Showing 5563 Documents for "MAS"
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- MAS
- Media Releases
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- The Monetary Authority of Singapore (MAS) has announced the re-appointment of Senior Minister Goh Chok Tong as Chairman for a further two years with effect from 20 August 2006. 2 The members of the MAS Board of Directors are as shown at the Appendix . *** Appendix Board of Directors of the Monetary
- Mr Lim Chee Onn Executive Chairman, Keppel Corporation Limited Mr Lim Siong Guan Permanent Secretary, Ministry of Finance Mr Tharman Shanmugaratnam Minister for Education and Second Minister for Finance Mr Lucien Wong Yuen Kuai Managing Partner, Allen & Gledhill Mr Heng Swee Keat Managing Director, MAS
- MAS
- Media Releases
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- MAS looks forward to their recommendations by the end of the year. ***
- Singapore, 24 September 2012…The Monetary Authority of Singapore (MAS) has directed banks that are on the Association of Banks in Singapore (ABS) rates setting panels to review their processes for setting rates for Non Deliverable Forward foreign exchange contracts (NDFs).
- MAS has directed the banks to report immediately any irregularities they uncover, and to take appropriate disciplinary action against staff involved in such irregularities.
- MAS
- Letters to Editor
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- MAS will continue to partner the industry to enhance the electronic payment infrastructure and encourage the greater adoption of more efficient payment modes in Singapore. Angelina Fernandez (Ms) Director (Communications) Monetary Authority of Singapore
- The Monetary Authority of Singapore (MAS) agrees that the use of cheques is less efficient than electronic means of payment ('Cheques are cumbersome and redundant', July 3). However, any effort to deter the use of cheques is likely to involve customers paying high cheque charges.
- MAS has been working with the industry to facilitate the development and use of alternative forms of payment like eGiro, Internet banking and kiosks, such as AXS and SAM.
- MAS
- Media Releases
Last revised date:
- The Monetary Authority of Singapore (MAS) announced today that eligible financial institutions can submit applications for the Renminbi Qualified Foreign Institutional Investor (RQFII) licence that will enable these institutions to offer RMB investment products and invest offshore RMB into China's securities
- The scheme will spur the development of a broader range of RMB products and services to meet investment needs. 3 For details relating to the application process, please refer to the “Renminbi Qualified Foreign Institutional Investor (RQFII) FAQ” on MAS’ website at /-/media/mas/singapore-financial-centre
- All Singapore-incorporated financial institutions that are approved by MAS to conduct fund management activities may apply for the licence. 2 Singapore was allocated an aggregate quota of RMB50 billion under China’s RQFII programme.
- MAS
- Circulars
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- ID 08/16 10 November 2016 To Chief Executives All Insurers Dear Sir/Madam CONSULTATION ON REVIEW OF MAS 105 ON INSURERS APPOINTMENT OF CUSTODIANS AND FUND MANAGERS MAS has issued a public consultation paper on the review of MAS 105 on appointment of custodians and
- The consultation paper is available on the MAS website at 2 http://www.mas.gov.sg/News-and-Publications/Consultation- Paper/2016/Review-of-MAS-105-on-Insurers-Appointment-of-Custodians-and- Fund-Managers.aspx.
- MAS
- Notices
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- Amendment Notes 01 Apr 2011 MAS Notice 208 (13.2 KB) dated 28 August 2004 is cancelled with immediate effect. 28 Aug 2004 MAS Notice 208 (Amendment) 2004 takes effect. 01 April 2011 Notice No: MAS 208 (Cancellation) 2011 Issue Date: This Notice replaces MAS 208 dated 28 August 2004 NOTICE
- This Notice is issued pursuant to section 64(2) of the Insurance Act (Cap. 142) MAS Notice 208 on Notice on Financial Reinsurance dated 28 August 2004 is
- MAS
- Notices
Last revised date:
- Amendment Notes 01 Jul 2021 MAS Notice 1007 dated 29 June 2021 takes effect. 01 Jul 2021 MAS Notice 1007 dated 1 November 1985 (81 KB) is cancelled .
- MAS 1007 01 Nov 1985 NOTICE TO MERCHANT BANKS Appointment of External Auditors Pursuant to Directive 13, issued under Section 24C(3) of the MAS Act, every merchant bank shall appoint annually an approved auditor to carry out the duties as specified in the Directive.
- This notice sets out the requirements for all merchant banks in Singapore to seek MAS’ approval to appoint or re-appoint an auditor annually to carry out the duties specified in section 58 of the Banking Act.
- MAS
- Media Releases
Last revised date:
- Singapore’s financial sector is robustly supervised by the Monetary Authority of Singapore (MAS) and AML/CFT obligations are clearly understood by most financial institutions (FIs). MAS’ regular engagement of the FIs has fostered a deeper understanding of AML/CFT issues within the industry.
- MAS will step up industry engagements to strengthen FIs’ understanding of emerging risks and typologies, as well as share best practices in controls and risk management.
- The Committee comprises the Permanent Secretary of the Ministry of Home Affairs, Permanent Secretary of the Ministry of Finance, and Managing Director of the Monetary Authority of Singapore.
- MAS
- Speeches
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- As you would know, the leverage limit is something that MAS has reviewed and made changes to before.
- MAS’ approach to regulating the REIT sector is no different from other sectors that come within our remit – the guiding principles are the same.
- I see much potential for REITAS to work more closely with MAS, and alongside MoneySense our national financial education programme, in this endeavour.
- MAS
- Speeches
Last revised date:
- The challenge MAS posed itself was: can we create a more efficient inter-bank payment and settlement system without MAS acting as the trusted party?
- MAS, as the central bank and financial regulator, is committed to partnering you on this journey. I wish you the best. Thank you.
- Phase 1 of Project Ubin successfully demonstrated that banks are able to transact with one another on an Ethereum-based prototype without going through the MAS.