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    • MAS
    • Speeches

    Last revised date:

    • Mr Ravi Menon, Managing Director, Monetary Authority of Singapore (MAS) and Chairman, Institute of Banking & Finance (IBF) Distinguished guests, ladies and gentlemen 1.     Last week, at the Manpower Ministry’s Workplan Seminar, I had touched on the idea of career mobility because it matters to Singaporeans. 2.     When it comes to our careers: Most Singaporeans want the opportunity to learn, to grow and to be recognised. Few will want to stay in the same spot forever. Career Mobility At Any Age
    • MAS
    • Media Releases

    Last revised date:

    • 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
    • Notices

    Last revised date:

    • Requirements and best practices for insurers, insurance brokers, financial advisers and their representatives or broking staff on the disclosure and advisory process for accident and health insurance products. This notice applies to: Direct insurers and persons who act as an insurance agent for the insurers. Registered direct insurance brokers and their broking staff. Exempt direct insurance brokers and their broking staff. Licensed financial advisers and their representatives. Exempt financial advisers
    • MAS
    • Consultations

    Last revised date:

    • Proposals to review the REIT regulatory framework by enhancing the Property Fund Guidelines to strengthen oversight of REIT Managers and to improve corporate governance practices Response VIEW DOCUMENT Response to Feedback: Review of the Regulatory Regime Governing REITs (51.6 KB) Consultation Paper VIEW DOCUMENT Review of the Regulatory Regime Governing REITs (659 KB) Licensing Framework Introducing a Regulatory Framework for REIT Managers RESPONSE TO FEEDBACK RECEIVED REVIEW OF THE REGULATORY
    • MAS
    • Consultations

    Last revised date:

    • Response VIEW DOCUMENT Response to Consultation on Insurance Returns (881.2 KB) Appendices - Submission and Reporting Requirements (1.73 MB) Consultation Paper VIEW DOCUMENT Consultation on Review of Insurance Returns (1.94 MB) RESPONSE TO FEEDBACK RECEIVED June 2016 Review of Insurance Returns Monetary Authority Of Singapore 1 -------- RESPONSE TO FEEDBACK RECEIVED ON REVIEW OF INSURANCE RETURNS 28 JUNE 2016 Preface .. 3 Proposal 2: Reporting requirements - Information
    • MAS
    • Speeches

    Last revised date:

    • Dr Halim Alamsyah, Deputy Governor, Bank Indonesia Dr Roong Poshyananda Mallikamas, Director of Monetary Policy Group, Bank of Thailand Mr Samuel Tsien, Group Chief Executive Officer, OCBC Bank Ladies & Gentlemen Opening remarks 1   A very good morning to everyone. It is my pleasure to address you today.  I am delighted to see this strong turnout. The global financial crisis is still with us 2   The theme for this year’s forum is “ Winds of Change Affecting Asia ”.  This is indeed fitting given the
    • MAS
    • Speeches

    Last revised date:

    • Good morning and thank you for joining us today. GLOBAL ECONOMY The global economy is recovering from last year’s deep recession. The recovery is characterised by three key features: It has been a dual-speed recovery. The recovery is likely to gather momentum. But there are notable downside risks. First, the dual-speed recovery. The world’s two largest economies and Singapore’s two main trading partners – the US and China – are witnessing strong rebounds. According to consensus forecasts June 2021
    • MAS
    • Consultations

    Last revised date:

    • Response VIEW DOCUMENT Response to Feedback: Consultation on Amendments to the Monetary Authority of Singapore Act (137.7 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Amendments to the Monetary Authority of Singapore Act December 2012 (1.27 MB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION ON AMENDMENTS TO THE MONETARY AUTHORITY OF SINGAPORE ACT Institutions Introduction the Financial 1 1.1 In December 2012, the Monetary Authority of Singapore (MAS) issued
    • MAS
    • Notices

    Last revised date:

    • Requirements for banks on maintaining credit files, grading credit facilities and determining credit loss allowance. This notice applies to all banks in Singapore. It covers requirements for: Maintenance of credit files and the basic information required for objective credit assessment. Grading of credit facilities. Recognition of loss allowance for expected credit loss. The notice also sets out requirements specific to locally-incorporated domestic systemically important banks (D-SIBs) in Singapore
    • PDPC
    • Commission's Decisions

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    • PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 45 Case No DP-1809-B2711 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And SAFRA National Service Association … Organisation DECISION 1 -------- SAFRA National Service Association [2019] SGPDPC 45 Yeong Zee Kin, Deputy Commissioner — Case No DP-1809-B2711 16 December 2019 Facts of the Case 1 On 13 September 2018, the Personal Data Protection Commission