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    • MAS
    • Media Releases

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    • Each set comes in a wooden case and a Certificate of Authenticity issued by MAS.
    • The Monetary Authority of Singapore (MAS) today launched the 2003 Sterling Silver Proof Coin Set in the Cultural and Heritage Site series. The Sterling Silver Proof Coin sets, first issued in June 2000, features the cultural and heritage sites of Singapore. 
    • Public bidding for the sets can be done through fax at 6565 2626 or online @ www.mint.com.sg . *** Sale and Price Details The 2003 Sterling Silver Proof Coin Set will be sold by The Singapore Mint, MAS' sole sales agent, at $128.00 each (inclusive of 4% GST). 
    • MAS
    • Media Releases

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    •    Singapore, 27 June 2003...The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) are organising a two-day Risk Conference on 30 June and 1 July 2003. The Risk Conference is titled "Managing Risk in a Changing Environment."
    • Mr John Palmer, Deputy Managing Director (Prudential Supervision), MAS, will deliver the keynote speech on 30 June at 9.15 am. The speech will be open for media coverage.
    • . *** Annex A RISK CONFERENCE 2003 "MANAGING RISK IN A CHANGING ENVIRONMENT" Day One - "Consumer Banking in Asia" 9.15 am Keynote Speech John Palmer Deputy Managing Director (Prudential Supervision), Monetary Authority of Singapore 10.15 am Consumer Banking in Asia - Opportunity of the Decade but What
    • MAS
    • Speeches

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    • The sukuk will be given equal regulatory treatment as SGS, such as qualifying as an asset in the computation of capital and liquidity requirements, and as eligible collateral for tapping MAS' liquidity facility. 
    • The financial industry has encouraged us to develop Shariah compliant financial services, by building on our existing strengths in banking, trade finance, capital markets and asset management. 3   MAS is an integrated regulator – we oversee all forms of financial services.  
    •  Your Excellency Abdulla Hasan Saif, Chairman, The Islamic Bank of Asia, Mr Viswanathan Shankar, Group Management Committee Member, Standard Chartered Bank, Mr Lucien Wong, Managing Partner of Allen and Gledhill, Ladies and Gentlemen, 1   It is my pleasure to welcome you this afternoon to the MAS and
    • MAS
    • Media Releases

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    • Singapore, 1 September 2016… The Monetary Authority of Singapore (MAS) announced today that the refinancing rules under the Total Debt Servicing Ratio (TDSR) framework will be fine-tuned to allow borrowers more flexibility in managing their debt obligations.
    • Please refer to the Annex for a summary of the rules. 9    MAS Deputy Managing Director, Mr Ong Chong Tee, said: “The TDSR is a structural measure to encourage prudent borrowing by households.
    • Refinancing of owner-occupied housing loans 3    Under current rules, for owner-occupied residential properties bought before the introduction of TDSR, a borrower may be exempted from the TDSR framework when he refinances his housing loan. 4    MAS will now extend the same concession on refinancing to
    • MAS
    • Media Releases

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    • from the Court requiring that person to pay a civil penalty to MAS.
    • As this case illustrates, MAS will not hesitate to pursue and take stern action against anyone who attempts to rig our capital markets, regardless of whether the perpetrator is in Singapore or overseas.”
    • MAS may enter into agreements with any person for that person to pay, with or without admission of liability, a civil penalty within the limits referred to in Section 232 for a contravention of any provision of the SFA, Part XII.
    • MAS
    • Media Releases

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    • Singapore, 27 February 2017… The Monetary Authority of Singapore (MAS) announced today that it has formed a Corporate Governance Council (Council) to review the Code of Corporate Governance (CG Code).
    • MAS has been monitoring these market developments and industry feedback on how the CG Code can be improved.
    • Representatives from MAS, the Accounting and Corporate Regulatory Authority (ACRA) and SGX will also be appointed to the Council.
    • MAS
    • Exemptions

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    • The relevant persons exempted from section 309B(2) of the SFA were hence also granted exemption from compliance with the requirements of MAS Notice SFA 04 - N12 and MAS Notice FAA -N16 in respect of any dealings in or transaction of the Offer.
    • Related to this, MAS also exempted any relevant person appointed or engaged in respect of the Offer from the requirement under section 309B(2) of the SFA to be notified of the classification before making the Offer.
    • of exemptions provided Date of exemption granted Description 1 Exemption from requirement to hold a Capital Markets Services (CMS) licence for fund management 15 Section 99(1)(h) of the SFA, read with section 337(2) of the SFA 20 Jan, 22 Jan, 5 Feb and 25 Feb 2021 MAS
    • MAS
    • Media Releases

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    • Singapore, 21 June 2023… The Monetary Authority of Singapore (MAS) today published a whitepaper proposing a common protocol to specify conditions for the use of digital money such as central bank digital currencies (CBDCs), tokenised bank deposits Tokenised Bank Liabilities – tokens on a ledger that
    • ’ Project Orchid Project Orchid is an ongoing initiative led by MAS to develop the competency and digital infrastructure needed to issue a digital Singapore dollar domestically.
    • : DBS, Grab, FAZZ, NETS and UOB, will trial the use of PBM based cashback and other incentives to improve consumer experiences while reducing frictions faced by merchants, such as manual reconciliation of sales proceeds and time needed to onboard new sales campaigns. 6 The PBM whitepaper builds on MAS
    • MAS
    • Speeches

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    • If these meetings can be carried out effectively, MAS and SGX RegCo are open to allowing hybrid and fully virtual meeting formats as a long-term option.
    • ACRA, MAS and SGX RegCo have jointly published a checklist to guide issuers on the baseline requirements that issuers should adhere to in the conduct of their general meetings.
    • MAS supports this industry driven approach to develop good disclosure practices beyond passive reliance against a rulebook. It will engender confidence and trust, and allow market discipline to thrive.
    • MAS
    • Speeches

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    •  Speech by Mr Tharman Shanmugaratnam Deputy Prime Minister, Minister for Finance, Minister for Manpower, Chairman of Monetary Authority of Singapore Speech at the FICS Annual Conference 2012 Marriott Hotel, 22 May 2012 Mr Ravi Menon, Managing Director of MAS and Chairman of IBF, Distinguished Guests
    • MAS will work with financial institutions to co-fund programmes to nurture young Singaporeans for roles that can lead on to leadership in various segments of the business.
    • To help achieve this, MAS will provide more scholarships under an expanded Financial Scholarship Programme (FSP).  This will enable early-career Singaporeans to develop in specialist tracks such as quantitative finance, risk management, actuarial science and specialty insurance.