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- MAS has asked the trustee to work towards providing noteholders with an update on whether restructuring is still a viable option by the end of the month at the latest. 7 Heng Swee Keat, Managing Director, MAS, said "MAS has been in close consultation with the trustee and receivers.
- MAS’ Views 6 MAS understands that noteholders are anxious to know what they should do and what to expect next. At the moment, there is no action required on their part. MAS and the trustee will continue to keep noteholders updated on all developments including any options for them to consider.
- that best serve their interests, MAS has appointed Deloitte & Touche Corporate Finance Pte Ltd (DTCF) as an independent financial adviser on the Lehman Minibond notes programme.
- MAS
- Parliamentary Replies
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- Mr Desmond Choo asked how many diploma students MAS seeks to place in apprenticeships under the Polytechnic Talent for Finance Scheme and if MAS would expand the scheme to the Institute of Technical Education.
- Answer by Mr Alvin Tan, Minister of State, Ministry of Trade and Industry and Ministry of Culture, Community and Youth, and Board member of MAS, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1.
- Date: For Parliament Sitting on 10 May 2023 Questions: Mr Desmond Choo, MP, Tampines GRC: To ask the Prime Minister (a) how many diploma students does MAS seek to place in apprenticeship under the Polytechnic Talent for Finance Scheme; and (b) whether MAS will also seek to expand such schemes to the
- MAS
- Media Releases
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- New MAS Chairman and Deputy Chairman Singapore, 20 Aug 2004...Senior Minister Goh Chok Tong has been officially appointed as Chairman of the Monetary Authority of Singapore (MAS) with effect from today, for a period of two years.
- Mr Goh is MAS' fifth chairman since the establishment of MAS in 1971. He replaces Prime Minister Lee Hsien Loong (then Deputy Prime Minister) who had served as MAS Chairman since January 1998. 2 Concurrently, Education Minister Tharman Shanmugaratnam has been appointed as Deputy Chairman.
- He has been a member of the MAS Board of Directors since 2001. 3 MAS also announced the appointment of Mr Heng Swee Keat, Permanent Secretary of the Ministry of the Trade and Industry, to its Board of Directors.
- MAS
- Media Releases
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- Singapore, 12 March 2004...The Monetary Authority of Singapore (MAS) today released a consultation paper on the guidelines on outsourcing.
- The consultation paper is posted on the MAS website > Publications > MAS Consultation Papers > Consultation Paper on Outsourcing (115.8 KB) . Interested parties may email their comments to outsource@mas.gov.sg . All feedback must be submitted by 12 April 2004.
- The release of the guidelines reflects MAS' continuing efforts to introduce sound risk management principles and practices for financial institutions. In assessing the quality of an institution's risk management systems, MAS will consider the extent to which the institution applies the guidelines.
- MAS
- Media Releases
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- Joint Press Release by the Monetary Authority of Singapore and National University of Singapore SINGAPORE, 16 July 2009...The Monetary Authority of Singapore (MAS) has established a professorship in economics and finance at the National University of Singapore (NUS) with an annual gift for the next
- , Deputy Managing Director, MAS, said MAS is committed to encouraging relevant research into economic and finance issues at universities as a way of contributing to the policy making process and meeting the needs of industry. 4 "We are pleased to partner NUS in this pioneer endeavour to establish a
- MAS’ generous act will enable the University to work with world renowned scholars who will help take teaching and research in finance and economics at NUS to even greater heights," said Prof Tan. 7 "Furthermore, the gift will create more opportunities for collaboration between NUS and MAS, ensuring
- MAS
- Media Releases
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- The Monetary Authority of Singapore (MAS) announced that Deputy Prime Minister and Minister for Finance, Mr Tharman Shanmugaratnam has been re-appointed as Chairman of the MAS Board of Directors for a further term of three years, with effect from 1 June 2015. 2 Mr Ravi Menon, Managing Director of MAS
- and Information, and Mr Quek See Tiat, Chairman of the Building and Construction Authority, have also been re-appointed as members of the MAS Board of Directors for a further term of three years, with effect from 1 June 2015. 4 The members of the MAS Board of Directors are listed in the Annex. ***
- , has been re-appointed both as Managing Director of MAS and as member of the MAS Board of Directors for a further term of two years, with effect from 1 June 2015. 3 Mr Heng Swee Keat, Minister for Education, Mr Lawrence Wong, Minister for Culture, Community and Youth and Second Minister for Communications
- MAS
- Speeches
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- MAS is committed to engaging all stakeholders in further consultations and impact studies.
- MAS will only roll out RBC2 after having done a proper calibration and thorough assessment to ensure that it is “fit for purpose”.
- This is also evident from the results of the annual industry-wide stress tests, and from the RBC2 Quantitative Impact Study that MAS conducted.
- MAS
- Media Releases
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- The completed questionnaire should reach MAS by 1 May 2012.
- The Monetary Authority of Singapore (MAS) has announced the composition of the Review Panel for the Financial Advisory Industry Review (FAIR). 2 The Review Panel will be chaired by MAS’ Assistant Managing Director for Capital Markets, Mr Lee Chuan Teck, and comprise representatives from industry associations
- MAS is of the view that money lending, promoting junkets for casinos, selling real estate and marketing investment products which are not regulated by MAS, are in clear conflict with financial advisory. Questions: a.
- MAS
- Speeches
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- In this regard, MAS is rather unique in combining financial sector regulation and supervision, central banking and development responsibilities under one agency. This structure has served us well. Building on this, MAS recently implemented a revised organisation structure.
- MAS is studying several ideas in these areas, and we look forward to working with our counterparts in the region and with the industry to advance this. 8 Let me now share the measures that MAS is taking to respond to the challenges from the international reform agenda and the evolving new financial
- MAS will shortly publish a monograph on our approach to effective regulation. Effective Supervision 13 The second pillar is effective supervision.
- MAS
- Media Releases
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- The total quantum for the MAS FinTech Awards is up to S$1.2 million. The winners of the MAS FinTech Awards and ABS Global FinTech Award will be unveiled at the FinTech Awards ceremony.
- Singapore, 2 May 2018…The Monetary Authority of Singapore (MAS) today announced that the third edition of the Singapore FinTech Festival will be held from 12 to 16 November 2018 in Singapore. 2. This year’s Festival will include two new elements.
- Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Telephone: (65) 6225-5577 FACTSHEET The Singapore FinTech Festival provides a platform for connection, collaboration and co- creation on FinTech in Singapore and beyond.