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    • MAS
    • Media Releases

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    • 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

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    • 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

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    • 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
    • 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

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    • 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

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    • 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.