Showing 5563 Documents for "MAS"
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- MAS
- Recent Economic Developments
Last revised date:
- Current projection from EPGs GPM-MAS global model.
- Source: Haver Analytics, CEIC and EPG, MAS estimates Global GDP growth is expected to pick up from Q3 2021.
- Domestic and regional USD financing conditions will also benefit from MAS extension of the US$60 billion swap agreement with the US Federal Reserve, and the associated MAS USD Facility. Complementary monetary, fiscal and financial policies will support Singapores economic recovery.
- MAS
- Recent Economic Developments
Last revised date:
- Current projection from EPGs GPM-MAS global model.
- estimates Source: IMF April 2021 Fiscal Monitor and EPG, MAS estimates Note: Regional aggregates are weighted by nominal GDP.
- Domestic and regional USD financing conditions will also benefit from MAS extension of the US$60 billion swap agreement with the US Federal Reserve, and the associated MAS USD Facility. Complementary monetary, fiscal and financial policies will support Singapores economic recovery.
- MAS
- Speeches
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- Barely a year later, in 1977, insurance supervision was brought under MAS’ purview. So, in a sense, the SAS and MAS have seen the industry grow and evolve. The SAS has brought about many changes in the last 40 years. Let me highlight some of them.
- MAS is thankful for the partnership and contributions of the SAS The SAS has come a long way in the last 40 years. In our many interactions with you, MAS has consistently found the SAS to be a proactive stakeholder, and a valuable partner. I would like to cite a few notable examples.
- We appreciate the regular dialogues with the SAS, whereby you proactively engage MAS on your upcoming priorities and initiatives for the year.
- MAS
- Parliamentary Replies
Last revised date:
- Answer by Mr Alvin Tan, Minister of State, Ministry of Trade and Industry and Ministry of Culture, Community and Youth, and Board member of MAS, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1.
- MAS does not have comprehensive data on fund inflows into Singapore through family offices. Such detailed data is not necessary for MAS to carry out its functions of ensuring macroeconomic and financial stability. But let me share what we have. 4.
- There is no breakdown for family offices in particular in MAS’ annual survey. However, SFOs that apply for and are granted tax incentives by MAS managed about S$90 billion of assets as at 2021. This is less than 2% of the S$5.4 trillion assets managed in Singapore as at 2021. 7.
- MAS
- Speeches
Last revised date:
- Cyber risk remains a key risk that MAS and financial institutions in Singapore are keeping close tabs on.
- Apart from the planned issuance of a new MAS Notice on cyber hygiene requirements, MAS has recently consulted on proposed revisions to our Technology Risk Management Guidelines and Business Continuity Management Guidelines, which will serve to help financial institutions better manage cyber risk.
- Recently, MAS announced a study The study is titled “The Impact of Wider Integration of Data Analytics and Automation on Manpower in the Singapore Financial Services Sector”. , commissioned by the Institute of Banking and Finance (IBF) and MAS, which sets out how data analytics and automation are likely
- MAS
- Speeches
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- are posted on the MAS web-site for public comment for a minimum two weeks.
- If a prospectus is found to be misleading or deficient after it has been registered, MAS can serve a stop order on the prospectus to prevent further issuance or sale of securities to the public. 32 Following a public consultation in August, MAS will issue comprehensive retail hedge fund guidelines
- As a safeguard, MAS may refuse to register a prospectus if it does not satisfy the disclosure requirements or if its registration is not in the public interest.
- MAS
- Speeches
Last revised date:
- MAS currently sets such standards in consultation with the industry.
- Keynote Address By Mr Tharman Shanmugaratnam, Deputy Managing Director, Monetary Authority of Singapore (MAS) at Wharton-SMU Conference On Financial Market Liberalization Date: 18 Jan 2001 It is a pleasure to be here with you this morning at the Wharton-SMU Conference on financial market liberalization
- The MAS has consulted with the industry on how the FSDF can best be tapped upon to meet the needs of the financial centre.
- MAS
- Speeches
Last revised date:
- MAS estimates that there will be more than 9,400 new hiring opportunities for permanent roles in the financial sector in 2022 MAS-IBF Employment Outlook Survey 2022. . More than 3,000 jobs will be in technology.
- This is why supporting our financial institutions to access the talent they need to grow and thrive is a key priority for MAS.
- One key initiative which MAS has embarked on with the industry is Project Greenprint, which comprises common utility platforms.
- MAS
- Economic Essays
Last revised date:
- run, Monetary Authority of Singapore Economic Policy Group
- estimates Unit Business Cost (RHS) 5 1983 1992 2001 2010Q4 Source: EPG, MAS estimates Monetary Authority of Singapore Economic Policy Group 35 28 21 14 7 t n e C r e P 120 115 110 105 100 100 95 90 85 ) 0 0 1 = 5 0 0 2 ( x e d n I 115 110 105
- Source: EPG, MAS estimates Chart 7 Private MEQ Investment/GDP and Relative Factor Costs Share of Foreign Employment (RHS) Private MEQ Investment/GDP (LHS) 1993 1996 1999 2002 2005 2008 2010 Source: EPG, MAS estimates Note: Data used in this chart are in annual frequency
- MAS
- Guidance
Last revised date:
- This paper sets out MAS’ key observations, and highlights our supervisory expectations that FIs should review against their own controls.
- Key expectations on FIs CFT controls FIs should ensure that existing AML/CFT frameworks and processes enable effective compliance with the TSOFA, CDSA and relevant MAS rules.
- FIs should assess the effectiveness of their controls against MAS inspection findings and guidance provided here. Appropriate steps should be taken to address any gaps.