Showing 5563 Documents for "MAS"
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- MAS
- Parliamentary Replies
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- Following its initial investigations, SGX will refer the case to MAS, where necessary. MAS has statutory powers to obtain information, including the identity of the investor. MAS therefore does not consider crossing networks to pose additional concerns on insider trading. 5.
- The Monetary Authority of Singapore (MAS) recognises these concerns and has brought crossing networks under its regulatory regime for recognised market operators 1 since September 2007.
- MAS has required crossing networks to match only large orders that comply with the SGX off-exchange thresholds.
- MAS
- Parliamentary Replies
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- Update on MAS’ Investigations 2. First, on the update on MAS' investigations. MAS has completed its investigations.
- Until MAS’ findings are finalised, it is not appropriate for either MAS or the parties involved to comment further on the matters under investigation as it could be prejudicial to the investigations and the parties involved. Complaints to Financial Institutions and Settlement Offers 3.
- In accordance with its normal practice, there is a due process to be followed, including giving the financial institutions a reasonable opportunity to respond to the preliminary findings, before MAS makes and announces its final decision.
- MAS
- Media Releases
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- Singapore, 16 February 2015… The Monetary Authority of Singapore (MAS) today published a consultation paper setting out proposals and clarifications to facilitate access by corporates to alternative sources of funding through securities-based crowdfunding. 2 In recent years, there has been increasing
- Globally, SCF is still at a nascent stage of development, and very few jurisdictions have implemented a regulatory framework for SCF. 5 As a start, MAS will facilitate SCF offers to accredited investors (AIs) and institutional investors (IIs) through the following initiatives: (a) MAS proposes to ease
- 2015 ( Click here to view the consultation paper ). 1 The minimum base capital requirement for such intermediaries would be lowered to $50,000, and they would not need to lodge a security deposit of $100,000 with MAS.
- MAS
- Media Releases
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- Singapore, 3 November 2022…The Monetary Authority of Singapore (MAS) today launched Ubin+ , an expanded collaboration with international partners on cross-border foreign exchange (FX) settlement using wholesale central bank digital currency (CBDC). 2 Ubin+ will focus on the following: Study business
- The project involved collaboration between the Bank for International Settlements Innovation Hub Singapore Centre, the Reserve Bank of Australia, Bank Negara Malaysia, the MAS and the South African Reserve Bank. . 5 Mr Sopnendu Mohanty, Chief FinTech Officer, MAS, said “Interoperable wholesale digital
- The project is a partnership involving MAS, Banque de France, Swiss National Bank, and the Bank for International Settlements Innovation Hub’s Eurosystem, Switzerland and Singapore Centres.
- MAS
- Media Releases
Last revised date:
- Singapore, 29 November 2006...The Monetary Authority of Singapore (MAS) and International Enterprise Singapore (IE Singapore) issued a consultation paper that proposes the transfer of regulatory oversight of commodity futures from IE Singapore to MAS.
- The consultation paper is available on the MAS website > Publications > MAS Consultation Papers and IE Singapore website (www.iesingapore.gov.sg).
- This will help to facilitate Singapore's growth as a hub for commodity futures trading. 4 Interested parties should forward their comments on the proposals in the consultation paper to MAS by 15 Jan 2007.
- MAS
- Speeches
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- The regular, candid and constructive dialogues that the MAS have held with members of ACI Singapore have been significant in advancing the industry. MAS will continue this close partnership with industry players. 25 We must not let up.
- The MAS also encourages institutions, industry associations and other major players to develop a training infrastructure that supports skills upgrading.
- The MAS' measures to free up and develop the debt market have also yielded encouraging results. Over the last five years, the Singapore Government Securities (SGS) market has seen daily turnover increase six-fold.
- MAS
- Speeches
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- MAS is therefore interested in the culture in financial institutions as it has a dominant influence on the way they conduct their business with customers. MAS’ approach to culture and conduct 8 To be clear, the focus on culture is not a new concept to MAS.
- But financial institutions can expect MAS to engage them more regularly on what they are doing within their own organisations to shape the right culture.
- For the financial advisory business in particular, let me highlight three initiatives: • First, the Guidelines on Fair Dealing issued by MAS in April 2009.
- MAS
- Notices
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- MAS Notice FAA-N25 8 October 2021 NOTICE TO LICENSED FINANCIAL ADVISERS AND SPECIFIED EXEMPT FINANCIAL ADVISERS MONETARY AUTHORITY OF SINGAPORE ACT, CAP. 186 PREVENTION OF MONEY LAUNDERING AND COUNTERING THE FINANCING OF TERRORISM LICENSED FINANCIAL ADVISERS AND SPECIFIED
- EXEMPT FINANCIAL ADVISERS IN RELATION TO CROSS-BORDER ARRANGEMENTS UNDER THE FINANCIAL ADVISERS (EXEMPTION FOR CROSS-BORDER ARRANGEMENTS) (FOREIGN OFFICES) REGULATIONS 2021 1 1.1 INTRODUCTION This Notice is issued pursuant to section 27B of the Monetary Authority of Singapore Act
- (Cap. 186) (MAS Act) and applies to all licensed financial advisers and specified exempt financial advisers as defined under regulation 2(1) of the Financial Advisers (Exemption for Cross-Border Arrangements) (Foreign Offices) Regulations 2021 (FA(ECBA)(FO)R) except a licensed financial adviser
- MAS
- Consultations
Last revised date:
- The Monetary Authority of Singapore (MAS) invites interested parties to provide their comments on the proposals. 1.3. Please note that all submissions received will be published and attributed to the respective respondent unless they expressly request MAS not to do so.
- MAS intends to effect the proposed amendments to the PS Regs by October 2023.
- 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 libelous or offensive. 1.4.
- MAS
- Media Releases
Last revised date:
- The Monetary Authority of Singapore (MAS) today reminded banks that under the Banking Act (section 12), MAS' approval is required before a bank sets up additional locations to receive applications for consumer credit products such as credit cards, charge cards and unsecured credit facilities.
- To ensure a level playing field between banks and non-bank issuers, MAS today imposed similar rules on non-bank issuers of credit and charge cards under the MAS Act. ***
- MAS wants to minimise the likelihood of customers being rushed into hasty decisions to sign up for consumer credit products. MAS' longstanding policy to discourage consumers from borrowing excessively remains unchanged.