Showing 4566 Documents for "economic issues"

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    • MAS
    • Media Releases

    Last revised date:

    •   Singapore, 23 May 2000... The Monetary Authority of Singapore (MAS) today announced its plans to position itself as a leading ART centre in Asia when alternative risk transfer products take off in a big way in this region. 2   Speaking at the 2nd Conference on Alternative Risk Transfers (ART) in Asia organised by Asia Insurance Review, Mrs Hauw Soon Hoon, Executive Director, Insurance Department of MAS, noted the rapid changes in the global risk landscape, and the need for the insurance industry
    • MAS
    • Enforcement Actions

    Last revised date:

    • Joint Statement by Attorney-General’s Chambers, Singapore (AGC) Commercial Affairs Department, Singapore Police Force (CAD) Monetary Authority of Singapore (MAS) Singapore, 23 October 2020... The Goldman Sachs Group Inc (“GSG”) has entered into a Deferred Prosecution Agreement (“DPA”) with the Department of Justice of the United States of America. The DPA provides for a global resolution, led by the US Department of Justice and discussed with, inter alia, Singapore, of GSG’s role in bond offerings
    • MAS
    • Media Releases

    Last revised date:

    • Joint Statement by Attorney-General’s Chambers, Singapore (AGC) Commercial Affairs Department, Singapore Police Force (CAD) Monetary Authority of Singapore (MAS) Singapore, 23 October 2020... The Goldman Sachs Group Inc (“GSG”) has entered into a Deferred Prosecution Agreement (“DPA”) with the Department of Justice of the United States of America. The DPA provides for a global resolution, led by the US Department of Justice and discussed with, inter alia, Singapore, of GSG’s role in bond offerings
    • MAS
    • Letters to Editor

    Last revised date:

    •  Dear Editor I refer to recent letters to the media on the issue of fixed deposit rates. The Monetary Authority of Singapore (MAS) does not see the setting and offering of fixed deposit rates as an issue for which we should set regulatory rules. Rather, we view this primarily as a matter of good business practice and customer service. We believe the boards and senior management of financial institutions should regard good, fair customer outcomes as a critical part of the way they do business. The
    • MAS
    • Notices

    Last revised date:

    • Requirements for insurers, insurance brokers, financial advisers and their representatives or broking staff on training and competency in relation to health insurance products. This notice applies to: Direct insurers and persons who act as an insurance agent for the insurers. Registered direct insurance brokers and their broking staff. Exempt direct insurance brokers and their broking staff. Licensed financial advisers and their representatives. Exempt financial advisers and their representatives
    • MAS
    • Notices

    Last revised date:

    • Requirements for insurers on the maintenance of insurance funds. This notice applies to all licensed insurers. It sets out requirements on: The management of insurance funds. Policy Owners' Protection Fund (PPF) levy. Switching of assets between insurance funds. Amendment Notes 05 Mar 2020 MAS 101 (Amendment) 2020 (356.5 KB) 28 Aug 2004 MAS Notice 101 dated 28 August 2004 (11.1 KB) [cancelled with effect from 21 Oct 2011 ] Notice No Issue Date : : MAS 101 (Amendment) 2020 5 March 2020
    • MAS
    • Media Releases

    Last revised date:

    •  Singapore, 1 October 2007...The Monetary Authority of Singapore (MAS) has issued a consultation paper proposing to exempt card issuers from complying with the maximum credit limit when issuing credit or charge cards to individuals with an annual income of at least $120,000 or net personal assets exceeding $2 million [1] . With the proposed exemption, card issuers may determine the appropriate credit limits for this higher income group in line with their assessment of the credit worthiness of these
    • MAS
    • Speeches

    Last revised date:

    •  Opening Address by Mr Koh Yong Guan, Managing Director, Monetary Authority of Singapore (MAS) at The DBS Singapore Dollar Bond Conference 2001 Date: 15 Feb 2001 Good morning, ladies and gentlemen, Introduction I thank DBS for inviting me to this inaugural Singapore Dollar Bond Conference . 2   Since 1998, when MAS first began to actively develop the bond market, it has taken off in ways that have exceeded most people's expectations. Our bond market now offers more opportunities today to both issuers
    • PDPC
    • Commission's Decisions

    Last revised date:

    • Directions were issued to Furnituremart for failing to make reasonable security arrangements to prevent the disclosure of the personal data of a customer. Click here to find out more. 2. A. 3. DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1611-B0319 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Furnituremart.sg (UEN 53169430E) Decision Citation: [2017] SGPDPC 7 GROUNDS OF DECISION
    • MAS
    • Forms and Templates

    Last revised date:

    • Form for licensed financial advisers and exempt financial advisers to notify MAS of the appointment of  provisional representatives. Form 3B is to be submitted on-line using the Corporations and Representatives System (CoRe) on MASNET . MASNET is a closed communication network system operated by the Authority which a capital markets services licensee or a financial institution exempt from holding CMS Licence under section 99(1)(a), (b), (c) or (d) of the SFA, a licensed financial adviser or an exempt