Showing 4218 Documents for "DPT service"

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    • PDPC
    • Practical Guidance

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    • Guidance on whether a Payment Service Provider may collect individuals’ NRIC numbers to enable accurate verification of customers’ identity when individuals apply for its automatic top-up service. Click here to find out more. PRACTICAL GUIDANCE TO QUERIES ON NRIC NUMBERS BY A PAYMENT SERVICE PROVIDER 1. A payment services provider (the Organisation) has sought guidance from the Personal Data Protection Commission (the Commission) on the application of the Advisory Guidelines on the Personal
    • PDPC
    • Commission's Decisions

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    • PERSONAL DATA PROTECTION COMMISSION [2017] SGPDPC 17 Case No DP-160-A712; DP-1604-A713 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Social Metric Pte Ltd … Organisation DECISION -------- Social Metric Pte Ltd [2017] SGPDPC 17 Tan Kiat How, Commissioner — Case No DP-160-A712; DP-1604-A713 27 November 2017. Background 1 This case involves a company which, as part of its social media marketing
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $18,000 and directions were issued to Social Metric for leaving the personal data exposed to the world wide web via unprotected URL links; and failure to remove personal data of its clients’ customers from its website when they no longer served a legal or business purpose. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2017] SGPDPC 17 Case No DP-160-A712; DP-1604-A713 In the matter of an investigation under section 50(1) of the Personal Data Protection
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 21 February 2023…The Monetary Authority of Singapore (MAS) and the Reserve Bank of India (RBI) today launched the linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI). This will enable customers of participating financial institutions in Singapore and India Singapore participants are DBS and Liquid Group. India participants are Axis Bank, DBS India, ICICI Bank, Indian Bank, Indian Overseas Bank and State Bank of India. Liquid Group is the first non-bank financial
    • MAS
    • Parliamentary Replies

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    • NOTICE PAPER 521 OF 2017 FOR THE SITTING ON 7 FEBRUARY 2017 QUESTION NO 952 FOR ORAL ANSWER Date: For Parliament Sitting on 7 February 2017 Name and Constituency of Member of Parliament Ms Sun Xueling, MP, Pasir Ris-Punggol GRC Question: To ask the Prime Minister (a) whether there are plans to offer online banking licences to internet companies focused on providing solutions for mobile payments; and (b) what will be the pre-requisites in terms of infrastructure and company capabilities for such licences
    • MAS
    • Forms and Templates

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    • Participants, operators, and settlement institutions of payment systems are required to submit information in the format below. PAYMENT SERVICES ACT 2019 (ACT 2 OF 2019) PAYMENT SERVICES REGULATIONS FORM 5 INFORMATION TO BE SUBMITTED BY A PARTICIPANT, OPERATOR OR SETTLEMENT INSTITUTION OF A PAYMENT SYSTEM UNDER SECTION 41(1) OF THE PAYMENT SERVICES ACT 2019 READ WITH REGULATION 21 OF THE PAYMENT SERVICES REGULATIONS Explanatory Notes 1. Please read these explanatory notes
    • MAS
    • Media Releases

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    • Singapore, 8 June 2020… The Monetary Authority of Singapore (MAS) announced today the launch of a S$1.75 million MAS Global FinTech Innovation Challenge. The competition will seek innovative solutions that can help financial institutions respond to two critical global challenges: COVID-19 and climate change. 2.     The theme for the competition is “Building Resilience, Seizing Opportunities, Emerging Stronger”. Through the competition, MAS aims to promote FinTech solutions that will help financial
    • MAS
    • Consultations

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    • This consultation sets out MAS' proposed subsidiary legislation for a new corporate structure that is tailored for collective investment schemes, known as the variable capital company (VCC). Response VIEW DOCUMENT [15 Jan 2020] Response to Feedback Received on The Proposed Framework for Variable Capital Companies Part 2 (781.7 KB) [15 Jan 2020] Annexes to the Response to Feedback Received on the Proposed Framework For VCC Part 2 (778.3 KB) [13 Mar 2020] Response to Feedback Received on The Proposed
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback on Draft PSOA Regulations and SVF Guidelines (18.7 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Draft Stored Value Facility Guidelines (71.1 KB) the comments RESPONSE TO FEEDBACK RECEIVED CONSULTATION ON THE DRAFT REGULATIONS PURSUANT TO PAYMENT SYSTEMS (OVERSIGHT) ACT 2006 AND DRAFT STORED VALUE FACILITY GUIDELINES MAS published two consultation papers on 8 March 2006 to seek comments on the draft
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 5 October 2020… The Monetary Authority of Singapore (MAS), together with the Association of Banks in Singapore (ABS) and the Finance Houses Association of Singapore (FHAS), today announced an extension of support measures to help individuals and Small and Medium-sized Enterprises (SMEs) facing cashflow difficulties transition gradually to full loan repayments. These extended measures will progressively expire over 2021. 2 Since April this year, banks and finance companies have been