Showing 4566 Documents for "economic issues"
Filter by
Sort by
- MAS
- Enforcement Actions
Last revised date:
- 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
Last revised date:
- 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
Last revised date:
- 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
Last revised date:
- 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
- Speeches
Last revised date:
- 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
- MAS
- Media Releases
Last revised date:
- Singapore, 18 March 2022…The Monetary Authority of Singapore (MAS) and CDP Formerly known as the Carbon Disclosure Project. , an international non-profit organisation that operates one of the world’s leading environmental disclosure systems for companies and sub-national governments, signed a Memorandum of Understanding (MOU) to promote sustainability disclosures and access to quality ESG data across the financial sector and real economy. 2 To enable financial institutions and corporates to better
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 986 NOTICE PAPER 1346 OF 2018 FOR WRITTEN ANSWER Date: For Parliament Sitting on 10 September 2018 Name and Constituency of Member of Parliament Ms Sylvia Lim, MP, Aljunied GRC Question: To ask the Prime Minister whether the Government has thoroughly assessed the possible adverse economic and psychological impact that the move to a cashless society will have on particular segments of society. Answer by Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge of MAS: 1
- MAS
- Media Releases
Last revised date:
- Singapore, 15 November 2017… The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) exchanged a Memorandum of Understanding (MoU) in Singapore today to jointly develop the Global Trade Connectivity Network (GTCN), a cross-border infrastructure based on distributed ledger technology (DLT), to digitalise trade and trade finance between the two cities and potentially with an aim to expanding the network in the region and globally. 2 The GTCN is the first strategic joint
- MAS
- Monetary Policy Statements
Last revised date:
- 10 October 2006 INTRODUCTION 1 In April 2006, MAS reaffirmed the policy of a modest and gradual appreciation of the S$NEER policy band. This policy stance, which has been in place since April 2004, has contributed to the low inflation environment amidst the robust economic conditions of the past few years. Chart 1 Nominal Effective Exchange Rate (S$NEER) 2 The S$NEER has stayed in the upper half of the policy band since the last policy review. (Chart 1) This reflected a number of factors,
- MAS
- Media Releases
Last revised date:
- Singapore, 1 Feb 2000 - The Monetary Authority of Singapore's International Advisory Panel (IAP) identified challenges and opportunities for Singapore's financial sector during their one-and-a-half day meeting in Singapore. The IAP, chaired by Mr J Y Pillay, comprised leading figures in international finance from the US, Europe and Japan. The list of IAP members who attended this year's meeting is at Annex 1 . 2 The IAP agreed that consolidation in the global financial industry would continue