Showing 5563 Documents for "MAS"
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- MAS
- Speeches
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- The MAS sukuk is the Shariah-compliant equivalent of the Singapore government securities. As such, we have also made sure that the sukuk also qualifies as eligible asset under MAS liquidity framework for banks in Singapore.
- Mr Jaseem Ahmed, Secretary-General, Islamic Financial Services Board (IFSB) Ladies and gentlemen Good morning 1 I would like to extend a warm welcome to our overseas friends and thank the IFSB for providing the Monetary Authority of Singapore (MAS) the opportunity to host this year’s Islamic Capital
- Using this approach, MAS has progressively provided clarity on the application of our regulatory framework to the main Shariah-compliant financing arrangements such as Murabahah, Mudarabah, Ijara, Diminishing Musharaka and Istisna. 14 In 2009, MAS also launched our own sukuk facility; issuing to enable
- MAS
- Media Releases
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- Singapore, 31 May 2018… The Commercial Affairs Department (CAD) of the Singapore Police Force and Monetary Authority of Singapore (MAS) advise the public to exercise extreme caution when dealing with unregulated online trading platforms. 2 CAD and MAS have received an increasing number of complaints
- Deal with regulated persons Consumers are strongly encouraged to only deal with persons regulated by MAS. MAS regulatory regime aims at safeguarding the interest of consumers by ensuring that only competent and professional persons may provide financial services.
- (Refer to infographic in Annex) 5 Mr Lee Boon Ngiap, Assistant Managing Director (Capital Markets), MAS, said, “There is no regulatory safeguard for investors who choose to transact on unregulated trading platforms.
- MAS
- Notices
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- - BORDER ARRANGEMENTS) (FOREIGN RELATED CORPORATIONS) REGULATIONS 2021 1 1.1 SPECIFIED PERSONS INTRODUCTION This Notice is issued pursuant to section 27B of the Monetary Authority of Singapore Act (Cap. 186) (MAS Act) and applies to all specified persons as defined under regulation
- MAS Notice SFA04-N19 8 October 2021 NOTICE TO SPECIFIED PERSONS MONETARY AUTHORITY OF SINGAPORE ACT, CAP. 186 PREVENTION OF MONEY LAUNDERING AND COUNTERING THE FINANCING OF TERRORISM IN RELATION TO CROSS-BORDER ARRANGEMENTS UNDER THE SECURITIES AND FUTURES (EXEMPTION FOR CROSS
- SFA, MAS Notice 824; and (b) (c) (d) 3 -------- (e) in relation to a Specified Regulated Entity that is a direct life insurer exempted from the requirement to hold a capital markets services licence under section 99(1)(d) of the SFA, MAS Notice 314; and Specified
- MAS
- Media Releases
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- MAS will continue to assess such applications taking into account, inter alia, MAS’ assessment and the views of the Audit Committee of the bank in respect of the quality of the external audit.
- Singapore, 21 October 2008...The Monetary Authority of Singapore (MAS) today announced that it is prepared to allow the three local banks incorporated in Singapore to reappoint their current audit firms beyond five years.
- MAS believes the banks would benefit from some degree of audit continuity during these challenging times. 3 The three local banks will continue to be required to submit annually for MAS’ approval, the name of the auditor they propose to appoint or reappoint for each financial year.
- MAS
- Media Releases
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- The Monetary Authority of Singapore (MAS) announced the following changes to its senior management team: Mrs Foo-Yap Siew Hong, currently Assistant Managing Director (Special Projects) in the Managing Director’s Office, will retire from MAS on 31 March 2014.
- She has made a significant impact across a variety of MAS’ functions and has helped to lay the foundation for MAS’ early approach to banking supervision, formulated the tools and techniques for risk-based supervision, and groomed a generation of MAS bank supervisors.
- The changes will take effect on 1 April 2014. 2 Paying tribute to Mrs Foo-Yap Siew Hong, Mr Ravi Menon, Managing Director, MAS, said “Siew Hong has given 39 years of dedicated service to MAS.
- 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
- Consultations
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- MAS Response 3.2.2 MAS agrees with industrys feedback.
- MAS Response 9.1.2 MAS agrees and has amended the Guidelines.
- MAS Response 4.2 MAS agrees and has removed the above requirement to achieve consistency with the other Notices.
- MAS
- Media Releases
Last revised date:
- 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
Last revised date:
- 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.