The Monetary Authority of Singapore (MAS) received 21 applications for digital bank licences by the deadline at the end of 2019, according to a news release published on 7 January. Last year, the Singapore financial regulator announced plans to issue up to five digital banking licences. These licences would be in addition to the digital banks that Singapore banking groups…
MAS receives 21 digital banking licence applications
7 January 2020

Share article
Share article
Related News

Exclusive
Are Asia’s private banks cooling on digital post-COVID?
22 March 2023

J.P. Morgan PB enhances UHNWI digital platform with Swiss software investments
3 December 2022

Federated Hermes expands APAC wholesale team to drive PB distribution
30 November 2022

Neuberger Berman receives green light to run mutual fund business in China
28 November 2022

HSBC GPB launches digital DPM for clients in Asia
24 November 2022

Hong Kong Fintech Week: Wealth industry seeks to tap new digital innovations
31 October 2022

UBS targets GBA affluent market with “unique” new digital platform
26 October 2022

Raffles Family Office launches platform for digital assets
13 October 2022

Moonfare to enter India in digital PE platform’s latest expansion
28 September 2022

Lioner obtains financial adviser licence, appoints CEO in Singapore
5 September 2022

Standard Chartered names new global head of digital business
20 July 2022