Showing 4089 Documents for "payment services"

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    • MAS
    • Parliamentary Replies

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    • Question No 17 Notice Paper No. 81 of 2005 For Written Answer Date: For Parliament Sitting on 16 May 2005 Name and Constituency of Member of Parliament Assoc Prof Ong Soh Khim ____________________________________________________________ Question To ask the Senior Minister (a) whether the amendment of the Banking (Credit Card and Charge Card) Regulations in 2004 has led to the problems of the $2.6 billion card debt of Singaporeans; and (b) what are the measures that the Ministry will take to ensure
    • MAS
    • Media Releases

    Last revised date:

    •   Singapore, 20 October 2005... The Monetary Authority of Singapore (MAS) has issued revised Property Fund Guidelines ( Guidelines (321.9 KB) ) relating to the governance of real estate investment trusts (REITs). 2. The revised Guidelines aim to strengthen the oversight of managers of REITs, augment the requirements applicable to interested party transactions, enhance disclosure requirements for REITs and incorporate flexibility in key areas to accommodate domestic and overseas expansion by REITs
    • MAS
    • Media Releases

    Last revised date:

    •   Shorter pay-out periods for unit trust redemptions and Charging of marketing and promotion expenses to unit trust funds disallowed Singapore, 28 December 2001. The Monetary Authority of Singapore (MAS) today issued two Practice Directions (PDs) relating to the Handbook on Unit Trusts: PD 10 recommends when payments should be made to investors who redeem units in unit trusts, and PD 11 disallows managers to charge marketing and promotion expenses to unit trust funds. The PDs take into account
    • MAS
    • Enforcement Actions

    Last revised date:

    • Singapore, 22 January 2018… Mok Piak Liang (Mok) was sentenced to four months’ imprisonment on 19 January 2018 as a result of a conviction arising from a joint investigation conducted by the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force. The State Courts of Singapore convicted Mok for false trading under Section 197(1)(b) of the Securities and Futures Act (SFA). This case was referred by the Singapore Exchange Securities Trading Ltd
    • MAS
    • Enforcement Actions

    Last revised date:

    • Singapore, 19 December 2018…The Monetary Authority of Singapore (MAS) announced today that it has increased the ban against Mr Tim Leissner to a lifetime Prohibition Order (PO). This follows Mr Leissner’s admission to criminal charges brought against him by the United States Department of Justice (US DOJ). 2   On 13 March 2017, MAS had issued a 10-year PO against Mr Leissner, a former director of Goldman Sachs (Singapore) Pte., to prohibit him from (i) performing any regulated activity under the
    • MAS
    • Parliamentary Replies

    Last revised date:

    • QUESTION NO 543 NOTICE PAPER 227 OF 2021 FOR ORAL ANSWER Date: For Parliament Sitting on 16 February 2021 Name and Constituency of Member of Parliament Dr Tan Wu Meng, MP, Jurong GRC Question: To ask the Prime Minister (a) over the past three years, how many reports have been made annually by consumers regarding unauthorised online bank transactions; (b) in what proportion of cases is there 2-factor authentication (2FA) by token and SMS one-time password respectively; and (c) what is the recourse
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 22 January 2018… Mok Piak Liang (Mok) was sentenced to four months’ imprisonment on 19 January 2018 as a result of a conviction arising from a joint investigation conducted by the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force. The State Courts of Singapore convicted Mok for false trading under Section 197(1)(b) of the Securities and Futures Act (SFA). This case was referred by the Singapore Exchange Securities Trading Ltd
    • MAS
    • Media Releases

    Last revised date:

    •  Singapore, 25 February 2009...The Monetary Authority of Singapore (MAS) announced today that the revised rules for unsecured credit will be implemented on 1 March 2009. This follows extensive consultation jointly conducted by MAS and the Ministry of Law (MinLaw) with the industry and public in 2006 and 2007, where we received much feedback. MAS and MinLaw carefully considered the feedback so that while we apply a common set of rules for unsecured credit to financial institutions (FIs) regulated
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 22 June 2016…The Monetary Authority of Singapore (MAS) announced today that it will be including its Renminbi (RMB) financial investments as part of its Official Foreign Reserves (OFR) from June 2016 onwards.  This move recognises the steady and calibrated liberalisation of China’s financial markets, and the growing acceptance of RMB assets in the global portfolio of institutional investors. Since 2012, MAS has been making RMB financial investments through China’s Qualified Foreign Institutional
    • MAS
    • Parliamentary Replies

    Last revised date:

    • Question No 467 Notice Paper 305 of 2007 For Oral Answer Date: For Parliament Sitting On 22 January 2008 Name and Constituency of Member of Parliament Chiam See Tong, MP for Potong Pasir ___________________________________________________________________________________ Question To ask the Senior Minister whether the Government has any plans to promote greater confidence in our market by introducing greater internal controls in public listed companies to check the powers of financial officers to