Showing 4746 Documents for "recognised market operator"

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    • MAS
    • FAQs

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    • Provides guidance on the circumstances under which a financial adviser can provide marketing materials and advice on life products offered by unlicensed insurers, as well as placing risks with unlicensed insurers. Insurance Act / Financial Advisers Act 1 Monetary Authority of Singapore INSURANCE ACT (CAP. 142) AND FINANCIAL ADVISERS ACT (CAP. 110) FREQUENTLY ASKED QUESTIONS (FAQs) ON SECTION 6 OF THE INSURANCE ACT AND SECTION 33 OF THE FINANCIAL ADVISERS
    • MAS
    • Media Releases

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    • Singapore, 13 November 2004...The Monetary Authority of Singapore (MAS) will issue a series of coins from 2004 to 2008 to commemorate the Urban Redevelopment Authority's (URA) Identity Plan.  The first series is launched today in conjunction with URA's Old World Charm Heritage Trail. 2   URA's Identity Plan aims to preserve the unique "essence" of places that are close to Singaporeans' hearts by recognising, retaining and enhancing them. These areas are grouped into various clusters.  MAS will issue
    • MAS
    • Recent Economic Developments

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    • This is a quarterly brief which aims to provide a quick pictorial summary of recent economic developments in the Singapore economy. nph 7 Real Sector RECENT ECONOMIC DEVELOPMENTS IN SINGAPORE Q4 Full Year Q1 Q2 2017 3.6 2.1 5.8 10.4 Q3 5.5 11.2 19.3 7.6 7 September 2018 2018 3.6 - 10.4 8.8 4.5 2.2 3.9 0.6 10.8 10.5 1.1 9.3 Real GDP Growth, y-o-y % Real GDP Growth, q-o-q saar % Index of Industrial Production
    • MAS
    • FAQs

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    • Provides clarifications to some frequently asked questions on the conduct of RMB business activities in Singapore. Annex A Frequently Asked Questions Q1 A Q2 A Q3 A Q4 A Q5 A RMB Market Will there be fungibility between RMB funds held in Singapore and that of other locations? As there are no restrictions on the flow of RMB funds in and out of Singapore, RMB funds held in Singapore will be fungible with that in countries outside
    • MAS
    • Guidance

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    • Sets out MAS’ supervisory expectations of sound practices where AML/CFT control functions are outsourced. The paper is based on inspections of capital markets intermediaries, but the takeaways are applicable to other financial institutions, with the appropriate calibrations. MAS conducted a series of thematic inspections of capital markets intermediaries (“CMIs”) to assess the adequacy of their oversight of AML/CFT service providers (“ASPs”), and their understanding of the key control functions outsourced
    • MAS
    • Enforcement Actions

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    • Singapore, 14 November 2019… The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $11.2 million on UBS AG (UBS), for acts of its client advisors that contravened section 201(b) of the Securities and Futures Act (SFA). The client advisors had engaged in acts that deceived or were likely to deceive clients about the spreads and/or interbank prices for transactions in over-the-counter (OTC) bonds and structured products. The enforcement action followed UBS’ reporting of the misconduct
    • MAS
    • Speeches

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    • Mr Jaspal Bindra, Chief Executive of SCB Asia, Mr Ray Ferguson, Distinguished guests, Ladies and gentlemen, I am delighted to join you today for the launch of Standard Chartered Bank (Singapore) Limited. Standard Chartered has a history spanning more than 150 years in Singapore, and has played a significant role in the development of Singapore’s financial sector. Very few companies have such a long history. Employees and customers of Standard Chartered should be proud to be part of this. Somebody
    • MAS
    • Speeches

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    • Mr François Villeroy de Galhau, Governor, Banque de France, distinguished guests, ladies and gentlemen, good morning. I thank Banque de France for the opportunity to share my thoughts at this Lecture. Both France and Singapore are mature economies, enjoying a high per capita income but reaching the limits of growth through increases in factor inputs. If we are to continue growing and enrich the lives of our citizens, it must be through innovation. And if we are to spread the benefits of growth, innovation
    • MAS
    • Speeches

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    •  Mr Pierre Buhler, French Ambassador to Singapore Mr Steve Forbes, President & CEO of Forbes Mr Philippe Collas, CEO of Global Investment Management Services, SG Mr Daniel Truchi, Global CEO of SG Private Banking Mr Pierre Baer, CEO of SG Private Banking (Singapore) Distinguished Guests, 1   It brings me great pleasure to join you here at the opening ceremony of the new office for SG Private Banking. SG’s presence in Asia and Singapore 2   SG Private Banking has had a long history of over one hundred
    • MAS
    • Speeches

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    •  Introduction Thank you very much Terence. Good afternoon ladies and gentlemen. I?m very happy to be invited to speak to you again. I was here a year ago, and being back here gives me an opportunity to tell you once again how important the GIA is to Singapore, and to the Monetary Authority. The General Insurance Industry in 2003 Last year when I spoke to you, I talked about some of the challenges facing the industry both globally and locally. The President has mentioned some of these challenges.