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    • MAS
    • Consultations

    Last revised date:

    • MAS thanks all respondents for their comments. 1.2 MAS has considered the feedback received.
    • MONETARY AUTHORITY OF SINGAPORE 1 -------- CONSULTATION PAPER ON PROPOSED AMENDMENTS TO MAS NOTICE 639 JUNE 2009 Prudential Policy Department Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 4 MAS invites interested parties to forward their comments and views
    • MONETARY AUTHORITY OF SINGAPORE 3 --------
    • MAS
    • Consultations

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    • REQUIREMENTS FOR SINGAPORE-INCORPORATED BANKS IN MAS NOTICE 637 28 DECEMBER 2017 1 Preface 1.1 On 25 July 2017, MAS consulted on proposed amendments to MAS Notice 637.
    • Notice 637 (Amendment) 2013] [MAS Notice 637 (Amendment) 2016] (e) Equity investments in funds subject to a 1250% risk weight cancelled Monetary Authority of Singapore -------- Monetary Authority of Singapore 20
    • We request that MAS consider this analysis before implementing any final LR framework. The Associations hope to continue the constructive ongoing dialogue between MAS and market participants to assist MAS in developing the LR framework.
    • MAS
    • Consultations

    Last revised date:

    • MAS will only publish non-anonymous submissions. In addition, MAS reserves the right not to publish any submission received where MAS considers it not in the public interest to do so, such as where the submission appears to be libellous or offensive.
    • MAS seeks comments on the transitional period of six months to implement the requirements proposed in this paper.......................................................................... 18 Monetary Authority of Singapore 24 -------- Monetary Authority of Singapore 25
    • MAS is hence requirements beyond to extend proposing representatives to other employees.
    • MAS
    • Annual Reports

    Last revised date:

    • MAS Annual Report 2007/08 MAS Information Resource Centre Official Opening The MAS Information Resource Centre (IRC) was re-located to the ground floor of the MAS building after undergoing major renovation in 2007.
    • Monetary Authority of Singapore 10 Shenton Way. MAS Building. Singapore 079117 www.mas.gov.sg
    • MAS Leadership Community Retreat As part of MAS annual corporate planning cycle, we held the MAS Leadership Community Retreat on 31 January and 1 February 2008.
    • MAS
    • Monographs/Information Papers

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    • MAS has powers to provide ELA under section 26 of the MAS Act, as set out in Box 1 below. It allows MAS to make any loan or advance to an FI where MAS deems it necessary to safeguard the stability of, or public confidence in, the financial system.
    • Figure 1 provides an overview of all the S$ liquidity facilities provided by MAS. 8 MAS will work with D-SIBs to facilitate this. -------- Emergency Liquidity Assistance in Singapore 8 Figure 1: MAS S$ Liquidity Facilities MAS
    • To reduce interest rate volatility and to facilitate the smooth functioning of S$ payment systems, MAS also operates two liquidity facilities1 the MAS Intra-day Liquidity Facility (ILF) and the MAS Standing Facility (SF).
    • MAS
    • Staff Papers

    Last revised date:

    • In addition, the MAS met up with the banks to get their interpretation of the results, to supplement the MAS own analysis of the stress test impact.
    • MAS Notice 612 on MONETARY AUTHORITY OF SINGAPORE 19 -------- MAS Staff Paper No. 34 August 2004 RESULTS 8.
    • See address by Chairman of MAS at the Association of Banks in Singapores 31st MONETARY AUTHORITY OF SINGAPORE 5 -------- MAS Staff Paper No. 34 August 2004
    • MAS
    • Consultations

    Last revised date:

    • MAS Response 2.2 MAS will work with the Institute of Banking and Finance (IBF) and Singapore College of Insurance (SCI) to implement the RES modules.
    • I Monetary Authority of Singapore 10 Shenton Way, MAS Building Singapore 079117 Fax: (65) 62203973 Email: cmfas@mas.gov.sg 1.5 Electronic submissions are encouraged.
    • Comments that are of wider interest, together with MAS responses, are set out below.
    • MAS
    • Speeches

    Last revised date:

    •   Tharman Shanmugaratnam Chairman, MAS Ravi Menon Managing Director, MAS Distinguished guests Ladies and gentlemen 1   I am happy to join MAS and our distinguished central bank governors, regulators and CEOs to celebrate MAS’ 40th anniversary.
    • All MAS officers have contributed to MAS’ success, and should be proud of what MAS has achieved. BENEFITTING FROM THE SINGAPORE SYSTEM 8   MAS has not done this alone. It has worked closely with industry to develop the financial sector in a stable and sustainable manner.
    • I am glad that over the past four decades, MAS has fulfilled its mission well and contributed significantly to Singapore’s development. MAS’ CONTRIBUTIONS TO SINGAPORE 3   First, MAS has ensured price stability.
    • MAS
    • Consultations

    Last revised date:

    • MAS will not prohibit RFMCs from representing themselves as being regulated or registered by the MAS.
    • MAS will maintain an online directory of Registered FMCs on the MAS website. Prior to its listing on the MAS directory, a Registered FMC will not be allowed to represent itself as being registered with MAS.
    • MONETARY AUTHORITY OF SINGAPORE -------- No.
    • MAS
    • Consultations

    Last revised date:

    • MAS Response 3.6 A Reporting Bank that publishes financial statements annually instead of quarterly may comply with paragraph 6 of MAS Notice 651 and paragraph 7 of MAS Notice 653 under limb (b).
    • Monetary Authority of Singapore 11-4 -------- CONSULTATION PAPER ON PROPOSED AMENDMENTS TO DISCLOSURE REQUIREMENTS UNDER MAS NOTICES 637, 651 AND 653 10 JULY 2017 Annex 1 DRAFT AMENDMENTS TO MAS NOTICE 637 Monetary Authority of Singapore 11-5 ---
    • Monetary Authority of Singapore 11-85 -------- CONSULTATION PAPER ON PROPOSED AMENDMENTS TO DISCLOSURE REQUIREMENTS UNDER MAS NOTICES 637, 651 AND 653 10 JULY 2017 Annex 3 DRAFT AMENDMENTS TO MAS NOTICE 653 Monetary Authority of Singapore 11-86 ----