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    • MAS
    • Speeches

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    •  Development of Singapore's Capital Markets 1   Good morning, ladies and gentlemen, it gives me great pleasure to welcome you to HVB's Securitisation Forum. 2  The MAS introduced major initiatives in 1998 to boost the development of our bond market. Since then, it has grown in size, breadth and depth. Riding on this, the structured products market has also taken off. I would like to share with you our initiatives to develop our bond markets and highlight recent developments in the structured products
    • MAS
    • Media Releases

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    • Singapore, 1 April 2014… The Monetary Authority of Singapore (MAS) commenced civil penalty court action against Mr Norman Phua Chun Han and has been awarded a default judgment of $2,965,414.75 against Mr Phua, comprising a civil penalty amount of $2,865,414.75, for insider trading under Section 218(2)(a) and/or Section 218(2)(b) of the Securities and Futures Act (SFA), and $100,000, for the employment of manipulative and deceptive devices in connection with the purchase and sale of securities under
    • MAS
    • Parliamentary Replies

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    • Question No. 169 Notice Paper No. 26 of 2011 Question No. 162 Notice Paper No. 21 of 2011 For Written Answer Date: For Parliament Sitting on 14 February 2011 Name and Constituency of Member of Parliament Mr Christopher de Souza, Member of Parliament, Holland-Bukit Timah GRC Question No. 169 To ask the Senior Minister (a) how our credit card rollover debt compare against those of developed countries; (b) if there is any age group or population segment which incurs significantly higher rollover debt
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback on Proposed Amendments to MAS Notice 637 on Risk Based Capital Adequacy Requirements for Banks (26.1 KB) Consultation Paper VIEW DOCUMENT Proposed Amendments to MAS Notice 637 on Risk Based Capital Adequacy Requirements for Banks Incorporated in Singapore 2011 (543.1 KB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION ON PROPOSED AMENDMENTS TO MAS NOTICE 637 ON RISK BASED CAPITAL ADEQUACY REQUIREMENTS FOR BANKS INCORPORATED IN SINGAPORE Introduction
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback Received on Proposed Implementation of the Final Basel III Reforms in Singapore – Operational Risk Capital and Leverage Ratio Requirements (390.3 KB) Response to Feedback Received on Proposed Implementation of the Final Basel III Reforms in Singapore – Credit Risk Capital and Output Floor Requirements (554.9 KB) Response to Feedback Received on Proposed Implementation of the Final Basel III Reforms in Singapore – Market Risk Capital Requirements (306.1
    • MAS
    • Enforcement Actions

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    • Singapore, 16 February 2017… The Monetary Authority of Singapore (MAS) has successfully obtained civil penalties of $100,000 each against Chionh Teow Hie John (Chionh) and Kiew Yoon Seng (Kiew) for contraventions under the Securities and Futures Act (SFA). False Trading 2   Between June 2008 and November 2009, Chionh and Kiew engaged in false trading in the shares of Keda Communications Limited (Keda) by crossing 52 trades with each other using trading accounts held with Phillip Securities Pte Ltd
    • MAS
    • Media Releases

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    • Singapore, 16 February 2017… The Monetary Authority of Singapore (MAS) has successfully obtained civil penalties of $100,000 each against Chionh Teow Hie John (Chionh) and Kiew Yoon Seng (Kiew) for contraventions under the Securities and Futures Act (SFA). False Trading 2   Between June 2008 and November 2009, Chionh and Kiew engaged in false trading in the shares of Keda Communications Limited (Keda) by crossing 52 trades with each other using trading accounts held with Phillip Securities Pte Ltd
    • MAS
    • Speeches

    Last revised date:

    •   1   Mr Speaker Sir, on behalf of the Senior Minister, I beg to move that the Bill be now read a second time. OVERVIEW 2  The House has just debated on the Deposit Insurance and Policy Owners’ Protection Schemes Bill (“DI-PPF Bill”), which will, among other things, strengthen protection to policy owners in the event of a failure of an insurer.  In conjunction with the DI-PPF Bill, the Insurance (Amendment) Bill 2011 will amend the Insurance Act (Cap 142) to enhance MAS’ powers in relation to the
    • PDPC
    • Commission's Decisions

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    • A financial penalty of $14,000 was imposed on Nature Society (Singapore) for breaches of the PDPA. First, the organisation failed to put in place reasonable measures to protect personal data on its website database. Second, it did not appoint a data protection officer. Lastly, it did not have written policies and practices necessary to comply with the PDPA. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case No. DP-2011-B7351 In the matter of an investigation under section
    • MAS
    • Media Releases

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    • Singapore, 3 September 2020… The Monetary Authority of Singapore (MAS) today announced measures to enhance the banking system’s access to Singapore dollar (SGD) and US dollar (USD) funding. The new measures will strengthen banking sector resilience, promote more stable SGD and USD funding conditions, and support credit intermediation amid continued economic headwinds from the COVID-19 pandemic. Establishment of the MAS SGD Term Facility 2     A new MAS SGD Term Facility will be introduced to provide