Showing 2492 Documents for "DPT"
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- Notices
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- Notice to exempt payment service providers on the application of anti-money laundering (AML) and countering the financing of terrorism (CFT) requirements to the provision of payment services for specified products This Notice sets out the application of AML/CFT Notices to persons exempt under section 13(1) of the Payment Services Act 2019 (Act 2 of 2019) in relation to the provision of payment services for a specified product that involves account issuance, domestic money transfer and e-money issuance
- MAS
- Media Releases
Last revised date:
- Singapore, 30 June 2020…The Monetary Authority of Singapore (MAS) said today that Wirecard entities in Singapore (“Wirecard”) have complied with MAS’ directions to hold customers’ funds in segregated accounts with banks in Singapore. MAS is closely monitoring the operations of Wirecard. 2 Wirecard’s primary business activities in Singapore are to process payments for merchants and help companies issue pre-paid cards. Wirecard has informed MAS that it is assessing its ability to continue providing
- MAS
- Economic Essays
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- This study was published as Special Feature A in the April 2012 Macroeconomic Review. 68 Macroeconomic Review, April 2012 to conclude Special Feature A Wages and Export Prices in China: Implications for Global Inflation Introduction Following double-digit global inflation during the 1990s, the world economy experienced a sustained stretch of relatively mild price increases in the decade that followed. One of the factors thought to have driven this moderation
- MAS
- Media Releases
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- Singapore, 13 February 2018… The Monetary Authority of Singapore (MAS) today launched a public consultation on proposed guidelines to protect users of electronic payments (“e-payments”). The proposed E-payments User Protection Guidelines aim to encourage wider adoption of e-payments by setting standards on the responsibilities of financial institutions 1 and e-payment users 2 . 2. Under the new Guidelines, individuals and micro-enterprises 3 who hold e-payment accounts can expect financial institutions
- MAS
- Media Releases
Last revised date:
- Singapore, 5 October 2020… The Monetary Authority of Singapore (MAS), together with the Association of Banks in Singapore (ABS) and the Finance Houses Association of Singapore (FHAS), today announced an extension of support measures to help individuals and Small and Medium-sized Enterprises (SMEs) facing cashflow difficulties transition gradually to full loan repayments. These extended measures will progressively expire over 2021. 2 Since April this year, banks and finance companies have been
- MAS
- Guidelines
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- Guidelines on procedures to apply for a Capital Markets Services or Financial Advisory licence, appoint representatives and pay fees. These guidelines apply to: a) Persons applying for a capital markets services’ (CMS) licence. b) Person applying for a financial adviser’s (FA) licence. c) Capital markets services licensee. d) Licensed financial advisers. e) Appointed, provisional or temporary representatives. They set out the administrative procedures in respect of applications for (i) CMS or FA
- MAS
- Notices
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- Requirements for banks to submit quarterly statistical returns to MAS for their unsecured non-card credit facility portfolio. This notice applies to all banks in Singapore. It requires banks to submit statistical returns for their unsecured non-card credit facility portfolio to MAS each quarter. The notice includes: Statistics collection templates Notes for completion Timeline for submission Amendment Notes 1 Jul 2021 MAS Notice 760 (Amendment) 2021 (317.2 KB) dated 11 Jun 2021 takes effect. 01 Jun
- MAS
- Media Releases
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- Singapore, 31 March 2020... The Monetary Authority of Singapore (MAS), together with the Association of Banks in Singapore (ABS), the Life Insurance Association (LIA), the General Insurance Association (GIA), and the Finance Houses Association of Singapore (FHAS), today announced a package of measures to help ease the financial strain on individuals and SMEs caused by the COVID-19 pandemic. The package of financial measures complements the initiatives in the Government’s Unity Budget and Resilience
- MAS
- Media Releases
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- Singapore, 22 October 2018… The Monetary Authority of Singapore (MAS) announced today that 380 participating investors who enrolled for the Singapore FinTech Festival’s deal-making platform, MATCH, have indicated intentions to invest up to a total of US$6.2 billion in ASEAN enterprises next year, and an additional US$6 billion earmarked over the subsequent two years. 2 A new component in this year’s Festival, MATCH (Meet ASEAN’s Talents and Champions) is a platform that curates and matches promising
- MAS
- Parliamentary Replies
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- QUESTION NO. 1137 NOTICE PAPER 644 OF 2017 FOR ORAL ANSWER Date: For Parliament Sitting on 8 May 2017 Name and Constituency of Member of Parliament Mr Melvin Yong Yik Chye, MP, Tanjong Pagar GRC Question: To ask the Prime Minister whether there are plans to encourage the use of financial technology (fintech) in our financial institutions given that 73% of traditional financial institutions in Singapore believe they are at risk of losing business to fintech. Answer by Mr Ong Ye Kung, Minister for