Showing 4089 Documents for "payment services"

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    • MAS
    • Media Releases

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    • Singapore, 1 August 2018… The Monetary Authority of Singapore (MAS) announced today that Singapore will undergo the International Monetary Fund (IMF)’s Financial Sector Assessment Programme (FSAP) this year. The FSAP will assess the resilience of Singapore’s financial sector, the quality of MAS’ regulatory framework and supervision, and capacity of authorities to manage and resolve financial crises. This will be Singapore’s third FSAP assessment. 2   Specifically, the scope of the FSAP will include
    • MAS
    • Media Releases

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    • Singapore, 3 November 2021...The Monetary Authority of Singapore (MAS) today issued a consultation paper on the classification of certain investment products as complex, whereby enhanced safeguards will apply when they are distributed to retail investors. The paper also proposes changes to increase retail investors’ access to diversified investment funds. 2 The consultation seeks to enhance the existing complex products regime Products which are well-established in the market and have terms and conditions
    • MAS
    • Media Releases

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    • Singapore, 3 November 2021...The Monetary Authority of Singapore (MAS) today issued a consultation paper on the classification of certain investment products as complex, whereby enhanced safeguards will apply when they are distributed to retail investors. The paper also proposes changes to increase retail investors’ access to diversified investment funds. 2 The consultation seeks to enhance the existing complex products regime Products which are well-established in the market and have terms and conditions
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 332 NOTICE PAPER 195 OF 2020 FOR WRITTEN ANSWER Date: For Parliament Sitting on 4 January 2021 Name and Constituency of Member of Parliament Mr Murali Pillai, MP, Bukit Batok SMC Question: To ask the Prime Minister (a) over the past three years, what has been the percentage of life insurance policies that have been surrendered on a per year basis; and (b) whether MAS intends to regulate the secondary market involving the sale of life insurance policies so as to protect the policy holders
    • MAS
    • Parliamentary Replies

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    •   Question No 288 Notice Paper No 81 of 2012 For Oral Answer Date: For Parliament Sitting on 8 March 2012 Name and Constituency of Member of Parliament Q288 Mrs Lina Chiam, Non-Constituency Member Question: To ask the Prime Minister in light of the recent fraudulent withdrawals from the ATMs of DBS Bank (a) what have MAS and the Association of Banks in Singapore done to prevent such incidents from recurring at DBS Bank and other banks; and (b) whether MAS is assured that DBS Bank has definitely
    • MAS
    • Parliamentary Replies

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    •   Question No 132 Notice Paper No 60 of 2012 For Written Answer Date: For Parliament Sitting on 14 February 2012 Name and Constituency of Member of Parliament Q132 Ms Ellen Lee, Member of Parliament for Sembawang GRC Question: To ask the Prime Minister whether MAS will consider requiring banks to use fingerprint or iris recognition techniques to replace the magnetic strips used in ATM cards. Response by Mr Tharman Shanmugaratnam, Deputy Prime Minister and Chairman, MAS 1   MAS has been working
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 3458 NOTICE PAPER 1387 OF 2022 FOR ORAL ANSWER Date: For Parliament Sitting on 05 October 2022 Name and Constituency of Member of Parliament Mr Saktiandi Supaat, MP, Bishan-Toa Payoh GRC Question: To ask the Prime Minister (a) whether the Government can provide updates on (i) the progress of the framework for the equitable sharing of losses suffered by scam victims and (ii) the work of the Payments Council in reviewing the practices that the financial industry can put in place to better
    • MAS
    • Media Releases

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    • Singapore, 16 July 2019… The Monetary Authority of Singapore (MAS) said today that  the International Monetary Fund (IMF) has completed its Financial Sector Assessment Programme (FSAP) On 1 August 2018, MAS announced that Singapore would participate in the International Monetary Fund’s Financial Sector Assessment Programme (FSAP) in 2018-2019. Please refer to the press release at this link . for Singapore and reaffirmed Singapore’s financial sector oversight to be “among the best globally”. 2 The
    • MAS
    • Monographs/Information Papers

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    • This practice guide is jointly published by MAS and SGX RegCo, and sets out guiding principles that help brokers develop and implement good practices in their trade surveillance operations. 1 -------- Contents Page 1 Introduction ..................................................................................................... 3 2 Guiding Principles for Trade Surveillance Operations ...................................... 6 Supervisory scope and findings
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 794 NOTICE PAPER 291 OF 2021 FOR ORAL ANSWER Date: For Parliament Sitting on 4 March 2021 Name and Constituency of Member of Parliament Assoc Prof Jamus Jerome Lim , MP, Sengkang GRC Question: To ask the Prime Minister in light of the rise in fraudulent credit card transactions, whether the Government has considered encouraging more widespread wholesale insurance for banks and other credit card issuers that will permit easier write-offs for relatively smaller transaction amounts . Answer