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- Consultations
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- Response VIEW DOCUMENT Response to Feedback: Regulations for Authorised Reinsurers and Approved Insurers and Insurance Brokers (30.9 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Regulations for Authorised Reinsurers and Approved Insurers and Insurance Brokers (276.5 KB) Response to feedback on Regulations for Authorised Reinsurers Jan 2004 and Approved Insurers and Insurance Brokers RESPONSE TO FEEDBACK ON
- MAS
- Speeches
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- Mr Lim Chow Kiat and Members of the Board of Trustees, Wealth Management Institute, Ladies and gentlemen, 1. A very good morning. I am pleased to join you for the opening of the Wealth Management Institute’s new campus at One Marina Boulevard. a. It has been almost twenty years since the WMI was established in 2003. I am glad that Ms Ho Ching and Mr Ng Kok Song, who are instrumental to the founding of WMI, are here with us today. b. I also see many other familiar faces, who form part of the extended
- MAS
- Media Releases
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- Singapore, 18 September 2020... The Monetary Authority of Singapore (MAS) announced today that Ms Jacqueline Loh will be appointed Deputy Managing Director (Corporate Development), in addition to her current role as Deputy Managing Director (Markets & Development). 2 The current Deputy Managing Director (Corporate Development), Mr Chia Der Jiun, will leave MAS to take up appointment as Second Permanent Secretary at the Ministry of Manpower. The new appointments of Ms Loh and Mr Chia will take
- MAS
- Speeches
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- Address by Mr Koh Yong Guan, Managing Director, Monetary Authority of Singapore, at the ABS-MAS Joint Lunch Date: 18 Mar 1999 Introduction 1 Good Afternoon Ladies and Gentlemen. 2 I am very encouraged that the financial industry has taken the initiative to organise itself and arrange this international conference. Your agenda is an important one. The Year 2000 problem is a real, non-negotiable threat that transcends geographical, industry, and regulatory boundaries. Your resolve and commitment
- MAS
- Guidance
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- MAS conducted a thematic review on banks’ operational controls in their Payments and Electronic Funds Transfer operations. This guidance sets out the key findings and recommends how banks should implement effective controls to address the operational risks. Banks should incorporate learning points from the guidance in a risk-based and proportionate manner, giving proper regard to the profile of their business activities. Banks should remain vigilant to the evolving nature and impact of payment
- MAS
- Speeches
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- Mr Tang Liangzhi, Chongqing Mayor, Distinguished guests, ladies and gentlemen, good afternoon. Introduction 1 I am happy to join you today for the China (Chongqing)-Singapore Connectivity Initiative (CCI) Financial Summit. I am glad to see so many of our friends from ASEAN and provincial governments of Western China present here today. 2 I was just here in Chongqing two weeks ago for the 15 th Joint Council for Bilateral Cooperation, or JCBC, between China and Singapore. At the JCBC, we discussed
- MAS
- Guidelines
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- Guidelines for notified banks on recovery and resolution planning requirements under MAS Notice 654. These guidelines provide guidance to notified banks on recovery and resolution planning requirements in Notice 654 on Recovery Resolution Planning. They should be read in conjunction with Notice 654. The guidelines cover: Recovery plan Resolution plan Management information systems Operational continuity Monetary Authority of Singapore GUIDELINES TO MAS NOTICE 654 ON RECOVERY AND RESOLUTION
- MAS
- Speeches
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- "Challenges, Opportunities, Realities" Over the last 25 years, SIBOS has developed to become a major financial services event. More than just a showcase for new products, SIBOS is an important forum where thought leaders in the industry share their views on the global financial landscape and the implications for their businesses. 2 I would like to talk about the realities and challenges facing us today. I will then share what Singapore is doing to remake our economy. In particular, I will focus
- MAS
- Media Releases
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- Singapore, 3 April 2020… The Monetary Authority of Singapore (MAS) affirmed that financial services will remain open and available to all customers and counterparties in Singapore and globally. All financial markets in Singapore remain open, and payment services are unaffected. Financial services is one of the essential services exempted from the suspension of activities at workplace premises under the elevated safe distancing measures announced by the Ministry of Health (MOH) today. 2. All financial
- MAS
- Consultations
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- This consultation sets out MAS’ proposals to amend the Banking Act. These amendments are mainly aimed at strengthening the licensing and regulation of banks and credit card or charge card licensees, formalising existing supervisory requirements and clarifying other technical and administrative issues. Response VIEW DOCUMENT Response to Feedback Received on Proposed Amendments to the Banking Act and Regulating Merchant Bank (979.7 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed