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    • MAS
    • Speeches

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    • Mr Ravi Menon, Managing Director, Monetary Authority of Singapore (MAS) and Chairman, Institute of Banking & Finance (IBF) Distinguished guests, ladies and gentlemen 1.     Last week, at the Manpower Ministry’s Workplan Seminar, I had touched on the idea of career mobility because it matters to Singaporeans. 2.     When it comes to our careers: Most Singaporeans want the opportunity to learn, to grow and to be recognised. Few will want to stay in the same spot forever. Career Mobility At Any Age
    • MAS
    • Speeches

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    •  "Challenges, Opportunities, Realities" Over the last 25 years, SIBOS has developed to become a major financial services event. More than just a showcase for new products, SIBOS is an important forum where thought leaders in the industry share their views on the global financial landscape and the implications for their businesses. 2   I would like to talk about the realities and challenges facing us today. I will then share what Singapore is doing to remake our economy. In particular, I will focus
    • MAS
    • Speeches

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    • 1. Mr Deputy Speaker, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister-in-Charge of the Monetary Authority of Singapore, I beg to move, “That the Bill be now read a second time”. Introduction 2. Sir, the International Monetary Fund, or the IMF in short, is a global multilateral institution with a mission to achieve sustainable growth and prosperity for its 190 member countries. It supports economic policies that promote domestic and global financial stability, and foster the economic
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 94 NOTICE PAPER 62 OF 2020 FOR WRITTEN ANSWER Date: For Parliament Sitting on 6 October 2020 Name and Constituency of Member of Parliament Mr Don Wee, MP, Chua Chu Kang GRC Question: To ask the Prime Minister whether MAS can provide guidance to (i) financial institutions not to let their individual and SME borrowers' dismal financial performance in 2020 affect their credit scoring and (ii) credit bureaus to rescind the adverse record of an individual borrower whose repayment ability has
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 2061 NOTICE PAPER 1317 OF 2022 FOR WRITTEN ANSWER Date: For Parliament Sitting on 12 September 2022 Name and Constituency of Member of Parliament Mr Derrick Goh, MP, Nee Soon GRC Question: To ask the Prime Minister (a) what is the current total value of “Buy Now Pay Later” (BNPL) loans in Singapore; (b) what is growth rate of BNPL loans in the past 12 months; (c) whether an industry code for effective industry self-regulation will be developed; (d) whether the Government will consider
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback: Interest Rate Risk in the Banking Book (728.2 KB) Response to Feedback Received_Securitisation Capital Framework (564 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Amendments to the Capital Framework for Securitisation Exposures and Interest Rate Risk in the Banking Book in MAS Notice 637 (2.92 MB) RESPONSE TO FEEDBACK RECEIVED November 2018 Proposed Capital Framework for Interest Rate Risk in the Banking Book in MAS Notice
    • MAS
    • Parliamentary Replies

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    • QUESTION NO. 512 NOTICE PAPER 712 OF 2017 FOR WRITTEN ANSWER Date: For Parliament Sitting on 4 July 2017 Name and Constituency of Member of Parliament Mr Gan Thiam Poh, MP, Ang Mo Kio GRC Question To ask the Minister for Finance (a) in the past six years, how many policy holders have allowed their life insurance policies/saving plans to lapse due to non-payment of premiums; and (b) whether the Ministry will require all insurance agents and agencies to inform their customers that they can sell their
    • MAS
    • Forms and Templates

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    • Form for a person who has committed an offence to accept an offer of composition by MAS under the Trust Companies Act. ACCEPTANCE OF OFFER OF COMPOSITION MADE BY THE MONETARY AUTHORITY OF SINGAPORE 1. I, _____________ [Name and NRIC/Passport Number] [If made by an officer of a body corporate, partner of partnership, or officer or member of governing body of unincorporated association, to state his position], acknowledge that the Monetary Authority of Singapore has by way of a
    • MAS
    • Speeches

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    • Speech By Mr Koh Yong Guan, Managing Director, MAS, at the 26th Annual Dinner of the Association of Banks in Singapore (ABS) Date: 21 June 1999 INTRODUCTION 1   Chairman ABS, ladies and gentlemen. I am happy to be here at your 26th Annual Dinner. 2   We stand at an important threshold in the development of the banking industry in Singapore. Last month, MAS announced a broad ranging programme to allow greater competition in the domestic banking industry and to upgrade local banks. This programme will
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 1649 NOTICE PAPER 665 OF 2021 FOR WRITTEN ANSWER Date: For Parliament Sitting on 13 September 2021 Name and Constituency of Member of Parliament Mr Chong Kee Hiong, MP, Bishan-Toa Payoh GRC Question: To ask the Prime Minister with regard to leases of non-residential properties (a) what is the number of landlords and units they own that are in arrears of mortgage payments since the start of the COVID-19 pandemic; and (b) for landlords who are legally obliged to give rental reliefs to support