Showing 4089 Documents for "payment services"

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    • MAS
    • Media Releases

    Last revised date:

    • 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
    • MAS
    • Speeches

    Last revised date:

    • 1.     Good morning, and thank you for inviting me to speak at this first virtual career fair by the Institute of Banking and Finance (IBF) for the financial services sector. Opening 2. The financial services sector is a key contributor to Singapore’s economy, and has provided good job opportunities for Singaporeans. In 2019, the sector accounted for 13.3% of GDP Refers to Financial and Insurance activities, excluding holding companies (expressed in nominal terms). and employed more than 170,000
    • PDPC

    Last revised date:

    • GUIDE TO DISPOSAL OF PERSONAL DATA ON PHYSICAL MEDIUM Published 20 July 2016 Revised 20 January 2017 -------- GUIDE TO DISPOSAL OF PERSONAL DATA ON PHYSICAL MEDIUM (revised 20 January 2017) TABLE OF CONTENTS PART 1: OVERVIEW ..................................................................................................................... 3 1 2 Introduction to Personal Data and Relevant Obligations ................................................... 3 Purpose and
    • PDPC
    • Help & Resources

    Last revised date:

    • This guide is for persons responsible for data protection within an organisation, in particular for persons handling and disposing personal data stored or captured on a physical medium. With a focus on personal data stored on paper, and shredding being used as a disposal method, this guide seeks to provide information on common topics related to disposal of personal data; good practices that organisations should undertake in disposal of personal data; examples of common mistakes that organisations
    • MAS
    • Consumer Price Developments

    Last revised date:

    • This April 2021 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry. \sys  Consumer Price Developments in April 2021  Summary  0.5% in March.   MAS Core Inflation edged up to 0.6% on a yearonyear (yoy) basis in April, from   o This was driven by smaller declines in the costs of electricity & gas and  retail & other goods.   CPIAll Items inflation rose to 2.1% yoy in April, from 1.3% in March.  o This
    • MAS
    • Forms and Templates

    Last revised date:

    • Form for licenced trust companies and exempt persons providing trust services to provide information on assets under trusteeship, within 60 days from the end of the calendar year. TRUST COMPANIES ACT (CAP.336) TRUST COMPANIES REGULATIONS TRUST COMPANIES (EXEMPTION) REGULATIONS OMNIBUS STATEMENT OF TRUST ACCOUNTS UNDER REGULATION 19(1) OF TRUST COMPANIES REGULATIONS AND REGULATION 5 OF TRUST COMPANIES (EXEMPTION) REGULATIONS FORM 6 Explanatory Notes 1. Statistics
    • MAS
    • Monetary Policy Statements

    Last revised date:

    • 13 April 2018 INTRODUCTION 1. In the October 2017 Monetary Policy Statement, MAS kept the slope of the Singapore dollar nominal effective exchange rate (S$NEER) policy band at zero percent, with no change to the width of the policy band or the level at which it was centred. This policy stance was assessed to be appropriate given the broadly stable outlook for GDP growth and MAS Core Inflation. Chart 1 S$ Nominal Effective Exchange Rate (S$NEER) 2.     Since October 2017, the S$NEER has appreciated
    • MAS
    • Enforcement Actions

    Last revised date:

    • Singapore, 1 November 2017…The Monetary Authority of Singapore (MAS) announced today that it has issued Prohibition Orders (POs) against Mr Ang Wee Keng Kelvin and Mr Lee Chee Waiy. MAS has also served notice of its intention to issue a PO against Mr Yeo Jiawei. Mr Kelvin Ang and Mr Lee Chee Waiy Further to its announcement on 30 May 2017, MAS has issued 6-year POs against Mr Ang and Mr Lee with effect from 30 October 2017. Mr Ang, a former representative of Maybank Kim Eng Securities Pte Ltd, was
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 1 November 2017…The Monetary Authority of Singapore (MAS) announced today that it has issued Prohibition Orders (POs) against Mr Ang Wee Keng Kelvin and Mr Lee Chee Waiy. MAS has also served notice of its intention to issue a PO against Mr Yeo Jiawei. Mr Kelvin Ang and Mr Lee Chee Waiy Further to its announcement on 30 May 2017, MAS has issued 6-year POs against Mr Ang and Mr Lee with effect from 30 October 2017. Mr Ang, a former representative of Maybank Kim Eng Securities Pte Ltd, was
    • MAS
    • Orders

    Last revised date:

    • Order to include provide credit rating services as a regulated activity under the Securities and Futures Act. No. S 20 - SECURITIES AND FUTURES ACT (CHAPTER 289) SECURITIES AND FUTURES ACT (AMENDMENT OF SECOND SCHEDULE AND OTHER PROVISIONS FOR PROVISION OF CREDIT RATING SERVICES) ORDER 2012 In exercise of the powers conferred by section 340(1) and (2) of the Securities and Futures Act, Deputy Prime Minister Tharman Shanmugaratnam, charged with the responsibility for the portfolio