Showing 5563 Documents for "MAS"
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- MAS
- Consumer Price Developments
Last revised date:
- MAS Core Inflation The Monetary Authority of Singapore (MAS) monitors a core inflation measure that excludes the components of Accommodation and Private Road Transport.
- Taking these factors into account, MAS Core Inflation is expected to average 2-3% this year.
- Source: MAS, MTI estimates * Categories below the dotted line are excluded from the MAS Core Inflation series. Price Movements (m-o-m) for Selected CPI Sub-categories ^ The other travel & transport sub-group includes sea transport, air transport, etc.
- MAS
- Media Releases
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- Singapore, 23 December 2009 - The Monetary Authority of Singapore (MAS) announced today that it is reviewing two sets of measures to strengthen the protection of insurance policy owners.
- The second set of measures seeks to enhance MAS’ powers relating to the resolution of insurers in Singapore.
- Insurance Resolution 5 In conjunction with the review of the PPF schemes, MAS also intends to enhance our powers relating to the resolution of insurers. This will strengthen MAS’ ability to secure continuity in insurance coverage, particularly for life policies.
- MAS
- Media Releases
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- Wirecard entities in Singapore are not currently licensed by MAS.
- Singapore, 30 September 2020… The Monetary Authority of Singapore (MAS) announced today that it has directed Wirecard entities in Singapore (Wirecard SG) to cease their payment services in Singapore and to return all customers’ funds by 14 October 2020. 2 MAS has been monitoring the impact of Wirecard
- MAS has closely engaged Wirecard SG in recent months to safeguard the interest of Wirecard SG’s customers.
- MAS
- Media Releases
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- Singapore, 2 August 2017… The Monetary Authority of Singapore (MAS) announced today that it will establish a Payments Council, comprising 20 leaders from banks, payment service providers, businesses, and trade associations.
- Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Telephone: (65) 6225-5577 APPENDIX 1 COMPOSITION OF PAYMENTS COUNCIL Chairman Ravi Menon Managing Director, Monetary Authority of Singapore Banks Amol Gupte Head of ASEAN & Citi Country Officer, Singapore
- The setting up of the Payments Council is part of a series of initiatives MAS is taking towards realising the vision of an e-payments society in Singapore.
- MAS
- Media Releases
Last revised date:
- Singapore, 13 November 2019… The Monetary Authority of Singapore (MAS) announced today that it is working with financial industry partners to create a framework for financial institutions to promote the responsible adoption of Artificial Intelligence and Data Analytics (AIDA). 2 This framework, known
- MAS welcomes other interested organisations to participate in the consortium. 6 Dr David Hardoon, Special Advisor (Artificial Intelligence), MAS, said, “AI has the potential to transform financial services, but it must be used in a safe and responsible manner.
- Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Telephone: (65) 6225-5577 List of Veritas Consortium Members Annex 1) AXA 2) Bank of China 3) BNP Paribas 4) BNY Mellon 5) DBS Bank 6) EY 7) HSBC 8) Industrial and Commercial Bank
- MAS
- Recent Economic Developments
Last revised date:
- MAS also eased its monetary policy stance and ensured sufficient liquidity in financial system.
- Both MAS Core Inflation and CPIAll Items inflation are forecast to average between 1% and 0% in 2020. Timely and concerted policy responses from the government and MAS has helped to mitigate the economic impact of COVID-19 on businesses and households.
- MAS also provided financial institutions with temporary regulatory waivers to strengthen their willingness and ability to lend.
- MAS
- Recent Economic Developments
Last revised date:
- MAS also eased its monetary policy stance and ensured sufficient liquidity in financial system.
- Both MAS Core Inflation and CPIAll Items inflation are forecast to average between 1% and 0% in 2020. Timely and concerted policy responses from the government and MAS has helped to mitigate the economic impact of COVID-19 on businesses and households.
- MAS also provided financial institutions with temporary regulatory waivers to strengthen their willingness and ability to lend.
- MAS
- Media Releases
Last revised date:
- Launch of the Monetary Authority of Singapore (MAS)’ tech and innovation initiatives 8 MAS and its partner agencies made the following announcements to bring about new digital efficiencies and benefits to the financial sector: National Artificial Intelligence Programme in Finance - MAS and the National
- MAS FinTech Regulatory Sandbox framework, to further catalyse financial innovation and FinTech adoption; and Retail Central Bank Digital Currency (CBDC) paper - MAS released a paper outlining MAS’ preliminary assessment of the economic case for a retail CBDC in Singapore, and its potential implications
- Group launched the second phase of the Singapore Financial Data Exchange (SGFinDex), allowing individuals to now view information on their investment holdings at The Central Depository as part of their consolidated financial position; Sandbox Plus - MAS announced Sandbox Plus, an enhancement to the
- MAS
- FAQs
Last revised date:
- Monetary Authority of Singapore FINANCIAL ADVISERS ACT (CAP. 110) FREQUENTLY ASKED QUESTIONS ON MUTUAL RECOGNITION OF MAS AND THAI SEC PRODUCT KNOWLEDGE EXAMINATIONS Disclaimer: The FAQs are meant to provide guidance to the industry on MAS policy and administration of the
- [Updated on 26 Nov 2010] 11 Are there ongoing requirements imposed on Thai representatives by the MAS?
- Provides guidance on the mutual recognition of MAS and Thai SEC's product knowledge examinations in securities and collective investment schemes.
- MAS
- Media Releases
Last revised date:
- Launch of the Monetary Authority of Singapore (MAS)’ tech and innovation initiatives 8 MAS and its partner agencies made the following announcements to bring about new digital efficiencies and benefits to the financial sector: National Artificial Intelligence Programme in Finance - MAS and the National
- MAS FinTech Regulatory Sandbox framework, to further catalyse financial innovation and FinTech adoption; and Retail Central Bank Digital Currency (CBDC) paper - MAS released a paper outlining MAS’ preliminary assessment of the economic case for a retail CBDC in Singapore, and its potential implications
- Group launched the second phase of the Singapore Financial Data Exchange (SGFinDex), allowing individuals to now view information on their investment holdings at The Central Depository as part of their consolidated financial position; Sandbox Plus - MAS announced Sandbox Plus, an enhancement to the