Showing 4566 Documents for "economic issues"
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- MAS
- Financial Sector Development Fund Annual Report
Last revised date:
- As part of MAS’ efforts to foster a sound and dynamic international financial centre, the Financial Sector Development Fund (FSDF) offers grants to incentivise financial sector players in talent development, technology and innovation, and financial sector activities. Learn more about FSDF. Grant expenditure has decreased 33% (or $116m) from FY21, due partly to adjustments to the training schemes to reduce subsidy rates progressively. Subsidy levels had been temporarily enhanced during the pandemic
- PDPC
- Commission's Decisions
Last revised date:
- A warning was issued to Belden Singapore for a breach of the PDPA in relation to the transfer of its Singapore-based employees’ personal data to its parent company in the United States. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2021] SGPDPC 13 Case No. DP-2011-B7423, DP-2011-B7433 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And (1) Belden Singapore Private Limited (2) Grass Valley Singapore Pte Ltd
- PDPC
- Public Consultations
Last revised date:
- Comments on Public Consultation on Review of the Personal Data Protection Act 2012 - Proposed Data Portability and Data Innovation Provisions (Issued 22 May 2019) Authors Kow Fangjie, Joshua1 Hang Ying Yao2 Victor Looi Yi En3 All opinions and comments contained in this submission are the personal views of the authors only, and do not reflect the views of the authors’ respective employers. Submitted to: corporate@pdpc.gov.sg
- MAS
- Notices
Last revised date:
- Risk-based capital adequacy requirements for reporting finance companies incorporated in Singapore. This notice applies to all reporting finance companies. It sets out: The capital adequacy ratio and leverage ratio requirements for a reporting finance company and the methodology and process for calculating these ratios. Requirements for the internal capital adequacy assessment process of a reporting finance company. Public disclosure requirements for a reporting finance company in relation to its
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback: Draft Banking (Amendment) Bill 2006 (210.2 KB) Consultation Paper VIEW DOCUMENT Draft Banking (Amendment) Bill 2006 (1.02 MB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION ON DRAFT BANKING (AMENDMENT) BILL 2006 Introduction Definition of Deposit (Section 4B) 1 1.1 On 31 July 2006, MAS released a consultation paper on proposed amendments to the Banking Act (BA), and the draft Banking (Amendment) Bill (Bill). We thank all
- MAS
- Monographs/Information Papers
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- This practice guide is jointly published by MAS and SGX RegCo, and sets out guiding principles that help brokers develop and implement good practices in their trade surveillance operations. 1 -------- Contents Page 1 Introduction ..................................................................................................... 3 2 Guiding Principles for Trade Surveillance Operations ...................................... 6 Supervisory scope and findings
- MAS
- Media Releases
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- Singapore, 13 August 2020... The Monetary Authority of Singapore (MAS) today announced that it will commit S$250 million over the next three years under the enhanced Financial Sector Technology and Innovation Scheme (FSTI 2.0) to accelerate technology and innovation-driven growth in the financial sector. FSTI 2.0 also aims to strengthen support for large-scale innovation projects, and build a stronger pipeline of Singaporean talents in FinTech. 2 The launch of FSTI 2.0 was announced by Mr Ravi
- MAS
- Speeches
Last revised date:
- Chairman and CEO of the Wealth Management Institute, Mr Lim Chow Kiat, Ms Foo Mee Har Distinguished Guests, Ladies and Gentlemen, 1. I am very happy to join you this morning for the Owner’s Symposium, as well as the inaugural Global-Asia Family Office Summit. It is a great time to be in Singapore and I welcome all our overseas guests. It is a good time from a Covid-19 situation point of view, as we are in a far better place today than we were when the pandemic started. And also because we have a
- MAS
- Notices
Last revised date:
- Requirements for credit card or charge card licensees 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
- MAS
- Consultations
Last revised date:
- Response VIEW DOCUMENT Response to Feedback: Proposed Regulatory Framework Governing Special Purpose Reinsurance Vehicles (28.6 KB) Consultation Paper VIEW DOCUMENT Proposed Regulatory Framework Governing Special Purpose Reinsurance Vehicles (249.9 KB) RESPONSE TO FEEDBACK RECEIVED - CONSULTATION PAPER ON THE PROPOSED REGULATORY FRAMEWORK GOVERNING SPECIAL PURPOSE REINSURANCE VEHICLES INTRODUCTION 1.1 On 26 May 2008, MAS issued a consultation paper (the CP) inviting