Showing 5563 Documents for "MAS"

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    • MAS
    • Economic Essays

    Last revised date:

    • Monetary Authority of Singapore  Economic Policy Department
    • Source: CEIC and EPD, MAS estimates  Note: Shares are based on weights of electricity, gas,  LPG, and petrol in the CPI basket. 
    • Monetary Authority of Singapore  Economic Policy Department -------- EPD  calculates  that  Singapores  oil  dependence  in  production,  i.e. 
    • MAS
    • Notices

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    • [MAS Notice 322 (Amendment) 2018] [MAS Notice 322 (Amendment) 2018] 4.
    • [MAS Notice 322 (Amendment) 2018] 3.
    • [MAS Notice 322 (Amendment) 2018] 3.
    • MAS
    • Financial Sector Development Fund Annual Report

    Last revised date:

    • It is controlled and administered by the Monetary Authority of Singapore (MAS or the Authority), located at 10 Shenton Way, MAS Building, Singapore 079117. The Authority provides administrative and accounting support to the Fund.
    • It is controlled and administered by the Monetary Authority of Singapore (MAS), and is used for the objects and purposes set out in Section 128 of the Act, namely: the promotion of Singapore as a financial centre; the development and upgrading of skills and expertise required by the
    • Other Information The management of the Monetary Authority of Singapore is responsible for the other information.
    • MAS
    • Parliamentary Replies

    Last revised date:

    • MAS expects to support more banks in developing such frameworks under the GSLS. 6.      To promote awareness and encourage take-up of the GSLS, MAS is partnering Enterprise Singapore (ESG) and banks to reach out to SMEs. ***
    • Under this track, MAS provides greater funding support to banks when they develop loan frameworks that are targeted at SMEs.
    • Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1.      MAS’ Green and Sustainability-Linked Loan Grant Scheme (GSLS) aims to support companies of all sizes, including SMEs Green loans are loans whose proceeds can only be used for green equipment or projects.
    • MAS
    • Letters to Editor

    Last revised date:

    • Jerome Lee Director (Corporate Communications) Monetary Authority of Singapore
    • The Monetary Authority of Singapore (MAS) requires financial institutions (FIs) selling all investment products to conduct product suitability assessments, information disclosures and pre-transaction reviews as explained in our earlier reply, “Checks In Place For Banks Selling Investment Products” on
    • These documents may be reviewed during internal and external audits, the FI’s investigations into customer complaints, as well as MAS’ inspections.
    • MAS
    • Letters to Editor

    Last revised date:

    • Mr Quah asked if the interest rates on loans to SMEs should be closer to the 0.1% rate at which the Monetary Authority of Singapore (MAS) lends to eligible financial institutions under the MAS SGD Facility for ESG Loans . 
    • The first is the cost of funds to the lender; here MAS’ low-cost funding works directly to reduce the price of the loan.
    • Jerome Lee (Mr) Director (Corporate Communications) Monetary Authority of Singapore Alethea Nah (Ms) Director (Corporate Communications) Enterprise Singapore
    • MAS
    • Parliamentary Replies

    Last revised date:

    • MAS also supervises financial institutions, including digital advisers by conducting offsite reviews and onsite inspections.
    • There is hence an effective regulatory and supervisory framework to supervise digital advisers, but MAS continues to review and improve the system . * * *
    • Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1. Financial advisory services are regulated under the Financial Advisers Act (FAA).
    • MAS
    • Media Releases

    Last revised date:

    •  Singapore, 17 September 2006...The Monetary Authority of Singapore's (MAS) International Advisory Panel (IAP) met today and discussed the economic outlook for Asia, as well as the challenges and opportunities for financial institutions operating in the region. 2   On Asia, IAP members were optimistic
    • Blankfein (CEO, Goldman Sachs Group), Mr Shigemitsu Miki (Chairman, The Bank of Tokyo-Mitsubishi UFJ, Ltd.), Mr Heng Swee Keat (Managing Director, MAS), Mr David Fisher (Chairman, Capital Group), Mr Lim Chee Onn (Executive Chairman, Keppel Corporation, MAS board Member), Mr Kenneth D.
    • was well-positioned to tap regional and global opportunities for growth, given its strong reputation for integrity and reliability, its connectivity with Asia and the rest of the world, and its cost-effectiveness for high value-added activities. 4   Mr Lim Hng Kiang, Minister for Trade and Industry, MAS
    • MAS
    • Media Releases

    Last revised date:

    • MAS is engaging with the industry and working closely with our partners to explore innovative payment solutions.” 6     Tim Grant, CEO of R3’s Lab and Research Center, and member of the MAS International Technology Advisory Panel, comments: “We are delighted to build on our relationship with MAS and
    • The Monetary Authority of Singapore (MAS) today announced that it is partnering R3, a Blockchain technology company, and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using Blockchain technology.
    • This will also help MAS and the industry to develop simpler to use and more efficient alternatives to today’s systems. 4     The consortium includes Bank of America Merrill Lynch, The Bank of Tokyo-Mitsubishi UFJ, Ltd, Credit Suisse, DBS Bank Ltd, The Hongkong And Shanghai Banking Corporation Limited
    • MAS
    • Parliamentary Replies

    Last revised date:

    • Answer by Mr Lawrence Wong, Acting Minister for Culture, Community and Youth on behalf of Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in Charge of MAS: 1   MAS monitors the level of household leverage in Singapore closely.
    • This is regardless of whether he borrows from a financial institution regulated by MAS, or a moneylender regulated by MinLaw.
    • MAS will continue to work with relevant government agencies to monitor household leverage and promote responsible borrowing. ***