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- MAS
- Speeches
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- I thank the Financial Times for the opportunity to speak on this important topic and to reach out to an audience across the globe. WHAT HAS COVID-19 TO DO WITH SUSTAINABILITY? The climate crisis is the existential challenge of our time. Never before have the effects of climate change been more keenly felt— soaring temperatures, extreme weather events, rising sea levels. Recent wildfires in Australia and the Western United States are the worst in history. Meteorologists tracking hurricanes across
- MAS
- Speeches
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- Introduction 1. Good afternoon. It is my pleasure to join you today at this Prelude event to ACI’s inaugural Asian Financial Markets Forum to be held in October. Asian economies and financial markets have experienced remarkable growth in the last two decades, and will continue to be major contributors to global growth going forward. With this positive outlook, I am glad that the Forum will focus on “The Asian Financial Markets in the Next Decade” – a theme which is highly important and invigorating
- MAS
- Speeches
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- 1. Ladies and gentlemen, good morning. Welcome to the fourth edition of the Singapore FinTech Festival, and first edition of SFF x SWITCH. 2. We have come a long way since we began our FinTech journey in 2015. Singapore is widely recognised as one of the leading FinTech hubs in the world. 3. As shown by the opening video, we have remained true to our vision – to harness the power of technology and innovation to increase efficiency, manage risks better, create new opportunities, and improve
- PDPC
- Undertakings
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- Background The Personal Data Protection Commission (the “Commission”) was notified by Employment and Employability Institute Pte. Ltd. on 25 March 2021 of a personal data breach involving its contact centre and data intermediary, i-vic International Pte. Ltd. (“i-vic). Investigations revealed that an employee of i-vic had most likely fallen prey to a phishing attack. As a result, a malicious actor successfully downloaded the personal data belonging to 31,002 individuals, from 2 email accounts belonging
- PDPC
Last revised date:
- Background The Personal Data Protection Commission (the “Commission”) was notified by Employment and Employability Institute Pte. Ltd. on 25 March 2021 of a personal data breach involving its contact centre and data intermediary, i-vic International Pte. Ltd. (“i-vic). Investigations revealed that an employee of i-vic had most likely fallen prey to a phishing attack. As a result, a malicious actor successfully downloaded the personal data belonging to 31,002 individuals, from 2 email accounts belonging
- MAS
- Guidelines
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- Guidelines for financial advisers on the requirements in Notice FAA-N06 for the prevention of money laundering and countering the financing of terrorism. These guidelines apply to all financial advisers. They provide financial advisers with guidance on the requirements in Notice FAA-N06 on Prevention of Money Laundering and Countering the Financing of Terrorism – Financial Advisers . These guidelines should be read in conjunction with Notice FAA-N06. 24 Apr 2015 Previous version dated 24 April 2015
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Consultation Paper on Notice on Technology Risk Management (481.8 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Notice on Technology Risk Management (186.4 KB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION PAPER ON THE NOTICE ON TECHNOLOGY RISK MANAGEMENT 1 2 Introduction 1.1 On 13 June 2012, MAS conducted a consultation on the Notice on Technology Risk Management (the Notice). The proposed Notice sets out the obligations of the
- MAS
- Staff Papers
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- MAS Staff Paper No. 49, December 2008 - By Chia Der Jiun and Wang Yining Abstract Islamic finance is growing rapidly, with considerable growth of Islamic finance in regions beyond its historical boundaries and increasing cross-border Islamic financial activities. MAS has been reviewing its regulatory regime to facilitate the offering of Shariah -compliant or Islamic financial services in Singapore, so that these can be offered as part of a full suite of financial services available in our international
- MAS
- Exemptions
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- This Compliance Toolkit is to guide and facilitate insurance brokers’ compliance with the various MAS approval and reporting requirements and timelines. Resources: Compliance Toolkit for Insurance Brokers (338.5 KB) Monetary Authority of Singapore COMPLIANCE TOOLKIT FOR INSURANCE BROKERS Approvals, Notifications and Regulatory Submissions to MAS under the Insurance Act (Chapter 142) ISSUED JANUARY 2023 1 -----
- MAS
- Monographs/Information Papers
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- This information paper follows from MAS’ thematic inspection of eight Issue Managers (“IMs”), which focused on the IMs’ controls regarding the due diligence process for Initial Public Offerings, as well as placement activities. It sets out the good practices and weaknesses observed, and MAS’ expectations for IMs arising from the inspections. CORPORATE FINANCE THEMATIC INSPECTION: GOOD PRACTICES AND KEY FINDINGS INFORMATION PAPER APRIL 2023 -------- CONTENTS A. Introduction B. Expectations