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- MAS
- Media Releases
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- Singapore, 29 August 2017… Establishing interoperable electronic payments and developing a common QR code for Singapore were two key topics that the Payments Council discussed at its inaugural meeting on 11 August 2017. Establishing interoperable electronic payments 2 The Council noted electronic payments as a strategic enabler to enhance business operations and provide greater convenience for citizens, as part of Singapore’s Smart Nation agenda. 3 Council members noted that usage of e-payments
- MAS
- Circulars
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- Informs insurers on the exclusion of arrangements where the service is wholly provided by Singapore Government GovTech or its agents from the scope of the outsourcing. Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Telephone 65 6229 5577 Facsimile 65 6229 9229 Circular Number: ID 26/20 Date: 9 June 2020 To the Chief Executive Officers of all Financial Institutions Dear Sir / Madam, OUTSOURCING ARRANGEMENTS INVOLVING SERVICES WHOLLY
- MAS
- Parliamentary Replies
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- Issues Raised in Parliament ANSWER TO PARLIAMENTARY QUESTION ON: Government's Efforts to Assist Indonesia For Parliament Sitting on 19 Feb 98 Question To ask the Deputy Prime Minister if he will give an update on the Indonesian economic crisis and whether there are any changes to the Government's approach to help stabilise the situation. To ask the Prime Minister what are the terms of the proposed guarantee for Indonesian imports and whether the Government is providing guarantees for commercial liabilities
- MAS
- Speeches
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- Mr Lester Gray Chairman Investment Management Association of Singapore Mr Chan Lee Mun Principal & CEO Nanyang Polytechnic Distinguished guests Ladies & Gentlemen Good afternoon. Introduction 1 I am pleased to join you today for the MOU signing ceremony between Nanyang Polytechnic (NYP) and the Investment Management Association of Singapore (IMAS). 2 I would like to commend IMAS and NYP for joining hands to provide training in the areas of fund management and administration. With its focus
- PDPC
- Practical Guidance
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- Guidance on whether the organisation qualifies as a telecommunications service provider that merely provides a service that enables a specified message to be sent, as set out under section 36(2) of the PDPA. Click here to find out more. GUIDANCE NOTE ON TELECOMMUNICATIONS SERVICE PROVIDERS WHO MERELY PROVIDE A SERVICE THAT ENABLES A SPECIFIED MESSAGE TO BE SENT 1. INTRODUCTION 1.1 This document responds to a request from an organisation (hereinafter referred to as the Organisation)
- MAS
- Speeches
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- 1 Minister for National Development and Second Minister for Finance, Mr Lawrence Wong, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister-in-charge of the Monetary Authority of Singapore (MAS), today moved the Banking (Amendment) Bill 2019 (the Bill) for First Reading in Parliament. 2 MAS reviews and amends the Banking Act (BA) periodically to update and strengthen the regulatory framework for banks, merchant banks (MBs) and non-bank credit card or charge card issuers, in light
- MAS
- Parliamentary Replies
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- Date: For Parliament Sitting on 8 May 2023 Questions: Mr Don Wee, Chua Chu Kang GRC: To ask the Prime Minister (a) with the maximum coverage of up to S$75,000 per depositor per bank under the Deposit Insurance Scheme, what is the current percentage of non-bank depositors covered by the scheme; and (b) whether the Ministry will consider a review of the coverage cap. Mr Saktiandi Supaat, Bishan-Toa Payoh GRC: To ask the Prime Minister (a) what are the lessons from the closure of several US banks due
- PDPC
- Commission's Decisions
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- German European School Singapore was found not to be in breach of the PDPA in relation to allegations that there was no consent given for the collection of its student’s hair sample for the purpose of drug testing. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 8 Case No DP-1712-B1471 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And German European School Singapore Organisation DECISION -------
- PDPC
- Public Consultations
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- 5 October 2017 Personal Data Protection Commission 460 Alexandra Road #10-‐02 PSA Building Singapore 119963 BY EMAIL ONLY TAYLOR VINTERS VIA LLC’S FEEDBACK FOR PDPC’S PUBLIC CONSULTATION ON APPROACH TO MANAGING PERSONAL DATA IN THE DIGITAL ECONOMY COVER PAGE 1 The Personal Data Protection Commission
- MAS
- Speeches
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- Distinguished guests, ladies and gentlemen, good afternoon. I am grateful to SWIFT for the opportunity to speak to this distinguished gathering of finance and business leaders from across the world. Most of us here have an affiliation to finance or to technology, or more likely to both. Indeed, the extensive application of technology to enhance the design and delivery of financial services has become a defining feature of the last decade – the FinTech phenomenon. FinTech is increasingly pervasive