Showing 4566 Documents for "economic issues"
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- MAS
- Consultations
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- Proposed guidance on safeguards to guard against representatives advising clients to switch from one designated investment product (i.e. a collective investment scheme, a life policy or any other investment product prescribed by MAS) to another, that is detrimental to the client. Response VIEW DOCUMENT Response to Feedback: Draft Guidelines on Switching of Designated Investment Products (112.2 KB) Consultation Paper VIEW DOCUMENT Draft Guidelines on Switching of Designated Investment Products (52.2
- PDPC
- Commission's Decisions
Last revised date:
- A financial penalty of $3,000 and $1,000 were imposed on Fu Kwee Kitchen Catering Services and its data intermediary, Pixart, respectively, for failing to implement proper and adequate protective measures to prevent unauthorised access of its customers’ personal data, whereby users could access other customers’ personal data by altering the URL of its order preview webpage. Fu Kwee was also issued directions to send employees for training, appoint a Data Protection Officer and conduct a security
- MAS
- Forms and Templates
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- Form for persons to notify MAS of their commencement of financial advisory services as an exempt financial adviser serving not more than 30 accredited investors. The form is to be submitted no later than 14 days after the commencement of business. Form 20 should be lodged online via https://go.gov.sg/noticeofcommencementofbusiness-form20 FINANCIAL ADVISERS ACT 2001 FINANCIAL ADVISERS REGULATIONS NOTICE OF commencement of business lodged pursuant to rEGULATION 37(2) BY PERSONS EXEMPT FROM HOLDING
- MAS
- Guidelines
Last revised date:
- Guidelines for offers of securities, securities-based derivative contracts and units in collective investment schemes made through the Internet. The Guidelines relate to statutory requirements for a prospectus, offer information statement and product highlights sheet for offers made through the Internet, including internet banking platforms and mobile applications, and where specified, offers made using automated teller machines. The Guidelines also cover security issues concerning electronic versions
- MAS
- Circulars
Last revised date:
- Informs all licensed insurers of the issuance of the Insurance (Valuation and Capital) (Amendment) Regulations 2020 and new MAS Notice 133 on Valuation and Capital Framework for Insurers Circular No. ID 07/20 28 February 2020 Chief Executives All Licensed Insurers except for Captive Insurers, Marine Mutual Insurers and SPRVs Dear Sir/Madam ISSUANCE OF INSURANCE (VALUATION AND CAPITAL) (AMENDMENT) REGULATIONS 2020 AND NEW MAS NOTICE ON VALUATION AND CAPITAL FRAMEWORK FOR INSURERS
- PDPC
- Commission's Decisions
Last revised date:
- DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1509-A533 AIA Singapore Private Limited (U.E.N. 201106386R) Decision Citation: [2016] SGPDPC 10 ... Respondent GROUNDS OF DECISION 22 June 2016 A. BACKGROUND 1. On 18 September 2015, the Personal Data Protection Commission (“Commission”) received a complaint from [Redacted] (“Complainant”), alleging that the Respondent had made an unauthorised disclosure of his personal data
- MAS
- Speeches
Last revised date:
- 1 The Minister for Trade and Industry and Deputy Chairman of the Monetary Authority of Singapore (MAS) today moved two Bills for first reading in Parliament, namely: The Securities and Futures (Amendment) Bill 2012 (“SF(A) Bill”) ; and The Financial Advisers (Amendment) Bill 2012 (“FA(A) Bill”) . 2 The Amendment Bills represent the first of a two-phase review of the Securities and Futures Act (“SFA”) and Financial Advisers Act (“FAA”). 1 The Bills implement policy proposals to increase safeguards
- MAS
- Consultations
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- Consultation Paper VIEW DOCUMENT Draft Deposit Insurance Bill (341.1 KB) CONSULTATION PAPER P003 - 2005 January 2005 Consultation on Draft Deposit Insurance Bill -------- Consultation on Draft Deposit Insurance Bill Jan 2005 PREFACE The Monetary Authority of Singapore ("MAS") has concluded two public consultation exercises on a proposed deposit insurance scheme (DI scheme) in Singapore. The first consultation
- MAS
- Media Releases
Last revised date:
- Singapore, 21 Sep 2005... MAS announced today that Part XIII of the Securities and Futures (Amendment) Act 2005 ("SF(A)A") on offers of investments and the supporting Regulations will take effect on 15 October 2005. 2 MAS also issued today Regulations supporting the amendments under Part XIII of the Securities and Futures Act (Cap. 289) ("SFA") dealing with offers of investments. The list of Regulations and a brief summary are set out in the Appendix. 3 The amendments to the offers of investments
- PDPC
- Commission's Decisions
Last revised date:
- DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1503-A368 FULL HOUSE COMMUNICATIONS PTE LTD [Reg. No. 199405394C] ... Respondent 20 April 2016 Decision Citation: [2016] SGPDPC 8 GROUNDS OF DECISION INTRODUCTION A. 1. The Complainant, [Redacted] (Replaced with Mr L), submitted a complaint to the Personal Data Protection Commission (the “Commission”) on 4 March 2015 in respect of the way that the Respondent had collected