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- Consultations
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- Response VIEW DOCUMENT Response to Feedback: Consultation Paper on Payment Systems (Oversight) Act (172.3 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Payment Systems (Oversight) Act (221.5 KB) RESPONSE TO FEEDBACK RECEIVED - CONSULTATION ON PAYMENT SYSTEMS OVERSIGHT ACT On 16 April 2003, MAS released a Consultation Paper ("the Paper") inviting comments from the industry and other interested parties on a proposed Payment Systems Oversight Act ("the Act") in Singapore. The Paper set
- MAS
- Media Releases
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- Singapore, 13 February 2017…The Monetary Authority of Singapore (MAS) today announced the formation of a new Data Analytics Group (DAG) with effect from 15 March 2017. The move is part of MAS’ broader efforts to help position itself and the financial sector for the digital economy of the future. 2 DAG will lead MAS’ efforts to harness the power of data analytics to unlock insights, enhance the supervision of financial institutions, make regulatory compliance more efficient for financial institutions
- MAS
- Letters to Editor
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- Dear Editor, We refer to the letters from Mr Sarvjeet Sharma (“Banking revolution may be bad news for employees”, 6 July) and Dr Patrick Liew Siow Gian (“Add value to roles that cannot be managed by technology”, 9 July) commenting on the growing use of technology and its impact on jobs. Technology is reshaping the way products and services are produced and consumed. To stay competitive, businesses have no choice but to harness technology so that they can serve their customers better. The financial
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback: Draft Payment Systems (Oversight) Bill (169 KB) Consultation Paper VIEW DOCUMENT Draft Payment Systems (Oversight) Bill (460 KB) RESPONSE TO FEEDBACK RECEIVED - CONSULTATION ON DRAFT PAYMENT SYSTEMS (OVERSIGHT) BILL On 23 December 2004, MAS issued a consultation paper inviting comments on the draft Payment Systems (Oversight) Bill ("draft Bill"). The consultation period for the draft Bill closed on 28 Jan 2005. A total of 19 respondents (listed in
- MAS
- Consultations
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- Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Legislation to Protect Payment and Settlement Systems (180.8 KB) Joint Consultation Paper by The Monetary Authority of Singapore The Attorney-Generals Chambers of and Singapore LEGAL PROTECTION FOR FINANCIAL PAYMENT SYSTEMS 15 August 2002 -------- LEGAL PROTECTION FOR FINANCIAL PAYMENT SYSTEMS CONTENTS Settlement risk Systemic risk Executive Summary Introduction Risks in Foreign Exchange Transactions
- MAS
- Speeches
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- Good morning and welcome to the IBF. Thanks for taking the time to be here with us, especially Mr Ong Ye Kung, Minister for Education and Board Member of MAS. Today marks a significant milestone for IBF. For today, we launch, together with our tripartite partners, the IBF Careers Connect. With Careers Connect, IBF will now be the integrated service provider for all matters related to skills, jobs, and careers, in the financial industry. Singapore’s financial centre is doing well. We are routinely
- MAS
- Media Releases
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- Singapore, 27 August 2015… At its inaugural meeting on 25 August, the Monetary Authority of Singapore's (MAS) Financial Centre Advisory Panel (FCAP) discussed strategies to grow Singapore’s financial centre, promote innovation and the use of technology, and build deep skills and capabilities. Mr Ravi Menon, Managing Director, MAS, chaired the meeting, which was attended by 24 FCAP members from across Singapore’s banking, insurance, and asset management industries. Growth Strategies FCAP members
- PDPC
- Public Consultations
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- RESPONSE TO CONSULTATION PAPER Consultation topic: Public Consultation on Approaches to Managing Personal Data in the Digital Economy Organisation: DP Credit Bureau Pte Ltd (DPCB) Name of Contact Person Jennifer Lee Contact number clarifications: for any [Redacted] Email clarifications: address for any [Redacted] I wish to keep the following confidential: Confidentiality Contact number and email address of Jennifer Lee. (Please indicate
- PDPC
- Public Consultations
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- RESPONSE TO PUBLIC CONSULTATION PAPER Consultation topic: Name1/Organisation: 1if responding in a personal capacity Contact number for any clarifications: Email clarifications: address any for Public Consultation For Managing Unsolicited Commercial Messages And The Provision Of Guidance To Support Innovation In The Digital Economy FWD Singapore Pte. Ltd. 6727 5745 / 6727 5746 Livia.Aminah@fwd.com / Markose.Thomas@fwd.com 1 -------- Question 1:
- MAS
- Media Releases
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- Singapore, 6 August 2019… The Monetary Authority of Singapore (MAS) today issued a set of legally binding requirements to raise the cyber security standards and strengthen cyber resilience of the financial sector. The Notice on Cyber Hygiene sets out the measures that financial institutions must take to mitigate the growing risk of cyber threats. 2 The Notice will make compulsory key elements in the existing MAS Technology Risk Management (TRM) Guidelines The TRM Guidelines are a set of best