Showing 4089 Documents for "payment services"
Filter by
Sort by
- MAS
- Speeches
Last revised date:
- 38th Association of Banks in Singapore (ABS), Annual Dinner, Raffles City Convention Centre, Tuesday, 28 June 2011 “Bank Capital Adequacy and Institutional Structure – Singapore’s Approach” INTRODUCTION Chairman, ABS, Council members of ABS, Ladies and Gentlemen It is my pleasure to be here this evening. I was last here to deliver the keynote address in 2007, prior to the global financial crisis. 2 As economies now recover, especially in Asia, it is easy to forget how close the global financial
- MAS
- Speeches
Last revised date:
- " Prospering in a Rising Asia" Distinguished Guests, Ladies and Gentlemen, 1 Let me first welcome all of you to the Conference Board Symposium on Asian Economies and Financial Markets, held for the first time here in Singapore. ASIA'S COMEBACK SINCE THE FINANCIAL CRISIS 2 Asian economies have come a long way since the financial crisis in 1997. For six years they have had a tumultuous ride, marked by unexpected shocks and painful adjustments. The September 11th attacks were followed by the
- MAS
- Media Releases
Last revised date:
- Singapore, 14 February 2000 - The Ministry of Finance, the Registrar of Companies and Businesses and the Monetary Authority of Singapore have jointly issued guidelines on offers of shares, debentures and unit trusts through the Internet to the public in Singapore. 2 The use of the Internet by both providers and users of financial services has increased rapidly, given the significant advantages offered by such electronic medium. The Internet represents an important and cost-efficient distribution
- MAS
- Media Releases
Last revised date:
- Singapore, 20 January 2022 … The Monetary Authority of Singapore (MAS) has imposed a composition penalty of S$1.1 million on Vistra Trust (Singapore) Pte. Limited (VTSPL) for its failures to comply with MAS’ Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) requirements. VTSPL is a trust company, licensed under the Trust Companies Act, whose business activities include the creation of trusts and provision of trustee services. 2 An MAS inspection carried out from April 2019
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 20 January 2022 … The Monetary Authority of Singapore (MAS) has imposed a composition penalty of S$1.1 million on Vistra Trust (Singapore) Pte. Limited (VTSPL) for its failures to comply with MAS’ Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) requirements. VTSPL is a trust company, licensed under the Trust Companies Act, whose business activities include the creation of trusts and provision of trustee services. 2 An MAS inspection carried out from April 2019
- MAS
- Letters to Editor
Last revised date:
- 15 May 2013 The Editor ST Forum Dear Editor MAS agrees with the view that exams are not the only way to test financial know-how (ST “Cai Jin”, 6 May 2013). However, as the Capital Markets and Financial Advisory Services (CMFAS) examinations are centrally administered by the Institute of Banking and Finance and the Singapore College of Insurance (SCI), they set a common standard and benchmark for representatives, and give consumers the assurance that their representative is competent and qualified
- PDPC
- Public Consultations
Last revised date:
- Section/SubSection Description b) scope of data covered? Comments There is a multitude of user activity data in different format and type (e.g. commuter's top-up payments may be denominated in thousands/dollars/cents or in USD/SGD), there will be operationally challenges in having the receiving organization accurately map and correctly capture the data provided by the porting organisation (notwithstanding that it is in a "machine readable format"). Propose to only have user provided
- MAS
- Speeches
Last revised date:
- Interview with Tharman Shanmugaratnam, Asiamoney, February 2001. Date: 1 Feb 2001 The Monetary Authority of Singapore (MAS) faces an uncertain future. Alone, the tiny island-state is unlikely to tempt international investors. Its only option to remain relevant may be to offer up its companies and banks to global players- providing an Asian headquarters of sorts. Although MAS is aware of Singapore's need to restructure and is in the process of transforming the financial sector, it is still not keen
- MAS
- Media Releases
Last revised date:
- Singapore, 17 November 2018 … Singaporeans will be able to take better charge of their financial well-being through new initiatives rolled out today by MoneySense, Singapore’s national financial education programme. 2 The new initiatives include a free online Financial Health Check tool and enhanced guidance services at key government touchpoints such as HDB and CPF Board to help Singaporeans make the right financial decisions at key milestones in their lives. A series of roadshows will be organised
- MAS
- Consultations
Last revised date:
- Consultation Paper VIEW DOCUMENT Consultation Paper on Guidelines on Sound Risk Management Practices (389 KB) Monetary Authority of Singapore GUIDELINES ON SOUND RISK MANAGEMENT PRACTICES 30 October 2002 -------- GUIDELINES ON SOUND RISK MANAGEMENT PRACTICES OCTOBER 2002 INVITATION FOR YOUR FEEDBACK These guidelines on Sound Risk Management Practices are statements of best practices that institutions are encouraged to adopt. We welcome your feedback and comments