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    • MAS
    • Consultations

    Last revised date:

    • MAS' response MONETARY AUTHORITY OF SINGAPORE 12 July 2004 Allen & Gledhill Arthur D.
    • Please submit your written comments to MAS by 19 Jan 2004, indicating whether confidentiality is requested, addressed to: Market Conduct Policy Division Market and Business Conduct Department Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Email: btcon
    • MAS' Response MAS' intention is to allow trusts investing in real estate, including existing REITs, the flexibility to choose to be structured and regulated as a CIS under the CIS regime or as a BT under the BT regime.
    • MAS
    • Media Releases

    Last revised date:

    • The MAS spokesperson reiterated that MAS has instructed SGX Board and CEO to do a thorough review to address the shortcomings that led to the lapse and that MAS will not hesitate to take supervisory actions against SGX if necessary.
    • Singapore, 3 December 2014 … In response to media queries on the delayed opening of SGX’s securities markets, the MAS Spokesperson said that MAS has registered its disappointment and concerns with SGX over the delayed opening of its securities market caused by a software defect. 
    • MAS
    • Speeches

    Last revised date:

    • About three-and-a-half years ago, the Monetary Authority of Singapore (MAS) made a momentous decision - to promote an innovative and dynamic financial sector by working with the industry to harness the power of technology.
    • This is a collaboration among the International Finance Corporation (IFC), the ASEAN Bankers Association, and the MAS.
    • MAS takes an even-handed approach, allowing competition between financial institutions and non-financial FinTech players as well as facilitating collaboration among them.
    • MAS
    • Speeches

    Last revised date:

    • MAS also recently launched the Financial Sector Technology & Innovation (FSTI) scheme, to support the creation of a vibrant innovation ecosystem in Singapore.
    • Here in Singapore, MAS started this journey ourselves with CompareFirst, which allows consumers to compare and purchase simple life insurance products over the internet.
    • To that end, the MAS will pursue a holistic developmental path that is underpinned by smart regulatory and developmental policies that are conducive to innovation.
    • MAS
    • Media Releases

    Last revised date:

    •  Singapore, 29 May 2009...The Monetary Authority of Singapore (MAS) announced that Mr Heng Swee Keat, Managing Director, MAS, and Mr Koh Yong Guan, Chairman, Central Provident Fund Board, have been re-appointed to its Board of Directors for a further period of two years.
    • Their re-appointments take effect from 1 June 2009. 2   Mr Heng Swee Keat has also been re-appointed Managing Director of MAS from 1 June 2009. 3   The members of the MAS Board of Directors are listed in the Annex (15.2 KB) . ***
    • MAS
    • Media Releases

    Last revised date:

    • MAS generally does not disclose details of its supervisory actions. 2   The MAS spokesperson reiterated that MAS takes a serious view on the safeguarding of customer information, and has reminded all financial institutions to ensure that robust controls are in place, including for operations that have
    • Singapore, 11 April 2014 … In response to media queries on the theft of bank statements belonging to some private banking clients of Standard Chartered Bank which occurred at its third party service provider, the MAS spokesperson said that MAS has taken appropriate supervisory actions against the bank
    • MAS
    • Notices

    Last revised date:

    • Amendment Notes 21 Nov 2005 MAS Notice 807 dated 20 January 1984 is revised. 20 Jan 1984 MAS Notice 807 dated 20 January 1984 is issued.  BFI(FC) Circular No. FC 5/70 dated 13 March 1970, FC Notice 7 dated 1 November 1973 and MAS 807 dated 1 December 1983 are cancelled.
    • Sets out the applicable fees payable for a finance company licence granted by MAS. This Notice applies to all finance companies. It sets out the applicable fees payable for a finance company licence granted by MAS.
    • MAS
    • Parliamentary Replies

    Last revised date:

    • Accordingly, the MAS has referred the matter to CAD for investigation. 3. Issue managers are professional advisers.
    • The MAS is studying legislation to give these requirements the force of law. 7. The Government's role in investor education is indirect.
    • MAS has also been looking into the continuing disclosure requirements for companies once they are listed. These requirements are currently only non-statutory SGX listing rules, not legal requirements.
    • MAS
    • Parliamentary Replies

    Last revised date:

    • At the same time, MAS has provided more clarity to the industry on the areas that warrant greater oversight, to provide better safeguard for consumers. 10.    Third, MAS will be issuing up to 5 digital bank licenses by the middle of this year.
    • MAS has issued guidelines for e-payments user protection and technology risk management by financial institutions. Financial institutions have to ensure that they implement robust cybersecurity measures.
    • Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1.     Singaporeans’ understanding of basic financial concepts is good, has been improving, and can certainly improve further to help them better plan for their future. 2.     
    • MAS
    • Bond and Bills

    Last revised date:

    • The issuance calendar is subject to revision by MAS. 2.
    • Subject to prevailing market conditions, MAS plans to grow outstanding SGS at a slightly faster rate in 2018 to meet the higher demand. 3 efficient and liquid secondary market.
    • The SGS Issuance Calendar is subject to revision by MAS 2. The SGS Issuance Calendar for year 2019 will be released in October 2018 3. ** The reopened bond will not be a benchmark bond. 4.