Showing 4746 Documents for "recognised market operator"
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- Media Releases
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- Singapore, 16 May 2017… The Monetary Authority of Singapore (MAS) today announced the second edition of the Singapore FinTech Festival , to be held in Singapore from 13 to 17 November 2017. Organised in partnership with The Association of Banks in Singapore (ABS) and in collaboration with SingEx Holdings, the week-long Festival will build on the success of the inaugural Festival last November, which drew more than 13,000 participants from across 60 countries. The Global FinTech Hackcelerator, FinTech
- MAS
- Media Releases
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- Singapore, 13 January 2017…The National University of Singapore (NUS) and the Monetary Authority of Singapore (MAS) have jointly appointed American economist Professor Charles Engel, internationally recognised for his research on exchange rates, as the MAS Term Professor in Economics and Finance from 16 to 20 January 2017. Professor Engel will be hosted by the NUS Faculty of Arts and Social Sciences’ Department of Economics and the Economic Policy Group at the MAS during the term of the Professorship
- MAS
- Speeches
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- Systemic Risk and Challenges for Risk Management Prof Tan Eng Chye Prof Duan Jin-chuan Distinguished speakers, guests, ladies and gentlemen 1 Good morning and welcome! It gives me great pleasure to join you today at the Third Annual Risk Management Conference organised by the NUS Risk Management Institute. Introduction 2 For three years now, this conference has successfully brought together regulators, policy makers, risk managers and researchers to debate critical issues pertaining to risk
- MAS
- Notices
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- Requirements and standards in relation to disclosure, investment guidelines, borrowing limits and operational practices for investment-linked policies. This notice applies to all direct life and composite insurers who offer participating policies. It sets out: • mandatory requirements on notifications to MAS, valuation of units, audit of ILP sub-funds, disclosures, and other operational practices; and • non-mandatory standards on investment guidelines, borrowing limits, valuation errors and compensation
- MAS
- Speeches
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- The Prime Minister of Malaysia, His Excellency Dato’ Sri Najib Tun Razak The President of Comoros, His Excellency Ikililou Dhoinine The President of the Islamic Development Bank, His Excellency Ahmad Mohamed Ali Chairman of the World Islamic Economic Forum Foundation Tun Musa Hitam Ministers and distinguished guests Ladies and gentlemen Introduction 1 It is my pleasure to be here today and have the opportunity to share some thoughts. 2 Let me first congratulate the WIEF on the progress it has
- MAS
- Media Releases
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- Singapore, 18 April 2017... The Monetary Authority of Singapore (MAS) today released a public consultation to review the Policy Owners’ Protection Scheme (PPF Scheme), to ensure that the PPF Scheme remained relevant in the face of market developments. The PPF Scheme provides compensation to policy owners for all life insurance policies and certain general insurance policies 1 in the event of default of any licensed direct life or general insurer. 2 MAS proposes that a “personal” insurance policy
- MAS
- Media Releases
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- Singapore, 25 September 2019... Dr Zhou Xiaochuan, President, China Society for Finance and Banking and Former Governor, People’s Bank of China, spoke at the 10th MAS Lecture on 19 September 2019. Dr Zhou’s lecture topic was titled, “FinTech development and its interaction with policy making”. He discussed how China addressed the challenges and opportunities facing its financial sector as it became increasingly digitalised. Dr Zhou also addressed the key issues and challenges posed to monetary policy
- MAS
- Media Releases
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- JOINT MAS-MND-HDB PRESS RELEASE 1 Market interest rates have risen significantly. They are likely to increase further in future, which will affect borrowing costs for home purchases. To ensure prudent borrowing and avoid future difficulties in servicing home loans, the Government will tighten the maximum loan quantum limits for housing loans. a. First, we will assume higher interest rates when assessing borrowers’ repayment ability via the following two measures: i. For property loans granted
- MAS
- Media Releases
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- Singapore, 01 July 04...The Monetary Authority of Singapore (MAS) published today its response to comments it received from its public consultation on the regulation of traded endowment policies (TEPs) and traded life policies (TLPs). In its response MAS said that it agreed with proposals to apply separate rules to the distribution of TEPs and TLPs. The distribution of TEPs to retail investors will be allowed provided investors meet the minimum investment amount of $20,000. The distribution of
- MAS
- Letters to Editor
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- Dear Editor, We refer to recent forum letters discussing the impact of digitalisation on seniors. While some like Mr Jeffrey Law spoke about the benefits of technology (‘Seniors need to embrace technology to lead independent lives’, 10 Dec), we also empathise with seniors like Ms Chan Mei Mei (‘Stressed and left out by strong push towards e-payments’, Dec 30). We believe digitalisation can benefit everyone. It makes Government services more accessible, convenient, and safe. It has also served us