Showing 5563 Documents for "MAS"
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- Speeches
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- Results should be shared with MAS and disclosed to the public.
- The Panel’s report is now presented to MAS. Over the next few months, MAS will consult on these recommendations and then decide if they should be adopted. 23 Finally, it leaves me to thank my Panel members for all their hard work and their invaluable contributions to this report.
- The Panel recommends that MAS enhance the competency, compliance and financial requirements of LFAs, and impose restrictions on the scope of non-FA activities conducted by LFAs. 2.3 Currently, MAS requires the Chief Executive Officers (CEOs) of LFAs to have at least five years
- MAS
- Notices
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- [MAS Notice 632A (Amendment) 2016] E.
- MAS Notice 632A dated 30 November 2011 is cancelled. 01 Mar 2012 MAS Notice 632A dated 30 November 2011 (624.2 KB) takes effect.
- MAS Notice 632A dated 19 January 2016 (last revised on 29 September 2016) (385.7 KB) is cancelled. 01 Nov 2016 MAS Notice 632A (Amendment) 2016 (213.2 KB) takes effect. 01 Apr 2016 MAS Notice 632A dated 19 January 2016 (355.2 KB) takes effect.
- MAS
- Media Releases
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- The Deputy Prime Minister, Minister for Finance, and Chairman of the Monetary Authority of Singapore ("MAS") today moved the Insurance (Amendment) Bill for first reading in Parliament. 2 As part of MAS' on-going effort to improve the regulatory framework for the insurance sector, this Bill will establish
- MAS' response to the public consultation is published on its website at www.mas.gov.sg .
- In addition, miscellaneous amendments are made for the administration of the Insurance Act ("the Act"). 3 MAS conducted a public consultation exercise on earlier drafts of the Bill in May 2003. MAS has considered the comments received and incorporated them into the Bill.
- MAS
- Speeches
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- section 27B of the Monetary Authority of Singapore Act).
- MAS supports these strong measures to deter those who would seek to abuse Singapore’s financial system. 6 In alignment with the increase in CDSA penalties, the MAS Amendment Bill will increase the maximum penalty provided for in the MAS Act for breaches of directions or regulations giving effect to
- MAS has since re-issued the AML/CFT Notices under this section to the financial institutions and persons it regulates. 3 The current amendments to the MAS Act seek to enhance the deterrents against money laundering and terrorist financing in the financial sector.
- MAS
- Media Releases
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- The consultation paper is available on the MAS website and comments should reach MAS by 30 June 2014. *** Annex Key Proposals under RBC 2 Consultation Introduction of a matching adjustment.
- Singapore, 26 March 2014 … The Monetary Authority of Singapore (MAS) today published a second consultation paper on the details of the proposed revisions to the Risk-Based Capital (RBC) framework for insurers. 2 The RBC framework for insurers was first introduced in 2004.
- Alignment of insurers’ available capital components with those in MAS’ capital adequacy framework for banks, wherever appropriate.
- MAS
- Media Releases
Last revised date:
- Singapore, 11 October 2007...The Monetary Authority of Singapore (MAS) has released a policy consultation paper on proposed amendments to the Securities and Futures Act (SFA) and the Financial Advisers Act (FAA).
- These amendments aim to enhance MAS’ supervisory oversight of capital markets services and financial advisers ’ licence holders, and the responsiveness of MAS’ regulatory framework to market innovation. 3 MAS has also released the draft Amendment Bills to the SFA and the FAA, the Draft Securities and
- They take into account feedback received from the earlier consultation papers and MAS’ responses to the comments received, which can be found on the MAS website. (Click here for Responses to Consultation Papers dated 25 September 2006 (102.1 KB) and 05 December 2006 (163.9 KB) ) .
- MAS
- Parliamentary Replies
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- MAS will admit only platform operators that are assessed to be fit and proper.
- Answer by Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge of MAS: 1 MAS’ new regulatory framework supports securities-based crowdfunding (SCF) as an alternative source of financing for start-ups and SMEs.
- MAS’ SCF regulatory framework seeks to strike the right balance between widening access to funding for start-ups and SMEs and protecting investor interests. All SCF platform operators seeking to operate in Singapore will require licensing by MAS.
- MAS
- Media Releases
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- MAS thanks all respondents for their constructive and useful feedback. (Click here to view MAS' response to the feedback received (139.7 KB) and the revised Code (906.5 KB) ). Key Changes 3 The key changes include: A.
- Singapore, 8 April 2011…The Monetary Authority of Singapore (MAS) has issued the revised Code on Collective Investment Schemes (Code), together with its response to public feedback received from its public consultation on proposed amendments to the Code released in May 2010. 2 In revising the Code
- , MAS conducted discussions with industry associations and market practitioners and has carefully considered the extensive feedback received.
- MAS
- Media Releases
Last revised date:
- Supporting the technical competency development on responsible generative AI as well as deep AI skillsets for MAS technologists. 3 Mr Vincent Loy, Assistant Managing Director (Technology), MAS, said, “MAS has been committed to leveraging technology and innovation to their fullest potential.
- Singapore, 31 May 2023… The Monetary Authority of Singapore (MAS) and Google Cloud today signed a Memorandum of Understanding (MoU) to collaborate on generative artificial intelligence (AI) solutions that are grounded on responsible AI practices.
- We look forward to working with MAS to strengthen Singapore’s position as a leading financial hub and customise our foundation models for its internal use.
- MAS
- Monographs/Information Papers
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- Ubin Phase 2 is led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS).
- MAS operates a RTGS system called the MAS Electronic Payment System (MEPS+). MEPS+ plays an integral role in the functioning of Singapore's financial market.
- Gridlock resolution is not dependent on the participation of the MAS node.