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    • MAS
    • Financial Stability Reviews

    Last revised date:

    • The Monetary Authority of Singapore (MAS) conducts regular assessment of risks and vulnerabilities arising from developments in Singapore and the global economy, and assesses their implications on the soundness and stability of Singapore’s financial system. The analysis and results are contained in the Financial Stability Review (FSR), which aims to contribute to a greater understanding among market participants, analysts and the public on issues affecting Singapore's financial system. -------
    • PDPC
    • Public Consultations

    Last revised date:

    • PUBLIC CONSULTATION FOR MANAGING UNSOLICITED COMMERCIAL MESSAGES AND THE PROVISION OF GUIDANCE TO SUPPORT INNOVATION IN THE DIGITAL ECONOMY Dear Sir/Mdm We would like to submit comments for the consultation paper. For any clarifications, you may contact us at: Company Name: NTUC Income Contact Person: Daniel Mok Email: Daniel.Mok@income.com.sg Feel free to let us know if you require any clarifications. -------- A) Proposed streamlining of requirements under DNC provisions
    • PDPC
    • Public Consultations

    Last revised date:

    • Feedback Electronic form of storage normally consists of 2 types- • digitized personal records and transactions that are active/live in an application system, and • backup media of data from systems While it is possible to formulate a mechanism by which personal data active/live in an application can be removed or anonymised, it is not technically possible to do so for data in the backup media. The effort required to remove /anonymise personal data from such electronic backup
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback: Draft Deposit Insurance Agency Rules (100.3 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Draft Deposit Insurance Agency Rules (164.1 KB) RESPONSE TO FEEDBACK RECEIVED - CONSULTATION ON DRAFT DEPOSIT INSURANCE AGENCY RULES On 27 December 2005, MAS released a consultation paper inviting comments on the draft Deposit Insurance Agency Rules. The consultation period closed on 27 January 2006. MAS thanks all respondents for
    • MAS
    • Media Releases

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    • New prototype ‘Project Ellipse’ enables quick access to early warning indicators, analytics, and prudential metrics for banking supervision. The Ellipse prototype is the first to be published on BIS Open Tech , a new platform for sharing software as public goods for further testing, customising and scaling. Integrating regulatory and other data, facilitated by advanced technology, could enhance the analytical capabilities of regulators to be more forward-looking and data-driven. Singapore, 31 March
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 21 April 2023… The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) today announced the establishment of the China-Singapore Green Finance Taskforce (GFTF). The GFTF will deepen bilateral cooperation in green and transition finance between Singapore and China and facilitate greater public-private sector collaboration to better meet Asia’s needs as it transitions to a low carbon future. 2. At the inaugural meeting hosted in Chongqing today, the GFTF discussed joint
    • MAS
    • Speeches

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    • 1   Mdm Speaker, I beg to move, "That the Bill be now read a second time". 2   The Payment Systems (Oversight) Act (PSOA) was first introduced in June 2006 for the oversight of payment systems and stored value facilities (SVFs) in Singapore.  It provides the industry with regulatory clarity via a consistent and transparent framework.  The PSOA also allows MAS to adopt a risk-focused approach to designate particular payment systems which are important for Singapore’s financial stability or public
    • PDPC
    • Commission's Decisions

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    • DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1509-A533 AIA Singapore Private Limited (U.E.N. 201106386R) Decision Citation: [2016] SGPDPC 10 ... Respondent GROUNDS OF DECISION 22 June 2016 A. BACKGROUND 1. On 18 September 2015, the Personal Data Protection Commission (“Commission”) received a complaint from [Redacted] (“Complainant”), alleging that the Respondent had made an unauthorised disclosure of his personal data
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A warning was issued to AIA Singapore for failing to ensure that its disclosure of personal data belonging to an insurance policy holder to a third-party was for a reasonable purpose. Click here to find out more. DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1509-A533 AIA Singapore Private Limited (U.E.N. 201106386R) Decision Citation: [2016] SGPDPC 10 ... Respondent GROUNDS OF DECISION 22 June 2016 A. BACKGROUND 1. On 18 September 2015, the
    • PDPC
    • Public Consultations

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    • PDPC PUBLIC CONSULTATION FOR APPROACHES TO MANAGING PERSONAL DATA IN THE DIGITAL ECONOMY- 27 July 2017 Feedback from Sheela Awat, AT Law Practice LLP Question 1: Should the PDPA provide for Notification of Purpose as a basis for collecting, using and disclosing personal data without consent? Question 2: Should the proposed Notification of Purpose approach be subject to conditions? If so, what are your views on the proposed conditions (i.e., impractical to obtain consent and not expected