Showing 4089 Documents for "payment services"
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- MAS
- Parliamentary Replies
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- Exchanges offering the trading of cryptocurrencies are regulated as digital payment token service providers under the Payment Services Act. Given their limited scale, these entities are regulated primarily for money laundering and terrorism financing risks.
- However, the Act provides MAS the powers to to impose additional measures on digital payment token service providers as needed. 6. As for securities tokens, they are subject to the same securities laws as traditional securities.
- First, digital payment token service providers, which are entities involved in providing cryptocurrency-related services, need to be licensed by MAS. They must comply with AML/CFT requirements, such as obligations to perform customer due diligence and transaction monitoring.
- MAS
- Annual Reports
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- In March 2002, Green Dot Payment Services and BCS Information Systems also announced their joint venture to provide an electronic payment service targeted to be launched by June 2002.
- In August 2001, NETS introduced the NETS Virtual Card, which is a payment service that allows users to make payment to busi- nesses or individuals through online inter- faces or mobile phones.
- The Clearing and Payment Services (CAPS), security practices, two dialogue launch of the CCB will mark the beginning a common utility that will facilitate the sessions were held with major banks of a new risk management process and connection of banks systems to CLS.
- MAS
- Media Releases
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- Through the Global CBDC Challenge, MAS hopes to encourage innovator communities worldwide to develop and showcase solutions that can maximise the potential of CBDC to deliver efficiencies to payment services, improve financial inclusion, consistent with central banks’ core mandate of monetary stability
- MAS
- Media Releases
Last revised date:
- Through the Global CBDC Challenge, MAS hopes to encourage innovator communities worldwide to develop and showcase solutions that can maximise the potential of CBDC to deliver efficiencies to payment services, improve financial inclusion, consistent with central banks’ core mandate of monetary stability
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 986 NOTICE PAPER 1346 OF 2018 FOR WRITTEN ANSWER Date: For Parliament Sitting on 10 September 2018 Name and Constituency of Member of Parliament Ms Sylvia Lim, MP, Aljunied GRC Question: To ask the Prime Minister whether the Government has thoroughly assessed the possible adverse economic and psychological impact that the move to a cashless society will have on particular segments of society. Answer by Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge of MAS: 1
- MAS
- Speeches
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- Jo Ann Barefoot : Great to see you. So, probably most of the people who are watching our session today knows that MAS has been, really, the global leader in so many ways in advancing FinTech and RegTech. For so long, you've been first, you've been best in so many ways, so imaginative and creative. And we're going to concentrate our conversation tonight on the goals of financial inclusion and sustainability through FinTech. I want to start by talking about the pandemic. We know that this pandemic
- MAS
- External Publications
Last revised date:
- The ACIP best practice papers highlight the “red flag” customer behaviours or transaction patterns that financial institutions can look out for to detect illicit financial activities. Find out more about the best practices which ACIP has recommended as best practices for financial institutions to guard against trade-based money laundering(TBML). d AML/CFT INDUSTRY PARTNERSHIP Best Practices for Countering Trade Based Money Laundering May 2018 -------- Best Practices on Trade
- 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
- Speeches
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- PSA is exploring opportunities in the Chittagong Port. Singapore companies have also embarked on tourism and commercial development projects in Sri Lanka. Other projects are being planned across the region. 24.
- MAS
- Guidelines
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- Guidelines and templates for issuers on preparing a Product Highlights Sheet for offers of debt securities, hybrid securities, and equity securities (including units in a business trust and a real estate investment trust). These guidelines provide guidance to issuers on preparing a Product Highlights Sheet for investors, for the offers of: Plain vanilla debentures. Hybrid instruments (preference shares, perpetual securities or convertible bonds). Ordinary shares, units in a real estate investment