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- MAS
- Consultations
Last revised date:
- MAS Response 6.1.10 MAS notes the feedback regarding the complexities of insurance products.
- MAS Response 7.2.31 MAS has considered the feedback and agrees with most of the responses.
- MAS Response 7.1.4 MAS notes that the policy term of most life insurance products extend beyond 10 years.
- MAS
- Consultations
Last revised date:
- MAS will allow existing ILP policies to remain on dual pricing.
- MAS Response 6.2 MAS will be conducting a subsequent review of proposal 1 on the PPHS and the disclosure of fees and charges as mentioned in paragraphs 2.5 and 2.6.
- MAS Response 5.3 MAS is agreeable to extend the proposal to include RSP ILPs, i.e. insurers will need to send monthly statements for both SP and RSP ILPs.
- MAS
- FAQs
Last revised date:
- the Monetary Authority of Singapore Act Finance Companies Act Monetary Authority of Singapore Act Notice MAS 830 Notice MAS 912 All merchant banks in Singapore Banking Act Notice MAS 1114 All operators and settlement institutions of designated payment systems Payment
- Must the FI notify MAS of the incident?
- If the RO is not contactable, or the IT incident occurs outside MAS office hours, FIs may contact the MAS duty officer via the 24-hour MAS BCM hotlines (Tel: 6229 9526 / 6229 9527). Please refer to the Instructions on IT Incident Notification to MAS for further information.
- MAS
- Speeches
Last revised date:
- MAS has no explicit power under the SFA to require foreign regulators to seek MAS’ approval, nor the power to accede to or reject such requests.
- MAS' responses to the public consultations are published on its website at www.mas.gov.sg .
- any condition attached to its approval as an approved exchange or designated clearing house. 42 MAS’ Information Gathering Powers (Sections 143 and 144) - The amendments will provide MAS powers to gather relevant information under all circumstances where MAS exercises emergency powers under Sections
- MAS
- Consultations
Last revised date:
- MAS seeks comments on the client identification rule.
- Early detection of misconduct is an important part of MAS enforcement approach.
- Monetary Authority of Singapore 8 -------- Annex A LIST OF QUESTIONS Question 1. MAS seeks comments on the client identification rule. ................................ 5 Question 2.
- MAS
- Notices
Last revised date:
- Fund 2, excluding MA portfolios","MA Portfolio 1 (if any)","MA Portfolio 2 (if any)",Total NonPar Fund,"Total ILP Fund","Par Fund, excluding MA portfolios","MA Portfolio 1 (if any)","MA Portfolio 2 (if any)",Total Par Fund,"NonPar Fund, excluding MA portfolios","MA Portfolio 1 (if any)","MA Portfolio
- portfolios","MA Portfolio 1 (if any)","MA Portfolio 2 (if any)",Total Par Fund,"Par Fund 2, excluding MA portfolios","MA Portfolio 1 (if any)","MA Portfolio 2 (if any)",Total Par Fund 2,"NonPar Fund, excluding MA portfolios","MA Portfolio 1 (if any)","MA Portfolio 2 (if any)",Total NonPar Fund,"NonPar
- MA portfolio.
- MAS
- Notices
Last revised date:
- [MAS Notice 626A (Amendment) 2021] [MAS Notice 626A (Amendment) 2022] [MAS Notice 626A (Amendment 2021] [MAS Notice 626A (Amendment) 2022] 3. Finance companies licensed under section 6 of the Finance Companies Act 1967 (Cap. 108). [MAS Notice 626A (Amendment) 2022] 4.
- [MAS Notice 626A (Amendment) 2022] [MAS Notice 626A (Amendment) 2022] [MAS Notice 626A (Amendment) 2022] [MAS Notice 626A (Amendment) 2022] [MAS Notice 626A (Amendment) 2022] 37 -------- (d) authorities in Singapore; and the ordering institution shall provide the wire transfer originator
- Amendment Notes 01 Mar 2022 MAS Notice 626A (Amendment) 2022 (449.6 KB) takes effect. 28 Jun 2021 MAS Notice 626A (Amendment) 2021 (351.8 KB) takes effect. 30 Nov 2015 MAS Notice 626A (Amendment) 2015 (31.9 KB) takes effect. 24 Jul 2015 MAS Notice 626A dated 24 April 2015 takes effect.
- MAS
- Consultations
Last revised date:
- MAS Response MAS has taken note of the comment.
- Monetary Authority of Singapore 19 --------
- MAS Response MAS maintains the view that intra -group outsourcing should be subject to the Guidelines, including middle office type functions.
- MAS
- Guidelines
Last revised date:
- (c) any other circumstances that MAS may deem relevant. MAS retains the flexibility to consider other circumstances.
- MAS may consider, more broadly, the effect of the clearing fee on the objective of MAS to foster a sound and reputable financial centre under section 4(1)(b) of the Monetary Authority of Singapore Act (Cap. 186).
- MAS adopts an authorisation approach, where all clearing facilities operating in Singapore are subject to MAS regulation.
- MAS
- Guidelines
Last revised date:
- Monetary Authority of Singapore 23 -------- Monetary Authority of Singapore 24 Question 1.
- MAS Response 5.3 MAS recognizes that it is sometimes challenging to implement measures relating to third parties.
- Comments on any other aspects of BCM that warrant further guidance from MAS: Under Paragraph 9.5 (page 27), could MAS clarify further on what would constitute a severe disruption that warrants an immediate notification to MAS?