Showing 4089 Documents for "payment services"

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    • MAS
    • Guidelines

    Last revised date:

    • Guidelines for banks on Notice 626 for the prevention of money laundering and countering the financing of terrorism. These guidelines provide guidance to all banks on the requirements in Notice 626 on Prevention of Money Laundering and Countering the Financing of Terrorism – Banks . They should be read in conjunction with the notice. 24 Apr 2015 Previous version dated 24 Apr 2015 (605.4 KB) [Cancelled] 02 Dec 2009 Previous version dated 02 December 2009 (162.8 KB) [Cancelled] Monetary Authority
    • MAS
    • Speeches

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    • This interconnection will result in a common e-payment platform in Singapore that will serve as the basis for offering new and innovative payment services. 
    • First, many financial services where professional advice is not involved - for example, deposit and loan products, credit card and payment services - will not be covered by the FAA. 
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 15 September 2022… Mr Lawrence Wong, Deputy Prime Minister and Minster for Finance, and Monetary Authority of Singapore (MAS) Deputy Chairman, launched the Financial Services Industry Transformation Map (ITM) 2025 today. The ITM 2025 lays out the growth strategies to further develop Singapore as a leading international financial centre in Asia – to connect global markets, support Asia’s development, and serve Singapore’s economy. 2. MAS projects the financial sector to grow by an average
    • MAS
    • Consultations

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    • for services rendered by him in connection with the administration of the assets, or for any goods supplied by him to the liquidator for or on account of the VCC or the sub-fund of an umbrella VCC, as the case may be. -------- (2) In a winding up by the Court, if it appears to the Official Receiver
    • No member of a committee of inspection shall, except under and with the sanction of the Court, directly or indirectly, by himself or any employer, partner, agent or employee, be entitled to derive any profit from any transaction arising out of the winding up, or to receive out of the assets any payment
    • MAS
    • Speeches

    Last revised date:

    • Good morning, and welcome to MAS’ first virtual media conference for the annual report. I hope everyone has been keeping well. GLOBAL ECONOMY Let me begin with the global economy. There are three points I’d like to make. The world is facing an unprecedented economic situation. The outlook is highly uncertain. Recovery will be uneven. The world is facing a public health crisis and a consequent economic crisis . The COVID-19 virus has now spread to all corners of the world. Measures necessary to contain
    • PDPC
    • Public Consultations

    Last revised date:

    • PUBLIC CONSULTATION ISSUED BY THE PERSONAL DATA PROTECTION PROPOSED BUSINESS OPERATION OF THE DO NOT CALL REGISTRY COMMISSION SUBMISSION BY THE STARHUB GROUP TO THE PERSONAL DATA PROTECTION COMMISSION 14 June 2013 Contact : Address Phone Email : : : : Veronica Lai / Jamie Seah StarHub Ltd 67 Ubi Avenue 1 #05-01 StarHub Green Singapore 408942 6825 5136 / 6825 5138 veronical@starhub.com
    • MAS
    • Monographs/Information Papers

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    • [PFMI P7; KC7] 2.34 MAS-operated FMIs must use their access to central bank accounts, payment services, or securities services, where practical, to enhance their management of liquidity risk.
    • MAS
    • Speeches

    Last revised date:

    • Services Act; and allowing experimentation through regulatory sandboxes.
    • conducive regulatory approach that facilitates innovation while managing risks: simplifying rules; selectively easing licensing criteria; providing guidance on new areas like cloud computing, robo-advisers, and digital tokens; adopting activity-based regulation right-sized to the risks posed, as in our Payment
    • MAS
    • Speeches

    Last revised date:

    • Yet large segments of Asia’s population have no access to banking and payments services, insurance cover, or investment opportunities. According to the World Bank, 170 million people in the ten member states of ASEAN with mobile phones remain unbanked.
    • MAS
    • Media Releases

    Last revised date:

    • NETS 1 and National Payments Corporation of India (NPCI) 2 have entered a partnership to establish a cross-border payment linkage between Singapore’s PayNow and India’s Immediate Payment Service (IMPS).