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- PDPC
- Commission's Decisions
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- A financial penalty of $12,000 was imposed on Terra Systems for failing to put in place reasonable security arrangements to protect the personal data of individuals in its customer relationship management portal in Re Terra Systems Pte Ltd [2021] SGPDPC 7. An application for reconsideration was filed against the decision in Re Terra Systems Pte Ltd [2021] SGPCPC 7. Upon review and careful consideration of the application, the Commissioner had decided to affirm the finding of the breach of section
- MAS
- Consultations
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- This consultation sets out MAS’ proposed subsidiary legislation relating to the insolvency and winding up of a variable capital company (VCC) and its sub-funds. Response VIEW DOCUMENT 15 Jan 2020 Response to Feedback Received on the Proposed Framework for Variable Capital Companies Part 3 (432.5 KB) 13 Mar 2020 Response to Feedback Received on The Proposed Framework for Variable Capital Companies Parts 2 and 3 (874.3 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on the Proposed Framework
- MAS
- Notices
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- Requirements for insurers on computing the total debt servicing ratio (TDSR) for property loans. This notice applies to all direct insurers in Singapore. It sets out the formula and parameters for insurers to compute the total debt servicing ratio, monthly total debt obligations and gross monthly income of borrowers. The notice also spells out the limit on monthly repayment instalments for the purchase of HDB flats and executive condominiums. See explainers: Rules for New Housing Loans Mortgage Equity
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback: Proposed Regulatory Framework for Accident & Health Insurance Business (25.2 KB) Consultation Paper VIEW DOCUMENT Proposed Regulatory Framework for Accident & Health Insurance Business (266.8 KB) Response to Feedback on the Proposed Regulatory Framework for Accident & Health Insurance Business Jan 2004 1 BACKGROUND MAS published a consultation paper in October 2003 on the proposed regulatory framework for accident & health (A&H) insurance
- MAS
- Annual Reports
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- -------- Monetary Authority of Singapore -------- Published by Monetary Authority of Singapore Designed and produced by Lancer Design Pte Ltd Copyright © Monetary Authority of Singapore 2006 This annual report is copyright under the Monetary Authority of Singapore. No reproduction without permission. All rights reserved. Monetary Authority of Singapore 10 Shenton Way, MAS Building, Singapore 079117 www.mas.gov.sg -------- Monetary Authority of Singapore Annual Report 2005/2006 -------- OUR MISSION
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback Received on Consultation Paper on Second Deposit Insurance (83.9 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Second Deposit Insurance (153.5 KB) RESPONSE TO FEEDBACK RECEIVED - SECOND CONSULTATION ON DEPOSIT INSURANCE On 23 April 2004, MAS released the second consultation paper on the establishment of a deposit insurance ("DI") scheme in Singapore. The first consultation paper, issued in August 2002, discussed key features of the scheme
- MAS
- Speeches
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- Date: 23 Jul 2002 Mr. Speaker, Sir, I beg to move, "That the Bill be now read a second time". 2 Sir, the Bills of Exchange Act provides the legal framework of bills of exchange, cheques and promissory notes. It was last amended in April 1998. 3 This Bill seeks to amend the Act for the purpose of establishing a Cheque Truncation System, or CTS in short. 4 Sir, I shall begin by giving an overview and benefits of CTS. Overview of Cheque Truncation System (CTS) 5 Singaporeans have written
- MAS
- Notices
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- Requirements for insurers on the maintenance of insurance funds. This notice applies to all licensed insurers. It sets out requirements on: The management of insurance funds. Policy Owners' Protection Fund (PPF) levy. Switching of assets between insurance funds. Amendment Notes 05 Mar 2020 MAS 101 (Amendment) 2020 (356.5 KB) 28 Aug 2004 MAS Notice 101 dated 28 August 2004 (11.1 KB) [cancelled with effect from 21 Oct 2011 ] Notice No Issue Date : : MAS 101 (Amendment) 2020 5 March 2020
- PDPC
- Public Consultations
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- Via email: pdpc_consultation@pdpc.gov.sg April 1, 2013 Personal Data Protection Commission Singapore Re: Consultation Paper: Proposed Advisory Guidelines on Key Concepts and Selected Topics Proposed Regulations on Data Protection in Singapore Dear Sirs: 1. MasterCard Worldwide (“MasterCard”)1 welcomes the opportunity to provide its comments to the Personal Data Protection Commission (the “Commission”) on the Advisory Guidelines on Key Concepts in the PDPA (“Key
- MAS
- Notices
Last revised date:
- Risk based capital adequacy requirements for financial holding companies that have a subsidiary that is a bank incorporated in Singapore and are predominantly banking designated financial holding companies (predominantly banking DFHCs). This notice applies to all financial holding companies that have a subsidiary that is a bank incorporated in Singapore and are predominantly banking DFHCs (referred to in this Notice as an "FHC"). It sets out how Notice 637 on Risk Based Capital Adequacy Requirements