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- QUESTION NO 1485 NOTICE PAPER 865 OF 2017 FOR WRITTEN ANSWER Date: For Parliament Sitting on 2 October 2017 Name and Constituency of Member of Parliament Assoc Prof Daniel Goh Pei Siong, NCMP Question: To ask the Prime Minister whether the Ministry will regulate transaction fees and platform rental fees charged by cashless e-payment platform providers by mandating caps on such fees so as to accelerate the widespread adoption of e-payment by small and medium enterprises and consumers. Answer by Mr
- MAS
- Media Releases
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- Singapore, 13 September 2018… The US Commodity Futures Trading Commission (CFTC) and the Monetary Authority of Singapore (MAS) today signed an arrangement to foster greater cooperation in FinTech. The arrangement supports both authorities’ efforts to facilitate FinTech development and innovation in their respective markets. This arrangement is the CFTC’s second FinTech cooperation arrangement with a non-US authority and its first with an authority in Asia. The Cooperation Arrangement on Financial
- MAS
- Parliamentary Replies
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- QUESTION NO. 707 NOTICE PAPER NO. 401 OF 2016 FOR WRITTEN ANSWER Date: For Parliament Sitting on 08 November 2016 Name and Constituency of Member of Parliament Mr Leon Perera, Non-Constituency Member of Parliament Question: To ask the Prime Minister in light of the securities fraud investigations relating to the "penny stock" case which have been ongoing for several years (a) how robust are Singapore's safeguards against such cases of fraud; and (b) how does the Commercial Affairs Department compare
- PDPC
- Public Consultations
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- PUBLIC CONSULTATION FOR MANAGING UNSOLICITED COMMERCIAL MESSAGES AND THE PROVISION OF GUIDANCE TO SUPPORT INNOVATION IN THE DIGITAL ECONOMY : Bayer (South East Asia) Pte. Ltd. : Data Privacy Manager, ASEAN : +65 6496 1698 : Khurram.chaiwalla@bayer.com : 12 June 2018 Submission of comments to the Personal Data Protection Commission from Organization Contact Person : Khurram Chaiwalla Title Phone Email Date Page 1 of 3 --------
- MAS
- Media Releases
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- Singapore, 22 May 2023…The Monetary Authority of Singapore (MAS) today launched the Financial Sector Artificial Intelligence and Data Analytics (AIDA) Talent Development Programme. The initiative, which is part of the National AI Programme in Finance The National AI Programme in Finance is a joint effort by MAS and the Smart Nation and Digital Government Group. It aims to develop Singapore as a global hub for financial institutions to research, develop, and deploy AI solutions. , aims to increase
- MAS
- Orders
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- Payment Blocking Order to financial institutions, issued pursuant to section 21(3) of the Remote Gambling Act 2014. The Remote Gambling Act 2014 ("RGA") has been repealed with effect from 1 August 2022, with the reconstitution of the Gambling Regulatory Authority ("GRA") from the Casino Regulatory Authority ("CRA"). The relevant RGA sections were brought under the Gambling Control Act 2022 ("GCA"). RGA Order (4) dated 15 July 2020 remains in force after 1 August 2022 given the saving and transitional
- MAS
- Notices
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- Requirements for all credit card issuers to submit quarterly statistical returns for credit cards to MAS. This notice applies to all credit card issuers in Singapore. It sets out the requirements for statistical returns for credit cards to be submitted to MAS each quarter. The notice includes: Statistical collection templates Notes for completion Timeline for submission Amendment Notes 1 Jul 2021 MAS Notice 759 (Amendment) 2021 (434.4 KB) dated 11 Jun 2021 takes effect. 29 Jun 2020 MAS Notice 759
- MAS
- Parliamentary Replies
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- QUESTION NO 3062 NOTICE PAPER 1798 OF 2019 FOR ORAL ANSWER Date: For Parliament Sitting on 3 September 2019 Name and Constituency of Member of Parliament Mr Ang Wei Neng, MP, Jurong GRC Question: To ask the Prime Minister (a) what is the current adoption rate of PayNow and PayNow Corporate; (b) whether the adoption rate has met the Ministry's target; (c) what is the current adoption rate of QR code payment in Singapore, especially at hawker centres; and (d) what is the plan to further push the adoption
- MAS
- Media Releases
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New initiative helps payment firms easily access specialised legal services to meet compliance needs- Singapore, 6 September 2019… The Monetary Authority of Singapore (MAS) and the Singapore Academy of Law (SAL) have launched a new Payments Regulatory Evaluation Programme (PREP) to help connect the payments industry with legal service providers. Instead of relying on informal referrals, PREP provides payment firms with a streamlined process to gain access to lawyers specialising in payment services regulations to meet their compliance needs. For a start, seven local and international law firms in
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback on Proposed FNA Amendments Consultation (127.8 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Amendments to the Payment and Settlement Systems (Finality and Netting) Act (267.4 KB) RESPONSE TO FEEDBACK RECEIVED NOVEMBER 2017 Response to Feedback Received Proposed Amendments to the Payment and Settlement Systems (Finality and Netting) Act Monetary Authority Of Singapore 1 -------- RESPONSE TO FEEDBACK RECEIVED - PROPOSED