Showing 4089 Documents for "payment services"
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- MAS
- Staff Papers
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- MAS Staff Paper No. 42, December 2005 - By Kit Wei Zheng, Ong Jia Wern, Kevin Kwan Tai You Abstract China's ascendancy in manufacturing has altered the regional production landscape. China has become a major competitor to the East Asian 7 (EA-7) economies of Korea, Taiwan, Singapore, Malaysia, Indonesia, the Philippines and Thailand, both for inward FDI to the region and exports to the G3. China has become a major competitor in not just exports of consumer goods, but increasingly in low and mid-range
- PDPC
- Help & Resources
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- The PDPC had received enquiries from individuals about merchants swiping the magnetic stripes of the payment cards after payment had been processed through the use of the embedded microchips on the cards. The act of accessing personal data stored in a payment card, through any microchip, magnetic stripe reader or any other means, constitutes collection of the personal data under the PDPA, even if the personal data is retained only temporarily by the merchant. Merchants will have to ensure that the
- MAS
- Consultations
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- This consultation seeks views on proposals to enhance pre and post-transaction safeguards for retail clients. Consultation Paper VIEW DOCUMENT Consultation Paper on Enhancing Pre and Post-Transaction Safeguards for Retail Clients (323 KB) This consultation seeks views on proposals to enhance pre and post-transaction safeguards for retail clients. CONSULTATION PAPER P007-2021 June 2021 Enhancing pre and post- transaction safeguards for retail clients Monetary Authority Of Singapore
- MAS
- Financial Stability Reviews
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- The Monetary Authority of Singapore (MAS) conducts regular assessment of risks and vulnerabilities arising from developments in Singapore and the global economy, and assesses their implications on the soundness and stability of Singapore’s financial system. The analysis and results are contained in the Financial Stability Review (FSR), which aims to contribute to a greater understanding among market participants, analysts and the public on issues affecting Singapore's financial system. -------
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback: Draft Deposit Insurance Agency Rules (100.3 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Draft Deposit Insurance Agency Rules (164.1 KB) RESPONSE TO FEEDBACK RECEIVED - CONSULTATION ON DRAFT DEPOSIT INSURANCE AGENCY RULES On 27 December 2005, MAS released a consultation paper inviting comments on the draft Deposit Insurance Agency Rules. The consultation period closed on 27 January 2006. MAS thanks all respondents for
- MAS
- Media Releases
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- Bali, 14 November 2022… Bank Indonesia (BI), Bank Negara Malaysia (BNM), Bangko Sentral ng Pilipinas (BSP), Monetary Authority of Singapore (MAS), and Bank of Thailand (BOT) have agreed to strengthen and enhance cooperation on payment connectivity to support faster, cheaper, more transparent, and more inclusive cross-border payments. A Memorandum of Understanding (MOU) on Cooperation in Regional Payment Connectivity (RPC) was signed on 14 November 2022 in Bali, Indonesia, on the sidelines of the
- MAS
- Speeches
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- 1 Mdm Speaker, I beg to move, "That the Bill be now read a second time". 2 The Payment Systems (Oversight) Act (PSOA) was first introduced in June 2006 for the oversight of payment systems and stored value facilities (SVFs) in Singapore. It provides the industry with regulatory clarity via a consistent and transparent framework. The PSOA also allows MAS to adopt a risk-focused approach to designate particular payment systems which are important for Singapore’s financial stability or public
- PDPC
- Commission's Decisions
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- DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1509-A533 AIA Singapore Private Limited (U.E.N. 201106386R) Decision Citation: [2016] SGPDPC 10 ... Respondent GROUNDS OF DECISION 22 June 2016 A. BACKGROUND 1. On 18 September 2015, the Personal Data Protection Commission (“Commission”) received a complaint from [Redacted] (“Complainant”), alleging that the Respondent had made an unauthorised disclosure of his personal data
- PDPC
- Commission's Decisions
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- A warning was issued to AIA Singapore for failing to ensure that its disclosure of personal data belonging to an insurance policy holder to a third-party was for a reasonable purpose. Click here to find out more. DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1509-A533 AIA Singapore Private Limited (U.E.N. 201106386R) Decision Citation: [2016] SGPDPC 10 ... Respondent GROUNDS OF DECISION 22 June 2016 A. BACKGROUND 1. On 18 September 2015, the
- MAS
- FAQs
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- Provides guidance to financial advisers on how to apply the spreading and capping of commission rules. Frequently Asked Questions (FAQs) on the Spreading and Capping of Commission (SCC) Rules under the Financial Advisers (Remuneration) (Amendment) Regulations 2017 and the Insurance (Remuneration) (Amendment) Regulations 2017 (Issued on 19 April 2017) Disclaimer: The FAQs are meant to provide guidance to the industry on MAS policy and administration of the SCC rules set out under