Showing 4566 Documents for "economic issues"

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    • MAS
    • Consultations

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    • This consultation sets out MAS’ proposed regulations relating to anti-money laundering and countering the financing of terrorism, applicable to variable capital companies incorporated under the Variable Capital Companies Act. Response VIEW DOCUMENT Response to Feedback received on AMLCFT Notice for VCCs (811.7 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on the Proposed AML/CFT Notice for Variable Capital Companies (711.6 KB) RESPONSE TO FEEDBACK RECEIVED 15 January 2020 Proposed
    • MAS
    • Monographs/Information Papers

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    • MAS and the Association of Banks in Singapore (ABS) jointly issued a Study to enhance the resilience of future workplaces of financial institutions (FIs) in Singapore. The Study involved a consortium of consultants with experience in redesign of workplaces, as well as a multi-disciplinary expert panel to provide views on infectious disease management and workplace safety. The Study sets out good practices and recommendations for FIs to review and redesign their workplaces, to better support the well-being
    • MAS
    • Parliamentary Replies

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    • Speech by DPM Lee Hsien Loong for the Second Reading of the Monetary Authority of Singapore (Amendment) Bill 1998 On 29 Jun 1998 Mr Speaker, Sir, I beg to move, "That the Bill be now read a Second time." Inspection by Foreign Supervisory Authorities 2. Last year, the Government embarked on a fundamental review of its policies towards the financial sector, with a view to developing Singapore as a major financial centre in Asia, and globally. The review included re-examining the role of the Monetary
    • MAS
    • Media Releases

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    • Visit By Minister for Trade & Industry Mr Lim Hng Kiang to ASEAN Finance Ministers Investor Seminar and IMF World Bank Meetings in the US Singapore, 24 September 2004...Minister for Trade & Industry Lim Hng Kiang will visit the United States from 27 September 2004 to 4 October 2004. 2  Minister Lim will attend the ASEAN Finance Ministers Investor Seminar in New York on 29 September 2004, where he will deliver the opening address and participate in panel discussions. 3  The seminar has its genesis
    • MAS
    • Media Releases

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    • 12 November 2019, Singapore… The Monetary Authority of Singapore (MAS) and eight members of the Canadian Securities Administrators (CSA) today signed a cooperation agreement to strengthen collaboration in FinTech between Singapore and CSA’s member jurisdictions. The members are the securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan. 2   The agreement sets out the framework of collaboration between the CSA members
    • MAS
    • Media Releases

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    • Maharashtra, 26 February 2018…The Monetary Authority of Singapore (MAS) and the Government of Maharashtra (GoM) 1 signed a Memorandum of Understanding (MoU) on 18 February 2018 to strengthen cooperation in promoting FinTech innovation in the two markets. The MoU was signed at a ceremony at the Magnetic Maharashtra event in India. 2. The agreement provides opportunities for FinTech start-ups in Singapore to set-up and build business relationships with FinTech companies at the Mumbai FinTech hub. As
    • MAS
    • Media Releases

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    • Singapore, 2 June 2018… The Department of Economic Affairs (DEA), Government of India, and the Monetary Authority of Singapore (MAS) yesterday signed a Memorandum of Understanding (MoU) to strengthen cooperation in financial innovation between Singapore and India, through the establishment of a Joint Working Group (JWG). The JWG will be co-chaired by MAS Deputy Managing Director Jacqueline Loh and India Department of Financial Services (DFS) Additional Secretary Ravi Mital. 2.     Singapore and India
    • MAS
    • Parliamentary Replies

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    • Question No. 850 Notice Paper No. 276 of 2008 For Oral Answer Date: For Parliament Sitting on 17 November 2008 Name and Constituency of Member of Parliament Mr Seah Kian Peng, MP for Marine Parade GRC Question Q850: To ask the Senior Minister in light of the significant increase and accumulation of debts incurred by individuals in the last 12 months, whether MAS will review the eligibility criteria of personal credit lines being extended to these individuals. Mr Tharman Shanmugaratnam, Minister for
    • MAS
    • Parliamentary Replies

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    • Question No 224 Notice Paper No 221 of 2012 For Written Answer Date: For Parliament Sitting on 9 July 2012 Name and Constituency of Member of Parliament Ms Low Yen Ling, MP for Chua Chu Kang GRC Question: To ask the Prime Minister (a) what is the level of exposure that Singapore has to European Union banks; (b) whether Singapore is prepared for banks deleveraging arising from the euro zone crisis; (c) what will the implications of deleveraging be on (i) our banks (ii) the availability of trade credit
    • MAS
    • Speeches

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    • Distinguished guests, ladies and gentlemen, good morning.  And to all our foreign guests, a warm welcome to Singapore. The sun is shining on Islamic finance. Let me highlight three promising global developments. First, Islamic finance continues to grow rapidly.  The industry grew at double digits last year, as it has for the previous five years, despite global economic uncertainties and market volatility.  Global Islamic financial assets are estimated to have reached US$1.8 trillion by the end of