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- MAS
- Speeches
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- 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
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- 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
- Recent Economic Developments
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- 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
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- 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
- Macroeconomic Reviews
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- 1 MAS has maintained a neutral policy stance in 2002.
- Authority of Singapore Monetary Authority of Singapore
- The others segment comprises all other financial institutions, including MAS, CPF and merchant banks.
- MAS
- Media Releases
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- The Monetary Authority of Singapore (MAS) hosted the financial community to the MAS Evening at ArtSingapore at the Ministry of Information and the Arts Building this evening.
- Reflecting the growing rapport between MAS and the financial sector, this is the first time such an event has been held. 2 The event was to thank members of the financial community for their participation in, and contribution to, the financial sector reform initiatives MAS started in 1997.
- "These past three years of collaboration and co-operation have nurtured a closer rapport between MAS and the financial industry.
- MAS
- Media Releases
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- Singapore, 6 April 2018…The Monetary Authority of Singapore (MAS) has issued an advisory to remind financial institutions to remain vigilant, following recent reports of cyber incidents overseas where attackers attempted fraudulent fund transfers using the SWIFT system. 2 Mr Tan Yeow Seng, MAS’ Chief
- MAS has been working with financial institutions in Singapore on a number of initiatives to continuously deepen the sector’s cyber capabilities, taking into account the rapidly changing cyber threat landscape.” 3 MAS’ advisory reminds financial institutions to continue to strengthen measures to safeguard
- MAS will continue to work with our financial institutions and industry partners to enhance the financial sector’s cyber resilience. ***
- MAS
- Media Releases
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- Comments by MAS Spokesperson on Investments in Structured Products "MAS understands that many investors would have queries about their investments in structured products.
- MAS expects the FIs concerned to give priority in dealing with such queries and handle complaints promptly, in accordance with existing MAS requirements.
- MAS will continue to monitor how FIs are handling complaints they are receiving. MAS expects all financial institutions to have in place proper procedures to ensure that investment products are marketed and sold appropriately.
- MAS
- Media Releases
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- In total, MAS issued 13% fewer brand new notes. 2 Mrs Foo-Yap Siew Hong, Assistant Managing Director, MAS, said, “This is the first year MAS has embarked on this initiative and we are very encouraged by the public response.
- The Monetary Authority of Singapore (MAS) announced that the Go Green “good-as-new” notes initiative this Lunar New Year has been a success: 11% of the $2 notes issued in the run-up to the Lunar New Year comprised “good-as-new” notes.
- Most importantly, MAS would like to thank the public for using the “good-as-new” $2 notes instead of brand new notes for “hong bao” during the Lunar New Year. *****