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    • MAS
    • Consultations

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    • Consultation Paper VIEW DOCUMENT Draft Regulations for Traded Endowment Policies and Traded Life Policies (600.5 KB) CONSULTATION PAPER P007 - 2005 June 2005 Draft Regulations for Traded Endowment Policies and Traded Life Policies -------- Consultation Paper on Draft Regulations for Traded Endowment Policies and Traded Life Policies June 2005 PREFACE professionals. In November 2003, MAS conducted a Policy Consultation on Regulating the Distribution of Traded Endowment
    • MAS
    • Speeches

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    •  Good morning, ladies and gentlemen, and a warm welcome to Singapore to our overseas guests. 1   The theme for this year’s conference - “Reality Check on Growth and Promise of Takaful as a Dynamic Force” is appropriate and timely in many ways.  Given the upheavals in the international financial system and asset markets, a sober reality check is in order to assess the impact from recent developments.  In general, the insurance industry in Asia has weathered the crisis well but there is no room for
    • PDPC
    • Commission's Decisions

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    • A financial penalty of $20,000 was imposed on Times Software, a data intermediary, for: (i) failing to make reasonable security arrangements to prevent the unauthorised disclosure of personal data belonging to the employees of its clients; and (ii) retaining personal data which was no longer necessary for legal or business purposes. Separately, Dentons and TMF were each issued a warning for failing to put in place reasonable security arrangements with Times Software to prevent unauthorised disclosure
    • MAS
    • Economic Essays

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    • This study was published as Special Feature B in the April 2015 Macroeconomic Review. Special Features 87 Special Feature B The Reconstruction Of Singapores GDP 190060: Estimates And Trends by Ichiro Sugimoto1 Introduction According to official statistics released since 1960, the Singapore economy has shown a sustained and relatively rapid pace of growth. Over the period 19602000, real GDP (at 1990 prices) expanded at an average compounded annual rate of 8.3%. With
    • PDPC

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    • PROPOSED ADVISORY GUIDELINES FOR THE HEALTHCARE SECTOR 16 MAY 2014 1 -------- PART I ........................................................................................................................ 4  1  Introduction ...................................................................................................... 4  PART II: APPLICATION OF THE DATA PROTECTION PROVISIONS TO SCENARIOS FACED IN THE HEALTHCARE SECTOR ........................................... 5  2 
    • MAS
    • Recent Economic Developments

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    • This is a quarterly brief which aims to provide a quick pictorial summary of recent economic developments in the Singapore economy. RECENT ECONOMIC DEVELOPMENTS IN SINGAPORE 6 June 2014 2013 2014 Q2 Q3 Q4 Full Year Q1 Real Sector Real GDP Growth, y-o-y % Real GDP Growth, q-o-q saar % Index of Industrial Production, y-o-y % Non-oil Domestic Exports, y-o-y % Labour Market and Prices Unemployment Rate, sa, % (Average)
    • MAS
    • Media Releases

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    • Singapore, 14 January 2019…The Monetary Authority of Singapore (MAS) will launch next month a new S$75 million Grant for Equity Market Singapore (GEMS). Announcing this at the UBS Wealth Insights conference today, Mr Heng Swee Keat, Minister for Finance and MAS Board Member, highlighted Singapore’s vision to serve as Asia’s centre for capital raising and enterprise financing. GEMS will be a three-year initiative to help enterprises seeking to raise capital through Singapore’s equity market. 2.    
    • MAS
    • Media Releases

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    • Singapore, 26 November 2020… The Monetary Authority of Singapore (MAS) and the Institute of Banking and Finance (IBF) announced today additional measures to support and strengthen the development of workers in the financial services sector. They also launched the “Growing Timber” series of webinars and events to provide a forum for key manpower issues in the financial services sector to be discussed. 2     The first “Growing Timber” webinar, titled “Gearing up for New and Evolving Jobs in Financial
    • MAS
    • Media Releases

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    • Singapore, 1 June 2023… The Monetary Authority of Singapore (MAS) and Elevandi  today announced the theme of the Singapore FinTech Festival (SFF) 2023 – ‘Applications of Artificial Intelligence (AI) in Financial Services’ . SFF 2023 will focus on the growth and adoption of AI and how this technology can potentially be used in financial services. Organised by MAS and Elevandi A not-for-profit entity set up by the MAS to connect people and businesses, ideas and insights in the FinTech sector in Singapore
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 1909 NOTICE PAPER 1205 OF 2022 FOR WRITTEN ANSWER Date: For Parliament Sitting on 5 July 2022 Name and Constituency of Member of Parliament Dr Tan Wu Meng, MP, Jurong GRC Question: To ask the Prime Minister (a) how does MAS assess Singaporeans’ exposure to unsecured consumer credit and other forms of lending which may take place outside the purview of financial institutions regulated by MAS; (b) whether MAS studies scenarios in which the total debt servicing ratio may underestimate household