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Change in Board Roster at the Monetary Authority of Singapore With Effect From 1 January 2026
Monetary Authority of Singapore announced an updated Board roster with effect from 1 January 2026. The Board will be chaired by Mr Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, supported by senior ministers, statutory office holders, and leaders from law, finance, academia, and public administration.
Monetary Authority of Singapore: Heng Swee Keat Steps Down from MAS Board After Two Decades Change in Board Composition
On 5 January 2026, the Monetary Authority of Singapore, announced that Mr Heng Swee Keat has relinquished his position with effect from 1 January 2026.
United States Commodity Futures Trading Commission Public Remarks on Global Derivatives and Crypto Policy: Acting CFTC Chairman Caroline D. Pham Sets Out Vision for the “Golden Age of Crypto” and Market Innovation at FIA EXPO Keynote
On 18 November 2025, Caroline D. Pham, Acting Chairman of the Commodity Futures Trading Commission, delivered a keynote address at the FIA EXPO, outlining the Commission’s strategic direction on derivatives market structure, blockchain technology, tokenization, and digital asset regulation.
United States Commodity Futures Trading Commission International Regulatory Coordination: CFTC Acting Chairman Endorses IOSCO Pre-Hedging Report, Signals No Further Rulemaking for United States Markets
On 19 December 2025, Caroline D. Pham, Acting Chairman of the Commodity Futures Trading Commission, issued a formal public statement welcoming the final report on pre-hedging released by the International Organization of Securities Commissions, reinforcing regulatory certainty for United States and global financial markets.
United States Commodity Futures Trading Commission Advisory Committees for Digital Asset Governance: US CFTC Acting Chairman Appoints Rob Hadick to Global Markets Advisory Committee Digital Asset Markets Subcommittee
On 22 December 2025, the Commodity Futures Trading Commission announced a targeted expansion of its digital asset advisory framework, with Caroline D. Pham, Acting Chairman of the Commission, confirming that Rob Hadick of Dragonfly Capital Partners has joined the Global Markets Advisory Committee’s Digital Asset Markets Subcommittee. Acting Chairman Pham currently sponsors the Global Markets Advisory Committee.
United States Commodity Futures Trading Commission Leadership Transition Acting Chairman Caroline D. Pham Announces Departure from the US CFTC
On 22 December 2025, the Commodity Futures Trading Commission confirmed that Caroline D. Pham, Acting Chairman of the Commission, formally announced her departure from public service. Caroline D. Pham was sworn in as a Commissioner of the Commodity Futures Trading Commission on 14 April 2022, following nomination by the President of the United States and unanimous confirmation by the United States Senate. She assumed the role of Acting Chairman on 20 January 2025, following the inauguration of Donald J. Trump, and led the agency during a period of heightened focus on market structure, innovation, and regulatory legitimacy.
United States Commodity Futures Trading Commission Appointment: Michael S. Selig Sworn In as 16th Chairman of the CFTC: Pro-Innovation Era for United States Crypto and Derivatives Markets
On 22 December 2025, Michael S. Selig was formally sworn in as the 16th Chairman of the United States Commodity Futures Trading Commission, for United States commodity, derivatives, and digital asset regulation. Chairman Selig was nominated by Donald J. Trump, President of the United States, on 27 October 2025, and subsequently confirmed by the United States Senate on 18 December 2025.
United States Commodity Futures Trading Commission Leadership Update US CFTC Chairman Appoints Amir Zaidi as Chief of Staff: A Pro-Innovation Direction for Digital Asset Markets
On 31 December 2025, the United States Commodity Futures Trading Commission announced a leadership appointment, with Chairman Michael S. Selig naming Amir Zaidi as the Commission’s Chief of Staff. The appointment comes at a strategically sensitive moment for United States derivatives and digital asset regulation, as Congress moves closer to finalising market structure legislation affecting crypto-linked commodities and futures markets.
Singapore MAS and SFA Announce 2025 Global FinTech Hackcelerator and FinTech Excellence Award Winners
On 13 November 2025, the Monetary Authority of Singapore and the Singapore FinTech Association announced the winners of the Global FinTech Hackcelerator and the FinTech Excellence Awards at the Singapore FinTech Festival. The awards celebrate innovative solutions developed by financial institutions, technology firms and individual leaders shaping the FinTech landscape. The Global FinTech Hackcelerator focused on artificial intelligence for financial services and featured seventeen finalists pitching on Demo Day. Three winning teams received eighty thousand dollars each. The FinTech Excellence Awards recognised solutions that advance inclusivity, sustainability, regulatory strength and emerging technology adoption. Eight winners were selected by an international judging panel from one hundred and fifty five submissions.
Bank of England, Singapore MAS and Bank of Thailand Launch Joint Exploration of Synchronised Cross Border FX Settlement
On 13 November 2025, the Bank of England, the Monetary Authority of Singapore and the Bank of Thailand announced a joint initiative to explore synchronised settlement mechanisms for foreign exchange transactions, under Project Meridian FX and aims to test settlement models that link real time gross settlement systems with distributed ledger based environments. The participating central banks will assess interoperability across their systems and examine multilateral use cases involving different settlement infrastructures.
Singapore MAS and Deutsche Bundesbank Sign MoU to Advance Tokenisation and Cross Border Digital Asset Settlement
On 13 November 2025, the Monetary Authority of Singapore and the Deutsche Bundesbank signed a Memorandum of Understanding to collaborate on cross border digital asset settlement. The MoU aims to enhance international financial transactions, including flows between Singapore and Germany. The MoU focuses on developing settlement solutions that reduce cost and processing time for cross border transfers. It also promotes common standards for payments, foreign exchange and securities settlement involving tokenised assets.
Singapore MAS Completes First Live Trial of Interbank Overnight Lending Settlement Using Wholesale CBDC
On 13 November 2025, the Monetary Authority of Singapore announced the successful completion of a live trial for settling interbank overnight lending transactions using wholesale central bank digital currency. The trial took place on the Singapore Dollar Test Network, an operational shared ledger designed to support settlement of tokenised financial assets. DBS, OCBC and UOB participated in the pilot and recorded the first live issuance of Singapore dollar wholesale central bank digital currency in their official books and regulatory filings.
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