Showing 4566 Documents for "economic issues"
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- MAS
- Speeches
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- Mr Henry Kravis, Chairman KKR Distinguished guests Ladies and Gentlemen, It gives me great pleasure to join you at this event, marking the opening of KKR’s Singapore office. KKR has been in Asia for almost three decades, and committed more than US$5billion to companies in the region. The addition of a Singapore office as a key hub in KKR’s regional network comes at a time of continued uncertainty in the global economy, but also increased investor interest in Asia. 2 Institutional investors
- MAS
- Monetary Policy Statements
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- 11 October 2005 INTRODUCTION 1 In April this year, MAS maintained the policy of a modest and gradual appreciation of the S$NEER policy band which has been adopted since April 2004. This policy stance was reiterated in July 2005, following the announcements of changes to the exchange rate systems in China and Malaysia. Chart 1 Nominal Effective Exchange Rate (S$NEER) 2 Since the policy review in April 2005, the S$NEER has largely fluctuated around the mid-point of the policy band. (Chart 1)
- MAS
- Monetary Policy Statements
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- 10 October 2003 INTRODUCTION 1 In July this year, MAS re-centred the exchange rate policy band at the prevailing level of the Singapore dollar nominal effective exchange rate (S$NEER). The zero percent appreciation path and the width of the band were maintained. The level of the S$NEER was assessed to be conducive to supporting the incipient recovery in the Singapore economy, and maintaining domestic price stability in a low inflation environment, particularly in view of possible downside risks
- MAS
- Media Releases
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- Singapore, 20 April 2020 …. The Monetary Authority of Singapore (MAS) has launched the MAS SGD Facility for ESG Loans The MAS SGD Facility for ESG Loans was first announced in MAS’ media release on 31 March 2020. (the Facility) in partnership with Enterprise Singapore (ESG), to lend Singapore Dollars (SGD) at an interest rate of 0.1% per annum to eligible financial institutions Banks and finance companies participating in the ESG Loan Schemes are eligible to tap the Facility. , to support their lending
- MAS
- Enforcement Actions
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- Singapore, 22 July 2020 … The Monetary Authority of Singapore (MAS) has imposed a composition penalty of $1,100,000 on Asiaciti Trust Singapore Pte Ltd (ATSPL) for its failure to comply with MAS’ Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) requirements. These failures were identified by MAS in an inspection. ATSPL has paid the penalty in full and taken remedial actions to address the risk management deficiencies that led to the breaches. 2 MAS found that between
- MAS
- Media Releases
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- Singapore, 10 May 2006...The Monetary Authority of Singapore (MAS) has launched an electronic bond trading platform for Singapore Government Securities (SGS), and introduced a new standing facility for Singapore dollar transactions. These initiatives are part of MAS' efforts to enhance the sophistication and efficiency of Singapore's financial markets. SGS Electronic Bond Trading Platform 2 Jointly developed by MAS, Bloomberg and the SGS Primary Dealer community, the Singapore Government Securities
- MAS
- Parliamentary Replies
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- Question No 373 Notice Paper No 139 of 2012 For Written Answer Date: For Parliament Sitting on 14 May 2012 Name and Constituency of Member of Parliament Q373 Mr Desmond Lee, Member of Parliament for Jurong GRC Question: To ask the Deputy Prime Minister and Minister for Finance (a) why Singapore needs to make the US$4 billion pledge to the International Monetary Fund (IMF) as announced by MAS on 20 April 2012; (b) whether this funding is intended to be used by the IMF to bail out Eurozone countries
- MAS
- Media Releases
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- Singapore, 3 August 2020…The Monetary Authority of Singapore (MAS) announced today that it will award Significantly Rooted Foreign Bank (SRFB) privileges to Standard Chartered Bank (Singapore) Limited (SCBSL), allowing it to operate additional places of business (POBs). SCBSL is the first bank to qualify as an SRFB. 2 MAS will also enhance the SRFB Framework so that in the future, an SRFB that substantially exceeds the criteria for significant rootedness in Singapore may be given additional privileges
- MAS
- Notices
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- Risk based capital adequacy requirements for financial holding companies that have a subsidiary that is a bank incorporated in Singapore and are predominantly banking designated financial holding companies (predominantly banking DFHCs). This notice applies to all financial holding companies that have a subsidiary that is a bank incorporated in Singapore and are predominantly banking DFHCs (referred to in this Notice as an "FHC"). It sets out how Notice 637 on Risk Based Capital Adequacy Requirements
- MAS
- Speeches
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- Prof Hellmut Schutte, Prof Pierre Hillion, Ladies and Gentlemen, I'm delighted to join you all at this official launch of the Asia Pacific Institute of Finance (APIF). INSEAD Today - 'One School, Two Campuses, Three Continents' 2 INSEAD has made remarkable progress as a global business school. Adopting a "One School, Two Campuses, Three Continents" concept, INSEAD offers an unique global perspective by tapping on the strengths of its two campuses in Fountainebleau and Singapore, as well as