Singapore: Introduced Financial Institutions (Miscellaneous Amendments) Bill 2024 including new powers for the Monetary Authority of Singapore (MAS)
Description
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…
Scope
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2024-01-10
under deliberation
2024-03-07
adopted
2024-03-22
adopted