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    • PDPC
    • Public Consultations

    Last revised date:

    • Title: PDPC’s Public Consultation on Managing Unsolicited Commercial Messages and the Provision of Guidance to Support Innovation in the Digital Economy Organisation: Tokio Marine Life Insurance Singapore Ltd. Contact Person: Donna Tan (Head, Business Compliance) / Jeremaine Yeo (Compliance Manager) S/N 1 Questions What are your views on the proposed scope and applicability of the DNC Provisions and the Spam Control Provisions? 2 What are your views on including commercial text
    • PDPC
    • Practical Guidance

    Last revised date:

    • Guidance on whether the Union may collect individuals’ NRIC numbers at the outset when they sign up for union membership, for the purpose of providing services to members that would require their NRIC numbers. Click here to find out more. PRACTICAL GUIDANCE TO QUERIES ON NRIC NUMBERS BY A UNION 1. A Union (the Union) has sought guidance from the Personal Data Protection Commission (the Commission) on the application of the Advisory Guidelines on the Personal Data Protection
    • PDPC
    • Public Consultations

    Last revised date:

    • RESPONSE TO CONSULTATION PAPER Consultation topic: Public Consultation for Approaches to Managing Personal Data in the Digital Economy Name1/Organisation: St. James’s Place International plc (Singapore Branch) 1if responding in a personal capacity Contact number clarifications: Email clarifications: address for any +65 6390 4736 for any Reagan.Koh@sjp.ie 1 -------- General comments: In view of global developments and technological advances, we
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $10,000 was imposed on North London Collegiate School (Singapore) for failing to put in place reasonable security arrangements to prevent the unauthorised access of its student applicants’ personal data residing in a website directory folder. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case No. DP-2107-B8562 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And North London Collegiate School (Singapore
    • MAS
    • Circulars

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    • Provides guidance regarding financial institutions' use of MyInfo as a verified source of identification information. Highlights considerations of using non-face to face verification measures. Circular No.: AMLD 01/2018 08 January 2018 The Chief Executive Officers of All Financial Institutions Dear Madam / Sir USE OF MYINFO AND CDD MEASURES FOR NON FACE-TO-FACE BUSINESS RELATIONS MAS supports the use of technology by financial institutions (FIs) to improve
    • MAS
    • Speeches

    Last revised date:

    • Mrs Josephine Teo, Minister for Manpower, members of the IBF Council, ladies and gentlemen, welcome to IBF. IBF will be turning 45 this year. It is hard to imagine the financial sector today without the IBF. Not all countries have the equivalent of an IBF. Fewer still have as strong a collaboration as we do here in IBF – among financial institutions and between financial institutions and the regulator. And all for a common cause that has been consistent for the last 45 years – to equip the professionals
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 20 April 2023… Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Monetary Authority of Singapore (MAS) Deputy Chairman, today announced the launch of MAS’ Finance for Net Zero (FiNZ) Action Plan at the opening of the Sustainable and Green Finance Institute of the National University of Singapore. 2. The FiNZ Action Plan sets out MAS’ strategies to mobilise financing to catalyse Asia’s net zero transition and decarbonisation activities in Singapore and the region. It
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 20 June 2022… The Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) announced today the launch of the 2022 Singapore FinTech Festival (SFF) Global FinTech Awards (the Awards). The Awards, supported by PwC Singapore, seek to recognise innovative FinTech solutions by FinTech companies, financial institutions, technology companies, as well as individuals and companies that have been instrumental in creating new growth opportunities, transforming FinTech industry
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 1383 NOTICE PAPER 1802 OF 2019 FOR WRITTEN ANSWER Date: For Parliament Sitting on 2 September 2019 Name and Constituency of Member of Parliament Mr Leon Perera, Non-Constituency Member of Parliament Question: To ask the Prime Minister in view of the findings in IMF's Financial Sector Assessment Programme for Singapore, what resources and preparation are being applied by the MAS division that supervises payment systems to manage the broad scope of supervisory duties that it undertakes.
    • MAS
    • Media Releases

    Last revised date:

    •  Singapore, 19 December 2006...The Monetary Authority of Singapore (MAS) announced today that MEPS+, the new MAS Electronic Payment System, was implemented successfully on 9 December 2006. MEPS+ is the new real-time gross and government securities settlement system that replaces MEPS, which began operation in 1998. 2   As a national interbank payment system, MEPS+ enables participants to make immediate settlement of funds and Singapore Government Securities (SGS) transactions. The system has been