Showing 5563 Documents for "MAS"
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- Media Releases
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- Mr Ravi Menon, Managing Director, MAS, said: “This cooperation agreement underscores the commitment of ACPR, AMF and MAS to promoting innovation in financial services.
- Singapore, 27 March 2017…The Monetary Authority of Singapore (MAS) today signed cooperation agreements with the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) of France to enhance FinTech cooperation between both countries.
- Cooperation between our authorities will create significant synergies for the two markets and greater understanding enabling FinTech firms to extend their global reach and learn from their foreign counterparts”. *** About the Monetary Authority of Singapore As Singapore’s central bank, the Monetary Authority
- MAS
- Media Releases
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- The AIFCA supports the activities of the other AIFC Bodies and their organisations as well as the AIFC Participants and their employees and represents their interests to the extent of its competence. www.aifc.kz About the Monetary Authority of Singapore The Monetary Authority of Singapore (MAS) is Singapore
- Singapore, 13 November 2018… The Astana Financial Services Authority (AFSA), Astana International Financial Centre Authority (AIFCA) and the Monetary Authority of Singapore (MAS) have signed a tripartite Cooperation Agreement to boost FinTech ties between Singapore and Kazakhstan. 2 The Agreement provides
- the main activities of the AIFC and we are glad to expand our international cooperation by signing this memorandum with MAS.
- MAS
- Media Releases
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- To request for an application form or for more information, please contact fsdf@mas.gov.sg . *** About the Monetary Authority of Singapore The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator.
- 15 November 2017 … The Monetary Authority of Singapore (MAS) announced details of the new $27million Artificial Intelligence and Data Analytics (AIDA) Grant under the Financial Sector Technology and Innovation (FSTI) Scheme.
- Mr Ravi Menon, Managing Director of MAS, announced the launch of the grant at the Singapore FinTech Festival yesterday.
- MAS
- Parliamentary Replies
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- Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1.
- MAS has stated publicly that it regards this second disruption within a period of two months as unacceptable, and that DBS had fallen short of MAS’ expectation for banks to deliver reliable services to their customers. 3.
- MAS may vary the size of the additional capital requirement imposed on the bank and take other regulatory actions depending on the outcome of ongoing reviews. 6. MAS requires all retail banks in Singapore to ensure that their mission critical systems supporting digital banking are resilient.
- MAS
- Macroeconomic Reviews
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- Department of MAS.
- Chart 3.27 MAS Core Inflation is expected to pick up next year Chart 3.28 Accommodation will exert a drag on headline inflation MAS Core Inflation and CPI-All Items inflation projections Contributions to year-on-year inflation Source: DOS and EPG, MAS estimates Source: DOS and EPG, MAS
- ) SGS repos; (iii) clean borrowings; and (iv) MAS Bills.
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 13 March 2017…The Monetary Authority of Singapore (MAS) announced today that it has issued a 10-year Prohibition Order (PO) against Mr Tim Leissner, a former director of Goldman Sachs (Singapore) Pte (GS S’pore). 1 MAS has also served notice of its intention to issue POs against three individuals
- Conclusion Mr Ong Chong Tee, Deputy Managing Director (Financial Supervision), MAS, said, “MAS will not tolerate conduct by any finance professional that threatens to undermine trust and confidence in Singapore’s financial system.
- Given the gravity of their misconduct, MAS intends to issue lifetime POs against Mr Sturzenegger and Mr Yak, and a 15-year PO against Ms Seah.
- MAS
- Parliamentary Replies
Last revised date:
- As part of the Government’s response to COVID-19 pandemic, the Monetary Authority of Singapore (MAS) has been closely monitoring market developments and engaging the banks on a comprehensive range of relief measures for borrowers. 2.
- MAS does not intervene directly in housing loan pricing as interest rates are determined by the market. But MAS expects housing loan interest rates to be revised downwards in a fair manner where this is consistent with sustained trends in banks’ cost of funding for such loans. 3.
- Answer by Mr Ong Ye Kung, Minister for Education, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1.
- MAS
- Media Releases
Last revised date:
- Singapore, 13 March 2017…The Monetary Authority of Singapore (MAS) announced today that it has issued a 10-year Prohibition Order (PO) against Mr Tim Leissner, a former director of Goldman Sachs (Singapore) Pte (GS S’pore). 1 MAS has also served notice of its intention to issue POs against three individuals
- Conclusion Mr Ong Chong Tee, Deputy Managing Director (Financial Supervision), MAS, said, “MAS will not tolerate conduct by any finance professional that threatens to undermine trust and confidence in Singapore’s financial system.
- Given the gravity of their misconduct, MAS intends to issue lifetime POs against Mr Sturzenegger and Mr Yak, and a 15-year PO against Ms Seah.
- MAS
- Exemptions
Last revised date:
- The exemptions do not detract from MAS regulatory objectives specified in Section 81T of the SFA.
- MAS granted an exemption to two IDBs from holding a CMS licence for trading in futures contracts.
- The exemption was granted on the basis that it did not detract from MAS regulatory objectives specified in Section 47 of the SFA. MAS granted an exemption to an ACH and its immediate holding company, a AHC, from certain regulations under the SF(CG)R.
- MAS
- Speeches
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- MAS expects to complete the first phase by August and will consult extensively with the industry and the public on these issues. Conclusion 28 Three years ago, MAS embarked on a process to liberalise the banking sector.
- MAS considered these issues very carefully. 13 Depositors with banks in Singapore have always been secure in the knowledge that that our banking system is strong and well-supervised by the MAS, which has acquired a reputation over the years for being a strict regulator.
- MAS will also actively consult with banks on the design of a scheme that is cost-effective, equitable, and bolsters confidence in our banking system. 27 The first phase of MAS' deposit insurance study will make preliminary proposals on participating deposit-taking institutions, coverage limit, fund