Showing 4566 Documents for "economic issues"
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- MAS
- Enforcement Actions
Last revised date:
- Singapore, 27 January 2022 … The Monetary Authority of Singapore (MAS) has obtained a default judgment against Mr Liao Chun-Te (Mr Liao) to pay a civil penalty of $164,750 for insider trading. Mr Liao had sold shares in Oceanus Group Limited (Oceanus) while in possession of non-public and materially price-sensitive information concerning a proposed rights issue by Oceanus. 2 Oceanus, a company listed on the Singapore Exchange, had on 7 June 2013 announced a rights issue of new ordinary shares (Rights
- MAS
- Media Releases
Last revised date:
- Singapore, 3 Aug 2012…The Monetary Authority of Singapore (MAS) has issued its second response (100.8 KB) to feedback received on the proposals in the Consultation paper on the regulation of over-the-counter (OTC) derivatives published on 13 February 2012, as well as the consultation paper on draft amendments to the Securities and Futures Act (SFA) to effect these proposals. 2 The second response paper addresses feedback on proposals to require the central clearing and reporting of OTC derivatives
- MAS
- Consultations
Last revised date:
- Response VIEW DOCUMENT Response to Feedback: Consultation Paper on Draft Securities and Futures (Licensing and Conduct of Business)(Amendment) Regulations 2007 and Financial Advisers (Amendment) Regulations 2007 (29.9 KB) Response to Feedback: Policy Consultation on Amendments to the Securities and Futures Act and the Financial Advisers Act (114.8 KB) Consultation Paper VIEW DOCUMENT Policy Consultation Paper on Amendments to the Securities and Futures Act and the Financial Advisers Act (82.4 KB)
- MAS
- Circulars
Last revised date:
- This circular reminds all financial institutions (FIs) to stay vigilant to the ML/TF risks in wealth management sector, and sets out MAS’ expectations for FIs to review its existing controls to ensure that they remain adequate to mitigate the ML/TF risks from high growth areas. In conducting its review, FIs should take into account the additional information provided in this circular as well as previous MAS guidance that was issued to the industry. Monetary Authority of Singapore 10 Shenton Way
- MAS
- Guidelines
Last revised date:
- Guidelines on fit and proper criteria for all relevant persons carrying out any activity regulated by MAS. These guidelines set out the fit and proper criteria that apply to all relevant persons carrying out any activity regulated by MAS. The relevant person is expected to be competent, honest, to have integrity and to be of sound financial standing. The guidelines cover: Definitions of 'relevant persons' and scope of application. Criteria for considering if a relevant person is fit and proper. 01
- MAS
- Parliamentary Replies
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- Issues Raised in Parliament ANSWER TO PARLIAMENTARY QUESTION ON: CLOB For Parliamentary Sitting on 23 Nov 1999 Question: To ask the Deputy Prime Minister if he will (a) update the House on the latest position on the Central Limit Order Book (CLOB) saga and whether there is a solution in sight; and (b) clarify the role of the Securities Investors Association (Singapore) and whether the Association is in a position to handle the issue satisfactorily. Answer: 1. I last updated Parliament on the Clob
- MAS
- Consultations
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- This consultation paper sets out the proposed legislative amendments to the Insurance Act (Cap. 142) which introduces new powers to relating to the resolution of insurers. Consultation Paper VIEW DOCUMENT Consultation Paper on Insurance (Amendment) Bill (484.7 KB) CONSULTATION PAPER P017 - 2010 December 2010 Insurance (Amendment) Bill -------- CONSULTATION PAPER ON INSURANCE (AMENDMENT) BILL DECEMBER 2010 PREFACE While MAS seeks to promote a sound and progressive financial system
- MAS
- Media Releases
Last revised date:
- Singapore, 23 December 2009 - The Monetary Authority of Singapore (MAS) announced today that it is reviewing two sets of measures to strengthen the protection of insurance policy owners. The first set of measures relates to the Policy Owners’ Protection Fund (PPF), which will be funded by the industry to compensate policy owners in the event of the default of an insurer. The second set of measures seeks to enhance MAS’ powers relating to the resolution of insurers in Singapore. PPF Schemes 2
- PDPC
- Public Consultations
Last revised date:
- No. Submitted by 1 Yvonne Tan Date submitted 7/11/2017 2 Eunice Woo 7/11/2017 3 John Plate 7/11/2017 Comments from individuals Appreciated the change. However, the greatest threat is still with Acra. Anyone around the world can just pay around $5 to get these confidential personal information. And the worst is NRIC is our SingPass ID. It seems that there had been misuse of these information in the past esp when netizen just shared these info obtained from Acra or
- MAS
- Consultations
Last revised date:
- Response VIEW DOCUMENT Response to Feedback: Policy Amendments to the SFA and the FAA (102.1 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Policy Amendments to the SFA and the FAA (89.4 KB) RESPONSE TO FEEDBACK RECEIVED POLICY CONSULTATION ON AMENDMENTS TO THE SECURITIES AND FUTURES ACT AND THE FINANCIAL ADVISERS ACT On 25 September 2006, MAS issued a policy consultation paper on two key proposals that were being considered for amendments to the Securities and Futures Act (SFA)