Showing 5563 Documents for "MAS"

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    • 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.
    • Meanwhile, MAS Core Inflation rose to 0.3% in January, from 0.1% in the previous month.
    • Accommoda tion Accommodation costs fell by 1.9%, as S&CC rebates were disbursed to households living in HDB flats in January.4 Dec-17 Jan-18 Source: MAS, MTI estimates * Categories below the dotted line are excluded from the MAS Core Inflation series.
    • MAS
    • Media Releases

    Last revised date:

    • About the Monetary Authority of Singapore As Singapore’s central bank, the Monetary Authority of Singapore (MAS) promotes sustained, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis.
    • Bangkok, Thailand, 26 September 2019… The Monetary Authority of Singapore (MAS) and the Office of Insurance Commission (OIC), Thailand, have today signed a Memorandum of Understanding (MOU) to strengthen cooperation in insurance supervision. 2     Dr.
    • Ong Chong Tee, Deputy Managing Director (Financial Supervision), MAS, said, “This MOU affirms the strong relationship between MAS and OIC, as well as our mutual interest to enhance insurance supervision and collaboration in both our jurisdictions.
    • MAS
    • Media Releases

    Last revised date:

    • About the Monetary Authority of Singapore The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator. 
    • The industry consortium led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) has released the report and source-codes on distributed ledger prototypes for inter-bank payments. 2   The report 1 :  ‘Re-imagining Interbank Real-Time Gross Settlement Systems Using
    • The successful development of three software prototypes models for decentralised inter-bank payment and settlements with liquidity savings mechanisms was announced on 5 October 2017 5 in a joint release by MAS and ABS. 5   MAS will further leverage the collective knowledge of the open-source community
    • MAS
    • Media Releases

    Last revised date:

    •  Singapore, 8 June 2010… The Monetary Authority of Singapore (MAS) has issued a monograph “Tenets of Effective Regulation” to communicate MAS’ approach to developing effective regulation. 2   Following the global financial crisis of 2008/09, the importance of regulation to a stable financial system
    • Rules will be clear and not subject to frequent disruptive change as well as consistently applied to like activities conducted across sectors. 5   Teo Swee Lian, Deputy Managing Director, MAS, said, “Success in achieving effective regulation requires more than MAS setting demanding standards of itself
    • Articulating this set of Tenets is a further step towards fostering shared understanding and ownership of our regulatory approach and objectives.” 6   The monograph on " Tenets of Effective Regulation (347.5 KB) " is available on MAS’ website. *** 1 MAS is a member of both the Financial Stability Board
    • MAS
    • Speeches

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    • INTRODUCTION 2   In 2012, the Monetary Authority of Singapore (“MAS”) launched the Financial Advisory Industry Review (“FAIR”). 
    • Currently, insurance brokers registered under the Insurance Act are allowed to provide financial advisory services upon notification to MAS. 
    • INSPECTION BY FOREIGN REGULATORY AUTHORITIES 15   The Bill will also empower MAS to approve inspections of financial advisers in Singapore by their foreign parent regulatory authorities. 
    • MAS
    • Circulars

    Last revised date:

    • Notices on Prevention of Money Laundering and Countering the Financing of Terrorism (MAS Notices) and Guidelines to the MAS Notices (MAS Guidelines).
    • MAS may request to review the independent assessment as part of our supervisory process. 7 MAS expects the Board and senior management of FIs to exercise effective oversight of the management of ML/TF risks and controls.
    • MAS considers MyInfo to be a reliable and independent source for the purposes of verifying the customers name, unique identification number, date of birth, nationality and residential address.2 Where MyInfo is used, MAS will not require FIs to obtain additional identification documents
    • MAS
    • Notices

    Last revised date:

    • Notice FAA-N06 last revised on 28 June 2021 (407 KB) . 30 Nov 2015 MAS Notice FAA-N06 (Amendment) 2015 (42.7 KB) takes effect. 25 May 2015 MAS Notice FAA-N06 dated 24 April 2015 (203.7 KB) takes effect and MAS Notice FAA-N06 dated 2 July 2007 is cancelled. 01 Jul 2014 MAS Notice FAA-N06 (Amendment) 2014
    • MAS Notice FAA-N06 dated 2 July 2007. (a) MAS Notice FAA-N06 (Amendment) 2009 dated 3 July 2009 with effect from 2 December 2009. (b) MAS Notice FAA-N06 (Amendment) 2013 with effect from 23 January 2013. (c) MAS Notice FAA-N06 (Amendment) 2014 with effect from 1 July 2014. 2.
    • MAS
    • Recent Economic Developments

    Last revised date:

    • In January 2022, MAS added slightly to the rate of appreciation of the policy band in an off-cycle move as cost pressures were accumulating rapidly. In April, MAS re-centred upwards the S$NEER policy band and further increased its rate of appreciation.
    • , Haver Analytics and EPG, MAS estimates Note: A smaller spider chart indicates tighter labour market conditions.
    • EPG, MAS estimates Note: The counterfactual series from April 2020 is computed using the 201019 average m-o-m % change.
    • MAS
    • Recent Economic Developments

    Last revised date:

    • In January 2022, MAS added slightly to the rate of appreciation of the policy band in an off-cycle move as cost pressures were accumulating rapidly. In April, MAS re-centred upwards the S$NEER policy band and further increased its rate of appreciation.
    • : CPF, Haver Analytics and EPG, MAS estimates Note: A smaller spider chart indicates tighter labour market conditions.
    • and EPG, MAS estimates Note: The counterfactual series from April 2020 is computed using the 201019 average m-o-m % change.
    • MAS
    • Speeches

    Last revised date:

    • We have a good team here at MAS. 2   MAS has played, and continues to play, a vital role in Singapore's development. Through its conduct of monetary policy, MAS has helped to ensure a sound macro-economic environment, so critical to our economic competitiveness, stability and success.
    • I am confident that together we can achieve our goals for MAS and Singapore.
    • Today, I would like to focus on the key strategic thrusts for MAS over the next five years. II.