Showing 4218 Documents for "DPT service"
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- MAS
- Explainers
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- Financial institutions cannot grant further unsecured credit to borrowers who are 60 days past due on any credit card or unsecured credit facility. Borrowers Who Are 60 Days Past Due If a borrower’s debt on a credit card or unsecured credit facility is 60 days past due: Financial institutions (FIs) cannot grant further unsecured credit to that borrower. Other FIs cannot increase that borrower’s credit limits, or issue them new credit cards or unsecured credit facilities. Note: The other FIs are not
- MAS
- Subsidiary Legislation
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- Sets out requirements applicable to authorised reinsurers such as the lodgement of reinsurance deposit, disclosure requirements and submission of annual returns. 30 Dec 2020 Insurance (Authorised Reinsurers) (Amendment) Regulations 2020 (53.2 KB) takes effect on 31 Dec 2020. INSURANCE ACT (CHAPTER 142) INSURANCE (AUTHORISED REINSURERS) (AMENDMENT) REGULATIONS 2020 In exercise of the powers conferred by section 64 of the Insurance Act, the Monetary Authority of Singapore makes the following
- MAS
- Consultations
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- Consultation on Guidelines on Individual Accountability and Conduct. Response VIEW DOCUMENT Response to Feedback Received_Proposed Guidelines on Individual Accountability and Conduct (1.03 MB) Annex B Response to Consult IAC (1.2 MB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Guidelines on Individual Accountability and Conduct (569.8 KB) Proposal to reinforce FI's responsibilities in promoting individual accountability and proper conduct. head RESPONSE TO FEEDBACK RECEIVED
- SSO
- Legislation
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- Power to give directions 29. —(1) The Commission may, if it is satisfied that an organisation is not complying with any provision in Parts III to VI, give the organisation such directions as the Commission thinks fit in the circumstances to ensure compliance with that provision. (2) Without prejudice to the generality of subsection (1), the Commission may, if it thinks fit in the circumstances to ensure compliance with Parts III to VI, give the organisation all or any of the following directions
- MAS
- Speeches
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- Opening Address by Mr Lim Hng Kiang, Minister for Health and 2nd Minister for Finance, at the Annual Conference of the 25th Federation of ASEAN Economic Associations Introduction Distinguished guests, ladies and gentlemen, good morning. It is my pleasure to join you today for the 25th annual conference of the Federation of ASEAN Economic Associations. May I extend a warm welcome to all delegates from our ASEAN neighbours. Since its inception in 1976, the FAEA has served as a useful forum for the
- MAS
- Media Releases
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- Singapore, 6 September 2004...The Monetary Authority of Singapore (MAS) announced that banks must obtain a written declaration from a borrower on the amount of discount, rebate or benefit received for the purchase of a property when granting a housing loan. 2. The declaration should also include the amount of loans obtained by the borrower from other financial institutions or the seller for the purchase of the property. Buyers will have to disclose these amounts, including any private arrangements
- MAS
- Parliamentary Replies
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- QUESTION NO 666 NOTICE PAPER 258 OF 2021 FOR WRITTEN ANSWER Date: For Parliament Sitting on 16 February 2021 Name and Constituency of Member of Parliament Ms Foo Mee Har, MP, West Coast GRC Question: To ask the Prime Minister (a) what is the number of borrowers who applied for relief packages offered by financial institutions to overcome financial difficulties due to the COVID-19 pandemic; and (b) what is the number of borrowers expected to have problems transitioning back to full loan repayment.
- MAS
- Media Releases
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- Singapore, 1 August 2018… The Monetary Authority of Singapore (MAS) announced today that Singapore will undergo the International Monetary Fund (IMF)’s Financial Sector Assessment Programme (FSAP) this year. The FSAP will assess the resilience of Singapore’s financial sector, the quality of MAS’ regulatory framework and supervision, and capacity of authorities to manage and resolve financial crises. This will be Singapore’s third FSAP assessment. 2 Specifically, the scope of the FSAP will include
- MAS
- Media Releases
Last revised date:
- Singapore, 3 November 2021...The Monetary Authority of Singapore (MAS) today issued a consultation paper on the classification of certain investment products as complex, whereby enhanced safeguards will apply when they are distributed to retail investors. The paper also proposes changes to increase retail investors’ access to diversified investment funds. 2 The consultation seeks to enhance the existing complex products regime Products which are well-established in the market and have terms and conditions
- MAS
- Media Releases
Last revised date:
- Singapore, 3 November 2021...The Monetary Authority of Singapore (MAS) today issued a consultation paper on the classification of certain investment products as complex, whereby enhanced safeguards will apply when they are distributed to retail investors. The paper also proposes changes to increase retail investors’ access to diversified investment funds. 2 The consultation seeks to enhance the existing complex products regime Products which are well-established in the market and have terms and conditions