Showing 4566 Documents for "economic issues"

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    • MAS
    • Parliamentary Replies

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    • MINISTERIAL STATEMENT BY DPM LEE HSIEN LOONG ON BANKING CONSOLIDATION Date: 11 Jul 2001 Introduction 1. Mr Low Thia Khiang asked whether bank mergers will help make Singapore an international financial centre.  Mr S Iswaran and Dr Ker Sin Tze asked about the effects of consolidation on competition and the availability of banking services to SMEs. These are important questions prompted by the process of consolidation that is currently underway. OCBC has made a bid for Keppel Capital Holdings, which
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Consultation Paper on Technology Risk Management Guidelines (514.1 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Technology Risk Management Guidelines (370.2 KB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION PAPER ON THE TECHNOLOGY RISK MANAGEMENT GUIDELINES 1 Introduction 1.1 On 13 June 2012, MAS conducted a consultation on the Technology Risk Management Guidelines, (the Guidelines). The Guidelines include guidance on existing
    • MAS
    • Media Releases

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    • Singapore, 31 March 2021… The Monetary Authority of Singapore (MAS) announced today that Singapore intends to join international efforts to enhance the capacity of the International Monetary Fund (IMF) to assist vulnerable low-income countries in dealing with the economic fallout from the COVID-19 pandemic. This will enable the IMF to support the surge in requests for financial assistance, from these countries. 2.     Subject to Parliament’s approval The Bretton Woods Agreements Act enables MAS to
    • MAS
    • Media Releases

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    • Singapore, 31 March 2021… The Monetary Authority of Singapore (MAS) announced today that Singapore intends to join international efforts to enhance the capacity of the International Monetary Fund (IMF) to assist vulnerable low-income countries in dealing with the economic fallout from the COVID-19 pandemic. This will enable the IMF to support the surge in requests for financial assistance, from these countries. 2.     Subject to Parliament’s approval The Bretton Woods Agreements Act enables MAS to
    • MAS
    • Media Releases

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    •  Investment Opportunities In East Asia : US-Based Investment Group "Russell 20-20" Visits Singapore 20 October 2000, Singapore...US-based investment association, Russell 20-20 ("R20-20"), arrived in Singapore yesterday as part of its 2000 Southeast Asia Investment Trip. Representing some of the biggest pension funds and money managers in the world, R20-20 is visiting Southeast Asia for the first time, and will be spending two days in Singapore (19 - 20 October). Speaking at a dinner hosted by the
    • MAS
    • Media Releases

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    • Singapore, 17 April, 2017... The Monetary Authority of Singapore (MAS) and the United Nations Capital Development Fund (UNCDF) have formed a strategic partnership under the ongoing UNCDF’s SHIFT (Shaping Inclusive Finance Transformations) programme to facilitate the development and access to digital financial services in the ASEAN region. To accelerate financial access and usage, MAS and UNCDF SHIFT will explore opportunities to work on digitisation of low-tier financial institutions (Financial Cooperatives
    • MAS
    • Media Releases

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    • Singapore, 15 November 2017… The Monetary Authority of Singapore (MAS) and the Polish Financial Supervision Authority (KNF) signed a FinTech Co-operation Agreement which lays out a framework for co-operation and referrals between the two regulators. 2   The framework enables both regulators to refer FinTech companies to their counterparts and outlines the support given to the companies to better understand the regulatory regime in each jurisdiction. In addition, the framework sets out how MAS and
    • MAS
    • Media Releases

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    • Singapore, 25 April 2018… The Monetary Authority of Singapore (MAS) and the State Bank of Viet Nam (SBV) have agreed today to establish a new partnership to encourage FinTech innovation and to strengthen cooperation in banking supervision. 2   The new Memorandum of Understanding (MOU) between MAS and SBV on financial innovation will facilitate joint innovation projects between the two countries, help FinTech companies in one jurisdiction better understand the regulatory regime and opportunities in
    • MAS
    • Media Releases

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    • Singapore, 28 Jun 2023… The Monetary Authority of Singapore (MAS) today launched a public consultation on the detailed thresholds and criteria for financing the early phase-out of coal-fired power plants (CFPPs) under the Singapore-Asia Taxonomy. 2. The inclusion of managed coal phase-out under the Singapore-Asia Taxonomy The Singapore-Asia taxonomy was developed by the Green Finance Industry Taskforce (GFIT). GFIT has carried out three phases of taxonomy consultations, and this will be the fourth
    • MAS
    • Speeches

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    • Dr Yi Gang, President, China Society for Finance and Banking, distinguished guests, friends and colleagues, good afternoon. Welcome to the 11th MAS Lecture.  Since its launch in 2000, the MAS Lecture has featured distinguished members of the international financial community.  Today, we are honoured to have with us, Dr Yi Gang. Yi Gang needs little introduction, and I can scarcely do justice in five minutes to his many achievements over a distinguished career spanning more than 30 years. One perhaps