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- MAS
- Speeches
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- View video recording of the Fireside Chat here . View video recording of the Speech Highlights here . Mr Edmund Koh, UBS Head of Wealth Management Asia-Pacific, Ladies and gentlemen, good morning. Let me first wish everyone a happy 2018. And also thank UBS for the invitation to speak at this conference. Global growth about as good as it gets 2017 has been a good year for the global economy. World GDP is estimated to have grown by 3.8%, significantly higher than the 3.2% registered in 2016. This
- MAS
- Speeches
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- 38th Association of Banks in Singapore (ABS), Annual Dinner, Raffles City Convention Centre, Tuesday, 28 June 2011 “Bank Capital Adequacy and Institutional Structure – Singapore’s Approach” INTRODUCTION Chairman, ABS, Council members of ABS, Ladies and Gentlemen It is my pleasure to be here this evening. I was last here to deliver the keynote address in 2007, prior to the global financial crisis. 2 As economies now recover, especially in Asia, it is easy to forget how close the global financial
- MAS
- Exemptions
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- This Compliance Toolkit aims to provide guidance on: · Applications to be submitted for approval from MAS; and · Notifications and regulatory submissions to the MAS. This Compliance Toolkit should serve as a useful guide to licensed trust companies, exempt trust companies (e.g. banks, law firms) and approved CIS trustees on the various approval and reporting requirements and timelines. Monetary Authority of Singapore COMPLIANCE TOOLKIT FOR APPROVALS, NOTIFICATIONS AND OTHER REGULATORY SUBMISSIONS
- PDPC
- Commission's Decisions
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- A financial penalty of $6,000 was imposed on Grabcar for failing to make reasonable security arrangements to prevent the unauthorised disclosure of GrabHitch drivers’ personal data. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC 23 Case No DP-1706-B0871 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And GrabCar Pte. Ltd. Organisation DECISION -------- GrabCar Pte. Ltd. [2018] SGPDPC 23 Tan Kiat
- MAS
- Speeches
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- Credit Counselling Singapore: Ten years of helping individuals recover from debt problems Mr Kuo How Nam, President of Credit Counselling Singapore, Pioneers of CCS, Distinguished Guests, Ladies and Gentlemen, Good afternoon. I am very happy to be part of CCS’ 10th anniversary celebrations today. I commend CCS and its pioneers for your contributions in helping distressed borrowers over the past 10 years. 2 CCS has come a long way from its modest beginnings in 2004. It has grown in strength, winning
- MAS
- Forms and Templates
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- Form for licensed financial advisers and exempt financial advisers to notify MAS of the appointment of provisional representatives. Form 3B is to be submitted on-line using the Corporations and Representatives System (CoRe) on MASNET . MASNET is a closed communication network system operated by the Authority which a capital markets services licensee or a financial institution exempt from holding CMS Licence under section 99(1)(a), (b), (c) or (d) of the SFA, a licensed financial adviser or an exempt
- MAS
- Guidelines
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- Guidelines for financial institutions on managing their credit risk. Credit risk is the risk arising from the uncertainty of an obligor’s ability to perform its contractual obligations. These guidelines apply to financial institutions (FIs) that extend credit, and provide FIs with guidance on key principles of, and sound practices in credit risk management. The guidelines cover: Risk management strategy and organisational structure. Policies and procedures for origination, monitoring and administration
- PDPC
- Commission's Decisions
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- PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC 15 Case No DP-1705-B0799 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Spring College International Pte. Ltd. … Organisation DECISION -------- Spring College International Pte. Ltd. Mr Yeong Zee Kin, Deputy Commissioner — Case No DP-1705-B0799 24 May 2018 Background 1 This matter involves a private educational institution that posted information about its
- PDPC
- Public Consultations
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- Consultation Paper on the Proposed Approaches to Managing Personal Data in the Digital Economy Feedback on the proposed amendments to the PDPA as issued by the PDPC KPMG Services Pte Ltd 21 September 2017 1 -------- Contents 1 Executive Summary 2 2 of Personal Data Answer to the Enhanced Framework for Collection, Use and Disclosure 3 Consent and the purpose of the PDPA Challenges for Consent Internet of Things and Artificial Intelligence Fraud and security
- PDPC
- Commission's Decisions
Last revised date:
- Spring College International failed to notify and obtain consent from the parents of young students before disclosing online the students’ personal data for marketing purposes. Directions were issued to Spring College International. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC 15 Case No DP-1705-B0799 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Spring College International Pte. Ltd. Organisation