Singapore: Closed consultation on proposed amendments to the Payment Services Regulations including investor protection measures for digital payment token services
Description
Closed consultation on proposed amendments to the Payment Services Regulations including investor protection measures for digital payment token services
On 3 August 2023, the Monetary Authority of Singapore (MAS) closed its consultation on the draft amendments to the Payment Services Regulations 2019 including investor protection measures for digital payment token (DPT) services. One of the key chan…
Scope
Policy Area
Consumer protection
Policy Instrument
User/subject right
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank
Complete timeline of this policy change
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2023-07-03
in consultation
2023-08-03
processing consultation
2024-04-02
adopted