Showing 5563 Documents for "MAS"
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- MAS
- Parliamentary Replies
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- So we need to find the right balance and consider how best to regulate, MAS is reviewing whether there is a need to refine its regulatory framework to account for changes in the investment landscape. 3 Second, MAS will continue to step up its financial education efforts.
- Let me elaborate on these measures. 2 First, MAS intends to limit the scope for entities to mislead or deceive consumers through false advertising. MAS is working with the Advertising Standards Authority of Singapore (ASAS) and other government agencies to enhance the rules on advertising.
- Mrs Chiam raised this concern in Parliament last month, and I had explained what MAS would be doing to step up its efforts to deal with such “get-rich-quick” schemes.
- MAS
- Media Releases
Last revised date:
- The Monetary Authority of Singapore (MAS) today issued a response to feedback received on the consultation paper on facilitating bond offerings to retail investors published on 1 September 2014.
- MAS has taken into account the feedback received and will propose legislation to implement the policy proposals.
- In tandem with MAS’ consultation paper, the Singapore Exchange (SGX) had separately published a consultation paper on a proposed bond seasoning framework. Today, the SGX also released its response to feedback received on its consultation paper. 2 MAS thanks all respondents for their feedback.
- MAS
- Parliamentary Replies
Last revised date:
- MAS also expects all FIs to clearly disclose fees and interest charges for their credit products.
- Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1. MAS does not dictate interest rates and fees charged by financial institutions (FIs). These are commercial decisions that should be made by the FIs, as they bear the risks of lending.
- MAS has instead put in place safeguards and disclosure requirements, to enable consumers to make informed decisions and to encourage financial prudence. 2.
- MAS
- Forms and Templates
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- After submission, FIs may view a record of their submission by logging into MAS-Tx .
- After submission, FIs may view a record of their submission by logging into MAS-Tx.
- After submission, FIs may view a record of their submission by logging into MAS-Tx. This Form should be submitted online via FormSG.
- MAS
- Forms and Templates
Last revised date:
- Form for a person who has committed an offence to accept an offer of composition by MAS. ACCEPTANCE OF OFFER OF COMPOSITION MADE BY THE MONETARY AUTHORITY OF SINGAPORE 1.
- I, _____________ [Name and NRIC/Passport Number] [If made by an officer of a body corporate, partner of partnership, or officer or member of governing body of unincorporated association, to state his position], acknowledge that the Monetary Authority of Singapore has by way of a letter
- The offer made by the Monetary Authority of Singapore is as follows: S/No 1. Offence and date of offence Composition sum offered (Brief description of the offence, and state the Act breached and the date of the breach) the provision of (State composition sum) 3.
- MAS
- Parliamentary Replies
Last revised date:
- Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1 MAS’ regulations and guidelines pertaining to banks seek to ensure that they make sound lending decisions, which support resilient and sustainable financing of our economy and the markets that they serve abroad. 2
- Through these FEAT Principles, MAS is working with financial firms to strengthen internal governance around data management and use.
- MAS will continue to proactively refine and adapt its regulatory and supervisory approach in a way that promotes innovation while safeguarding public confidence in our financial sector. ***
- MAS
- Speeches
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- MAS looks forward to working with you in 2005 and beyond. * excludes companies on run-off
- GIA serves a complementary role as the industry standards it sets are important benchmarks for MAS' assessments' of insurers' practices.
- As is now our practice, MAS will continue to actively consult with the industry whenever formulating any changes to the regulatory framework.
- MAS
- Speeches
Last revised date:
- Although MAS cannot claim to be one of the parents of the Credit Bureau, we are as proud as any parent might be.
- So if you don't use it, all other things being equal, your score from MAS will be lower. Future enhancements and corporate credit bureau The Bureau is off to a good start, but there is more to do.
- To help consumers help themselves, MAS, working with industry associations like the ABS and individual financial institutions, has embarked on an ambitious, long-term education campaign to help consumers make better financial decisions.
- MAS
- Speeches
Last revised date:
- To further enhance the financing ecosystem and position Singapore as a leading global financial centre in Asia, I am happy to announce that the Monetary Authority of Singapore (MAS) will launch a new US$ 5 billion private market programme. 8 Under this programme, MAS will allocate US$5 billion of its
- LAUNCH OF MAS US$5B PRIVATE MARKET PROGRAMME 6 In Singapore, the Private Equity and Venture Capital scene is evolving rapidly.
- To access the global talent pool, MAS together with the Ministry of Manpower, will provide flexibility in the hiring of foreign specialists.
- MAS
- Speeches
Last revised date:
- The challenge MAS posed itself was: can we create a more efficient inter-bank payment and settlement system without MAS acting as the trusted party?
- The Andhra Pradesh government and the Monetary Authority of Singapore (MAS) signed a FinTech cooperation agreement in October last year. A delegation of more than 10 FinTech startups from Singapore attended the FinTech Valley Vizag Spring Conference in March this year.
- Phase 1 of Project Ubin successfully demonstrated that banks are able to transact with one another on an Ethereum-based prototype without going through the MAS.