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- MAS
- Letters to Editor
Last revised date:
Response to “Isn't just one 'standard' QR code system enough?” - The Straits Times, 23 November 2017- Dear Editor, We thank Mr Heah for his feedback on the QR code standard for Singapore. (“Isn't just one 'standard' QR code system enough?”, The Straits Times, 23 November 2017). SG QR is indeed the ‘one standard QR code system’ that Mr Heah envisages. It will be able to incorporate payment schemes of all current as well as future providers onto a single QR without needing to conform to each of their proprietary specifications. SG QR will also be able to accept QR payments from international visitors
- PDPC
- Public Consultations
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- Confidential and Without Prejudice Response to the Public Consultation for Approaches to Managing Personal Data in the Digital Economy (Submitted on 21 Sep 2017) 1. Questions 1 and 2 of consultation paper I am supportive of notification of purpose as a basis for collecting, using and disclosing personal data without consent. However, this should be subject to commercially appropriate forms/ channels of notification, and a risk-calibrated risk impact assessment by organisations
- PDPC
- Public Consultations
Last revised date:
- Submission on PDPC’s Public Consultation on Approaches to Managing Personal Data in the Digital Economy Company: Address: MSIG Insurance (Singapore) Pte. Ltd. 4 Shenton Way #21-01 SGX Centre 2 Singapore 068807 Contact Person: Ms Looi Pek Hong Tel: Email: 6827 2400 pekhong_looi@sg.msig-asia.com PDPC Consultation Sept 2017: Response from MSIG Insurance 1 -------- No Question from
- MAS
- Media Releases
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- Singapore, 3 August 2020…The Monetary Authority of Singapore (MAS) announced today that it will award Significantly Rooted Foreign Bank (SRFB) privileges to Standard Chartered Bank (Singapore) Limited (SCBSL), allowing it to operate additional places of business (POBs). SCBSL is the first bank to qualify as an SRFB. 2 MAS will also enhance the SRFB Framework so that in the future, an SRFB that substantially exceeds the criteria for significant rootedness in Singapore may be given additional privileges
- MAS
- Notices
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- Requirements for insurers when granting an unsecured non-card credit facility to an individual. This notice applies to all direct insurers in Singapore. It sets out the requirements a direct insurer has to comply with when granting an unsecured non-card credit facility to an individual. Amendment Notes 06 November 2020 Notice 118 (Amendment No.2) 2020 (238.6 KB) takes effect from 9 November 2020. 05 May 2020 Notice 118 (Amendment) 2020 (470.7 KB) takes effect from 6 May 2020. 30 May 2017 Notice 118
- MAS
- Consultations
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- This consultation sets out MAS' proposed requirements on financial institutions, and are aimed at improving controls and facilitating investigations into cases of market abuse. Consultation Paper VIEW DOCUMENT Consultation Paper on Requirements on Controls Against Market Abuse (620 KB) CONSULTATION PAPER P013-2019 August 2019 Requirements on Controls against Market Abuse Monetary Authority Of Singapore 1 -------- 2 3 4 5 6 Contents 1 Preface .....................................
- MAS
- Notices
Last revised date:
- Requirements for banks when granting an unsecured non-card credit facility to an individual. This notice applies to all banks in Singapore. It sets out the requirements a 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 14 May 2022 MAS Notice 635 (Amendment) 2022 (239 KB) dated 13 May 2022 takes effect. 09
- MAS
- Parliamentary Replies
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- Speech by DPM Lee Hsien Loong for the Second Reading of the Banking (Amendment) Bill 1998 On 29 Jun 1998 Question: Mr Speaker, Sir, I beg to move, "That the Bill be now read a Second time." 2. International financial markets have over the years become more interdependent, as a result of technological advancements, competition and the increased scale and sophistication of financial players. Disturbances in one market are transmitted rapidly to other markets, as the spread of the Asian financial crisis
- MAS
- Speeches
Last revised date:
- Ravi Menon Managing Director, Monetary Authority of Singapore, Welcome Address at Currency Conference 2011, Marina Bay Sands, Singapore 3 October 2011 Why cash is still king Distinguished guests, ladies and gentlemen, good morning and a warm welcome to Singapore and the 2011 Currency Conference. Singapore is honoured and delighted to host this flagship event. The late Mr John Shepherd-Barron, who pioneered in 1967 the development of the Automated Teller Machine, or ATM, said during a 2007 interview
- MAS
- Guidelines
Last revised date:
- How to apply for a trust business licence and pay fees. These guidelines set out the administrative procedures on how to apply for a trust business licence and pay fees. The Monetary Authority of Singapore TRUST COMPANIES ACT GUIDELINES ON LICENCE APPLICATION AND PAYMENT OF FEES 1 -------- Guideline No: TCA-G01 Issue Date: 22 December 2005 (Last revised on 7 October 2021) GUIDELINES ON LICENCE APPLICATION AND PAYMENT OF FEES ___________________________________________