Showing 4218 Documents for "DPT service"

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    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 21 November 2017… The Monetary Authority of Singapore (MAS) today launched a second consultation on its proposed payments regulatory framework, known as the Payment Services Bill (the “Bill”) 1 . The Bill will streamline the regulation of payment services under a single legislation, expand the scope of regulated payment activities to include virtual currency services and other innovations, and calibrate regulation according to the risks posed by these activities. 2   Last year, MAS had
    • PDPC
    • Practical Guidance

    Last revised date:

    • Guidance on whether the data involved in Meta’s Proof Of Concept (POC) constitutes anonymised data, and clarification on roles and responsibilities of key stakeholders involved. Click here to read more. PRACTICAL GUIDANCE TO META Background Meta is implementing a Proof of Concept (POC) on Interoperable Private 1. Attribution (IPA) to measure the effect of advertising impressions on conversions without the use of 3rd party cookies or mobile device identifiers1.
    • MAS
    • Speeches

    Last revised date:

    • Opening Distinguished guests, ladies and gentlemen, good morning. It is my pleasure to join you today at the 13th Singapore International Reinsurance Conference. I believe the theme of this year’s conference, “Managing Risks in an Uncertain World”, is one which will resonate with many of you, as insurers, reinsurers and brokers alike navigate the crosscurrents in the reinsurance industry, in search of profitable growth and better returns. In keeping with the conference theme, I would like to share
    • MAS

    Last revised date:

    • Mr Ravi Menon, Managing Director of the Monetary Authority of Singapore spoke about the future of jobs and banking in Southeast Asia, as well as prospects for FinTech, including bitcoin ATMs and crowdfunding. A Bitcoin dispensing machine at an underground shopping mall in Singapore: the country is looking at fintech to help advance the skillset of its citizens (photo: Then Chih Wey Xinhua News Agency/Newscom) IMF COUNTRY FOCUS Singapore: Banking on the Future December 14, 2017 Singapore
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $3,000 and $1,000 were imposed on Fu Kwee Kitchen Catering Services and its data intermediary, Pixart, respectively, for failing to implement proper and adequate protective measures to prevent unauthorised access of its customers’ personal data, whereby users could access other customers’ personal data by altering the URL of its order preview webpage. Fu Kwee was also issued directions to send employees for training, appoint a Data Protection Officer and conduct a security
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 6 September 2019… The Monetary Authority of Singapore (MAS) and the Singapore Academy of Law (SAL) have launched a new Payments Regulatory Evaluation Programme (PREP) to help connect the payments industry with legal service providers. Instead of relying on informal referrals, PREP provides payment firms with a streamlined process to gain access to lawyers specialising in payment services regulations to meet their compliance needs. For a start, seven local and international law firms in
    • MAS
    • Guidelines

    Last revised date:

    • Guidelines on procedures to apply for a Capital Markets Services or Financial Advisory licence, appoint representatives and pay fees. These guidelines apply to: a) Persons applying for a capital markets services’ (CMS) licence. b) Person applying for a financial adviser’s (FA) licence. c) Capital markets services licensee. d) Licensed financial advisers. e) Appointed, provisional or temporary representatives. They set out the administrative procedures in respect of applications for (i) CMS or FA
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 23 March 2020... Singapore and Australia have agreed to enhance data connectivity in financial services between both countries under the Singapore-Australia Digital Economy Agreement (DEA). The DEA ensures that financial institutions operating in Singapore and Australia are able to transfer information that they generate or hold more seamlessly across borders. 2 The conclusion of negotiations for the DEA was jointly announced by the Prime Ministers of Singapore and Australia today. 3 Under
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $10,000 was imposed on Ascentis for failing to put in place reasonable security arrangements to protect individuals' personal data in its possession or under its control. Click here for more information. PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPC 10 Case No. DP-2209-C0193 / DP-2209-C0217 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 1 Organisation And Ascentis Pte. Ltd. DECISION -------- Ascentis
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $10,000 was imposed on Ascentis for failing to put in place reasonable security arrangements to protect individuals' personal data in its possession or under its control. Click here for more information. PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPC 10 Case No. DP-2209-C0193 / DP-2209-C0217 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 1 Organisation And Ascentis Pte. Ltd. DECISION -------- Ascentis