Showing 5563 Documents for "MAS"
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- Circulars
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- This circular sets out good disclosure practices for actively managed funds, following a thematic review carried out by the Monetary Authority of Singapore (MAS) on equity funds offered to retail investors.
- However, these were often not disclosed in the fund factsheets and prospectuses that MAS reviewed as part of this thematic exercise.
- Authority of Singapore (MAS) on more than 100 equity funds with active management mandates offered by 19 fund management companies (FMCs) to retail investors.
- MAS
- Circulars
Last revised date:
- /regulation/guidelines/guidelines-to-mas-notice-vcc-n01-on-prevention-of-money-laundering-and-cft .
- This Circular sets out MAS’ key observations and supervisory expectations for effective AML/CFT frameworks and controls that VCCs and their appointed EFIs should note. VCCs should read this Circular in conjunction with the MAS Notice VCC-N01 [1] and Guidelines to Notice VCC-N01 [2].
- In particular, VCCs are required1 to appoint an eligible financial institution (EFI) that is regulated and supervised by MAS to conduct the necessary AML/CFT checks and perform measures. 2 MAS conducted an industry-wide survey of VCCs in 2021, and followed up with a series of thematic reviews
- MAS
- Media Releases
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- About the Monetary Authority of Singapore The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator.
- Organised by the Monetary Authority of Singapore (MAS) and Elevandi Elevandi is a not-for-profit entity set up by the MAS to connect people and businesses, ideas and insights in the FinTech sector in Singapore and globally. , the theme of SFF 2022 is ‘Building Resilient Business Models amid Volatility
- Visit www.fintechfestival.sg to register for SFF 2022 and receive updates. *** About the Singapore FinTech Festival The Singapore FinTech Festival (SFF) is organised by the Monetary Authority of Singapore (MAS) and Elevandi, in partnership with Constellar and in collaboration with The Association of
- MAS
- Notices
Last revised date:
- Amendment Notes 01 Jul 2022 MAS Notice 649, MAS Notice 649 Form 1 and MAS Notice 649 Form 2 dated 24 June 2022 take effect. 01 Jul 2022 MAS Notice 649 (623.9 KB) , MAS Notice 649 Form 1 (47.3 KB) and MAS Notice 649 Form 2 (887.9 KB) dated 28 November 2014 (last revised on 27 September 2021) are cancelled
- MAS Notice 649 (960.3 KB) , MAS Notice 649 Form 1 (47.3 KB) and MAS Notice 649 Form 2 (887.9 KB) effective 28 January 2020. 01 Oct 2019 MAS Notice 649 (Amendment) 2019 (1.11 MB) , MAS Notice 649 Form 1 (Amendment) 2019 (49 KB) and MAS Notice 649 Form 2 (Amendment) 2019 (901.2 KB) dated 07 August 2019
- MAS Notice 649 (722.9 KB) , MAS Notice 649 Form 1 (92.1 KB) and MAS Notice 649 Form 2 (301.2 KB) effective 30 September 2016. 01 Jan 2015 MAS Notice 649 dated 28 November 2014 takes effect.
- MAS
- Media Releases
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- The Monetary Authority of Singapore (MAS) announced today that the Payment Systems (Oversight) Act 2006 [PS(O)A] will take effect on 23 June 2006. The PS(O)A provides a comprehensive framework for MAS to oversee payment systems and stored value facilities (SVF) in Singapore.
- MAS had consulted the industry on these regulations and guidelines, and had incorporated the feedback received, where appropriate. Our responses to the consultations are published on the MAS website.
- Such SVFs do not require the approval of MAS. MAS may gather information from any SVF issuer at any time and impose disclosure requirements on market players to enable consumers to discern the risks relating to different SVFs.
- MAS
- Media Releases
Last revised date:
- The Monetary Authority of Singapore (MAS) announced today that it will extend the MAS SGD Facility for ESG Loans The launch of the MAS SGD Facility for ESG Loans was announced in MAS’ media release on 20 April 2020.
- Jacqueline Loh, MAS’ Deputy Managing Director (Markets and Development), said, “The MAS SGD Facility for ESG Loans complements MAS’ other liquidity facilities – the MAS SGD Term Facility and MAS USD Facility – which provide banks with greater certainty of access to central bank liquidity.
- MAS’ suite of liquidity facilities will continue to support banks and finance companies in providing credit to individuals and businesses in Singapore and the region, amid the economic headwinds from the COVID-19 pandemic.” ***
- MAS
- Speeches
Last revised date:
- Greater Scope for MAS to issue Written Directions 7 General or specific written directions are legally enforceable. Clause 19 amends section 58 to empower MAS to issue written directions to representatives of exempt financial advisers.
- The first phase has culminated in this Bill where MAS has proposed some technical modifications. The second phase, which involves more in-depth policy reviews, is scheduled to be completed in the second half of 2004. 4 MAS conducted a public consultation of the Bill in April 2003.
- MAS has received feedback from the industry that the requirement for a signature is administratively difficult. MAS has decided that the requirement can be removed without compromising investors' interest because financial advisers will remain accountable for their recommendations.
- MAS
- Parliamentary Replies
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- Answer by Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge of MAS: 1 MAS takes the issue raised by Ms Foo Mee Har seriously.
- As an additional safeguard, MAS requires a party independent of the sales process to perform sample checks on sales transactions. 3 MAS’ supervisory activities also cover insurers’ compliance with these requirements.
- MAS will also check that insurance premiums are not raised to recover costs incurred from such financial incentives, although we expect that competition in the market will reduce the risk of this happening. 5 But this should not be just about the powers that MAS has to supervise the industry.
- MAS
- Speeches
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- MAS plans to introduce in 2003, a regulatory framework for this specialized area of insurance.
- If an insurer is classified as being on the "Viability at Risk" step, it will probably be admitted to MAS' Intensive Care Unit. 25 However, MAS is not regulating for a no-failure regime. We encourage industry consolidation.
- CONCLUSION 43 MAS will continue to work together with the insurance industry to achieve international best practices and standards. Over the past two years, MAS has worked hard to build a closer partnership with the financial sector.
- MAS
- Consumer Price Developments
Last revised date:
- MAS Core Inflation The Monetary Authority of Singapore (MAS) monitors a core inflation measure that excludes the components of Accommodation and Private Road Transport.
- Sep18 Oct18 Source: MAS, MTI estimates * Categories below the dotted line are excluded from the MAS Core Inflation series.
- In comparison, MAS Core Inflation rose to 0.2%, from 0% in September.