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- Response VIEW DOCUMENT Response to Consultation Paper on Regulatory Framework for Financial Holding Companies (85.7 KB) Consultation Paper VIEW DOCUMENT Consultation Paper On Regulatory Framework for Financial Holding Companies (306 KB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION PAPER ON REGULATORY FRAMEWORK FOR FINANCIAL HOLDING COMPANIES 1 Introduction 1.1 In February 2012, the Monetary Authority of Singapore (MAS) conducted a public consultation on the Regulatory Framework
- MAS
- Speeches
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- Date: 8 May 1998 "Economic Prospects in Asia" INTRODUCTION 1 My topic today is the economic prospects for Asia, and what Asia offers to American companies. 2 Asia's economic progress over the past three decades has amazed the world. Asian countries have enjoyed high growth rates, rapid industrialisation, and widespread improvements in standards of living. A 1993 World Bank report called it "The East Asian Miracle". 3 But last year, the mood abruptly changed. In July 97, Thailand floated its
- PDPC
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- PROPOSED ADVISORY GUIDELINES ON THE PERSONAL DATA PROTECTION ACT FOR NRIC NUMBERS -------- PUBLIC CONSULTATION FOR THE PROPOSED ADVISORY GUIDELINES ON THE PERSONAL DATA PROTECTION ACT FOR NRIC NUMBERS (Issued 07 November 2017) 1.1 1.2 1.3 1.4 1.5 National Registration Identification Card (“NRIC”) The National Registration Identification Card (“NRIC”) number comprises a unique sequence of numbers and letters of the alphabet issued to each lawful resident of
- PDPC
- Advisory Guidelines
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- These Advisory Guidelines clarify how the PDPA applies to organisations' collection, use and disclosure of NRIC (or copies of NRIC), and retention of physical NRICs by organisations. The full document is available here . ADVISORY GUIDELINES ON THE PERSONAL DATA PROTECTION ACT FOR NRIC AND OTHER NATIONAL IDENTIFICATION NUMBERS Issued 31 August 2018 -------- ADVISORY GUIDELINES ON THE PERSONAL DATA PROTECTION ACT FOR NRIC AND OTHER NATIONAL IDENTIFICATION NUMBERS (issued 31 August 2018)
- MAS
- Speeches
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- Mayor Tang Liangzhi, distinguished guests, ladies and gentlemen, good morning. First, let me thank the Chongqing municipality for hosting this inaugural Singapore-China (Chongqing) Financial Summit. Your warm hospitality, efficient arrangements, and sumptuous dinner last evening have already gotten this Summit off to a very good start. This year, we are especially pleased to have with us guests not only from Singapore and Chongqing but also from ASEAN and China’s Western Region. This Summit marks
- MAS
- Speeches
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- Asia's Growth Strategy - Key Pillars Ladies and Gentlemen, Almost a decade after the Asian financial crisis, the region has moved ahead. Economies in Southeast Asia have recovered, exports are growing, and consumer and investor confidence have returned. Japan's recovery is continuing, and new powerhouses of growth are emerging in China and India. While the term "Asian Miracle" may sound old-fashioned today, Asian economies - led by China and India - continue to be among the fastest growing economies
- MAS
- Speeches
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- “Towards a New Era of Growing Connectivity between Asia and the Middle East” Your Excellencies, distinguished guests, ladies and gentlemen, Introduction 1 I am honoured to be invited to deliver the opening address at the 2nd World Islamic Banking Conference: Asia Summit (WIBC Asia). I would like to extend a warm welcome to our overseas guests, especially our distinguished speakers who will be sharing their insights during this conference. Growing connectivity between Asia and the Middle
- MAS
- Speeches
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- Mr Kenichi Watanabe, President and CEO of Nomura Holdings Distinguished guests, Ladies and Gentlemen, 1 I am very pleased to join you this morning at this year’s Nomura Asia Equity Forum, where Nomura has brought together some 1,600 delegates from the financial sector and other important industries. Introduction 2 I would not be exaggerating if I were to say that many things have happened since the Forum last year. Most notably, the severe pessimism associated with the global recession has given
- PDPC
- Commission's Decisions
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- PERSONAL DATA PROTECTION COMMISSION Case No DP-1806-B2242, DP-1806-B2243 and DP-1806-B2244 [2019] SGPDPC 10 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Option Gift Pte Ltd … Organisation DECISION -------- Option Gift Pte Ltd [2019] SGPDPC 10 Tan Kiat How, Commissioner — Case No DP-1806-B2242, DP-1806-B2243 and DP-1806- B2244 6 June 2019 Background 1 On 12 June 2018, the Personal Data
- MAS
- Media Releases
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- JOINT MAS-MND-HDB PRESS RELEASE 1 Market interest rates have risen significantly. They are likely to increase further in future, which will affect borrowing costs for home purchases. To ensure prudent borrowing and avoid future difficulties in servicing home loans, the Government will tighten the maximum loan quantum limits for housing loans. a. First, we will assume higher interest rates when assessing borrowers’ repayment ability via the following two measures: i. For property loans granted