Showing 4566 Documents for "economic issues"
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- MAS
- Speeches
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- Minister for National Development Mr Desmond Lee, ladies and gentleman, good afternoon. Let me start with the big picture. To limit global warming to 1.5 ° C, global annual greenhouse gas emissions need to be halved by 2030 and reduced to net-zero by 2050. Yet, the trajectory of carbon emissions is still on a steady uptrend. Just on energy needs alone, demand in Asia is projected to double in 2030. Economic development will drive demand for fossil fuels, which is still the cheapest way to generate
- MAS
- Guidance
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- Sets out MAS’ supervisory expectations of financial institutions’ ("FIs") controls to address the misuse of legal persons risks and typologies observed. MAS conducted a series of thematic AML/CFT inspections targeted at assessing the effectiveness of banks’ controls in mitigating risks from the misuse of legal persons. This guidance paper summarises the key findings from the inspections, and sets out MAS’ supervisory expectations of sound practices, for effective AML/CFT frameworks and controls to
- MAS
- Consultations
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- Proposed legislative amendments to: (a) introduce certain licensing exemptions, and business conduct requirements for dealing in OTC derivatives contracts, and to enhance requirements on protection of customers’ moneys and assets; and (b) the Securities and Futures (Offers of Investments) (Shares & Debentures) Regulations 2005 for purposes of implementing changes to Part XIII of the Securities and Futures Act. Response VIEW DOCUMENT Consultation Response Draft Regulations Pursuant to SFA II (1.09
- MAS
- Consumer Price Developments
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- This November 2021 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry. 1 Consumer Price Developments in November 2021 a\sys Summary MAS Core Inflation edged up to 1.6% on a year-on-year (y-o-y) basis in November, from 1.5% in October. o This primarily reflected an increase in services inflation. CPI-All Items inflation rose to 3.8% y-o-y in November, from 3.2% in October. o The uptick
- PDPC
- Public Consultations
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- HUNTON & WILLIAMS LLP I I l \l TON BEIJING REPRESENTATIVE OFFICE 517-520 SOUTH OFFICE TOWER BEIJING KERRY CENTRE N0 1 GUANGHUA ROAD CIIAOYANG DISTRICT '1;[+1MPM?Illlvfn??iltltgt{Watt BEIJING, PRC 100020 TEL 86-10- 5863'7500 FAX E6-IO- 5863-759I September 21, 2017 To: Singapore Personal Data Protection Commission (the PDPC), at corporate@pdpc.gov,sg Re: PDPCs Public Consultation on Approaches to Managing Personal Data in the Digital Economy Ladies and Gentlemen, My name is Manuel Maisog and I am
- MAS
- Media Releases
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- Beijing/Singapore, 23 July 2010…The People’s Bank of China (PBC) and the Monetary Authority of Singapore (MAS) today announced the establishment of a bilateral currency swap arrangement for the purpose of promoting bilateral trade and direct investment for economic development of the two countries. The announcement was made at the 7th Joint Council for Bilateral Cooperation (JCBC) Meeting between China and Singapore held in Beijing. The bilateral currency swap arrangement is a key pillar of co-operation
- SSO
- Subsidiary Legislation
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- Recipients holding specified certifications 10A. —(1) For the purposes of regulation 9(1)( b ), a recipient of an individual’s personal data in a country or territory outside Singapore is taken to be bound by legally enforceable obligations to provide a standard of protection for the transferred personal data that is at least comparable to the protection under the Act if the recipient holds a specified certification that is granted or recognised under the law of that country or territory to which
- MAS
- Media Releases
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- Singapore, 5 February 2020… In response to media queries, the Monetary Authority of Singapore (MAS) said that its monetary policy stance remains unchanged. However, there is sufficient room within the policy band to accommodate an easing of the Singapore Dollar Nominal Effective Exchange Rate (S$NEER) in line with the weakening of economic conditions as a result of the outbreak of the 2019 novel coronavirus (2019-nCoV) in China and other countries, including Singapore. 2 In October 2019, MAS reduced
- MAS
- Media Releases
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- Singapore, 18 September 2006...Senior Minister Goh Chok Tong addressed a gathering of finance ministers, central bank governors and senior bankers at a lunch hosted by the Monetary Authority of Singapore. The lunch followed the International Banking Seminar organised by the Group of Thirty in the morning. 2 Mr Goh spoke on the topic of "Sharing Some Perspectives on Growth". In his speech, Mr Goh shared his thoughts on the pre-requisite conditions for achieving sustained economic growth. The
- MAS
- Media Releases
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- Singapore, 2 April 2004...On 7 April 2004, Singapore will host the 8th ASEAN Finance Ministers Meeting. The Finance Ministers and their deputies from the ASEAN countries meet annually to discuss the latest economic developments and outlook for the region. This is the first time that Singapore is hosting this event since the Finance Ministers Meeting started in 1997. The Meeting in Singapore will include discussions on the progress of the various ASEAN Finance initiatives. In particular, the Finance