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- MAS
- Media Releases
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- Singapore, 30 July 2014… The Monetary Authority of Singapore (MAS) announced today the features of life insurance products that consumers can purchase directly from insurance companies, without incurring commissions (direct purchase products).
- MAS actively engaged consumer groups and industry associations over the past 10 months before settling on the features.
- Based on MAS estimate, this will amount to a gross annual income of about $44,000. This will translate to protection needs of about $400,000.
- MAS
- Media Releases
Last revised date:
- MAS has instructed SGX to take immediate remedial action to prevent a recurrence. MAS has also instructed SGX to conduct a thorough investigation to find out the root cause of the outage and submit its investigation findings to MAS.
- The MAS spokesperson reiterated that MAS will not hesitate to take appropriate regulatory and supervisory actions against SGX should lapses be uncovered in the investigations.
- Singapore, 6 November 2014 … In response to media queries, the MAS Spokesperson said that MAS takes a serious view of the trading halt experienced by SGX’s securities and derivatives markets due to multiple power supply issues.
- MAS
- Media Releases
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- Singapore, 27 June 2012…The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) signed an agreement on the establishment of a Representative Office by MAS in Beijing. 2 The establishment of the MAS representative office in Beijing will further strengthen bilateral cooperation
- between MAS and PBC, as well as with other Chinese financial authorities.
- The agreement was signed by Dr Zhou Xiaochuan, Governor of PBC and Mr Ravi Menon, Managing Director of MAS, on the sidelines of the Bank of International Settlements AGM in Basel on 23 June 2012. 3 The Beijing representative office is MAS’ third overseas representative office, in addition to its offices
- MAS
- Parliamentary Replies
Last revised date:
- Answer by Mr Lawrence Wong, Deputy Chairman of MAS and Minister for Finance, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS : 1.
- MAS will continue to work with all stakeholders to ensure that e-payments remain safe and secure. ***
- Bank customers will not have to incur any losses which arise from the banks’ non-compliance with MAS’ rules. 14. Let me reiterate: fighting fraud is a collective effort.
- MAS
- Media Releases
Last revised date:
- Accenture looks forward to continuing our partnership with MAS and the wider ecosystem in establishing Singapore as a responsible AI hub for the financial services sector.” *** Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Telephone: (65) 6225-5577 About
- Singapore, 9 November 2021… The Monetary Authority of Singapore (MAS) today announced the three winners of the inaugural Global Veritas Veritas is a framework which enables financial institutions to evaluate their AIDA-driven solutions against the FEAT principles.
- Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Telephone: (65) 6225-5577 List of Global Veritas Challenge Judges Annex B Name Lee Joon Seong Celine Le Contonnec Jermy Prenio Hans Brown Lachlan McCalman Gunjan Bhatt Zee Kin Yeong Meri Rosich
- MAS
- Speeches
Last revised date:
- MAS' Approach to Regulatory Reform 4 Industry practitioners, including compliance professionals, are understandably anxious about the final outcomes of these regulatory reforms. MAS will maintain our balanced, open and consultative approach in implementing changes to the regulatory framework.
- MAS' approach to rule-making is focused on achieving good regulatory outcomes and seeks to promote sustainable development of the financial sector and the real economy. 5 A focus on outcomes means that MAS appreciates that the risk profiles of financial institutions differ, and will apply regulation
- Let me cite a recent example: MAS' proposed enhancements to the regulatory regime for fund management companies and exempt financial intermediaries.
- MAS
- Media Releases
Last revised date:
- MONETARY AUTHORITY OF SINGAPORE 2
- Singapore, 30 March 2015…The Monetary Authority of Singapore (MAS) today provided more information on the features of Singapore Savings Bonds.
- MONETARY AUTHORITY OF SINGAPORE 1 -------- MONETARY AUTHORITY OF SINGAPORE How are Savings Bonds different from conventional SGS?
- MAS
- Media Releases
Last revised date:
- Accenture looks forward to continuing our partnership with MAS and the wider ecosystem in establishing Singapore as a responsible AI hub for the financial services sector.” *** Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Telephone: (65) 6225-5577 About
- Singapore, 9 November 2021… The Monetary Authority of Singapore (MAS) today announced the three winners of the inaugural Global Veritas Veritas is a framework which enables financial institutions to evaluate their AIDA-driven solutions against the FEAT principles.
- Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Telephone: (65) 6225-5577 List of Global Veritas Challenge Judges Annex B Name Lee Joon Seong Celine Le Contonnec Jermy Prenio Hans Brown Lachlan McCalman Gunjan Bhatt Zee Kin Yeong Meri Rosich
- MAS
- Forms and Templates
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- After submission, FIs may view a record of their submission by logging into MAS-Tx .
- After submission, FIs may view a record of their submission by logging into MAS-Tx.
- After submission, FIs may view a record of their submission by logging into MAS-Tx. Please read the explanatory notes and questions carefully before completing and lodging the notification form to the Monetary Authority of Singapore (the Authority).
- MAS
- Monetary Policy Statements
Last revised date:
- MAS Core Inflation will rise only gradually next year. Over the medium term, core inflation is still expected to trend towards but average slightly below 2%. 13. MAS will therefore maintain the rate of appreciation of the S$NEER policy band at zero percent.
- Although MAS Core Inflation is projected to rise from around 1% in 2016 to 1–2% in 2017, the ascent will be gradual. 11.
- MAS will continue to closely monitor economic developments as they evolve over the coming months. *** Related: Past Monetary Policy Decisions