Showing 4089 Documents for "payment services"

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    • PDPC
    • Public Consultations

    Last revised date:

    • RESPONSE TO PUBLIC CONSULTATION PAPER Consultation topic: Name1/Organisation: 1if responding capacity in a personal PUBLIC CONSULTATION ON REVIEW OF THE PERSONAL DATA PROTECTION ACT 2012 – PROPOSED DATA PORTABILITY AND DATA INNOVATION PROVISIONS FWD Singapore Pte. Ltd. 1 -------- Question 1: What are your views on the impact of data portability, specifically on consumers, market and economy? Comments: i. ii. iii. The data portability request is
    • MAS
    • Monetary Policy Statements

    Last revised date:

    • 14 October 2021 INTRODUCTION 1.   In its April 2021 Monetary Policy Statement, MAS kept the rate of appreciation of the S$NEER policy band at zero percent, with no change to the width of the policy band or the level at which it was centred. This policy stance was appropriate as core inflation was projected to rise only gradually from subdued levels and keep below its historical average. Chart 1 S$ Nominal Effective Exchange Rate (S$NEER) 2.   Over the last six months, the S$NEER broadly fluctuated
    • PDPC

    Last revised date:

    • GUIDE TO DATA SHARING Revised 1 February 2018 1 -------- TABLE OF CONTENTS PART 1: INTRODUCTION.............................................................................................................. 3 PART 2: FACTORS TO CONSIDER BEFORE SHARING .................................................................... 6 PART 3: THE “HOW” OF PERSONAL DATA SHARING .........................................................
    • MAS
    • Guidelines

    Last revised date:

    • How to qualify to be a CMS licensee (other than a fund manager or REIT manager). These guidelines set out the licensing criteria for capital markets services (CMS) licensees who are: Broker-dealers Corporate finance advisors Securities financiers Custodians Credit rating agencies The licensing criteria include fitness and propriety, base capital and professional indemnity insurance. Guidelines on Criteria for the Grant of a Capital Markets Services Licence Monetary Authority of Singapore
    • MAS
    • Media Releases

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    • Singapore, 5 December 2013 … MAS has been actively engaging Standard Chartered Bank (SCB) on the theft of some of its clients’ bank statements. The theft occurred at a third party service provider which SCB engaged to print these statements. 2   The bank has confirmed to MAS that this incident has not compromised the bank’s own IT systems or infrastructure. We will review SCB’s investigation report and consider if regulatory action against the bank is warranted. 3   Globally, financial institutions
    • MAS
    • Circulars

    Last revised date:

    • Requirements for banks when setting up limited purpose branches to provide remittance and money-changing services. Date: 30 June 2003 Cir. No. BD 15/2003 Dear Sir/Madam To Chief Executive Officers of All Banks SETTING UP OF ADDITIONAL OUTLETS TO PROVIDE REMITTANCE AND MONEY-CHANGING SERVICES MAS has received enquiries from banks on the setting up of additional outlets to provide remittance and money-changing services. 2 Banks may apply to MAS under
    • PDPC
    • Commission's Decisions

    Last revised date:

    • PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 35 Case No DP-1806-B2218 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Advance Home Tutors … Organisation DECISION -------- Advance Home Tutors [2019] SGPDPC 35 Yeong Zee Kin, Deputy Commissioner — Case No DP-1806-B2218 12 September 2019 Facts of the Case 1 On 7 June 2018, the Personal Data Protection Commission (the “Commission”)
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $1,000 was imposed on Advance Home Tutors for failing to put in place reasonable security arrangements to protect the personal data collected from its tutors and for not developing and implementing data protection policies and practices necessary to ensure its compliance with PDPA. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 35 Case No DP-1806-B2218 In the matter of an investigation under section 50(1) of the Personal Data Protection
    • MAS
    • Economic Essays

    Last revised date:

    • This study was published as Special Feature B in the Apr 2017 Macroeconomic Review. Special Features 85 Special Feature B The Role Of Exchange Rates In International Price Adjustment by Charles Engel1 Introduction competitiveness. There has been a great deal of attention recently focused on exchange rates and their role in For example, determining in September 2010, Guido Mantega, the Brazilian finance minister, commented that we are in the middle of a currency
    • MAS
    • Media Releases

    Last revised date:

    • 17 January 2012… The Monetary Authority of Singapore (MAS) will implement the regulatory framework for Credit Rating Agencies (CRA) with effect from today. 2   MAS had issued a consultation paper on the proposed CRA regulatory framework in March 2011, as well as conducted discussions with the industry and market practitioners. MAS has carefully considered the responses received and thanks all respondents for their constructive and useful feedback. ( Click here (371.5 KB) to view MAS' response to