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    • MAS
    • Consumer Price Developments

    Last revised date:

    • This October 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 October 2014 CPI-All Items inflation came in lower at 0.1% y-o-y in October CPI-All Items inflation slowed to 0.1% in October from 0.6% in September, mainly on account of base effects associated with fluctuations in car Certificate of Entitlement (COE) premiums, as well
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $3,000 was imposed on Smiling Orchid for failing to make reasonable security arrangements to prevent unauthorised access of its customers’ personal data on its website, whereby users could access other customers’ personal data by altering the URL of its order preview webpage. Smiling Orchid was also issued directions to conduct a security audit and to patch all identified vulnerabilities on its website. Click here to find out more. AND DECISION OF THE PERSONAL DATA PROTECTION
    • MAS
    • FAQs

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    • Guidance on the fair and balanced advertising and other advertising requirements. This set of FAQs are meant to provide guidance on the scope of “advertisements” and the fair and balanced advertising and other advertising requirements covered under the Securities and Futures (LCB) Regulations and the Financial Advisors Regulations. Monetary Authority of Singapore SECURITIES AND FUTURES ACT (SFA) AND FINANCIAL ADVISERS ACT (FAA) FREQUENTLY ASKED QUESTIONS (FAQs) ON FAIR AND BALANCED
    • MAS
    • Consumer Price Developments

    Last revised date:

    • This November 2013 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry. 1;Yah 2 Consumer Price Developments in November 2013 CPI-All Items inflation rose to 2.6% y-o-y in November CPI-All Items inflation rose to 2.6% in November from 2.0% in the preceding month. This increase had been anticipated in the October inflation report and largely reflected higher accommodation cost, which accounted
    • MAS
    • Speeches

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    •  Second Reading Speech by Mr Tharman Shanmugaratnam, Minister for Education and Deputy Chairman, Monetary Authority of Singapore Mr Speaker Sir, on behalf of the Senior Minister, I beg to move, "That the Bill be now read a second time". 2   Sir, this Bill seeks to amend the Financial Advisers Act ("FAA") concurrent with the amendments to the Securities and Futures Act ("SFA") that have been moved today. It aims to ensure that the regulation of Financial Advisers remains business friendly, while
    • MAS
    • Speeches

    Last revised date:

    •  Distinguished Guests, Ladies and Gentlemen, Good Evening. I would like to extend my heartiest congratulations to Daiwa Securities Company on the opening of Daiwa Wealth Management office in Singapore. I am honoured to be able to join you here this evening for this joyous occasion. 2   Daiwa has a long history of operating in Singapore, having first set up operations in 1972 through a joint venture with DBS Bank Ltd. Today, all of Daiwa Securities Group's main subsidiaries have established presence
    • PDPC
    • Public Consultations

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    • Feedback to PDPC Industry Engagement on NRIC Guidelines National Trades Union Congress (NTUC) -------- TABLLE OF CONTENTS ORGANISATIONS AND KEY CONTACT PERSON ......................................................................... 3 SUMMARY OF MAJOR POINTS [Redacted] ............................................................................... 4 COMMENTS TO QUESTIONS OUTLINED IN THE PUBLIC CONSULTATION DOCUMENT .......... 20 CONCLUSION ..........................................
    • PDPC
    • Practical Guidance

    Last revised date:

    • Guidance on whether the Union may collect individuals’ NRIC numbers at the outset when they sign up for union membership, for the purpose of providing services to members that would require their NRIC numbers. Click here to find out more. PRACTICAL GUIDANCE TO QUERIES ON NRIC NUMBERS BY A UNION 1. A Union (the Union) has sought guidance from the Personal Data Protection Commission (the Commission) on the application of the Advisory Guidelines on the Personal Data Protection
    • MAS
    • Media Releases

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    • Singapore, May 23, 2017... IFC, a member of the World Bank Group and the Monetary Authority of Singapore (MAS) signed a memorandum of cooperation today, agreeing to work together to establish and develop the ASEAN Financial Innovation Network (AFIN). The network aims to facilitate broader adoption of financial technology (FinTech) innovation and development, and enhance economic integration within the ASEAN region. Through AFIN, IFC and MAS plan to establish a regional network to help financial institutions
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $58,000 and $10,000 was imposed on Fullerton Healthcare and Agape CP Holdings respectively for failing to put in place reasonable security arrangements to protect personal data belonging to Fullerton Healthcare’s corporate clients and direct patients. Directions were also issued to both organisations to review and enhance processes relating to data handling processes, security audits and access controls to bolster their data protection arrangements. Click here for more information