Showing 4566 Documents for "economic issues"
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- MAS
- Notices
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- Requirements for trust companies on anti-money laundering (AML) and countering the financing of terrorism (CFT). Financial institutions operating in Singapore are required to put in place robust controls to detect and deter the flow of illicit funds through Singapore's financial system. Such controls include the need for financial institutions to identify and know their customers (including beneficial owners), to conduct regular account reviews, and to monitor and report any suspicious transaction
- PDPC
- Public Consultations
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- RESPONSE TO FEEDBACK ON THE PUBLIC CONSULTATION ON APPROACHES TO MANAGING PERSONAL DATA IN THE DIGITAL ECONOMY Issued 1 February 2018 -------- RESPONSE TO FEEDBACK ON THE PUBLIC CONSULTATION ON APPROACHES TO MANAGING PERSONAL DATA IN THE DIGITAL ECONOMY (Issued 1 February 2018) (issued DD Month YYYY) TABLE OF CONTENTS PART I: INTRODUCTION AND BACKGROUND .............................................................................. 3 PART II: ENHANCED FRAMEWORK FOR COLLECTION
- MAS
- Codes
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- Sets out the best practices that managers, approved trustees, VCC directors and VCC custodians of collective investment schemes offered to retail public are expected to observe on management, operation and marketing of the schemes. Annex N Code on Collective Investment Schemes THIS VERSION OF THE CODE IS IN DRAFT FORM AND IS SUBJECT TO CHANGE. Code on Collective Investment Schemes -------- Code on Collective Investment Schemes TABLE OF CONTENTS Page The VCC, VCC Directors
- MAS
- Speeches
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- Date: 17 May 1999 Q1. In the statement it is mentioned that you want to keep the market share of domestic banks to 50%. How are you going to keep this and what is going to happen if it goes below 50%? A1. Well in the statement we have stated our position carefully. Firstly I think the way we have structured our package, we have given local banks some time to upgrade and adapt and make sure they hold their own. It is not an overnight freeing up of all restrictions; it is a phased adjustment. They
- MAS
- Speeches
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- 'Hedge Funds: A Mainstream Alternative' Good morning, Ladies and Gentlemen A DECADE OF CONTROVERSY AND RAPID GROWTH 2 Ten years ago this month, speculation that Europe's Exchange Rate Mechanism (ERM) would be realigned gained momentum and the British pound came under intense pressure in the foreign exchange markets. The rest, as they say, is history. 3 Hedge funds have come a long way since the Sterling attack. They have been linked to other instances of market turmoil, like the Mexican Peso
- PDPC
- Public Consultations
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- PUBLIC CONSULTATION ON PROPOSED REGULATIONS ON THE PUBLIC CONSULTATION ON PROPOSED REGULATIONS ON THE PUBLIC CONSULTATION ON PROPOSED REGULATIONS ON THE PERSONAL DATA PROTECTION ACT 2012 IN SINGAPORE PERSONAL DATA PROTECTION ACT 2012 IN SINGAPORE - A RESPONSE FROM THE ASIA INTERNET COALITION A RESPONSE FROM THE ASIA INTERNET COALITION 19 MAR 2013 The Asia Internet Coalition (AIC) is an industry association with a membership of eBay, The Asia Internet Coalition (AIC) is an industry
- MAS
- Speeches
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- Good morning. Welcome to MAS’ annual report press conference. 2 I would like to highlight five key messages today. first, macroeconomic outlook better this year than last; second, strong S$ more than offset good returns on MAS’ investments; third, banking system sound but build-up in household debt worrying; fourth, stepped up efforts to ensure we remain clean and trusted financial centre; fifth, good progress in key drivers of financial centre growth. GDP growth stronger and CPI inflation lower
- MAS
- Notices
Last revised date:
- Requirements for payment service providers (other than a digital payment token service provider) on anti-money laundering (AML) and countering the financing of terrorism (CFT) Payment service providers are required to put in place robust controls to detect and deter the flow of illicit funds through Singapore's financial system. Such controls include the need for financial institutions to identify and know their customers (including beneficial owners), to conduct regular account reviews, and to monitor
- MAS
- Speeches
Last revised date:
- Alternative Investments: Meeting the Challenges 1 Good morning. I am happy to be here, in the company of so many participants and experts from the asset management industry. 2 The hedge fund community has been in the spot light in recent periods, and generated considerable debate on a number of fronts. Simply from media reports, one would be led to believe that hedge funds are responsible for many things. The upheavals in the credit markets; the sharp backwardation in the crude oil market
- MAS
- Speeches
Last revised date:
- Speech By Mr Lim Hng Kiang, Deputy Chairman MAS, Minister For Health and Second Minister for Finance, at the Association of Banks in Singapore AGM Dinner on 25 Jun 2002 Introduction 1 The last five years have been challenging ones for our banking sector. Whether facing the direct impact of the Asian financial crisis or the aftershocks of the South American and Russian financial crises, it is clear that financial services is a global industry. Singapore emerged relatively unscathed but the lesson