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- MAS
- Media Releases
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- Bandar Seri Begawan, 12 May 2018… The Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) today signed a FinTech Cooperation Agreement (CA) to foster innovation in financial services between Brunei Darussalam and Singapore. 2 The FinTech CA will facilitate the sharing of information on emerging FinTech trends and developments, and promote joint innovation projects between both countries. It will also establish a framework for both authorities to provide support
- MAS
- Media Releases
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- Singapore, 30 May 2015…The 20th EMEAP Governors’ Meeting was held in Singapore on 30 May 2015. The eleven EMEAP member central banks and monetary authorities participated in the meeting, which was chaired by Mr Ravi Menon, Managing Director of the Monetary Authority of Singapore. 2 Governors exchanged views on the growth prospects for the EMEAP region and the global economy. They expected that the EMEAP region would remain resilient in the face of an uncertain global economic outlook and eventual
- MAS
- Media Releases
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- Seoul, 24 October 2016… The Monetary Authority of Singapore (MAS) and the Korean Financial Services Commission (KFSC) today signed a cooperation agreement to foster greater cooperation in FinTech. The signing took place at the sidelines of the FinTech Demo Day organised by the Korean FinTech Centre. 2 The agreement provides a framework for cooperation in FinTech between Singapore and South Korea. Under the agreement, MAS and KFSC will explore potential joint innovation projects on technologies
- MAS
- Media Releases
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- Chiang Rai, Thailand, 4 April 2019… The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) today signed a Memorandum of Understanding (MOU) to strengthen cooperation in FinTech innovation between both countries. 2 Under the MOU, both countries will share information on emerging market trends and developments in FinTech, as well as regulatory issues pertaining to innovation in financial services. The two authorities will work together to conduct joint training sessions
- MAS
- Letters to Editor
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- Dear Editor, Mr Raymond Koh Bock Swi asks why MAS does not customize our minimum income requirements for retirees who want to have a credit card (“MAS rule unfair to seniors”, ST Forum, 24 September 2011). 2 In fact, MAS recognises that flexibility should be given to retirees who have the means to finance their credit card spending but who do not earn a salary. This is why we allow individuals above 55 years old to qualify for a credit card if they meet a minimum annual income requirement of
- MAS
- Letters to Editor
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- Dear Editor, We refer to Mr Vincent Ong Kok Lam’s letter “Review minimum salary requirement for credit cards” and his feedback on the income eligibility for credit cards (The Straits Times, 27 October 2016). The Monetary Authority of Singapore (MAS) has set the minimum annual income requirements for credit card at $30,000 for individuals below 55 years old. In setting the eligibility at this level of income, the MAS has to balance several objectives. The aim is to provide eligible individuals with
- MAS
- Parliamentary Replies
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- QUESTION NO 13 NOTICE PAPER 166 OF 2014 FOR WRITTEN ANSWER Date: For Parliament Sitting on 7 July 2014 Name and Constituency of Member of Parliament Mr Seah Kian Peng, MP, Marine Parade GRC Question: To ask the Prime Minister whether all banks that provide ATM facilities are required to ensure that currency notes being dispensed from these ATMs will include notes of $10 denomination and not just those of $50 and $100 denominations. Answer by Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister
- MAS
- Annual Reports
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- MAS Annual Report 00/01 - Table of Contents Annual Report 2000/2001 Table Of Contents Introduction Our Mission and Objectives Members Of The Board Chairman's Statement Management Team Organisation Structure The Singapore Economy Monetary Policy
- MAS
- Circulars
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- MAS issued the Guidelines on Margin Requirements for Non-Centrally Cleared Over-The-Counter Derivatives Contracts on 6 Dec 2016. The Guidelines will take effect on 1 March 2017. Circular No. MPI 02/2016 6 December 2016 To: All Persons who are exempt from holding a capital markets services licence under section 99(1)(a) or (b) of the Securities and Futures Act Dear Sir / Madam MAS GUIDELINES ON MARGIN REQUIREMENTS FOR NON-CENTRALLY CLEARED OVER-THE-COUNTER DERIVATIVES CONTRACTS
- MAS
- Consultations
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- Consultation Paper VIEW DOCUMENT Consultation Paper on Draft Public Disclosure Requirements for Regulatory Capital (2.82 MB) CONSULTATION PAPER P001-2022 March 2022 Draft Public Disclosure Requirements for Regulatory Capital for Singapore-incorporated Banks Monetary Authority Of Singapore 1 -------- CONSULTATION PAPER ON DRAFT PUBLIC DISCLOSURE REQUIREMENTS FOR REGULATORY CAPITAL