Showing 4566 Documents for "economic issues"
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- MAS
- Guidelines
Last revised date:
- Guidelines on the scope of regulation and exemption under the Trust Companies Act. These guidelines set out the scope of trust business activities and provides examples of what MAS considers to be: Creation of an express trust, or arranging for any person to act as a trustee. Providing trust administration services for an express trust. Procedural and non-discretionary trust administrative services. The Monetary Authority of Singapore TRUST COMPANIES ACT (ACT 11 OF 2005) GUIDELINES ON SCOPE
- MAS
- Exemptions
Last revised date:
- Criteria to be met by a related corporation, which intends to enjoy the exemption granted under regulation 12(b) of the the Insurance (Authorised Reinsurers) Regulations. This notice applies to all authorised reinsurers. It sets out the criteria to be met by a related corporation that intends to enjoy the exemption granted under regulation 12(b) of the the Insurance (Authorised Reinsurers) Regulations. Regulation 12(b) of the Regulations provides that section 56A of the Insurance Act (Cap.142) shall
- MAS
- Media Releases
Last revised date:
- Singapore, 16 April 2020...The Ministry of Finance (MOF), the Inland Revenue Authority of Singapore (IRAS), and the Monetary Authority of Singapore (MAS) today announced new measures to provide real estate investment trusts listed on the Singapore Exchange (S-REITs) with greater flexibility to manage their cash flows and raise funds amid a challenging operating environment due to COVID-19. These comprise an extension of the deadline for distribution of taxable income by MOF and IRAS, as well as a
- MAS
- Exemptions
Last revised date:
- This consultation seeks views on (i) MAS’ proposal to exempt foreign head offices or branches of financial institutions in Singapore from the applicable business conduct and representative notification requirements when they serve Singapore customers; and (ii) proposed notification and annual reporting forms, as well as the draft regulations and notices, for both the proposed Branch Framework and notified FRC framework. Response VIEW DOCUMENT Response to Consultation on Proposed Exemption Framework
- MAS
- Speeches
Last revised date:
- 1 The Minister for Trade and Industry and Deputy Chairman of the Monetary Authority of Singapore (MAS) today moved two Bills for first reading in Parliament, namely: The Securities and Futures (Amendment) Bill 2008 (“SF(A) Bill”); and The Financial Advisers (Amendment) Bill 2008 (“FA(A) Bill”). 2 MAS has conducted public consultations on the policy reforms and the draft Amendment Bills. Comments received have been incorporated, where appropriate, into the Amendment Bills. MAS' responses to
- MAS
- Consultations
Last revised date:
- Consultation Paper VIEW DOCUMENT Draft Guidelines on the Application of Section 339 (Extra-Territoriality) of the Securities and Futures Act (373.4 KB) CONSULTATION PAPER 09 - 2003 September 2003 Draft Guidelines on the Application of Section 339 of the Securities and Futures Act (Cap. 289) -------- CONSULTATION PAPER ON DRAFT GUIDELINES ON THE APPLICATION OF SECTION 339 (EXTRA-TERRITORIALITY) OF THE SECURITIES AND FUTURES ACT (CAP. 289) SEP 2003 1.0 BACKGROUND 1.1 Section
- MAS
- Parliamentary Replies
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- QUESTION NO 669 NOTICE PAPER 258 OF 2021 FOR ORAL ANSWER Date: For Parliament Sitting on 16 February 2021 Name and Constituency of Member of Parliament Mr Desmond Choo, MP, Tampines GRC Question: To ask the Prime Minister (a) whether there are signs of significant increase in securities trading fuelled by online discussions and social media chat groups; (b) what are the protections against such activities destabilising the smooth running of the securities market; and (c) whether MAS is considering
- MAS
- Consultations
Last revised date:
- Response VIEW DOCUMENT Response to Feedback Received for Consultation Paper on Unsecured Credit Facilities (162.5 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Unsecured Credit Rules (52.7 KB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION ON CHANGES TO UNSECURED CREDIT RULES Introduction 1 1.1 On 7 August 2006, Monetary Authority of Singapore (MAS) and the Ministry of Law (MinLaw) released a Joint Consultation Paper on the proposed changes to the Unsecured
- MAS
- Speeches
Last revised date:
- 1 Distinguished guests, ladies and gentlemen, thank you for inviting me here this morning. The annual ABS Financial Crime Seminar has become a key event on Singapore’s anti-money laundering and counter-terrorism financing (AML/CFT) calendar. It is a good opportunity for our banking industry at large to take stock of the current challenges and trends, as well as to discuss priorities. As the diverse programme of this conference shows, money laundering and terrorist financing (ML/TF) is a complex
- PDPC
- Commission's Decisions
Last revised date:
- A financial penalty of $13,500 was imposed on SAP Asia for failing to put in place reasonable security arrangements to protect personal data of its former employees. This resulted in an unauthorised disclosure of the personal data to unintended recipients. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2021] SGPDPC 6 Case No. DP-2004-B6180 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And SAP Asia Pte. Ltd. DECISION