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    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 27 May 2015…The Monetary Authority of Singapore (MAS) will be hosting three high-level events this week: • The 2015 Symposium on Asian Banking and Finance (SABF) • The 2nd Asian Monetary Policy Forum (AMPF) • The 20th Executive’s Meeting of East Asia-Pacific Central Banks (EMEAP) Governors
    • The AMPF, modelled after the annual US Monetary Policy Forum in New York, is co-organised and funded by the University of Chicago Booth School of Business, the National University of Singapore Business School and MAS. 
    • the Asia-Pacific region. 2   The forums aim to address financial and regulatory issues critical to Asia, raise the level of intellectual discourse on economic and monetary issues faced in the region, and provide a platform to facilitate research collaboration. 3   The 2015 SABF, to be co-hosted by MAS
    • MAS
    • Circulars

    Last revised date:

    • Informs all insurers on expectations to update MAS on their BCM contact details annually or when there are any changes. The annual updates should be sent to MAS by 31 March of each year.
    • As communicated in previous years, insurers are expected to update MAS on their BCM contact details annually or when there are any changes. The annual updates should be sent to MAS by 31 March of each year. MAS has made some revisions to enhance our BCM Data Template.
    • Please kindly complete 2 the attached template and send it to your MAS Liaison Officer by 31 March 2020. The same template should be used for future updates. 3 If you have any queries, please approach your MAS Liaison Officer. Circular No.
    • MAS
    • Media Releases

    Last revised date:

    • The breaches were uncovered and reported to MAS in April 2020. MAS has directed the Trustee to ensure that the Trustee’s approval is obtained before any payments or transfers of funds is made from EH-REIT to any person.
    • Singapore, 20 April 2020...The Monetary Authority of Singapore (MAS) announced today that it has directed the Manager Eagle REIT Hospitality Management Pte Ltd of Eagle Hospitality REIT (EH-REIT), and its Trustee DBS Trustee Limited , to take steps to protect the rights and interests of EH-REIT’s unitholders
    • MAS has also directed the Manager of EH-REIT to restore its minimum base capital and financial resources to comply with MAS’ requirements; the Manager has been in breach of these requirements A capital markets services licence holder conducting the regulated activity of REIT management is required to
    • MAS
    • Recent Economic Developments

    Last revised date:

    • MAS Core Inflation is now expected to pick up further in the near term, and could reach 3% by the middle of the year.
    • Chart 1.1 The recovery strengthened in Q4, particularly in Asia ex-Japan GDP growth Chart 1.2 Infection waves staggered across countries Seven-day moving average (7DMA) of new COVID-19 cases Source: EPG, MAS estimates Source: WHO and EPG, MAS estimates 1 2
    • Chart 3.6 The momentum of core price increases has picked up and Chart 3.7 inflationary pressures have broadened Measures of inflation Proportion of core CPI with inflation above historical average Source: DOS and EPG, MAS estimates Source: EPG, MAS estimates Note: The proportion
    • MAS
    • Recent Economic Developments

    Last revised date:

    • MAS Core Inflation is now expected to pick up further in the near term, and could reach 3% by the middle of the year.
    • Chart 1.1 The recovery strengthened in Q4, particularly in Asia ex-Japan Chart 1.2 Infection waves staggered across countries GDP growth Seven-day moving average (7DMA) of new COVID-19 cases Source: EPG, MAS estimates Source: WHO and EPG, MAS estimates The G3 economies appear to
    • Chart 3.6 The momentum of core price increases has picked up and Chart 3.7 inflationary pressures have broadened Measures of inflation Proportion of core CPI with inflation above historical average 21 Source: DOS and EPG, MAS estimates Source: EPG, MAS estimates Note: The
    • MAS
    • Notices

    Last revised date:

    • Amendment Notes 05 Mar 2020 MAS 114 (Amendment) 2020 (978 KB) takes effect on 31 Mar 2020 22 Apr 2013 MAS 114 (Amendment) 2013 (64.7 KB) takes effect. 01 Apr 2011 MAS 114 dated 1 Apr 2011 (141.1 KB) takes effect.
    • [MAS Notice 114 (Amendment) 2013] 19 MAS Notice 114 dated 28 March 2002 is cancelled. Notes on History of Amendments 1.
    • [MAS Notice 114 (Amendment) 2013] Notice No : MAS 114 (Amendment) 2013 Issue Date : 22 April 2013 REINSURANCE MANAGEMENT Introduction 1.
    • MAS
    • Media Releases

    Last revised date:

    • effort by MAS and KPMG.
    • The Monetary Authority of Singapore (MAS) has the opportunity to underpin the realisation of the Smart Nation Vision by engineering the By creating payment solutions that are swift, simple, secure, accessible to all and accepted by all, the MAS will help achieve the Smart Nation Vision.
    • Singapore, 19 August 2016...The Monetary Authority of Singapore (MAS) today articulated strategies to promote electronic payments in Singapore, and has published a “Singapore Payments Roadmap” which it has commissioned KPMG Advisory to produce.
    • MAS
    • Speeches

    Last revised date:

    • In this regard, let me highlight two things that MAS is doing.
    • MAS has progressively adjusted this requirement. 1 However, the current MAS requirement of 12% Total CAR of which 8% must be Tier 1 capital still exceeds those in other major financial centres. 42   As part of MAS' efforts to keep our regulatory framework up-to-date with international best practices,
    • I am sure the industry will be pleased to know that MAS has completed the review.  MAS will announce the details at a press conference tomorrow evening.  I will touch briefly on the three components of the revisions.
    • MAS
    • Media Releases

    Last revised date:

    • (MAS) is Singapore’s central bank and integrated financial regulator.
    • The SFF is organised by the Monetary Authority of Singapore (MAS) in partnership with The Association of Banks in Singapore and in collaboration with SingEx Holdings. Find out more at www.fintechfestival.sg .
    • Singapore, 19 November 2020… The Monetary Authority of Singapore (MAS) and Enterprise Singapore (ESG) announced today that more than 40 global satellite events will take place across the world as part of the Singapore FinTech Festival (SFF) x Singapore Week of Innovation & TeCHnology (SWITCH) 2020. 2
    • MAS
    • Speeches

    Last revised date:

    • It is also a key partner of MAS in enhancing the prudential and professional standards of the general insurance industry.  MAS and GIA have always enjoyed a good working relationship and I look forward to working with the new MC over the next year.
    • MAS supports the efforts of the ARB in seeking to continually upgrade the professional standards of agents. 
    • MAS has a Financial Training Scheme that is available to the insurance industry.  This provides co-funding for staff training in specialised areas.