Showing 5563 Documents for "MAS"

Filter by
Sort by

    • MAS
    • Parliamentary Replies

    Last revised date:

    • The Monetary Authority of Singapore (MAS) and the Ministry of Social and Family Development (MSF) have been working together with the insurance industry to ensure that PWDs are not discriminated against. 3.      
    • MAS and MSF have been engaging individuals and groups representing PWDs as well as industry practitioners in formulating the guidelines.
    • In particular, MAS and MSF have been formulating guidelines for insurers to adopt fair and responsible practices towards PWDs and those with mental health conditions.
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 14 October 2015… The Monetary Authority of Singapore (MAS) has taken civil penalty action against Mr Vincent Rajiv Louis for insider trading in the shares of PT Bank Danamon (Danamon) under the Securities and Futures Act (SFA). 2   Mr Rajiv was a Managing Director at UBS AG, Indonesian Branch
    • penalty of $434,912 without court action. 5   Mr Lee Boon Ngiap, Assistant Managing Director (Capital Markets), MAS, said: “The civil penalty action against Mr Rajiv, who resides in Indonesia, is significant. 
    • (iii) Notwithstanding the above, MAS may also enter into agreements with any person for that person to pay, with or without admission of liability, a civil penalty for a contravention of any provision of Part XII of the SFA.
    • MAS
    • Media Releases

    Last revised date:

    • Authority of Singapore (MAS).
    • The UK-Singapore Financial dialogue was chaired by Charles Roxburgh, Director General (Financial Services) of HM Treasury, and Jacqueline Loh, Deputy Managing Director (MAS), and attended by senior officials from MAS, HM Treasury, the FCA and the Prudential Regulation Authority.
    • The Agreement between the MAS and FCA will also create opportunities for Singapore-based companies to grow and scale into the UK market.”
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 11 May 2015…The Monetary Authority of Singapore (MAS) today released more information on how investors can buy and redeem Singapore Savings Bonds.  MAS expects the first Savings Bond to be issued in the second half of 2015. 
    • Allocation of Savings Bond 9   MAS will announce the issuance size for each Savings Bond issue before application opens.  Should the total demand for Savings Bonds exceed the amount on offer in a particular month, MAS will allocate the bonds so as to maximise the number of successful applicants. 
    • To help investors understand the features of the Savings Bonds, MAS will set up a dedicated Savings Bonds website and a public hotline for enquiries ahead of the launch of the programme. 
    • MAS
    • Parliamentary Replies

    Last revised date:

    • MAS takes this very seriously and will continue to work with the industry to invest in developing Singaporeans who are committed to a career in the financial sector. 5             In particular, MAS’ manpower development efforts focus on developing deep functional expertise, building specialist capabilities
    • These programmes aim to prepare Singaporean professionals for possible future leadership positions. 9              MAS has been working with academic institutes and industry to create a new Asian Financial Leaders Programme (AFLP). 
    • Answer by Mr Lawrence Wong, Minister for Culture, Community and Youth on behalf of Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in Charge of MAS: 1              Singapore serves as a key financial hub for the region and is well placed to benefit from the continued growth and economic
    • MAS
    • Enforcement Actions Media Releases

    Last revised date:

    • Singapore, 25 April 2022… The Monetary Authority of Singapore (MAS) has imposed civil penalties on, and issued prohibition orders (POs) against two former trading representatives, Ms Ngin Kim Choo and Mr Yeo Jin Lui, for false trading.
    • The civil penalties and prohibition orders against the two individuals reflect MAS’ firm resolve to stamp out such conduct.” Additional information (A) The civil penalty regime A civil penalty action is not a criminal action and does not attract criminal sanctions.
    • purpose of creating a false or misleading appearance with respect to the price of KSE shares. 2 Ms Ngin and Mr Yeo, who were trading representatives employed by CIMB Securities (Singapore) Pte Ltd (CIMB), admitted to contravening section 197(1)(b) of the Securities and Futures Act (SFA), and have paid MAS
    • MAS
    • Media Releases

    Last revised date:

    • Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Telephone : (65) 6225-5577 Annex 2 Summary statistics on SSB investors Figure 1: Age Profile Figure 2: Application Amounts
    • Singapore, 1 March 2018… The Monetary Authority of Singapore (MAS) today announced that the S$50,000 Issue Limit Investors in SSB are currently subject to two limits – the Issue Limit, which limits the maximum amount of each issue that an individual can hold at S$50,000, and the Individual Limit, which
    • Individuals who are interested in receiving updates on the SSB programme and details of upcoming SSB issues may subscribe to the mailing list on the SSB website. *** Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Telephone : (65) 6225-5577 Annex 1 SSB allocation mechanism
    • MAS
    • Media Releases

    Last revised date:

    • On its part, MAS will be issuing guidelines on credit derivatives by the end of the year.
    • He also announced that MAS has agreed to ABS' proposal to declare 31 Dec 1999 a bank holiday, and that SIMEX will launch a Singapore Dollar interest rate futures contract soon.
    • However, Mr Koh said that there was no reason to declare 3 Jan 2000 a bank holiday, as MAS was confident that Singapore's financial system would remain sound and resilient from the outset of the new millennium.
    • MAS
    • Media Releases

    Last revised date:

    • The Monetary Authority of Singapore (MAS) announced today a framework of strategies to strengthen and sustain excellence in financial manpower will be established.
    • Financial institutions keen to apply for the schemes are to enquire with the Financial Sector Promotion Department of the MAS. ***
    • MAS and IBF will study whether IBF should continue to perform this function or whether the role can be effectively undertaken by other institutions.
    • MAS
    • Speeches

    Last revised date:

    • The public consultation papers and MAS’ responses to feedback received are published on MAS’ website. KEY MEASURES UNDER THE DI-PPF BILL Depositor Protection 6   The coverage limit under the DI Scheme will be raised from S$20,000 to S$50,000 per depositor per DI Scheme member. 
    • The Insurance Act is also amended to strengthen the insurance regulatory framework to allow MAS to act swiftly when dealing with distressed insurers. 
    • MAS will be able to take control of a distressed insurer and determine the sale or transfer of assets and liabilities, or ownership, of the insurer.