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    • PDPC
    • Public Consultations

    Last revised date:

    • RESPONSE TO CONSULTATION PAPER Consultation Topic PDPC’s Public Consultation on Approaches to Managing Personal Data in the Digital Economy Name/Organisation: Alex Luong Man-Sung / Grace Tan Peishan Great Eastern Life Assurance Co Ltd Great Eastern General Insurance Limited 6248 2796 / 6248 2529 AlexLuongM@greateasternlife.com GraceTanP@greateasternlife.com Contact number for any clarifications: Email address for any clarifications: -------- General Comments With reference
    • PDPC
    • Public Consultations

    Last revised date:

    • 4 June 2018 By Email: corporate@pdpc.gov.sg Attention: Personal Data Protection Commission, Singapore (“PDPC”) Dear Sirs, Public Consultation for Managing Unsolicited Commercial Messages and the Provision of Guidance to Support Innovation in the Digital Economy (Issued 27 April 2018) We refer to the subject matter. Please find in the Schedule to this letter the feedback on selected questions of Canon Singapore Pte. Ltd. for your consideration. Please contact
    • MAS
    • Consultations

    Last revised date:

    • This consultation sets out MAS’ proposals to consolidate the regulation of MBs under the Banking Act upon removal of the DBU-ACU divide. MAS also proposes to move MBs to a licensing regime from the current approval framework under the Monetary Authority of Singapore Act. 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 Regulating Merchant Banks under the Banking
    • MAS
    • Guidance

    Last revised date:

    • 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
    • Notices

    Last revised date:

    • Requirements for finance companies when granting an unsecured non-card credit facility to an individual. This notice applies to all finance companies in Singapore. It sets out the requirements a finance company has to comply with when granting an unsecured non-card credit facility to an individual. See explainers: Ongoing Credit Checks and Requirements Credit Limit Management Measure Granting Non-Card Unsecured Credit Facilities Amendment Notes 09 November 2020 MAS Notice 827 (Amendment No.2) 2020
    • MAS
    • Media Releases

    Last revised date:

    • Singapore/Philippines, 8 November 2021… The Monetary Authority of Singapore (MAS) and the Bangko Sentral ng Pilipinas (BSP) today signed an enhanced FinTech Cooperation Agreement (CA) to facilitate interoperable payments between Singapore and the Philippines. The enhanced CA builds on the earlier 2017 agreement to broaden the scope of FinTech collaboration and partnership between MAS and BSP. 2. The CA will facilitate the linkage of both countries’ real-time and QR payment systems, to provide instant
    • MAS
    • Media Releases

    Last revised date:

    • Singapore/Philippines, 8 November 2021… The Monetary Authority of Singapore (MAS) and the Bangko Sentral ng Pilipinas (BSP) today signed an enhanced FinTech Cooperation Agreement (CA) to facilitate interoperable payments between Singapore and the Philippines. The enhanced CA builds on the earlier 2017 agreement to broaden the scope of FinTech collaboration and partnership between MAS and BSP. 2. The CA will facilitate the linkage of both countries’ real-time and QR payment systems, to provide instant
    • PDPC
    • Commission's Decisions

    Last revised date:

    • Royal Caribbean Cruises (Asia) was found not in breach of the PDPA in relation to a coding error in a business software which resulted in emails containing personal data being sent to unintended recipients. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case No. DP-1804-B1931 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Royal Caribbean Cruises (Asia) Pte. Ltd. SUMMARY OF THE DECISION 1. On 5 April
    • MAS
    • Notices

    Last revised date:

    • Requirements for merchant banks when granting an unsecured non-card credit facility to an individual. This notice applies to all merchant banks in Singapore. It sets out the requirements a merchant bank has to comply with when granting an unsecured non-card credit facility to an individual. See explainers: Ongoing Credit Checks and Requirements Credit Limit Management Measure Granting Non-Card Unsecured Credit Facilities Amendment Notes 01 July 2021 MAS Notice 1109 dated 28 June 2021 takes effect
    • MAS
    • Macroeconomic Reviews

    Last revised date:

    • Contents, Preface and Highlights PDF () Monetary Policy Statement PDF () Chapter 1 Macroeconomic Developments Box A: Review of MAS Money Market Operations in FY2011/12 PDF () Chapter 2 Wage-Price Dynamics Box B:  Does Global or Regional Inflation Better Explain Inflation in Asia? PDF () Chapter 3 Outlook Box C: Japan's "Lost Decade" and a Comparison with the Crisis in the Eurozone PDF () Special Feature A: Deleveraging and Rebalancing in the Global Economy: A Medium-term Perspective PDF () Special