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- Media Releases
Last revised date:
- Singapore, 19 November 2013… The Monetary Authority of Singapore (MAS) has taken civil penalty action against Mr Ng Yu Jin for contravening section 201(b) of the Securities and Futures Act (SFA), which prohibits the employment of manipulative and deceptive devices in connection with the subscription,
- . 4 MAS has also commenced civil penalty court action against Mr Phua for contravening sections 201(b) and 218(2) of the SFA.
- (iii) In determining the quantum of civil penalties to seek in such actions, MAS takes into consideration all facts and circumstances relating to the contravention and the contravening person.
- MAS
- Media Releases
Last revised date:
- Singapore, 19 August 2014… The Monetary Authority of Singapore (MAS), the Accounting and Corporate Regulatory Authority (ACRA) and the Singapore Exchange (SGX) have issued a revised Guidebook for Audit Committees in Singapore (Guidebook). 2 This is the second edition of the Guidebook which was developed
- This Guidebook was developed in consultation with the industry and stakeholders, and I would like to thank all companies and the Audit Committee Chairmen who provided their feedback.” 5 Mr Ong Chong Tee, Deputy Managing Director for Financial Supervision, MAS, said, “MAS would like to thank Mr Danny
- MOD=AJPERES ) Notes to Editor: 1 To strengthen corporate governance practices of listed companies in Singapore, MAS, ACRA and SGX established the Audit Committee Guidance Committee (ACGC) in Jan 2008 to develop practical guidance for Audit Committees in Singapore.
- MAS
- Notices
Last revised date:
- Amendment Notes 01 Jul 2021 MAS Notice 1102 dated 28 June 2021 takes effect. 01 Jul 2021 MAS Notice 1102 dated 7 September 2007 (7 KB) is cancelled . 07 Sep 2007 MAS Notice 1102 dated 07 September 2007 takes effect. 07 Sep 2007 MAS Notice 1102 dated 4 January 2005 is cancelled.
- MAS Notice 1102 dated 4 January 2005 To further ensure
- This Notice is issued pursuant to section 28 of the Monetary Authority of MAS Notice 1102 7 September 2007 NOTICE TO MERCHANT BANKS (MAS Notice 1102 dated 4 January 2005 is cancelled with effect from 7 September 2007) Appointment of Head of Treasury and Register of Dealers
- MAS
- Media Releases
Last revised date:
New initiative helps payment firms easily access specialised legal services to meet compliance needs- Singapore, 6 September 2019… The Monetary Authority of Singapore (MAS) and the Singapore Academy of Law (SAL) have launched a new Payments Regulatory Evaluation Programme (PREP) to help connect the payments industry with legal service providers.
- MAS has developed PREP to ensure that payment firms that want to engage legal services to support them in their business can do so easily and quickly.” 5 Mr.
- Information on PREP is available on the SAL’s website. 3 Following the pilot, MAS and SAL will take in feedback and make adjustments to the programme as necessary.
- MAS
- Media Releases
Last revised date:
- MAS also issues the world's smallest Lunar gold coin Singapore, 13 November 2003...The Monetary Authority of Singapore (MAS) today launched the 2004 Year of the Monkey coins and the Uncirculated Coin Set (5-cent to $5). MAS also issued the world's smallest Lunar gold coin.
- Issue price: $38.35 (inclusive of 4% GST). e) $25 Silver Proof Coin Minted in 5 troy ounce of 999 fine silver, this is the largest coin issued by MAS. Very low mintage of 250 pieces.
- Issue price: $38.35 (inclusive of 4% GST) 2004 Uncirculated Coin Set (5c to $5) 5 This set consists of 5c, 10c, 20c, 50c, $1 and the scallop-edged $5 coin with a latent image of the year-date '2004' and the MAS logo.
- MAS
- Media Releases
Last revised date:
- Singapore/Thailand, 29 April 2021… The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) today launched the linkage of Singapore’s PayNow and Thailand’s PromptPay real-time retail payment systems.
- MAS and BOT will progressively scale the PayNow-PromptPay linkage to include more participants and extend the transfer limits to facilitate business transactions. 5. Mr Ravi Menon, Managing Director of MAS, said, “The PayNow-PromptPay linkage is a pioneering effort.
- MAS’ shared objective with BOT is to work with our ASEAN counterparts to expand this bilateral linkage into a network of linked retail payment systems across ASEAN.
- MAS
- Circulars
Last revised date:
- Notice 307. 2 Please refer to para 10 of MAS Notice 320.
- MAS and SDIC would like to thank LIA and GIA members for the valuable feedback received.
- Should you have any queries, please contact your companys liaison officer in MAS.
- MAS
- Media Releases
Last revised date:
- Singapore/Thailand, 29 April 2021… The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) today launched the linkage of Singapore’s PayNow and Thailand’s PromptPay real-time retail payment systems.
- MAS and BOT will progressively scale the PayNow-PromptPay linkage to include more participants and extend the transfer limits to facilitate business transactions. 5. Mr Ravi Menon, Managing Director of MAS, said, “The PayNow-PromptPay linkage is a pioneering effort.
- MAS’ shared objective with BOT is to work with our ASEAN counterparts to expand this bilateral linkage into a network of linked retail payment systems across ASEAN.
- MAS
- Forms and Templates
Last revised date:
- (a) Form for registered insurance brokers to notify MAS of cancellation of registration; and (b) Form for approved insurance brokers to notify MAS of withdrawal of approved insurance broker status.
- After submission, FIs may view a record of their submission by logging into MAS-Tx .
- (a) Form for registered insurance brokers to notify MAS of cancellation of registration should be lodged online via FormSG ; and (b) Form for approved insurance brokers to notify MAS of withdrawal of approved insurance broker status should be lodged online via FormSG .
- MAS
- Monetary Policy Statements
Last revised date:
- MAS Core Inflation is likely to rise gradually over the course of 2018 and into 2019. Growth 4.
- MAS will continue to closely monitor economic developments. *** Related: Past Monetary Policy Decisions
- Upward pressures on MAS Core Inflation are expected to persist over the course of this year and beyond, underpinned by an improving labour market. 15. MAS has therefore decided to increase slightly the slope of the S$NEER policy band, from zero percent previously.