Showing 5563 Documents for "MAS"

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    • 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.
    • MAS
    • Monetary Policy Statements

    Last revised date:

    • MAS stands ready to intervene to dampen excessive volatility in the S$NEER should this become necessary.  MAS will also continue to closely monitor developments in the external environment and their impact on the Singapore economy. *** Related: Past Monetary Policy Decisions
    • 10 October 2008 INTRODUCTION 1   MAS has maintained the policy of a modest and gradual appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) policy band since April 2004. 
    • Concomitantly, external and domestic inflationary pressures are likely to ease. 10   MAS is therefore shifting its policy stance to a zero percent appreciation of the S$NEER policy band. 
    • MAS
    • Regulations

    Last revised date:

    • RAVI MENON Managing Director, Monetary Authority of Singapore. [MPI-MIS 04/2014; AG/LLRD/SL/289/2010/8 Vol. 1]
    • RAVI MENON Managing Director, Monetary Authority of Singapore. [MPI MIS 032/2003; AG/LEGIS/SL/289/2015/5 Vol. 1] No.
    • RAVI MENON Managing Director, Monetary Authority of Singapore. [MPI-MIS 02/2016; AG/LEGIS/SL/289/2015/5 Vol. 1] S 542/2007; S 11/2008; S 139/2008; S 219/2008; S 223/2008; S 313/2008; No.
    • MAS
    • Regulations

    Last revised date:

    • RAVI MENON, Managing Director, Monetary Authority of Singapore. [MPI MIS 02/2016; AG/LEGIS/SL/289/2015/4 Vol. 1] No.
    • RAVI MENON Managing Director, Monetary Authority of Singapore. [MPI MIS 04/2014 Vol 1; AG/LLRD/SL/289/2010/7 Vol. 1]
    • RAVI MENON Managing Director, Monetary Authority of Singapore. [MPI MIS 032/2003; AG/LEGIS/SL/289/2015/4 Vol. 1] No.
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 24 April 2023… The Monetary Authority of Singapore (MAS) today announced the launch of the Polytechnic Talent for Finance Scheme to encourage financial institutions to hire and train polytechnic students and graduates. 2 Speaking at a Growing Timber event today, Mr Alvin Tan, Minister of State
    • , Ministry of Culture, Community and Youth, and Ministry of Trade and Industry, and Board Member of MAS, shared that the financial sector offers good jobs and rewarding careers for polytechnic graduates.
    • The scheme will fund 50% of tuition fees, capped at S$10,000. 4 Ms Gillian Tan, Assistant Managing Director (Development and International), MAS, said, “Polytechnic graduates are a valuable talent pool for the financial sector.
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 4 August 2022… The Monetary Authority of Singapore (MAS) today announced that Singapore’s S$2.4 billion inaugural sovereign green bond was priced at 3.04%.  S$2.35 billion of the 50-year bond (the “Aug-72 bond”) was placed with institutional and accredited investors. 
    • MAS will continue to support the pipeline of green sovereign bonds, as well as the broader development of green finance as an enabler of global efforts to mitigate climate change.”
    • The effective yield will be 3.04%, as determined through the institutional book-building process MAS retains the discretion to offer any unallocated bonds from the Public Offer to institutional investors. .
    • MAS
    • Media Releases

    Last revised date:

    • The Monetary Authority of Singapore (MAS) today announced the removal of the 20% aggregate foreign shareholding limit on finance companies with effect from 11 December 2002. 
    • As is the case with banks, there is no change to MAS' policy of not allowing a foreign takeover of a finance company. Substantial stakes of 5% and 20% in a finance company require MAS' approval.
    • finance companies to merge their foreign and local share tranches. 2   This removal follows the lifting of the 40% aggregate foreign shareholding limit for banks in 1999, which led to improved trading liquidity and the removal of price distortions in the market value of bank shares, without compromising MAS
    • MAS
    • Consultations

    Last revised date:

    • MAS would like to thank all respondents for their submissions and comments. The finalised Regulations and Guidelines can be found on the MAS website.
    • All director appointments require MAS prior approval.
    • MAS Response MAS has included more guidance on the duties, obligations, and powers of the CRO and articulated that the appointment or dismissal of the CRO requires the Boards approval in the Guidelines.
    • MAS
    • Notices

    Last revised date:

    • MAS Notice MA-N-EXT 1/2012 on Prohibition on Transactions with the Iranian Government and with Iranian Financial Institutions dated 18 June 2012 is cancelled with effect from 28 January 2016.
    • MA-N-EXT 1/2012 (CANCELLATION NOTICE) 2016 28 January 2016 NOTICE TO FINANCIAL INSTITUTIONS MONETARY AUTHORITY OF SINGAPORE ACT, CAP. 186 PROHIBITION ON TRANSACTIONS WITH THE IRANIAN GOVERNMENT AND WITH IRANIAN FINANCIAL INSTITUTIONS 1.
    • This Notice is issued pursuant to section 27B of the Monetary Authority of Singapore Act (Cap. 186). 2.