Showing 4566 Documents for "economic issues"
Filter by
Sort by
- MAS
- Media Releases
Last revised date:
- Project Dunbar developed two prototypes for a shared platform that could enable international settlements using digital currencies issued by multiple central banks. The platform was designed to facilitate direct cross-border transactions between financial institutions in different currencies, with the potential to cut costs and increase speed. The project identified challenges of implementing a multi-CBDC platform shared across central banks and proposes practical design solutions to address them
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 11 October 2019… The Monetary Authority of Singapore (MAS) has issued prohibition orders against three former insurance agents and a former bank employee for fraudulent and dishonest conduct. The individuals are: Name Duration of Prohibition Orders Mr Teh Chin Hong @ Edwin Teh, former representative of The Great Eastern Life Assurance Company Limited (GE) 9 years Ms Ng Wei Ling, former representative of United Overseas Bank Limited (UOB) 8 years Mr Aloysius Zephaniah Lim Bing Hong, former
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 11 October 2019… The Monetary Authority of Singapore (MAS) has issued prohibition orders against three former insurance agents and a former bank employee for fraudulent and dishonest conduct. The individuals are: Name Duration of Prohibition Orders Mr Teh Chin Hong @ Edwin Teh, former representative of The Great Eastern Life Assurance Company Limited (GE) 9 years Ms Ng Wei Ling, former representative of United Overseas Bank Limited (UOB) 8 years Mr Aloysius Zephaniah Lim Bing Hong, former
- PDPC
- Commission's Decisions
Last revised date:
- A warning was issued to Zero1 and IP Tribe respectively for failing to put in place reasonable security arrangements to prevent the unauthorised disclosure of 118 individuals’ personal data contained in invoices which were sent to incorrect recipients. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case Nos. DP-1903-B3630, DP-1908-B4431 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And 1. Zero1 Pte. Ltd. 2.
- MAS
- Exemptions
Last revised date:
- Stipulates the prohibited representations by exempt persons. This notice prohibits a corporate finance adviser, a futures or OTC derivatives broker which is exempt from holding a CMS licence from representing that it is licensed, supervised, regulated or registered by MAS. Amendment Notes 08 Oct 2018 MAS Notice SFA 04-N07 (Amendment) 2018 (216.8 KB) takes effect. 07 Aug 2012 MAS Notice SFA 04-N07 (Amendment) 2012 takes effect. Notice SFA 04-N07 last revised on 07 August 2012 (72.6 KB) . : SFA04
- MAS
- Consultations
Last revised date:
- Proposed revisions to streamline the exemption framework which allows foreign related corporations of financial institutions in Singapore to provide cross-border services to customers in Singapore without having to hold a licence. Response VIEW DOCUMENT Response to Consultation on Proposed Revisions to FRC Framework (784.3 KB) Annexes to the Response to Feedback Received on Proposed Revisions to FRC Framework (928.5 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Revisions to
- MAS
- Subsidiary Legislation
Last revised date:
- Sets out requirements for trust and revocable nomination on relevant life policy or accident and health policy, including the forms to be used for such purpose. 10 Jul 2023 Insurance (Nomination of Beneficiaries) (Amendment) Regulations 2023 (130.1 KB) takes effect on 2 Jan 2024. 15 Dec 2020 Insurance (Nomination of Beneficiaries) (Amendment No. 2) Regulations 2020 (45.8 KB) takes effect on 2 Jan 2021. 30 Sep 2020 Insurance (Nomination of Beneficiaries) (Amendment) Regulations 2020 (50.7 KB) takes
- PDPC
- Commission's Decisions
Last revised date:
- PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC 17 Case No DP-1705-B0810 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Singapore Taekwondo Federation … Organisation DECISION -------- Singapore Taekwondo Federation [2018] SGPDPC 17 Tan Kiat How, Commissioner — Case No DP-1705-B0810 22 June 2018 Background 1 This matter involves the Singapore Taekwondo Federation (the “Organisation”), a society
- PDPC
Last revised date:
- Introduction to the Guidelines 1 Introduction 1.1 The advisory guidelines (the “Guidelines”) are issued by the Personal Data Protection Commission (the “Commission”) pursuant to section 49(1) of the Personal Data Protection Act 2012 (the “PDPA”) to provide guidance on the manner in which the Commission will interpret provisions of the PDPA. Where relevant, reference is made to the provisions of the regulations made or to be made under the PDPA (“Regulations
- PDPC
- Commission's Decisions
Last revised date:
- A warning was issued to Full House Communications for failing to make reasonable security arrangements to prevent unauthorised disclosure of personal data on its computers at a furniture fair, which collected the data for a lucky draw. Click here to find out more. DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1503-A368 FULL HOUSE COMMUNICATIONS PTE LTD [Reg. No. 199405394C] ... Respondent Decision Citation: [2016] SGPDPC 8 GROUNDS OF DECISION 20 April 2016