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- MAS
- Speeches
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- 1 Good morning, ladies and gentlemen. 2 Let me begin by thanking the organizers for inviting me here today. Singapore's foray into Islamic finance is relatively new. I will like therefore to take the opportunity to focus my remarks on how Singapore, a major financial centre in Asia, views the development of Islamic finance, how we are responding to the growing interest and what we are doing to facilitate its development in Singapore. Growing Demand for Islamic Finance 3 The commonly cited
- MAS
- Speeches
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- Introduction 1 A very good morning to all of you. To our guests from overseas, a very warm welcome to Singapore. 2 I would like to thank the organisers for inviting me to speak at this event. Having spoken at the Inaugural launch of this Conference in 2006, I am pleased that this event is now into its fourth year. Growth & Potential of Takaful 3 A recent study by Swiss Re indicated that the takaful market has grown strongly in the past few years, with a yearly growth of about 25% between
- MAS
- Media Releases
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- Bali, 11 October 2018… The Monetary Authority of Singapore (MAS) and the Financial Services Authority of the Republic of Indonesia, Otoritas Jasa Keuangan (OJK) today signed a Memorandum of Understanding (MOU) to strengthen cooperation in FinTech and foster innovation in financial services between Indonesia and Singapore. 2. The MOU will facilitate information sharing on emerging FinTech market trends and developments, and promote joint innovation projects between both countries. As part of the
- PDPC
- Public Consultations
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- 15 July 2019 To Mr. Tan Kiat How Commissioner, Personal Data Protection Commission (PDPC) 10 Pasir Panjang Road, #03-01 Mapletree Business City, Singapore 117438 Subject: Industry Submission on the Public Consultation on Review of the Personal Data Protection Act 2012 – Proposed Data Portability and Data Innovation Provisions On behalf of the Asia Internet Coalition (“AIC”) and its members, I am writing to express our sincere gratitude to the Personal Data Protection Commission
- MAS
- Consumer Price Developments
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- This November 2014 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry. sdzkl1;Yah 2 Consumer Price Developments in November 2014 CPI-All Items inflation came in at -0.3% y-o-y in November CPI-All Items inflation fell to -0.3% in November from 0.1% in October, mainly on account of base effects associated with fluctuations in car Certificate of Entitlement (COE)
- MAS
- Consumer Price Developments
Last revised date:
- This April 2014 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry. l1;Yah 2 Consumer Price Developments in April 2014 CPI-All Items inflation rose to 2.5% y-o-y in April CPI-All Items inflation came in at 2.5% in April, compared to 1.2% in March. This increase had been anticipated in the February and March inflation reports and largely reflected a rise in car prices due
- MAS
- Guidelines
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- These Guidelines provide greater clarity on what constitutes the provision of financial advisory service under the Financial Advisers Act by setting out a two-stage test. The first stage involves determining whether the activity in question amounts to providing financial advice. The second stage involves determining whether the person is carrying on a business in such activity. Guidelines on what constitutes the provision of financial advisory service under the Financial Advisers Act. Monetary
- PDPC
- Commission's Decisions
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- Directions were issued to Kingsforce Management Services to ensure the implementation of regular patching, updates and upgrades for all software and firmware supporting its website(s) and application through which personal data in its possession may be accessed. Click here for more information. PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPCS1 Case No. DP-2202-B9480 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And
- MAS
- Media Releases
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- Singapore, 14 June 2022… The Monetary Authority of Singapore (MAS), in partnership with the International Finance Corporation (IFC) and the United Nations Development Programme (UNDP), today launched an open financial education and action programme for micro, small and medium enterprises (MSMEs) in Asia and Africa. Known as the SME Financial Empowerment (SFE) , this programme aims to help MSMEs build foundational digital financial literacy skills, and gain a good understanding of cross-border financial
- MAS
- Consumer Price Developments
Last revised date:
- T his April 2023 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry. Consumer Price Developments in April 2023 Summary MAS Core Inflation came in at 5.0% on a year-on-year (y-o-y) basis in April, unchanged from March. o Lower inflation for electricity & gas, food and retail & other goods were offset by higher inflation for travel-related services. CPI-All Items inflation rose to 5.7% y-o-y in