Showing 4218 Documents for "DPT service"

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    • MAS
    • Media Releases

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    •  Singapore, 19 December 2006...The Monetary Authority of Singapore (MAS) announced today that MEPS+, the new MAS Electronic Payment System, was implemented successfully on 9 December 2006. MEPS+ is the new real-time gross and government securities settlement system that replaces MEPS, which began operation in 1998. 2   As a national interbank payment system, MEPS+ enables participants to make immediate settlement of funds and Singapore Government Securities (SGS) transactions. The system has been
    • MAS
    • Speeches

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    • 1   Mr Lim Hng Kiang, Minister for Trade and Industry (Trade), and Deputy Chairman, Monetary Authority of Singapore, on behalf of Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge of the Monetary Authority of Singapore (“MAS”), today moved the Payment and Settlement Systems (Finality and Netting) (Amendment) Bill (the “Bill”) for First Reading in Parliament. BACKGROUND 2   The Payment and Settlement Systems (Finality and Netting) Act (Cap. 231) (the "FNA") was enacted in 2002
    • MAS
    • Consultations

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    • Consultation Paper VIEW DOCUMENT Second Consultation Paper on Policy Owners' Protection Fund (526.8 KB) CONSULTATION PAPER P010 - 2009 December 2009 Second Consultation on Policy Owners' Protection Fund -------- SECOND CONSULTATION PAPER ON POLICY OWNERS PROTECTION FUND DECEMBER 2009 for insurance life and general PREFACE Currently, the Insurance Act provides for separate Policy Owners to Protection Fund (PPF) schemes compensate policy owners of life policies
    • MAS
    • Consultations

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    • This consultation paper sets out the proposed amendments to the Insurance Act 1966 and the Insurance (Intermediaries) Regulations, which take into account regulatory and market developments, as well as align where appropriate, the regulatory framework for insurance with that of other financial activities regulated by MAS. Consultation Paper VIEW DOCUMENT Consultation Paper on Amendments to the Insurance Act and the Insurance (Intermediaries) Regulations (446.5 KB) CONSULTATION PAPER P012 - 2022
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 2851 NOTICE PAPER 1698 OF 2019 FOR WRITTEN ANSWER Date: For Parliament Sitting on 2 September 2019 Name and Constituency of Member of Parliament Er Dr Lee Bee Wah, MP, Nee Soon GRC Question: To ask the Prime Minister (a) whether there is an increasing number of cases of monies wrongly credited by a person to a bank account of an individual; and (b) whether our banks are required to freeze such monies and return them to the rightful sender and, if not, why. Answer by Mr Tharman Shanmugaratnam
    • MAS
    • Exemptions

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    • This Compliance Toolkit aims to provide guidance on: Applications to be submitted for approval to MAS; and Notifications and regulatory submissions to MAS. This Compliance Toolkit serves as a guide to capital market services licensees (other than fund managers and REIT managers), exempt financial institutions (e.g. banks and finance companies) and other exempt entities (e.g. exempt corporate finance advisers) on the various approval and reporting requirements and timelines under the SFA and its subsidiary
    • MAS
    • Media Releases

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    • Singapore, 5 October 2017... The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) announced today that the consortium which they are leading has successfully developed software prototypes of three different models for decentralised inter-bank payment and settlements with liquidity savings mechanisms. 2 The project, conducted together with 11 financial institutions and five technology companies 1 , is the Phase 2 of Project Ubin 2 , which explores the use of Distributed
    • MAS
    • Speeches

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    • by Lee Hsien Loong, Deputy Prime Minister, Singapore and Chairman, Monetary Authority of Singapore, at the William Taylor Memorial Lecture Basel, Switzerland, 21 September 2000, 4.15pm Basel, 10.15pm Singapore INTRODUCTION 1   Three years have passed since the Asian crisis struck in 1997. The crisis showed how unstable the international financial system could be, and how vulnerable apparently strong Asian economies were to a sudden shock. It has caused a searching reappraisal of the benefits and
    • MAS
    • Consultations

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    • This consultation paper sets out more specific proposals, following the first consultation of the roadmap for MAS’ review of the RBC framework in June 2012. The consultation paper also contains the detailed technical specifications for insurers to conduct a full scope Quantitative Impact Study (“QIS”) to fully understand the impact of RBC 2. Consultation Paper VIEW DOCUMENT Consultation Paper on RBC 2 Review - Second Consultation (1.38 MB) Response: 15 July 2016 - Consultation Paper on RBC 2 Review
    • MAS
    • Consultations

    Last revised date:

    • This consultation paper sets out more specific proposals, following the first consultation of the roadmap for MAS’ review of the RBC framework in June 2012. The consultation paper also contains the detailed technical specifications for insurers to conduct a full scope Quantitative Impact Study (“QIS”) to fully understand the impact of RBC 2. Consultation Paper VIEW DOCUMENT Consultation Paper on RBC 2 Review - Second Consultation (1.38 MB) Response: 15 July 2016 - Consultation Paper on RBC 2 Review