Showing 5563 Documents for "MAS"

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    • MAS
    • Guidance

    Last revised date:

    • shell This *This paper sets out MAS supervisory expectation of effective AML/CFT frameworks and controls to address the risks and typologies. The paper does not impose any new regulatory obligations, and is derived from MAS banking inspection findings.
    • Sets out MAS’ supervisory expectations of financial institutions’ ("FIs") controls to address the misuse of legal persons risks and typologies observed.
    • MAS conducted a series of thematic AML/CFT inspections targeted at assessing the effectiveness of banks’ controls in mitigating risks from the misuse of legal persons.
    • MAS
    • Subsidiary Legislation

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    • , is the amount specified in MAS Notice 133 as the lower solvency intervention level
    • RAVI MENON Managing Director, Monetary Authority of Singapore. [ID 05.1 V.31; AG/LEGIS/SL/142/2020/1 Vol. 2]
    • Notice 131, the following definition: MAS Notice 133 means the notice commonly known as MAS Notice 133 issued by the Authority under sections 18 and 64(2) of the Act, as amended from time to time, and includes any notice that replaces it;; (d) by inserting, immediately after the definition of share
    • MAS
    • FAQs

    Last revised date:

    • Select Next Step to proceed -------- 4.5 Submission of Form 8/10 as an Approver (continued) Select Submit to MAS to submit the bulk notification to MAS.
    • Complete the confirmation by ticking on the checkboxes Select Next Step to proceed CONFIDENTIAL CONFIDENTIAL Slide 57 of 111 -------- 4.3 Submission of Form 3D as an Approver (continued) Select Submit to MAS to submit the bulk notification to MAS.
    • Complete the confirmation by ticking on the checkboxes CONFIDENTIAL CONFIDENTIAL Select Next Step to proceed Slide 71 of 111 -------- 4.4 Submission of Form 6/7 as an Approver (continued) Select Submit to MAS to submit the bulk notification to MAS.
    • MAS
    • Economic Essays

    Last revised date:

    • MAS (2001a) also reported similar results.     
    • Monetary Authority of Singapore (2001b), Box Item 3.1: Investigating the Exchange Rate Passthrough  Relationship in Singapore, Economics Department Quarterly Bulletin, Vol III Issue 3, pp.4754.    Monetary Authority of Singapore  Economic Policy Department
    • First,  there  is  complete  exchange  rate  passthrough  in  the  long  run,  similar  to  the  findings  in  MAS  (2001b).4   An  appreciation  of  the  S$NEER  provides  cost  savings  to  importers  in  the  shortrun.   
    • MAS
    • Media Releases

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    • Authority of Singapore The Monetary Authority of Singapore (MAS) is Singapores central bank and integrated financial regulator.
    • The Festival is organised by the Monetary Authority of Singapore (MAS) in partnership with The Association of Banks in Singapore and in collaboration with SingEx Holdings. Find out more at www.fintechfestival.sg.
    • Singapore, 2 October 2019… The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) announced today that 40 finalists have been shortlisted for the FinTech Awards  to be presented at this year’s Singapore FinTech Festival x Singapore Week of Innovation and Technology
    • MAS
    • Parliamentary Replies

    Last revised date:

    • Banks and other credit card issuers are supervised by the Monetary Authority of Singapore (MAS), and are expected to behave prudently when extending credit.
    • Currently, MAS permits credit card companies to offer credit cards and unsecured credit facilities only to individuals with a minimum annual income of $30,000.
    • To this end, MAS recently launched a national financial education programme, MoneySENSE, to help Singaporeans acquire the skills and knowledge to better manage their finances. 
    • MAS
    • Media Releases

    Last revised date:

    • The Monetary Authority of Singapore (MAS) has today announced that it has received in-principle agreement from CLS Group and CLS Bank International (CLS Bank) to include the Singapore Dollar as an eligible currency of CLS Bank.
    • In July 2001, MAS published a report on FX settlement risk practices in Singapore, highlighting that interbank exposures arising from current settlement practices could be significant. 
    • By participating in CLS, Singapore joins the G10 central banks in their effort to reduce foreign exchange (FX) settlement risk worldwide 1 . 2   The in-principle agreement is a result of industry efforts to reduce FX settlement risks, with MAS' support.
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 6 October 2017… The Monetary Authority of Singapore's (MAS) Cyber Security Advisory Panel (CSAP) 1 discussed strategies to enhance the cyber resilience of Singapore’s financial sector, at its inaugural meeting on 5-6 October.
    • Mr Ravi Menon, Managing Director, MAS, who chaired the CSAP meeting, said “It was a rich and engaging discussion.  The meeting provided MAS an opportunity to validate its strategy for strengthening cyber resilience in the financial sector and to identify areas where we need to do more. 
    • CSAP members also met DPM Tharman Shanmugaratnam, Chairman of MAS, and exchanged views on developing talents and capabilities in cyber security. 7 The CSAP will convene again in 2018 for its next annual meeting. 1 The media release ‘MAS Sets Up International Advisory Panel for Cyber Security’ can be
    • MAS
    • Speeches

    Last revised date:

    • MAS’ monetary policy objective is sustainable, non-inflationary economic growth over the medium term. This will underpin confidence in the Singapore Dollar.
    •  Addendum to the President’s Address Mr Goh Chok Tong Senior Minister and Chairman, MAS 1   The past year has witnessed a period of extraordinary stress in the global financial system and a deep economic recession worldwide. 
    • Furthermore, we will enhance our crisis management capabilities to minimise fallout in the event of FI failure. 4   To complement the supervision of individual FIs, MAS will step up our macro-prudential surveillance. 
    • MAS
    • Media Releases

    Last revised date:

    • For more information, please visit www.mof.gov.sg About Monetary Authority of Singapore As Singapore's central bank, the Monetary Authority of Singapore (MAS) promotes sustained, non-inflationary economic growth through appropriate monetary policy formulation and close macroeconomic surveillance of emerging
    • MAS is also an integrated supervisor overseeing all financial institutions in Singapore -- banks, insurers, capital market intermediaries, financial advisors, and the stock exchange.
    • Being an integrated supervisor allows the MAS to adopt a consistent and progressive regulatory and supervisory approach and framework, thereby ensuring a level playing field across all market segments, sectors and activities.