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- MAS
- Media Releases
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- Singapore, 29 November 2021… The Institute of Banking and Finance Singapore (IBF) and the Monetary Authority of Singapore (MAS) launched today two skills maps for family office professionals under the Skills Framework for Financial Services The Skills Framework for Financial Services provides useful information on occupations and job roles, career pathways, existing and emerging skills, training programmes for skills upgrading and mastery, and sector information. . The new skills maps serve as a
- MAS
- Media Releases
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- INTRODUCTION MAS has put in place a new organisational structure with effect from 1 April 1998. The new structure will better support MAS' expanded roles and functions and its new regulatory approach. It will also align MAS' organisational capabilities with changes in the external environment. 2 Expanded Roles and Functions: MAS' principal functions remain unchanged, namely to promote macroeconomic stability, foster a sound financial system, develop Singapore as an international financial centre
- MAS
- Speeches
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- OVERVIEW "Moving on to the Financial Advisers Bill (FA Bill), Mr Speaker Sir, I beg to move that the Bill now be read a second time. 2 The FA Bill proposes to regulate Financial Advisers and their representatives, and to repeal the Insurance Intermediaries Act (Chapter 142A, 2000 Revised Edition). It will govern all financial advisory activities in respect of investment products 1 , and the marketing of specific investment products, namely life insurance policies and collective investment schemes
- PDPC
- Public Consultations
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- PDPC’s Public Consultation on Proposed Data Portability and Data Innovation Provisions Submission by Singapore Health Services Pte Ltd (SingHealth) Contact SingHealth Data Protection Office: pdpa@singhealth.com.sg 1 -------- Comments on Proposed Data Portability Obligation Q1. What are your views on the impact of data portability, specifically on consumers, market and economy? As public healthcare providers, much of our
- MAS
- Speeches
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- "Building a Brighter Future for Asia Together" 1 Welcome to Singapore. I thank Nomura for holding its fourth Asia Equity Forum here, and for bringing together this diverse group of companies, financial institutions and investors. I hope that this forum will serve as a platform for forging new business relationships and conceiving new growth opportunities. 2 Last week, the World Economic Forum on East Asia hosted more than 300 leaders from business, politics, government, civil society and
- MAS
- Speeches
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- MD’s speech can be viewed here from 21:36 to 44:41 . Good morning and thank you for joining us. At the “Growing Timber” webinar six months ago, I spoke about: how jobs are the central economic challenge of our times; where the job opportunities in financial services are; how we can make our tertiary students job-ready for the financial sector; and how we can help our mid-career workers retain their jobs amid technological changes. Today, I want to focus on two topics: an update on job opportunities
- MAS
- Parliamentary Replies
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- Issues Raised in Parliament ANSWER TO PARLIAMENTARY QUESTION ON: Pace and Path of Banking Mergers in S'pore For Parliament Sitting on 15 Apr 1999 Question: To ask the Deputy Prime Minister whether the Government's position in determining the pace and path of banking mergers in Singapore is contradictory to the principle of adhering to free market forces in Singapore's open economy Answer: 1 The Government must set the pace of liberalisation in the banking sector, because we do not start from a totally
- MAS
- Enforcement Actions
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- Singapore, 10 April 2019… The Monetary Authority of Singapore (MAS) has issued prohibition orders (POs) against two former bank employees and a former insurance agent for fraudulent and dishonest conduct. The individuals are: Name Duration of Prohibition Orders Ms Emeline Tang Wei Leng, former representative of the Hong Kong and Shanghai Banking Corporation Limited (HSBC) 20 years Mr Nguyen Duy Minh, former representative of United Overseas Bank Limited (UOB) 12 years Mr Koh Zhan Loong John, former
- MAS
- Enforcement Actions
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- Singapore, 10 October 2018… The Minister in Charge of the Monetary Authority of Singapore (MAS) has varied the prohibition orders made by MAS against two individuals. Prohibition Orders against Mr Lim Fang Wee 2 On 3 May 2018, MAS announced the issuance of prohibition orders against Mr Lim Fang Wee for a period of four years, with effect from 30 April 2018. The orders prohibit him from performing any regulated activity under the Securities and Futures Act (SFA) and any financial advisory service
- MAS
- Media Releases
Last revised date:
- Singapore, 10 October 2018… The Minister in Charge of the Monetary Authority of Singapore (MAS) has varied the prohibition orders made by MAS against two individuals. Prohibition Orders against Mr Lim Fang Wee 2 On 3 May 2018, MAS announced the issuance of prohibition orders against Mr Lim Fang Wee for a period of four years, with effect from 30 April 2018. The orders prohibit him from performing any regulated activity under the Securities and Futures Act (SFA) and any financial advisory service