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- MAS
- Media Releases
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- Singapore, 12 June 2023… The Monetary Authority of Singapore (MAS) today launched the 8th edition of the Global FinTech Hackcelerator, titled “ Artificial Intelligence (AI) in Finance Global Challenge ”, to produce innovative and market-ready AI solutions that can transform the financial services industry. The competition is conducted in partnership with AI Singapore (AISG) and powered by Oliver Wyman. 2. Interested parties from around the world are invited to submit innovative solutions to address
- MAS
- Consultations
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- Response VIEW DOCUMENT Consultation Paper on MAS Notice 610 and MAS Notice 1003 (1.53 MB) Consultation Paper VIEW DOCUMENT Public Consultation on Proposed Revisions to MAS Notice to Banks 610 and MAS Notice to Merchant Banks 1003 Submissions of Statistics and Returns (723.1 KB) SECOND CONSULTATION PAPER AND RESPONSE TO FEEDBACK RECEIVED February 2017 Proposed Revisions to MAS Notice to Banks 610 and MAS Notice to Merchant Banks 1003 - Submission of Statistics and Returns Monetary
- MAS
- Speeches
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- Date: 19 Jul 2000 1 POLICY APPROACH 1.1 Technology is changing the business of banking. The Internet has opened up new strategies and processes across the value chain of banking, including service delivery, customer relationship management, payment and settlement, and risk management. These innovations can significantly benefit banks and consumers by improving efficiency, and enhancing competition, price transparency, and convenience to customers. 1.2 Two broad business models have emerged
- PDPC
- Public Consultations
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- PDPC’s Public Consultation on Proposed Data Portability and Data Innovation Provisions By: Gary Tan Date: 24th Jun 2019 Contact: garytkq@gmail.com -------- Q1. What are your views on the impact of data portability, specifically on consumers, market and economy? In reference to the proposed obligation and phrasing in 2.14 in page 7, it should preferably not be made mandatory for one organisation to port data to another organisation. Rather, the data can be sent to the consumer.
- MAS
- Macroeconomic Reviews
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- -------- Volume IV, Issue 2 October 2005 Economic Policy Department Monetary Authority of Singapore -------- ISSN 0219-8908 Published in October 2005 Economic Policy Department Monetary Authority of Singapore http://www.mas.gov.sg All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanised, photocopying, recording or otherwise, without the prior written permission of the copyright owner
- MAS
- Media Releases
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- Singapore, 23 May 2000... The Monetary Authority of Singapore (MAS) today announced its plans to position itself as a leading ART centre in Asia when alternative risk transfer products take off in a big way in this region. 2 Speaking at the 2nd Conference on Alternative Risk Transfers (ART) in Asia organised by Asia Insurance Review, Mrs Hauw Soon Hoon, Executive Director, Insurance Department of MAS, noted the rapid changes in the global risk landscape, and the need for the insurance industry
- PDPC
- Commission's Decisions
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- Directions were issued to Budgetcars to put in place appropriate contractual provisions, conduct a security audit of its technical and administrative arrangements for the security and maintenance of its website and rectify any security gaps identified in the audit report. This is pursuant to a data breach incident where personal data could be accessed by changing a few digits of the tracking ID. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2022] SGPDPCS 13 Case No. DP-2108
- MAS
- Financial Sector Development Fund Annual Report
Last revised date:
- The Financial Sector Development Fund (FSDF) offers funding support to firms and individuals participating in the financial services sector. Learn more about FSDF. FSDF grants support a wide range of initiatives across talent development, technology and innovation, financial sector activities and consumer education. The financial sector continued to provide good job opportunities in the past year, with 3,500 net jobs created Source: Administrative Records and Labour Force Survey, Manpower Research
- MAS
- Media Releases
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- Bandar Seri Begawan, 12 May 2018… The Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) today signed a FinTech Cooperation Agreement (CA) to foster innovation in financial services between Brunei Darussalam and Singapore. 2 The FinTech CA will facilitate the sharing of information on emerging FinTech trends and developments, and promote joint innovation projects between both countries. It will also establish a framework for both authorities to provide support
- MAS
- Media Releases
Last revised date:
- Seoul, 24 October 2016… The Monetary Authority of Singapore (MAS) and the Korean Financial Services Commission (KFSC) today signed a cooperation agreement to foster greater cooperation in FinTech. The signing took place at the sidelines of the FinTech Demo Day organised by the Korean FinTech Centre. 2 The agreement provides a framework for cooperation in FinTech between Singapore and South Korea. Under the agreement, MAS and KFSC will explore potential joint innovation projects on technologies