Showing 5563 Documents for "MAS"

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    • MAS
    • Notices

    Last revised date:

    • [Deleted by MAS Notice 636 (Amendment) 2021] [Deleted by MAS Notice 636 (Amendment) 2021] 6. 7.
    • Amendment Notes 16 Mar 2023 MAS Notice 636 (Amendment) 2023 (152.8 KB) takes effect. 01 Jul 2021 MAS Notice 636 (Amendment) 2021 (605.2 KB) takes effect. 25 May 2004 MAS Notice 636 (Amendment) 2004 takes effect. 01 Mar 2004 MAS Notice 636 dated 01 March 2014 takes effect.
    • MAS Notice 636 (Amendment) 2004 with effect from 25 May 2004. 2. MAS Notice 636 (Amendment) 2021 dated 28 June 2021 with effect from 1 July 2021. 3. MAS Notice 636 (Amendment) 2023 dated 15 March 2023 with effect from 16 March 2023.
    • MAS
    • Guidelines

    Last revised date:

    • Not Approved Approved Yes Yes No No approach MAS are shaded. MONETARY AUTHORITY OF SINGAPORE 11
    • MAS has set out in the Fourth Schedule to the Banking Regulations the minimum information banks are required to submit to MAS.
    • If MAS does not grant approval and the bank is already carrying on the business under regulation 23G, MAS may direct the bank to stop the business altogether if MAS assesses that the business does not qualify for regulation 23G.
    • MAS
    • Speeches

    Last revised date:

    • of capital and reserves necessary for MAS to carry out its principal objects and functions; and (ii) allowing MAS to return profits to the Government as long as MAS has accumulated excess profits 3 .
    • In determining the amount of profits to be returned on an annual basis, the MAS Board will have to ensure that MAS’ capital and reserves remain adequate for MAS to carry out its principal objects and functions.
    • (IV) MAS’ Financial Arrangements with the Government 15     The Bill introduces amendments relating to MAS’ financial arrangements with the Government, including – (i) providing the Government and MAS Board with the flexibility to revise the level of MAS’ paid-up capital, taking into account the level
    • MAS
    • Speeches

    Last revised date:

    • For the smaller SVF schemes, MAS intends to require clear written disclosure to users that the holder of the stored value is not subject to MAS' approval under the Bill.  At the same time, the list of widely accepted SVF will be published in the Government Gazette and on the MAS website. 
    • They will not need MAS' approval to issue the SVF and to hold the stored value. 
    • Where the stored value is above the threshold, the holder of the stored value must be approved by MAS and a bank licensed by MAS must also be approved to be fully liable for the stored value. 
    • MAS
    • Consultations

    Last revised date:

    • MAS Response 3.14 As mentioned above, MAS will not expand the definition of family member to include siblings.
    • MAS Response 5.2 As mentioned above, MAS appreciates the operational burden involved in obtaining approval for each RPT.
    • MAS Response 3.12 In light of the comments received, MAS will not expand the definition of family member to include siblings.
    • MAS
    • Consultations

    Last revised date:

    • As such, if respondents would like: (a) (b) to be kept confidential, please expressly state so in the submission to MAS. MAS will only publish non-anonymous submissions.
    • In addition, MAS reserves the right not to publish any submission received where MAS considers it not in the public interest to do so, such as where the submission appears to be libellous or offensive. 1.4 https://go.gov.sg/MAS-Public-Prospecting. 1.5 your enquiry to Public_Prospecting
    • MAS will hold FIs responsible for ensuring that PPMOs carry out their role properly. 3.26 MAS would like to seek views on whether conditions should be set on who may be designated as PPMOs.
    • MAS
    • Consultations

    Last revised date:

    • MAS Response 1.17.
    • MAS Response 4.9.
    • MAS response 5.6.
    • MAS
    • Annual Reports

    Last revised date:

    • In 2001, MAS be- guidance.
    • It features interviews the region, MAS launched an annual with MAS past and present manage- MAS Lecture series in 2000. The annual ment and staff.
    • Sponsorship Scheme, MAS the MASRC.
    • MAS
    • Consultations

    Last revised date:

    • DISCLOSURE REQUIREMENTS UNDER MAS NOTICES 637, 651 AND 653 1 Preface On 10 July 2017, MAS consulted on proposed amendments to disclosure 1.1 requirements under MAS Notices 637 1, 651 2 and 653 3.
    • MAS Response 3.6 A Reporting Bank that publishes financial statements annually instead of quarterly may comply with paragraph 6 of MAS Notice 651 and paragraph 7 of MAS Notice 653 under limb (b).
    • This is set out in row (g) of Table 11-47 of the revised MAS Notice 637.
    • MAS
    • Consultations

    Last revised date:

    • II in Singapore1, this letter sets out MAS objectives in implementing Basel II, how MAS intends to meet these objectives, and MAS expectations of Singapore banks preparations for Basel II.
    • These have to be specifically approved for exclusion by MAS.
    • The submission should reach MAS by no later than 31 January 2005.