Showing 5563 Documents for "MAS"
Filter by
Sort by
- MAS
- Consultations
Last revised date:
- MAS expects Reporting Banks to, if required by MAS, be able to demonstrate how equity-index linked instruments will provide an effective hedge.
- MAS Response 9.3 MAS will remove the requirement for the transfer of securitised exposures and any retained securitisation exposures to the banking book.
- MAS Response 6.2 MAS maintains that, for hedging purpose, instruments should have remaining maturities of at least one year which is in line with Basel's requirement.
- MAS
- Media Releases
Last revised date:
- All applications should reach MAS by 15 March 2003. ***
- The Monetary Authority of Singapore (MAS) has re-opened applications for Wholesale Bank (WB) licences. This follows the announcement of its banking liberalisation programme of 29 June 2001, when MAS stated that it would grant 20 WB licences over the next two years.
- This move is in line with the shift by MAS from a three-tier bank licensing regime ' Full, Restricted and Offshore ' towards a more streamlined, two-tier licensing regime of Full and Wholesale Banks.
- MAS
- Media Releases
Last revised date:
- Bandar Seri Begawan, 23 January 2020 … Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) yesterday committed to new areas of cooperation, with the signing of an enhanced Memorandum of Understanding (MoU) on Bilateral Cooperation at the 3rd AMBD-MAS Bilateral Roundtable
- Ravi Menon, Managing Director, MAS and Rokiah Badar, Managing Director, AMBD at the signing ceremony ***
- . 2 The MoU, signed by AMBD Managing Director Rokiah Badar and MAS Managing Director Ravi Menon, builds on the longstanding cooperation between both countries in many areas, including the Currency Interchangeability Agreement.
- MAS
- Media Releases
Last revised date:
- The Monetary Authority of Singapore (MAS) has reached an agreement with the Singapore Exchange Ltd (SGX) for MAS to take over the responsibility for on-site inspection of brokers.
- This will come into effect on 1 July 2003. 2 The transfer of the inspection function from SGX to MAS is intended to provide greater clarity in regulatory responsibilities.
- It will also reduce duplication of work, and is part of the continuing efforts of both organisations to improve the efficiency of securities regulation in Singapore. 3 Currently, MAS has the authority to conduct inspection of SGX member companies, as well as trading and dealer representatives as they
- MAS
- Media Releases
Last revised date:
- Singapore, 14 July 2022…The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) today announced the renewal of the Bilateral Currency Swap Arrangement (BCSA) for a further term of five years, until 2027. 2 The BCSA has been a key pillar of co-operation between MAS and PBC since
- renewal was signed by MAS Managing Director Ravi Menon and PBC Governor Yi Gang and was effective from 13 July 2022
- Under the arrangement, MAS and PBC can access liquidity in each other’s currencies to support the financing of trade and investment, and to stabilise financial markets.
- MAS
- Speeches
Last revised date:
- In July , MAS’ Managing Director Mr Ravi Menon hosted the Singapore-China (Chongqing) Financial Conference.
- In June this year , MAS announced the inclusion of RMB investments as part of Singapore’s Official Foreign Reserves.
- Zheng Yang Distinguished Speakers and Guests Ladies and Gentlemen Introduction 1 Good afternoon, it is my pleasure to join you at the 2nd Shanghai-Singapore Financial Forum (SSFF). 2 In November last year, the Monetary Authority of Singapore (MAS) and the Shanghai Municipal Financial Services
- MAS
- Circulars
Last revised date:
- This has been conveyed in MAS Circular No. AMLD 01/2018 dated 8 January 2018.
- FIs should also ensure that the implementation of the technology solution is in line with the MAS Technology Risk Management guidelines. 8
- MAS expects the Board and senior management of FIs to maintain effective oversight of the 15 management of ML/TF risks and AML/CFT controls.
- MAS
- Economic Essays
Last revised date:
- MAS (n.d.), Survey of Professional Forecasters (URL: https://www.mas.gov.sg/monetary-policy/MAS-Survey-of- Professional-Forecasters).
- We compare the performance of these methods with the sample median used by MAS.
- It should be noted that the SPF results do not represent MAS own views or forecasts. Every quarter, MAS reports the sample median and the empirical density of the forecasts from respondents.
- MAS
- Economic Essays
Last revised date:
- See MAS (2012).
- He visited EPG, MAS in January 2015 under the MAS Eminent Visitor Programme. The views in this Special Feature are solely those of the author and should not be attributed to the FPC or MAS.
- Monetary Authority of Singapore (2012), Singapores Macroprudential Surveillance Framework, Financial Stability Review 2012, pp. 6568.
- MAS
- Parliamentary Replies
Last revised date:
- Answer 1 The Monetary Authority of Singapore (MAS) introduced the cancellation period for unit trusts in July this year. This affords consumers an opportunity to reconsider a hasty investment decision made under the influence of pressure selling tactics of sales advisers.
- A breach of these requirements, including failure to make full disclosure, is an offence under the FAA, which would cause MAS to take appropriate action against the offender. 4 MAS does not, however, have the power to direct financial institutions to pay compensation to aggrieved consumers.
- Consumers may seek legal redress through the courts. 5 There is no need for MAS to extend the scheme to allow for refund of the original investment sum to consumers.