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    • MAS
    • Parliamentary Replies

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    • QUESTION NO 708 NOTICE PAPER 205 OF 2015 FOR ORAL ANSWER Date: For Parliament Sitting on 14 July 2015 Name and Constituency of Member of Parliament Ms Irene Ng Phek Hoong, MP, Tampines GRC Question: To ask the Prime Minister how will the default by Greece on its debt owed to the International Monetary Fund (IMF) impact Singapore, the region and the rest of the global economy and whether there are lessons to be drawn from this crisis which sees Greece becoming the first developed country to default
    • MAS
    • Parliamentary Replies

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    • Question No. 938 Notice Paper No. 44 of 2009 Question No. 969 Notice Paper No. 53 of 2009 For Oral Answer Date: For Parliament Sitting On 23 March 2009 Name and Constituency of Member of Parliament Question No 938: Cynthia Phua, MP for Aljunied GRC Question No 969: Penny Low, MP for Pasir Ris-Punggol GRC Question Cynthia Phua: To ask the Senior Minister (a) whether he will give an update on the number of credit card defaults in the past 6 months; and (b) whether MAS will ask credit card companies
    • MAS
    • Media Releases

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    • Singapore, 15 July 2014...The Monetary Authority of Singapore (MAS) today released a consultation paper on proposed amendments to its notices to financial institutions (FIs) on anti-money laundering and countering the financing of terrorism (AML/CFT). The proposed amendments draw reference from international best practices and the latest recommendations of the Financial Action Task Force (FATF), the global standard-setter for measures to combat money laundering (ML), terrorist financing (TF), and
    • PDPC
    • Public Consultations

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    • PUBLIC CONSULTATION FOR PROPOSED ADVISORY GUIDELINES ON THE PERSONAL DATA PROTECTION ACT FOR NRIC NUMBERS SUBMISSION BY THE STARHUB GROUP TO THE PERSONAL DATA PROTECTION COMMISSION 13 DECEMBER 2017 Contact Address : StarHub Ltd : Veronica Lai / Audra Balasingam 67 Ubi Avenue 1 #05-01 StarHub Green Singapore 408942 6825 5136 / 6825 5146 veronical@starhub.com audra.balasingam@starhub.com Phone Email : : -------- 1.
    • MAS
    • Media Releases

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    • Singapore, 11 January 2021… The Monetary Authority of Singapore (MAS) encourages Singaporeans to use e-hong baos during the coming Lunar New Year as they will help to reduce queues for physical notes and are more environmentally friendly.  The Association of Banks in Singapore will actively promote e-gifting for the festive season. 2          For those who prefer giving new physical notes, five banks will implement an online reservation system for such notes. This initiative will complement safe
    • MAS
    • Notices

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    • Requirements for all finance companies dealing in Singapore Government Securities. This notice applies to all finance companies. It sets out requirements on finance companies dealing in Singapore Government Securities. Amendment Notes There are no amendment notes for this notice. MAS 823 16 November 1987 NOTICE TO FINANCE COMPANIES FINANCE COMPANIES ACT, CAP 108 Dealing In Government Securities 1. A finance company may, without approval from the Authority, carry on, or include as part
    • MAS
    • Media Releases

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    • SINGAPORE, 28 May 2020… The Singapore Police Force (Police), the Infocomm Media Development Authority (IMDA) and the Monetary Authority of Singapore (MAS), have taken action to block the website of an unregulated trading platform, Arotrade. 2.     The Police received complaints from at least 40 Singapore residents about Arotrade, an online platform allegedly registered in Belize purporting to offer trading in Contracts for Difference (CFDs) for different asset classes such as stocks, foreign exchange
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback Received on Consultation on Covered Bonds (561.9 KB) Consultation Paper VIEW DOCUMENT Consultation Paper On Covered Bonds Issuance by Banks Incorporated in Singapore (462.1 KB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION ON COVERED BONDS ISSUANCE BY BANKS INCORPORATED IN SINGAPORE Introduction 1 1.1 On 9 March 2012, MAS issued a consultation paper inviting interested parties to provide their feedback to a draft MAS Notice relating
    • MAS
    • Speeches

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    •  Development of Singapore's Capital Markets 1   Good morning, ladies and gentlemen, it gives me great pleasure to welcome you to HVB's Securitisation Forum. 2  The MAS introduced major initiatives in 1998 to boost the development of our bond market. Since then, it has grown in size, breadth and depth. Riding on this, the structured products market has also taken off. I would like to share with you our initiatives to develop our bond markets and highlight recent developments in the structured products
    • MAS
    • Media Releases

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    • Singapore, 1 April 2014… The Monetary Authority of Singapore (MAS) commenced civil penalty court action against Mr Norman Phua Chun Han and has been awarded a default judgment of $2,965,414.75 against Mr Phua, comprising a civil penalty amount of $2,865,414.75, for insider trading under Section 218(2)(a) and/or Section 218(2)(b) of the Securities and Futures Act (SFA), and $100,000, for the employment of manipulative and deceptive devices in connection with the purchase and sale of securities under