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- MAS
- Parliamentary Replies
Last revised date:
- MAS and IBF will continue to work with FIs and tripartite partners to develop and grow the local talent pool to meet the financial sector’s needs, including that of SFOs. ***
- MAS has been working actively with the financial industry over the years to build a strong pipeline of professionals who can take on leadership roles as well as specialised jobs in the financial sector.
- Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1. Data on the number of individuals who leave financial institutions (FIs) to join Single Family Offices (SFOs) is not available.
- MAS
- Parliamentary Replies
Last revised date:
- MAS will calibrate the minimum qualifying loan amount to better meet the needs of SMEs. * * *
- Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1. The MAS’ Green Bond Grant Scheme was launched three years ago to catalyse the green bond market in Singapore. T o-date, more than SGD6.5 billion of green bonds have been issued in Singapore. 2.
- In February 2019, MAS lowered the minimum issuance size from SGD200 million to SGD20 million to support more issuers, including medium-sized enterprises. MAS also expanded the scope of the scheme to include social and sustainability bonds and renamed it the Sustainable Bond Grant Scheme. 3.
- MAS
- Notices
Last revised date:
- Amendment Notes 16 Mar 2021 MAS Notice 811 (Amendment) 2021 (239.7 KB) takes effect. 01 Jan 2018 MAS Notice 811 dated 29 December 2017 (355.8 KB) takes effect. 01 Jan 2018 MAS Notice 811 dated 11 March 2005 (40.8 KB) is cancelled. 14 Mar 2005 MAS Notice 811 dated 1 December 1983 is cancelled.
- TO FINANCE COMPANIES FINANCE COMPANIES ACT, CAP 108 (MAS Notice 811 dated 11 March 2005 is cancelled.)
- TO FINANCE COMPANIES FINANCE COMPANIES ACT, CAP 108 (MAS Notice 811 dated 1 December 1983 is cancelled.)
- MAS
- Speeches
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- Yet we do not propose to bring ostrich egg trading under the MAS Act.
- We must do more to institutionalise these non-supervisory functions in MAS. 68 Many bankers have suggested to me that regulation and development are incompatible functions. They worry that MAS will be too cautious in development, because its primary mission is regulation.
- MAS should continue to be responsible for developing the financial sector, of course working closely with other agencies like MOF and IRAS, and even outside the MOF family, with EDB and NCB. But how to build up this capability within MAS is something we will have to consider.
- MAS
- Economic Essays
Last revised date:
- Professor Baldwin visited MAS in April 2017 as the MAS-NUS Term Professor in Economics and Finance. The views in this article are solely those of the author and should not be attributed to MAS.
- Monetary Authority of Singapore Economic Policy Group
- industry clustered developing nations (the Monetary Authority of Singapore Economic Policy Group -------- Special Features 93 has The advantage. globalisation facilitiesmost of value chain trend.
- MAS
- Media Releases
Last revised date:
- Singapore, 6 May 2021… The Monetary Authority of Singapore (MAS) announced the launch of the 6th edition of the Global FinTech Hackcelerator, with the theme “Harnessing Technology to Power Green Finance”.
- All FinTech firms and solution providers are encouraged to submit their applications for the MAS Global FinTech Hackcelerator here by 11 June 2021. ***
- Mr Sopnendu Mohanty, Chief FinTech Officer of MAS said, “Green FinTech can be an important enabler to accelerate Asia’s transition to a low carbon future.
- MAS
- Parliamentary Replies
Last revised date:
- MAS has and will continue to enhance the application experience where possible, by simplifying and automating the process, and factoring in market feedback. ***
- These guides provide details such as admission criteria, information required in the application, and factors that MAS focuses on when assessing different types of business models.
- MAS also publishes an annual licensing and registration report that shares average processing times, factors that lead to extended processing times, as well as broad reasons behind unsuccessful applications. 4 Our fund management industry is growing well.
- MAS
- Media Releases
Last revised date:
- Singapore, 6 May 2021… The Monetary Authority of Singapore (MAS) announced the launch of the 6th edition of the Global FinTech Hackcelerator, with the theme “Harnessing Technology to Power Green Finance”.
- All FinTech firms and solution providers are encouraged to submit their applications for the MAS Global FinTech Hackcelerator here by 11 June 2021. ***
- Mr Sopnendu Mohanty, Chief FinTech Officer of MAS said, “Green FinTech can be an important enabler to accelerate Asia’s transition to a low carbon future.
- MAS
- Letters to Editor
Last revised date:
- Jerome Lee Director (Corporate Communications) Monetary Authority of Singapore
- MAS requires insurers to treat customers fairly and disclose all relevant information, including that IP and IP rider premiums are not guaranteed. MAS will take insurers to task for poor pricing practices or unfair treatment of customers.
- The Monetary Authority of Singapore (MAS) and the Ministry of Health (MOH) engage insurance companies on their pricing methodologies. Insurers are expected to price their products in a sustainable manner, using reliable data and making realistic assumptions.
- MAS
- Media Releases
Last revised date:
- Singapore 29 June 2006...MAS has launched the Finance Scholarship Programme (FSP) under the Financial Sector Development Fund (FSDF).
- It expects to award some 150 FSP scholarships over the next 5 years. 13 financial institutions have come on aboard to co-sponsor 120 scholars and MAS expects more institutions to participate in the programme. 4 MAS will also leverage on our local universities to identify and prepare a pipeline of outstanding
- Upon graduation, FSP scholars will return to Singapore to contribute in their respective fields with their sponsoring financial institutions. 3 MAS will set aside a budget of S$30 million from the FSDF over the next 5 years.