Showing 4218 Documents for "DPT service"

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    • MAS
    • Guidelines

    Last revised date:

    • Guidelines for merchant banks on Notice 1014 for the prevention of money laundering and countering the financing of terrorism. These guidelines apply to all merchant banks incorporated in Singapore. They provide guidance on the requirements in MAS Notice 1014 on Prevention of Money Laundering and Countering the Financing of Terrorism – Merchant Banks. These guidelines should be read in conjunction with the notice. The guidelines cover: Assessing and applying a risk-based approach. Board and senior
    • PDPC
    • Commission's Decisions

    Last revised date:

    • Cigna Europe Insurance Company S.A.-N.V. was found not to be in breach of the PDPA in relation to allegation that it had failed to make reasonable security arrangements to prevent the unauthorised disclosure of the personal data of its policy members. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case No DP-1806-B2241 [2019] SGPDPC 18 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Cigna Europe Insurance Company S.A
    • MAS
    • External Publications

    Last revised date:

    • Financial Action Task Force (FATF)'s guidance for implementing the risk-based approach for trust and company service providers The Financial Action Task Force (FATF) published in June 2019 a “Guidance for a Risk-Based Approach for Trust and Company Services Providers” (FATF Guidance). The FATF Guidance can be found at the FATF website: https://www.fatf-gafi.org/media/fatf/documents/reports/RBA-Trust-Company-Service-Providers.pdf . 2 The FATF Guidance supports the implementation of a risk-based
    • MAS
    • Recent Economic Developments

    Last revised date:

    • This is a quarterly brief which aims to provide a quick pictorial summary of recent economic developments in the Singapore economy. 17 September 2014 RECENT ECONOMIC DEVELOPMENTS IN SINGAPORE 5 March 2015 Real Sector Real GDP Growth, y-o-y % Real GDP Growth, q-o-q saar % Index of Industrial Production, y-o-y % Non-oil Domestic Exports, y-o-y % Labour Market and Prices Unemployment Rate, sa, % (Average) CPI-All Items Inflation, y-o-y % Wage Growth, y-o-y % Q1
    • MAS
    • Media Releases

    Last revised date:

    •  7 October 1999... The Monetary Authority of Singapore (MAS) today released its responses to the recommendations made by the Debt Capital Market Working Group (DCMWG) in June this year to further develop Singapore as a leading international hub for debt market activities. This includes a move to exempt banks from maintaining Minimum Cash Balance (MCB) and Minimum Liquid Assets (MLA) requirements on S$ funds received from non-bank customers via foreign currency swaps which have original maturities
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 24 May 2018… The Monetary Authority of Singapore (MAS) alerts the public to fraudulent emails impersonating MAS that attempt to get recipients to divulge their bank account IDs and passwords. Members of the public are advised not to click on the links in these emails or divulge any personal information including login IDs or passwords. These emails claim that banks in Singapore have come under attack by hackers. They contained a link to a fake MAS website. The recipients are then asked
    • MAS
    • Parliamentary Replies

    Last revised date:

    • QUESTION NO 3036 NOTICE PAPER 1215 OF 2022 FOR WRITTEN ANSWER Date: For Parliament Sitting on 5 July 2022 Name and Constituency of Member of Parliament Mr Saktiandi Supaat, MP, Bishan-Toa Payoh GRC Question: To ask the Prime Minister in light of rising property rental rates and interest rates (a) what are the available debt management assistance options to Singaporeans including those offered by Credit Counselling Singapore; (b) what are the current respective take-up rates of the various options
    • MAS
    • Letters to Editor

    Last revised date:

    • 29 July 2013 The Editor TODAY Voices Dear Editor Mr Lim Soon Heng asks “Isn’t car debt more risky than property debt?”, (TODAY Voices, 25 July 2013). MAS does not think so. First, property loans are much larger; they make up more than 70% of household debt.  Second, property loans are subject to the risk posed by an increase in interest rates. A majority of the property loans taken in recent years is on floating rate packages, unlike car loans which are on fixed rates.  When interest rates rise,
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback Received on Proposed Amendments to MAS Notice 1111 (523.5 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Amendments to MAS Notice 1111 on Risk Based Capital Adequacy Requirements for Merchant Banks Incorporated in Singapore (1.39 MB) RESPONSE TO FEEDBACK RECEIVED February 2019 Proposed Amendments to MAS Notice 1111 on Risk Based Capital Adequacy Requirements for Merchant Banks Incorporated in Singapore Monetary
    • MAS
    • Parliamentary Replies

    Last revised date:

    • QUESTION NO 285 NOTICE PAPER 186 OF 2020 FOR WRITTEN ANSWER Date: For Parliament Sitting on 5 January 2021 Name and Constituency of Member of Parliament Mr Don Wee, MP, Chua Chu Kang GRC Question: To ask the Prime Minister with regard to MAS’ announcement that PayNow will be collaborating with Thailand’s Promptpay, whether there will be confusion on the part of ASEAN overseas consumers in Singapore with using the QR codes of PayNow and NetsPay for cross-border payments. Answer by Mr Tharman Shanmugaratnam