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.
- MAS Core Inflation came in lower at 2.4% Excluding the costs of accommodation and private road transport, MAS Core Inflation fell from 2.7% in June to 2.4% in July on account of lower contribution from oil-related items.
- Source: MAS, MTI estimates * Categories below the dotted line are excluded from the MAS Core Inflation series. Private Road Transport Prices of cars fell due to lower COE premiums, while petrol pump prices edged down further.
- 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.
- Source: MAS, MTI estimates * Categories below the dotted line are excluded from the MAS Core Inflation series.
- This October 2012 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry.
- MAS
- Media Releases
Last revised date:
- They have sought clarification from the authorities. 2 Unlike most central banks, MAS does not set or control interest rates. MAS' monetary policy is centred on the exchange rate.
- It is inappropriate for MAS to dictate or influence what are essentially commercial decisions, especially at a time when MAS is reducing administrative guidance and giving market forces more free play. LEONG SING CHIONG SENIOR PRESS OFFICER MONETARY AUTHORITY OF SINGAPORE
- This makes it impossible for MAS to influence both interest rates and exchange rates simultaneously. Since MAS manages the exchange rate, our domestic interest rates are set by market forces.
- MAS
- Media Releases
Last revised date:
- The address and contact numbers of the Currency Department in MAS is as follows- Monetary Authority of Singapore Currency Department MAS Currency House 109 Pasir Panjang Road, Singapore 118536.
- The official merger of the Board of Commissioners of Currency, Singapore (BCCS) with the Monetary Authority of Singapore (MAS) will take effect from 1 October 2002. The combined entity will still be called MAS. The merger does not affect the legal tender of all notes and coins issued by BCCS.
- Currency service will continue as usual and will be provided by the new Currency Department in MAS located at Currency House. Mr. Ho Kwen Chan, Executive Director, heads the department.
- MAS
- Media Releases
Last revised date:
- The additional capital requirement will be reviewed when MAS is satisfied that DBS Bank has addressed the identified shortcomings. 4 Mr Marcus Lim, Assistant Managing Director (Banking and Insurance), MAS, said, “MAS requires financial institutions to have robust controls and processes to ensure the
- The Monetary Authority of Singapore (MAS) has imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement following the widespread unavailability of DBS Bank’s digital banking services during 23-25 November 2021.
- This is four times higher than the amount for a similar disruption of digital banking services in DBS in 2010, when MAS had applied a multiplier of 1.2 times to DBS’ operational risk weighted assets, equivalent to approximately S$230 million in additional regulatory capital. 2 MAS noted deficiencies
- MAS
- Media Releases
Last revised date:
- MAS is issuing the Guidelines on the Regulation of Markets to help the industry better understand how MAS will administer the SFA markets regime.
- The regime allows MAS to specify different regulatory requirements depending on the risks posed by different business models.
- MAS expects to issue further guidance in relation to these other transactions when the consultation process is completed.
- MAS
- Speeches
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- MAS’ approach has been to closely supervise these branches.
- After which, I will share MAS’ views on the current debate on universal banking. CAPITAL REQUIREMENTS FOR LOCALLY-INCORPORATED BANKS 12 MAS has reviewed its bank capital adequacy rules.
- MAS has been doing likewise and tonight, I would like to explain MAS’ approach to reforms in the regulation of banking. POST-CRISIS REFLECTION 4 Singapore’s financial system withstood the global financial crisis well. This did not happen by chance.
- MAS
- Speeches
Last revised date:
- This afternoon, I want to share my thoughts with you on how the MAS sees the financial sector. Many of you, especially from abroad, are sometimes intrigued by MAS’ role as both regulator and developer of the financial sector.
- MAS is committed to working with the industry and all our stakeholders – including an inquisitive and fair media - to ensure that. Thank you.
- The most recent stress tests conducted by the MAS indicates that the banking system would not do too badly even under some pretty severe scenarios.
- MAS
- Guidance
Last revised date:
- Further actions have been taken against such errant entities including listing them on MAS investor alert list, and referring such entities to law enforcement for further action. The public can also report such errant entities to MAS via this link.
- In Singapore, MAS has implemented AML/CFT requirements that are aligned with the revised FATF standards for VA/VASPs. DPT service providers should ensure that their existing AML/CFT controls meet the requirements of MAS Notice PS-N02 and the accompanying guidelines.
- Slide 4 Slide 4 -------- (III) Overview of MAS AML/CFT regulatory regime Overview our regulatory framework MAS introduced AML/CFT requirements that are aligned with FATF standards Payment Services Act introduced on 28 Jan 2020 to include Digital payment token (DPT) dealing and exchange activities
- MAS
- Economic Essays
Last revised date:
- Table 1 Revealed Comparative Advantage in Supplying to Asian Final Demand, 2016 Source: OECD TiVA and EPG, MAS estimates Table 2 Change in Revealed Comparative Advantage in Supplying to Asian Final Demand (200016) Source: OECD TiVA and EPG, MAS estimates Monetary Authority
- estimates Note: OECD TiVA data is only available up to 2011. 2016 data has been projected by EPG, MAS.
- rising the Chart 1 Asian Final Demand by Industry Source: OECD Inter-Country Input-Output Tables (2016) and EPG, MAS estimates Monetary Authority of Singapore Economic Policy Group ProductionFinal DemandDomesticForeignExternal OpportunitiesCompetitivenessSingapores Market Share