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- Authority of Singapore ("MAS").
- Savings Bonds transferred or pledged without MAS' prior approval may be redeemed by MAS from the transferee or pledgee.
- Singapore, 1 December 2015… The Monetary Authority of Singapore (MAS) announced today that up to $4 billion of Savings Bonds will be offered in 2016. The first Savings Bond of 2016 (SBJAN16) will be issued on 4 January 2016, and up to $300 million will be available.
- MAS
- Media Releases
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- Authority of Singapore ("MAS").
- Savings Bonds transferred or pledged without MAS' prior approval may be redeemed by MAS from the transferee or pledgee.
- Singapore, 1 December 2016…The Monetary Authority of Singapore (MAS) announced today that up to $2 billion of Savings Bonds will be offered in 2017. The first Savings Bond of 2017 (SBJAN17) will be issued on 3 January 2017, and up to $150 million will be available.
- MAS
- Media Releases
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- Singapore, 28 June 2021… The Monetary Authority of Singapore (MAS) today announced the launch of a global challenge for retail Central Bank Digital Currency (CBDC) solutions (Global CBDC Challenge).
- Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Telephone: (65) 6225-5577 Annex A About the Global Challenge for Central Bank Digital Currency (CBDC) Solutions 2021 The competition seeks to match innovative market-ready solutions with public
- Additionally, Amazon Web Services (AWS) will support finalists in the Global CBDC Challenge to develop their prototypes by providing access to the AWS platform and AWS Promotional Credits. 1 -------- Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Telephone
- MAS
- Media Releases
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- All recommendations in the Main Report were accepted by MAS. 9 For a summary of the recommendations in the Supplementary Report and MAS' responses, please see Annex 1 (19.1 KB) . The full Supplementary Report is at Annex 2 (51.7 KB) .
- The Monetary Authority of Singapore (MAS) today announced that it has accepted most of the recommendations made by the Committee on Efficient Distribution of Life Insurance (CEDLI) in its Supplementary Report, paving the way for a more transparent, competitive and efficient life insurance distribution
- MAS will work with the Life Insurance Association (LIA) and other industry bodies to this end," he added. 8 The CEDLI was appointed by the MAS in March this year to review the existing distribution structure of the life insurance industry, and look into ways to raise the industry's standards, transparency
- MAS
- Parliamentary Replies
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- Answer by Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge of MAS: 1 MAS conducts regular stress tests of all the local and major foreign banks in Singapore.
- MAS uses stress tests as a pre-emptive supervisory tool to encourage financial institutions to build adequate buffers and put in place risk mitigation plans across a range of adverse conditions. 3 Earlier this year, MAS completed a stress test exercise based on end-2012 data.
- First, MAS has an obligation to keep confidential the information provided by financial institutions in conducting the tests.
- MAS
- Media Releases
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- Singapore, 2 July 2015… The Monetary Authority of Singapore (MAS) has refined its proposals to strengthen the REITs market, in response to industry feedback. 2 In issuing its response to feedback on its consultation paper of 9 October 2014, MAS said that it would implement these key measures to accord
- Hence, MAS is not proposing any regulatory intervention on these arrangements.
- MAS will also continue to allow stapled securities structures with a REIT component to operate without group operational limits.
- MAS
- Parliamentary Replies
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- Nonetheless, MAS is closely monitoring the business activities of licensed DPT service providers. They are required to periodically report to MAS on DPTs they hold or transact in that they have assessed to be of higher risk.
- MAS must be satisfied that they have taken adequate control measures to manage these risks 5 . MAS also requires DPT service providers to assess the purpose of their customers’ use of privacy coins, privacy wallets or mixers and to undertake enhanced monitoring of their transactions 6 . 3.
- Accordingly, MAS requires digital payment token (DPT) service providers engaged in customer transactions involving such anonymity features to put in place stronger controls to address the higher risks they pose.
- MAS
- Media Releases
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- The Monetary Authority of Singapore (MAS) today issued guidelines giving effect to MAS’ expectations that Digital Payment Token (DPT or more commonly known as cryptocurrency) service providers should not promote their DPT services to the general public in Singapore. 2.
- MAS Assistant Managing Director (Policy, Payments and Financial Crime), Ms Loo Siew Yee said, “MAS strongly encourages the development of blockchain technology and innovative application of crypto tokens in value-adding use cases.
- MAS has consistently warned that trading DPTs is highly risky and not suitable for the general public, as the prices of DPTs are subject to sharp speculative swings.
- MAS
- Speeches
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- MAS will release details of both the licensing and ABFM schemes shortly. 16 The new admission requirements for BFMs do not mean that MAS is relaxing its prudential standards.
- The same month, MAS announced its own plans to place out to private fund managers S$10 billion over 3 years.
- MAS is prepared to consider licensing them on a case-by-case basis if they have operated in Singapore either as an Approved Fund Manager or Exempt IA for at least 3 years, or if their principals or shareholders have worked in Singapore for more than 3 years. 15 MAS will also extend its Approved Fund
- MAS
- Media Releases
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- About MAS, Monetary Authority of Singapore The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator.
- Swiss Re was also part of the insurance industry workgroup convened in 2019 that co-developed the Environmental Risk Management Guidelines for Insurers with the Monetary Authority of Singapore (MAS), and is an anchor partner of the Global-Asia Insurance Partnership (GAIP) GAIP is a centre of excellence
- It is a tripartite partnership between the global insurance industry, regulators and academia, and supported by MAS. . 11 Mr Kielholz was one of the longest serving members of MAS’ International Advisory Panel (IAP) from 2009 to 2021, and contributed invaluable insights on the importance of investing