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    • MAS
    • Speeches

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    • Speech by Mr Tharman Shanmugaratnam, Deputy Managing Director, MAS, at the 4th LawAsia Business Law Conference 2000 Date: 03 Nov 2000 1   THE CHANGING FINANCIAL LANDSCAPE 1.1   I am grateful for LawAsia's invitation to address the Conference this morning. I will begin by highlighting a number of fundamental trends that are shaping the financial landscape, globally and in Asia, before discussing the challenges that they pose for the regulation and supervision of financial services. I will also provide
    • MAS
    • Consultations

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    • Consultation Paper VIEW DOCUMENT Committee on Efficient Distribution of Life Insurance Report (54.1 KB) (cid:1)(cid:2)(cid:3)(cid:4)(cid:5)(cid:6)(cid:7)(cid:7)(cid:8)(cid:1)(cid:1)(cid:3)(cid:3)(cid:4)(cid:6)(cid:9)(cid:4)(cid:3)(cid:10)(cid:10)(cid:8)(cid:5)(cid:8)(cid:3)(cid:9)(cid:1)(cid:4)(cid:11)(cid:8)(cid:12)(cid:1)(cid:13)(cid:8)(cid:14)(cid:15)(cid:1)(cid:8)(cid:6)(cid:9) (cid:6)(cid:10)(cid:4)(cid:16)(cid:8)(cid:10)(cid:3)(cid:4)(cid:8)(cid:9)(cid:12)(cid:15)(cid:13)(cid:17)(cid:9)(cid
    • MAS
    • Consultations

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    • Proposals to improve the readability of prospectuses. Response VIEW DOCUMENT Response to Feedback Received - Public Consultation on Guidelines on Good Drafting Practices for Prospectuses (279.8 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Guidelines on Good Drafting Practices for Prospectuses (127.6 KB) 1 RESPONSE TO FEEDBACK RECEIVED PUBLIC CONSULTATION ON GUIDELINES ON GOOD DRAFTING PRACTICES FOR PROSPECTUSES 1 INTRODUCTION 1.1 On 5 February 2015, MAS
    • MAS
    • Financial Sector Development Fund Annual Report

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    • FINANCIAL SECTOR DEVELOPMENT FUND INCOME STATEMENT For the year ended 31 March 2006 $'000 2005 $'000 Income/(Loss) from Investments Interest Income Dividend Income Profit on Disposal of Investments Fair Value Gain through Profit and Loss Additional Provision for Diminution in Value Foreign Currency (Loss)/Gain Less: 11,169 2,246 3,373 26,461 - (14,965) 9,631
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback on Credit Bureau Regulatory Framework and Credit Bureau Bill (147.3 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Credit Bureau Regulatory Framework and Credit Bureau Bill (477 KB) Response to Feedback Consultation on Credit Bureau Regulatory Framework And Credit Bureau Bill 2015 May CONSULTATION PAPER P006-2014 May 2015 Response to Feedback: Consultation on Credit Bureau Regulatory Framework and Credit
    • MAS
    • Media Releases

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    • Singapore, 1 November2017… The Monetary Authority of Singapore (MAS) has successfully obtained higher civil penalties against Mr Wang Boon Heng (Wang) and Ms Foo Jee Chin (Foo) for contravening section 201(b) of the Securities and Futures Act (SFA), which prohibits any conduct that operates as a fraud or deception in connection with the subscription, purchase or sale of securities. 2   At the material times, Wang, then an undischarged bankrupt, had conducted share trading for his own benefit, in
    • MAS
    • Media Releases

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    • Singapore, 20 June 2006...The Monetary Authority of Singapore (MAS) released the findings of its first mystery shopping survey on practices in the financial advisory industry. The objective of the survey was to assess the quality of the advisory and sales process. The quality of advice provided was not assessed. The survey was conducted from October 2005 to February 2006, and covered 30 licensed and exempt financial advisory firms from the banking, insurance and capital markets sectors (FIs). In
    • MAS
    • Speeches

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    • Mdm Speaker, I beg to move, “That the Bill be now read a second time”. INTRODUCTION 2   In July 2009, the International Monetary Fund (“IMF”) agreed to boost its capacity to lend to low-income countries impacted by the global financial crisis, through a new Poverty Reduction and Growth Trust (“PRGT”). The PRGT is the IMF’s concessional lending vehicle, which provides lending facilities tailored to the diverse needs of low-income countries. To fund the PRGT, IMF members agreed in 2012 to contribute
    • MAS
    • Speeches

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    • 1   Minister for National Development, Mr Lawrence Wong, today moved the Bretton Woods Agreements (Amendment) Bill 2016 (the “Bill”) for First Reading in Parliament. 2   The amendments to the Bretton Woods Agreements Act (“BWAA”) will allow the Monetary Authority of Singapore (“MAS”) to enter into arrangements with the International Monetary Fund (“IMF”) to give grants or other financial assistance, on behalf of the Government of Singapore. Safeguards are set in place over MAS’ exercise of its powers
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 616 NOTICE PAPER 351 OF 2013 FOR WRITTEN ANSWER Date: For Parliament Sitting on 16 SEPTEMBER 2013 Name and Constituency of Member of Parliament Ms Mary Liew, NMP Question: To ask the Prime Minister (a) what is the current number of Singaporeans below the age of 35 years seeking help for credit card debts; and (b) whether there are preventive measures being enforced to protect Singaporeans from falling into the spiral of credit card debts. Answer by Mr Tharman Shanmugaratnam, Deputy Prime