Showing 4566 Documents for "economic issues"
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- MAS
- Guidelines
Last revised date:
- Guidelines for financial advisers to safeguard the interest of clients when distributing life policies online without the provision of advice. These guidelines apply to all licensed financial advisers and exempt financial advisers. They set out the safeguards that financial advisers should put in place when distributing life policies online without advice which include: Offer of equivalent Direct Purchase Insurance products (DPI). Provision of key information. Provision of tools and calculators.
- PDPC
- Commission's Decisions
Last revised date:
- A warning was issued to Dimsum Property for failing to make reasonable security arrangements to prevent unauthorised access of individuals’ personal data stored in web directories. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC 20 Case No DP-1805-B2096 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Dimsum Property Pte. Ltd. Organisation DECISION -------- Dimsum Property Pte. Ltd.
- MAS
- Media Releases
Last revised date:
- Singapore, 19 November 2020…The Monetary Authority of Singapore (MAS) today unveiled the 2021 Year of the Ox Almanac coins, the fifth issue in the Singapore Fourth Chinese Almanac Coin Series The Series was launched in 2017 and a new coin will be issued each year over a span of 12 years to 2028. Each year’s issue depicts a zodiac animal in a park or natural landscape setting in Singapore. . The 10 versions of the collectible coins will be issued on 1 January 2021. 2021 Year of the Ox Coins 2 The
- MAS
- Forms and Templates
Last revised date:
- Form for licensed financial advisers to submit their audited annual profit and loss statement to MAS. The form is to be submitted within 5 months from the end of each financial year. Note: With the removal of the "marketing of collective investment scheme" as a regulated activity under the Financial Advisers Act with effect from 08 October 2018, Form 14 has been accordingly revised. Please note that the revised Form 14 is to be used only in respect of submissions for financial year ending after 31
- MAS
- Guidelines
Last revised date:
- Sets out expectations for the conduct of licensed trust companies. These guidelines set out the standards of conduct expected of licensed trust companies, such as: Conducting trust business with integrity. Ensuring the competency of officers and employees. Acting with due care and diligence. Instituting policies, procedures and processes for complaints handling, acceptance of business and compliance with all applicable laws. The Monetary Authority of Singapore TRUST COMPANIES ACT (ACT 11 OF
- MAS
- Notices
Last revised date:
- Requirements for all finance companies on the minimum cash balance and minimum liquid assets. This notice applies to all finance companies. It sets out the requirements on the minimum cash balance and minimum liquid assets. Amendment Notes 13 Apr 2011 MAS Notice 806 (Amendment) 2011 takes effect. 28 Sep 2006 MAS Notice 806 (Amendment) 2006 takes effect. 09 May 2000 MAS Notice 806 is modified to the extent stated in Circular FSG 16/2000 07 May 1999 MAS Notice 806 is modified to the extent stated in
- PDPC
- Commission's Decisions
Last revised date:
- Directions were issued to Kingsforce Management Services to ensure the implementation of regular patching, updates and upgrades for all software and firmware supporting its website(s) and application through which personal data in its possession may be accessed. Click here for more information. PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPCS1 Case No. DP-2202-B9480 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And
- MAS
- Media Releases
Last revised date:
- Singapore, 4 November 2020… The Monetary Authority of Singapore (MAS) has taken several strong actions against financial institutions (FIs) and individuals for market abuse, financial misconduct, and control breaches related to money laundering. In its Enforcement Report (933.8 KB) published today, covering the period January 2019 to June 2020, MAS detailed various enforcement actions taken for breaches of MAS regulations and requirements. 2 MAS imposed $11.7 million in civil penalties and, together
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback Received on Proposed Amendments to the Banking Act (586.2 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Amendments to the Banking Act (503.4 KB) RESPONSE TO FEEDBACK RECEIVED January 2016 Response to Feedback Received Proposed Amendments to the Banking Act Monetary Authority Of Singapore 1 -------- Response to Feedback Received Proposed Amendments to the Banking Act 25 January 2016 Contents 1 Preface
- MAS
- Consultations
Last revised date:
- Response VIEW DOCUMENT Response to Feedback: Consultation on the Financial Holding Companies Bill (58.1 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on the Financial Holding Companies Bill (408.9 KB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION ON THE FINANCIAL HOLDING COMPANIES BILL Introduction 1.1 On 29 October 2012, the Monetary Authority of Singapore (MAS) issued the draft Financial Holding Companies Bill (FHC Bill) for public consultation. When enacted, the