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    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback: Guidelines on Outsourcing (29.2 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Guidelines on Outsourcing (115.8 KB) Monetary Authority of Singapore RESPONSE TO FEEDBACK ON THE CONSULTATION PAPER ON GUIDELINES ON OUTSOURCING 1 -------- RESPONSE TO FEEDBACK ON THE CONSULTATION PAPER ON GUIDELINES ON OUTSOURCING MAS published a consultation paper on 12 March 2004 to seek feedback on the Guidelines on Outsourcing (the Guidelines
    • MAS
    • Subsidiary Legislation

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    • 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
    • MAS
    • Staff Papers

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    • MAS Occasional Paper No. 11 March 1999 - By Financial and Special Studies Division, Economics Department Executive Summary 1         In contrast to countries which import capital to finance their current account deficits, Singapore has had a growing current account surplus, and has been exporting capital abroad. As a result, the domestic interest rate has been generally lower than international interest rates. This paper analyses the relationship between the openness of Singapore's financial markets
    • PDPC
    • Commission's Decisions

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    • GrabCar Pte. Ltd [2019] SGPDPC 15 COMMISSIONER FOR PERSONAL DATA PROTECTION Case No DP-1801-B1526 [2019] SGPDPC 15 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And (1) GrabCar Pte. Ltd. (UEN No. 201427085E) DECISION … Organisation 1 -------- GrabCar Pte. Ltd [2019] SGPDPC 15 GrabCar Pte. Ltd. Tan Kiat How, Commissioner — Case
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $16,000 was imposed on GrabCar for failing to put in place reasonable security arrangements to protect the personal data of its customers from unauthorised disclosure. Personal data of a customer was disclosed to one other customer via an email sent out by GrabCar. Click here to find out more. GrabCar Pte. Ltd [2019] SGPDPC 15 COMMISSIONER FOR PERSONAL DATA PROTECTION Case No DP-1801-B1526 [2019] SGPDPC 15 In the matter of an investigation
    • MAS
    • Consultations

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    • This consultation paper sets out the proposed legislative amendments to the Insurance Act (Cap. 142) on several areas such as classification of reinsurance of liabilities, statutory deposit requirement, supervisory cooperation and exchange of information between MAS and foreign regulators, and ownership and control of insurers incorporated in Singapore. Response VIEW DOCUMENT Response to Feedback: Proposed Amendments to the Insurance Act (127.1 KB) Consultation Paper VIEW DOCUMENT Consultation Paper
    • MAS
    • Economic Essays

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    • This study was published as Special Feature C in the April 2019 Macroeconomic Review. 100 Macroeconomic Review, April 2019 Special Feature C Revisiting Monetary Policy Autonomy In Asia And Beyond: Trilemma, Dilemma Or 2.5 Lemma? by Ramkishen S. Rajan1 Introduction Following the Asian Financial Crisis of 199798 and consequent collapse of the soft US dollar pegs, emerging market and developing economies (EMDEs) in Asia grappled with the question of the appropriate
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback Received on Related Party Transaction Requirements for Banks (905.5 KB) Annex C (Supplement) - Feedback Received for Consultation on Related Party Transaction Requirements for Banks (3.5 MB) Consultation Paper VIEW DOCUMENT Consultation Paper on Related Party Transaction Requirements for Banks 2016 (626.9 KB) RESPONSE TO FEEDBACK RECEIVED November 2016 Response to Feedback Received Related Party Transaction Requirements for Banks Monetary
    • MAS
    • Consultations

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    • The Basel Committee on Banking Supervision (BCBS) has published total loss-absorbing capacity (TLAC) holdings – Amendments to the Basel III standard on the definition of capital, which sets out the regulatory capital treatment of banks’ investments in TLAC and proposed amendments to MAS Notice 637 on Risk Based Capital Adequacy Requirements for Banks Incorporated in Singapore to implement the relevant requirements under the final standard issued by the Basel Committee on Banking Supervision. Response
    • MAS
    • Consultations

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    • This consultation sets out MAS’ proposed regulations relating to anti-money laundering and countering the financing of terrorism, applicable to variable capital companies incorporated under the Variable Capital Companies Act. Response VIEW DOCUMENT Response to Feedback received on AMLCFT Notice for VCCs (811.7 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on the Proposed AML/CFT Notice for Variable Capital Companies (711.6 KB) RESPONSE TO FEEDBACK RECEIVED 15 January 2020 Proposed