Showing 4089 Documents for "payment services"

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    • MAS
    • Consultations

    Last revised date:

    • This consultation paper sets out the revised target fund sizes and levies for the PPF Life and PPF General Funds using data from insurance companies as at end 2009, as well as MAS' proposals on the disclosure requirements in relation to the PPF Scheme. Consultation Paper VIEW DOCUMENT Third Consultation Paper on Policy Owners' Protection Fund (238.9 KB) CONSULTATION PAPER P003 - 2011 May 2011 Third Consultation Paper on Policy Owners' Protection Fund -------- THIRD CONSULTATION PAPER
    • MAS
    • Media Releases

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    • Singapore, 11 November 2021 … The Monetary Authority of Singapore (MAS) today announced the results of the Global Central Bank Digital Currency Challenge (Global CBDC Challenge) at the FinTech Awards Ceremony of the Singapore FinTech Festival (SFF). The Global CBDC Challenge has helped to identify and develop retail CBDC solutions that increase payment efficiencies, improve financial inclusion and support the broader digitalisation drive in the economy. The Challenge was held in partnership with
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 11 November 2021 … The Monetary Authority of Singapore (MAS) today announced the results of the Global Central Bank Digital Currency Challenge (Global CBDC Challenge) at the FinTech Awards Ceremony of the Singapore FinTech Festival (SFF). The Global CBDC Challenge has helped to identify and develop retail CBDC solutions that increase payment efficiencies, improve financial inclusion and support the broader digitalisation drive in the economy. The Challenge was held in partnership with
    • MAS
    • Circulars

    Last revised date:

    • Informs financial institutions that cash rebates offered for housing loans are not permitted under MAS’ housing loan rules. Circular No. BD 14/2004 30 December 2004 Dear Sir/ Madam The Chief Executive Officers of All Banks/ Finance Companies/ Merchant Banks CASH REBATES OFFERED FOR HOUSING LOANS MAS is aware that financial institutions have been offering cash rebates to borrowers for housing loans. While cash rebates that were small relative to the
    • MAS
    • Media Releases

    Last revised date:

    • Agencies issue Request for Information for e-payment solutions in hawker centres, HDB coffee shops and shops Singapore, 25 August 2017 – The National Environment Agency (NEA), Housing & Development Board (HDB), Monetary Authority of Singapore (MAS) and Smart Nation and Digital Government Office (SNDGO) have jointly issued a Request for Information (RFI) for electronic payment (e-payment) solutions to support micro-payments mainly at hawker centres, HDB coffee shops, and shops in the heartlands. This
    • MAS
    • Media Releases

    Last revised date:

    •  Singapore, 16 April 2003. The Monetary Authority of Singapore (MAS) today released a Consultation Paper on the proposed Payment Systems Oversight Act and invites comments from the public. 2   Payment systems are critical to market and economic infrastructure, as they provide the means for transferring monetary values around the economy. Central banks around the world are closely involved in payment systems oversight, given their importance to financial stability, the successful implementation of
    • MAS
    • Speeches

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    • Ladies and gentlemen, good morning. And to all our foreign guests, welcome to Singapore. I am delighted that R3 is holding CordaDay 2019 in Singapore. We have representatives from almost a hundred of the world’s largest financial institutions and corporates gathered here today. I guess if it is a conference about blockchains, nobody wants to miss out. A Much Misunderstood Technology The blockchain is one of the most misunderstood technologies in recent times. The first misconception about the blockchain
    • MAS
    • Media Releases

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    • Singapore, 19 February 2014…  The Monetary Authority of Singapore (MAS) said today that security measures in place for payment cards 1 in Singapore were robust by international standards but card customers should nonetheless take the necessary precautions when using their cards.  MAS was responding to media queries about unauthorised online purchases made at a Taiwanese merchant, some of which were made using payment cards issued in Singapore. 2   MAS noted that there has been a rise in incidents
    • MAS
    • Notices

    Last revised date:

    • Requirements for the development and pricing of life insurance products and investment-linked policy sub-funds. This notice applies to all direct insurers licensed to carry on life business. It sets out: Requirements on management oversight, controls and policies and procedures on pricing and product development. Prohibited payout features. Requirements on procedure for approval of new products. Guidelines for notifying MAS of new products launched. Amendment Notes 19 Mar 2021 MAS 302 (Amendment)
    • MAS
    • Consultations

    Last revised date:

    • This consultation seeks views on the recommendations to increase deposit insurance (DI) coverage per depositor to S$100,000, and to improve the clarity and operational efficiency of the DI Scheme. Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Enhancements to the Deposit Insurance Scheme in Singapore (491.2 KB) Consultation Paper P005-2023 June 2023 Consultation Paper on Proposed Enhancements to the Deposit Insurance Scheme in Singapore -------- Contents 1. Preface