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- PDPC
- Public Consultations
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- July 2, 2019 Personal Data Protection Commission 10 Pasir Panjang Road #03-01 Mapletree Business City Singapore 11743 Dear Commissioner Tan Kiat How, On behalf of the Center for Data Innovation (datainnovation.org), we are pleased to submit comments in response Singapore’s Personal Data Protection Committee’s (PDPC) public consultation on proposed data potability and data innovation provisions.1 The PDPC is proposing several amendments to the Personal Data Protection Act (PDPA) of
- MAS
- Forms and Templates
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- Form for capital markets services licensees to notify MAS when they cease any or all of their regulated activities. This form must be submitted within 14 days after the cessation of regulated activities. Form 7 should be lodged online via FormSG . After submission, FIs may view a record of their submission by logging into MAS-Tx . SECURITIES AND FUTURES ACT (Cap. 289) SECURITIES AND FUTURES (LICENSING AND CONDUCT OF BUSINESS) REGULATIONS FORM 7 NOTICE OF CESSATION OF BUSINESS UNDER SECTION
- MAS
- Monetary Policy Statements
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- 14 April 2016 INTRODUCTION 1. In October 2015, MAS kept the Singapore dollar nominal effective exchange rate (S$NEER) policy band on a modest and gradual appreciation path, but reduced its rate of appreciation slightly. There was no change to the width of the policy band or the level at which it was centred. This policy stance was assessed to be supportive of economic growth into 2016, while ensuring price stability over the medium term. Chart 1 S$ Nominal Effective Exchange Rate (S$NEER) 2.
- MAS
- Monetary Policy Statements
Last revised date:
- 14 April 2022 INTRODUCTION 1. In the January 2022 Monetary Policy Statement (MPS), MAS increased slightly the slope of the Singapore dollar nominal effective exchange rate (S$NEER) policy band. There was no change to the width of the policy band or the level at which it was centred. This off-cycle move was assessed to be necessary in view of the upward revision to the MAS Core Inflation forecast amid rapidly accumulating external and domestic cost pressures. Chart 1 S$ Nominal Effective Exchange
- PDPC
- Commission's Decisions
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- A financial penalty of $9,000 was imposed on Whiz Communications for failing to put in place reasonable security arrangements to protect customers' personal data in its possession or under its control. Click here for more information. 2 PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPCS 7 Case No. DP-2304-C0935 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Whiz Communications Pte. Ltd. SUMMARY OF THE DECISION Introduction
- MAS
- Media Releases
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- Singapore, 5 November 2014 … In response to media queries on the trading halt experienced by SGX’s securities and derivatives markets, the MAS Spokesperson said that SGX has informed MAS that its securities and derivatives market systems were not functioning due to a technical fault. During the trading halt, all SGX members were disconnected from SGX’s trading engines. MAS understands that affected members were duly informed and securities market services resumed after 5.15pm today while derivatives
- MAS
- Letters to Editor
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- Dear Editor Mr Peter Wadeley wrote that the Financial Advisers Act (FAA) should apply to all financial institutions in Singapore ("Protect investors in financial products", ST Forum, 6 August 2009). In fact, it does. Any corporation which carries on the business of providing retail financial advisory services is required to obtain a financial adviser's license unless it is an exempt financial adviser under the FAA. Financial institutions which are licensed under the Banking Act or registered under
- MAS
- Speeches
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- "Japan-Asia Economic Cooperation - the Next Phase" Introduction Ladies and Gentlemen, Good afternoon. First, let me congratulate Nomura for organizing this very successful conference that brings together top CEOs from the region and prominent investors from around the world. Japan's role in Asia's economic development 2 The theme of my talk today is, "Japan-Asia Economic Cooperation - The Next Phase". Both Japan and Asia are undergoing exciting changes. The transformational changes will re-shape
- MAS
- Speeches
Last revised date:
- Good morning. Welcome to MAS’ Annual Report press conference. 2 I want to focus on four key themes with a forward looking orientation: first, prospects for GDP growth , second, the outlook for inflation , third, MAS’ financial accounts, and fourth, maintaining high standards of financial regulation . 3 Let me begin with the economy. Singapore’s GDP growth forecast range remains at 5 – 7% for now, but uncertainties have clearly increased. 4 As you know, economic growth took a sharp step-down
- MAS
- Speeches
Last revised date:
- Distinguished guests, ladies and gentlemen, good morning. Asia’s Changing Risk Landscape These are interesting times for the insurance industry. The operating environment has become more challenging. Underwriting results are being pressured by a combination of sluggish economic growth, softening rates, and rising claims. Investment returns are being depressed by the low interest-rate environment. In Europe, for instance, returns on long-term safe assets are at their lowest since the creation of