Showing 5563 Documents for "MAS"
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- MAS
- Media Releases
Last revised date:
- Joint Media Release By MAS and Vietnam MOF/SSC Singapore, 2 April 2007...The Monetary Authority of Singapore (MAS) and Vietnam Ministry of Finance (MOF) and its State Securities Commission (SSC) have jointly launched the Vietnam-Singapore Listing Preparatory Programme in Hanoi.
- The launch was officiated by Singapore’s Minister for Trade and Industry and Deputy Chairman of MAS, Mr Lim Hng Kiang, and Vietnam’s Minister for Finance, Mr Vu Van Ninh. 2 The Listing Preparatory Programme is the first joint collaboration between the governments of Vietnam and Singapore to prepare
- The Agreement provides for MAS to work closely with the relevant Vietnam authorities to support the efforts of Vietnamese companies in tapping international capital markets. 3 The Programme includes training of Vietnamese companies preparing for a listing on corporate restructuring, corporate governance
- MAS
- Media Releases
Last revised date:
- MAS Press Statement on Structured Products In consultation with MAS, financial institutions that have sold the DBS High Notes 5, Lehman Minibonds and Merrill Lynch Jubilee Series 3 are in the process of appointing independent parties to oversee their complaints handling and resolution processes for
- If the shortcomings persist, MAS is to be notifed immediately. (c) Any other matter that will ensure that FI deal with investors' complaints fairly, effectively and promptly.
- Where there is any evidence of mis-selling, there must be a process to surface this to the attention of senior management and to MAS. (iii) The FI should communicate the result of the assessment of every complaint to the complainant in a timely manner.
- MAS
- Media Releases
Last revised date:
- Singapore, 26 May 2016 … The Monetary Authority of Singapore (MAS) today announced that the maximum loan-to-value (LTV) ratios and loan tenure allowed for motor vehicle loans will be eased, although restrictions will remain in place for the long term.
- The purchase price includes relevant taxes and price of the COE. 6 The Ministry of Trade and Industry will apply the revised financing restrictions to non-MAS regulated entities which extend motor vehicle financing on a hire-purchase basis.
- The adjustments follow the sustained moderation in Certificate of Entitlement (COE) premiums and in resulting inflationary pressures over the last three years. 2 In 2013, MAS introduced restrictions on motor vehicle loans by financial institutions, to moderate the demand for cars and COEs and alleviate
- MAS
- Parliamentary Replies
Last revised date:
- Answer by Mr Lawrence Wong, Minister for Culture, Community and Youth on behalf of Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in Charge of MAS: 1 The overall debt situation in Singapore remains healthy.
- MAS is getting from the Credit Bureau a full and more accurate estimate of the number of affected borrowers by the end of this month. 2 I agree with Ms Foo that affected individuals will need help to adjust as well as more time.
- For Parliament Sitting on 10 March 2015 Name and Constituency of MP Ms Foo Mee Har, MP for West Coast GRC Question: The MAS has announced that effective June 2015 it will impose a borrowing limit of 12 months' income for an individual's aggregated unsecured debt across banks.
- MAS
- Parliamentary Replies
Last revised date:
- Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1. Financial institutions (FIs) regulated by MAS provide about 98% of all credit extended to Singapore households.
- forms of lending which may take place outside the purview of financial institutions regulated by MAS; (b) whether MAS studies scenarios in which the total debt servicing ratio may underestimate household exposure; and (c) whether stress test simulations are conducted to assess household vulnerability
- MAS additionally conducts stress tests to assess the resilience of household debt serviceability under adverse scenarios of sharp interest rate hikes and significant income losses.
- MAS
- Parliamentary Replies
Last revised date:
- Answer by Mr Lawrence Wong, Minister for Culture, Community and Youth on behalf of Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in Charge of MAS: 1 The overall debt situation in Singapore remains healthy.
- MAS is getting from the Credit Bureau a full and more accurate estimate of the number of affected borrowers by the end of this month. 2 I agree with Ms Foo that affected individuals will need help to adjust as well as more time.
- For Parliament Sitting on 10 March 2015 Name and Constituency of MP Ms Foo Mee Har, MP for West Coast GRC Question: The MAS has announced that effective June 2015 it will impose a borrowing limit of 12 months' income for an individual's aggregated unsecured debt across banks.
- MAS
- Forms and Templates
Last revised date:
- ACCEPTANCE OF OFFER OF COMPOSITION MADE BY THE MONETARY AUTHORITY OF SINGAPORE 1.
- The offer made by the Monetary Authority of Singapore is as follows: No. Offence and date of offence Composition sum offered (Brief description of the offence, the provision of the Act breached and the date of the breach) (State composition sum) 3.
- I, _________ [Name and NRIC/Passport Number] [If made by an officer of a body corporate, a partner of a partnership, or an officer or a member of governing body of an unincorporated association, to state his position], acknowledge that the Monetary Authority of Singapore has by way of a letter dated
- MAS
- Forms and Templates
Last revised date:
- ACCEPTANCE OF OFFER OF COMPOSITION MADE BY THE MONETARY AUTHORITY OF SINGAPORE 1. I, __________________________________[Name and NRIC/Passport No.]
- [If made by an officer of a body corporate, partner of partnership, or officer or member of governing body of unincorporated association, to state his position], acknowledge that the Monetary Authority of Singapore has by way of a letter dated _________________
- The offer made by the Monetary Authority of Singapore is as follows: Offence and date of offence Composition sum offered No. 1. of the description (Brief offence, and state the provision of the Act breached and the date of the breach) (State composition sum) 3.
- MAS
- Notices
Last revised date:
- Amendment Notes 01 Jul 2021 MAS Notice 1011 (76.1 KB) dated 7 September 2007 is cancelled. 07 Sep 2007 MAS Notice 1011 dated 7 September 2007 takes effect. 07 Sep 2007 MAS Notice 1011 dated 1 November 1985 is cancelled.
- MAS Notice 1011 dated 01 5 November 1985 is cancelled with immediate effect.
- MAS 1011 7 September 2007 NOTICE TO MERCHANT BANKS (MAS Notice 1011 dated 01 November 1985 is cancelled with effect from 7 September 2007) Appointment of Chief Executives This Notice is issued pursuant to section 28(3) of the Monetary Authority 1 of Singapore Act (Cap. 186
- MAS
- Letters to Editor
Last revised date:
- Jerome Lee Director (Corporate Communications) Monetary Authority of Singapore
- Dear Editor, MAS Highlights Rules for Banks Selling Investment Products We refer to Ms Agnes Sng Hwee Lee’s letter calling on MAS to impose regulations pertaining to sales practices for investment products sold by banks to consumers (“Relook consumer banking practices”, 4 April 2020).
- From MAS’ supervisory reviews, the titles attached to bank officers do not make a substantive difference to the sales process.