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- MAS
- Media Releases
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- Singapore, 22 June 2006... 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. The Act was passed in Parliament on 16 January 2006. 2 MAS will also be issuing regulations pursuant to the PS(O)A, and a set of guidelines on SVF. The regulations specify operational requirements
- MAS
- Speeches
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- 1 The Deputy Prime Minister and Chairman of the Monetary Authority of Singapore (“MAS”), Mr Tharman Shanmugaratnam, today moved the Payment Systems (Oversight) (Amendment) Bill 2012 (“Bill”) for first reading in Parliament. The Bill will be read a second time at the next available Parliamentary sitting. 2 The Bill introduces provisions in the Payment Systems (Oversight) Act (“PSOA”) that enhance MAS’ oversight over designated payment systems (“DPS”) and aligns it with international standards
- MAS
- Notices
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- Requirements for financial advisers and their representatives with respect to recommendations made on investment products. This notice applies to: Licensed financial advisers and their representatives. Exempt financial advisers and their representatives. Service companies and their representatives exempt under regulation 29 of the Financial Advisers Regulations. It sets out the standards to be maintained by financial advisers and representatives when making recommendations on investment products,
- MAS
- Forms and Templates
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- Form for the acceptance of offer of composition under section 50 of the Payment Systems (Oversight) Act. ACCEPTANCE OF OFFER OF COMPOSITION MADE BY THE MONETARY AUTHORITY OF SINGAPORE 1. I, _________ [Name and NRIC/Passport Number] [If made by an officer of a body corporate, a partner of a partnership, or an officer or a member of governing body of an unincorporated association, to state his position], acknowledge that the Monetary Authority of Singapore has by way of a letter dated _____
- MAS
- Consultations
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- Consultation Paper VIEW DOCUMENT Consultation Paper on Group Insurance Policies (74.5 KB) CONSULTATION PAPER P012 - 2010 August 2010 Group Insurance Policies -------- Consultation Paper on Group Insurance Policies August 2010 PREFACE 1 2 3 4 A group policy is generally understood as one in respect of which a single legal entity is named in the policy contract as the policy owner on behalf of the group members, who are named as
- MAS
- Notices
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- Requirements for life insurers to manufacture and offer direct purchase insurance (DPI). This notice applies to all direct life insurers, except those that are classified as life insurers with defined market segments in MAS' Financial Institution Directory . It sets out: When a life insurer should manufacture and offer a direct purchase insurance (DPI). The requirements for naming, pricing, re-pricing and the necessary product features. Amendment Notes 19 Mar 2021 Notice 321 (Amendments) 2021, takes
- MAS
- Notices
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- Notice issued under the Payment Services Act 2019 on regulated entities’ obligation to report suspicious activities and incidents of fraud. This Notice sets out requirements for all payment service providers to report any suspicious activity or incident of fraud that will affect their safety, soundness or reputation. It also includes a form for reporting. Amendment Notes There are no amendment notes for this notice. MAS Notice No.: PSN03 Notice to licensees, operators of designated payment
- PDPC
- Public Consultations
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- 1 April 2013 Chairman Personal Data Protection Commission Singapore Dear Sir, Symantec Submission to the Proposed Advisory Guidelines on Key Concepts in the Personal Data Protection Act By the Personal Data Protection Commission, Singapore Symantec is a global leader in providing security, storage and systems management solutions to help our customers – from consumers and small businesses to the largest global organizations – secure and manage their information and identities
- MAS
- Media Releases
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- Singapore, 1 August 2018 - Financial industry professionals can now seek skills upgrading, career advisory and job matching opportunities at the Institute of Banking and Finance’s (IBF) new career centre, IBF Careers Connect. Launched today by Minister for Education Ong Ye Kung, IBF Careers Connect will offer comprehensive support for finance professionals to acquire new skills and take on new jobs as businesses transform. Together with its existing functions such as administering licensing examinations
- MAS
- Speeches
Last revised date:
- Mr Chan Chun Sing, Minister for Trade and Industry, Members of the IBF Council, distinguished guests, ladies and gentlemen, Welcome to the IBF Distinction Evening 2018. We are delighted to have Mr Chan Chun Sing as our Guest-of-Honour. Minister Chan, as you know, has played a leading role in the labour movement, to help prepare our workers for the future. And now Minister for Trade and Industry, he is leading Singapore’s economic development efforts. He will bring together his insights from these