Showing 4218 Documents for "DPT service"

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    • MAS
    • Speeches

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    • 1   The Minister for Education, Mr Ong Ye Kung, on behalf of Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister-in-charge of the Monetary Authority of Singapore (“MAS”), today moved the Deposit Insurance and Policy Owners’ Protection Schemes (Amendment) Bill 2018 (“the Bill”) for First Reading in Parliament. BACKGROUND 2   The Deposit Insurance and Policy Owners’ Protection Schemes Act (“DI-PPF Act”) governs the operation of the Deposit Insurance (“DI”) Scheme 1 and the Policy Owners’
    • MAS
    • Media Releases

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    • Singapore, 8 March 2013...The Monetary Authority of Singapore (MAS) will exempt borrowers who are physically disabled or who are caregivers of the physically disabled from the financing restrictions on motor vehicle loans granted by financial institutions (FIs).  MAS will also take into account the depreciation in the value of a used motor vehicle in determining the applicable loan-to-value ratio limit. Exempting the Physically Disabled 2   On 25 February 2013, MAS announced financing restrictions
    • MAS
    • Media Releases

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    • Singapore, 15 May 2023… The Monetary Authority of Singapore (MAS) today launched the issuance of a $10 coin to commemorate the 100 th birth anniversary of Singapore’s founding Prime Minister, Mr Lee Kuan Yew (LKY100). The coin pays tribute to his strategic vision, boldness and indomitable spirit that transformed Singapore from a regional trading port to a global manufacturing, business and financial hub, creating opportunities for all Singaporeans. Coin Design 2. The LKY100 coin is gold in colour
    • MAS
    • Enforcement Actions

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    • Singapore, 12 February 2015 ... The Monetary Authority of Singapore (MAS) has entered into a settlement agreement with Mr Huang Zhong Xuan (Huang), former chief executive officer (CEO) of China Sky Chemical Fibre Co., Ltd (China Sky), under which Huang will pay a civil penalty of $2.5 million for making misleading public disclosures and failing to make the required disclosures to the market thereby contravening the Securities and Futures Act (SFA). 2.              Under the settlement, Huang will
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 12 February 2015 ... The Monetary Authority of Singapore (MAS) has entered into a settlement agreement with Mr Huang Zhong Xuan (Huang), former chief executive officer (CEO) of China Sky Chemical Fibre Co., Ltd (China Sky), under which Huang will pay a civil penalty of $2.5 million for making misleading public disclosures and failing to make the required disclosures to the market thereby contravening the Securities and Futures Act (SFA). 2.              Under the settlement, Huang will
    • MAS
    • Notices

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    • Requirements and principles that govern insurers' investment activities. This notice applies to all licensed insurers. It sets out the requirements and principles that govern the oversight of investment activities of insurers, including the investments of their insurance funds and shareholders' funds. Amendment Notes 30 Sep 2022 Notice 125 (Amendment) 2022 (167.8 KB) takes effect. 22 Apr 2013 Notice 125 dated 22 Apr 2013 (182 KB) [Cancelled with effect from 30 Sep 2022] 22 Apr 2013 Notice 125 (Amendment
    • MAS
    • Speeches

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    • Mr Michael Morrissey, President & CEO, International Insurance Society Distinguished delegates 1.     Let me first say how pleased we at the MAS are that you have chosen to hold your meeting in Singapore. We are especially humbled by your decision to host the meeting in Singapore in rotation with New York and London, henceforth, so that we meet in Asia, in Singapore, once every three years. 2.     It’s a challenging time for the insurance industry, and more broadly, for everyone involved in the business
    • MAS
    • Enforcement Actions

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    • First civil penalty enforcement action for failure to disclose shareholding interests Singapore, 17 January 2020… The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $200,000 on Mr Lim Soon Fang for not disclosing changes in, and providing false information regarding his shareholding in Asia-Pacific Strategic Investments Limited (ASIL) ASIL is a company listed on the Singapore Exchange Securities Trading Limited. . This is the first civil penalty action by MAS for breaches of
    • MAS
    • Enforcement Actions Media Releases

    Last revised date:

    • First civil penalty enforcement action for failure to disclose shareholding interests Singapore, 17 January 2020… The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $200,000 on Mr Lim Soon Fang for not disclosing changes in, and providing false information regarding his shareholding in Asia-Pacific Strategic Investments Limited (ASIL) ASIL is a company listed on the Singapore Exchange Securities Trading Limited. . This is the first civil penalty action by MAS for breaches of
    • MAS
    • Guidelines

    Last revised date:

    • Specifies how counterparty risk requirements should be computed for specified structured warrants. The guidelines are not applicable to capital computations after 3 April 2015 and financial returns after 1 July 2015. These guidelines apply to capital markets services (CMS) licensees: dealing in securities and trading in futures contracts; and which are members of an approved exchange or designated clearing house in respect of capital computations before 3 April 2015 and financial returns before 1