 including new powers for the Monetary Authority of Singapore (MAS)

On 7 March 2024, the Financial Institutions (Miscellaneous Amendments) Bill 2024 was adopted by the Parliament of Singapore. The Bill includes new powers for the Monetary Authority of Singapore (MAS), aiming to enhance MAS's investigative, reprimand…

Source
Event type law
Action type adoption
Government branch legislature
Government body parliament
10 Jan 2024
under deliberation

Introduced Financial Institutions (Miscellaneous Amendments) Bill 2024 including new powers for the Monetary Authority of Singapore (MAS)

On 10 January 2024, the Financial Institutions (Miscellaneous Amendments) Bill 2024 was introduced in the Parliament of Singapore. The Bill includes new powers for the Monetary Authority of Singapore (MAS), aiming to enhance MAS's investigative, rep…

Source
Event type law
Action type introduction
Government branch legislature
Government body parliament