Showing 4566 Documents for "economic issues"
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- MAS
- Explainers
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- Financial institutions must ensure that individuals meet the minimum criteria before issuing credit cards to them. Overview Financial institutions (FIs) must ensure that individuals meet the minimum criteria before issuing credit cards to them. These criteria vary depending on the age of the individual. The rules also cover the credit limits that FIs can grant to an individual. Regulatory credit limits are in place to help individuals to avoid borrowing beyond their means. Note: A borrower's credit
- MAS
- Media Releases
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- Singapore, 12 July 2006...The Monetary Authority of Singapore (MAS) today launched a set of coins to celebrate Singapore's 41 years of independence. The commemorative coins symbolise Singapore's pride in attaining independence and sovereignty as well as the country's aspirations going forward. About the Coin Design 2 The coin design features the official National Day Parade (NDP) 2006 logo with the theme 'OUR GLOBAL CITY, OUR HOME'. It portrays Singapore as a vibrant cosmopolitan city and an
- MAS
- Media Releases
Last revised date:
- 1 The Minister for Trade & Industry and Deputy Chairman of the Monetary Authority of Singapore (MAS), Mr Lim Hng Kiang, today moved the Monetary Authority of Singapore (Amendment) Bill ("the Bill") for first reading in Parliament. The Bill will be read a second time at the next available Parliamentary sitting. OVERVIEW 2 The Bill seeks to enable MAS to respond more effectively to the fast changing global financial landscape. 3 The amendments are aimed at improving accountability and governance
- MAS
- Media Releases
Last revised date:
- Singapore, 23 December 2014... The Monetary Authority of Singapore (MAS) today issued a response to feedback received on the consultation paper on facilitating bond offerings to retail investors published on 1 September 2014. In tandem with MAS’ consultation paper, the Singapore Exchange (SGX) had separately published a consultation paper on a proposed bond seasoning framework. Today, the SGX also released its response to feedback received on its consultation paper. 2 MAS thanks all respondents
- MAS
- Explainers
Last revised date:
- Financial institutions must ensure that individuals meet the minimum criteria before issuing credit cards to them. Overview Financial institutions (FIs) must ensure that individuals meet the minimum criteria before issuing credit cards to them. These criteria vary depending on the age of the individual. The rules also cover the credit limits that FIs can grant to an individual. Regulatory credit limits are in place to help individuals to avoid borrowing beyond their means. Note: A borrower's credit
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback: Draft Insurance (Amendment) Bill 2003 (60.8 KB) Consultation Paper VIEW DOCUMENT Draft Insurance (Amendment) Bill 2003 (419.4 KB) October 2003 Response To Feedback On Draft Insurance (Amendment) Bill 2003 -------- Response to Feedback on Draft Insurance (Amendment) Bill 2003 Oct 2003 TABLE OF CONTENTS Table of Contents ...............................................................................................................i Background
- 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
Last revised date:
- 13 December 2017 To: Personal Data Protection Commission Re: Submission of feedback for PDPC’s Public Consultation on the Proposed Revised Advisory Guidelines on NRIC Numbers With reference to the public consultation on the proposed revised advisory guidelines on NRIC numbers issued on 07 November 2017, comments from Manulife (Singapore) Pte Ltd are as follows: Question / paragraph from Public Consultation Our comments COVER NOTE - PART I: INTRODUCTION (2.2) The revised advisory
- MAS
- Media Releases
Last revised date:
- Date : For Parliament Sitting on 8 July 2002 The Deputy Prime Minister and Chairman of the Monetary Authority of Singapore ("MAS") today moved the Bills of Exchange Act (Amendment) Bill for the first reading in Parliament. 2 The Bill seeks to amend the Bills of Exchange Act for the purpose of establishing a Cheque Truncation System ("CTS"). Specifically, the amendments will allow for cheque presentment by electronic means and recognise the rights of a holder of an Image Return Document ("IRD
- MAS
- Media Releases
Last revised date:
- Singapore, 10 January 2013….The Monetary Authority of Singapore (MAS) announced today that it will issue “good-as-new” $2 notes, along with brand new ones, for the coming Lunar New Year. The “good-as-new” $2 notes are clean and crisp notes which are retrieved immediately after the Lunar New Year. 2 MAS prints and issues 100 million $2 polymer notes to the banks each Lunar New Year, in response to the tradition of giving brand new notes as “hong bao”. However, only about half of the new $2 notes