Showing 4566 Documents for "economic issues"
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- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback: Policy Consultation on Amendments to the SFA and FAA (268.1 KB) Consultation Paper VIEW DOCUMENT Policy Consultation on Amendments to the SFA and FAA (183.5 KB) RESPONSE TO FEEDBACK RECEIVED - POLICY CONSULTATION ON AMENDMENTS TO THE SFA AND FAA On 25 September 2003, MAS issued a consultation paper on key changes that were being considered for the second phase of amendments to the Securities and Futures Act ("SFA") and the Financial Advisers Act ("FAA
- MAS
- Media Releases
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- 8 March 2017, Abu Dhabi, UAE, and Singapore…The Monetary Authority of Singapore (MAS) and Abu Dhabi Global Market (ADGM) today signed a Cooperation Agreement (CA) to foster closer cooperation on developments and initiatives that nurture FinTech entrepreneurship and support innovation in financial services in both Singapore and Abu Dhabi. This new partnership was the result of meaningful exchanges between the FinTech teams of MAS and the Financial Services Regulatory Authority (FSRA) of ADGM. MAS
- MAS
- Media Releases
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- Singapore, November 16, 2017—IFC, a member of the World Bank Group, the Monetary Authority of Singapore (MAS) and the ASEAN Bankers Association (ABA), today introduced, an industry FinTech sandbox for financial institutions and FinTech firms as part of the ASEAN Financial Innovation Network (AFIN), at the sidelines of the 2017 Singapore FinTech Festival . AFIN aims to support financial services innovation and inclusion in less developed markets within the ASEAN region and to provide a platform for
- MAS
- Speeches
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- 1 Good afternoon, ladies and gentlemen. 2 It is my pleasure to join you at this special occasion to officially launch the educational alliance between the Chartered Insurance Institute and the Singapore College of Insurance. Development of Singapore as an IFC 3 Singapore has done well to establish itself as an international financial centre. We now have more than 900 banks, insurance companies, securities dealers and fund managers operating in Singapore. Most of them are institutions of
- MAS
- Speeches
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- Launch Ceremony of the Singapore Exchange Beijing Representative Office Ladies and Gentlemen, Congratulatory Remarks 1 I am delighted to be here with you this evening to commemorate the opening of the Singapore Exchange Beijing Representative Office. First, I would like to take this opportunity to express my appreciation to the Chinese Government and the Chinese Securities Regulatory Commission for the generous support of the Singapore Exchange’s efforts in China. Establishment of the Singapore
- MAS
- Speeches
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- Mr Olivier Oger Dean, EDHEC Business School Professor Noel Amenc Director, EDHEC-Risk Institute Distinguished guests, ladies and gentlemen Introduction 1 Good morning. I am delighted to join you today at EDHEC Risk inaugural Days Asia Conference. With the large turnout of speakers and participants from different backgrounds and domain expertise, I am confident that we can look forward to a fruitful conference. Key observations from the crisis 2 The global financial crisis continues to cast
- MAS
- Speeches
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- Mr Peter Sands, Group Chief Executive Ladies & gentlemen 1 It is a real pleasure to be here with you for the official opening of StanChart’s Marina Bay Financial Centre (MBFC) office. 2 It is a significant event. StanChart, a bank with a large global footprint, now has at MBFC one of its largest offices worldwide. Its dealing room here at MBFC will also be the largest among all financial institutions in Asia. 3 StanChart’s move to MBFC is timely. Asian finance is now well into a new phase of
- MAS
- Monetary Policy Statements
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- 12 April 2013 INTRODUCTION In October 2012, MAS maintained the modest and gradual appreciation path of the S$NEER policy band, with no change to its slope, width, and the level at which it was centred. This policy stance was deemed appropriate for containing inflationary pressures amid the ongoing economic restructuring. Chart 1 S$ Nominal Effective Exchange Rate (S$NEER) 2 The S$NEER has continued to fluctuate in the upper half of the policy band over the last six months. The broad-based decline
- MAS
- Monetary Policy Statements
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- 12 October 2018 INTRODUCTION 1. In the April 2018 Monetary Policy Statement, MAS increased slightly the slope of the S$NEER policy band from the previous zero percent. There was no change to the width of the policy band or the level at which it was centred. This policy stance was assessed to be appropriate given that the Singapore economy was expected to remain on a steady expansion path, while MAS Core Inflation was projected to rise. Chart 1 S$ Nominal Effective Exchange Rate (S$NEER) 2. Apart
- MAS
- Enforcement Actions Media Releases
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- Singapore, 21 June 2023… The Monetary Authority of Singapore (MAS) has imposed composition penalties amounting to S$3.8 million in total on Citibank N.A., Singapore Branch (Citibank), DBS Bank Ltd (DBS), OCBC Singapore (OCBC) and Swiss Life (Singapore) Pte. Ltd. (SLSG) for breaches of MAS’ Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) requirements. All these financial institutions (FIs) have accepted the penalties. 2. The breaches were identified during MAS’ examinations