Showing 4089 Documents for "payment services"
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- MAS
- Monographs/Information Papers
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- An abridged version of the monograph on MAS' Framework for Impact and Risk Assessment of Financial Institutions (FIs), providing guidance to senior executives of FIs. MAS FRAMEWORK FOR IMPACT AND RISK ASSESSMENT OF FINANCIAL INSTITUTIONS A GUIDE FOR SENIOR EXECUTIVES Impact Assessment CRAFT Risk Assessment Monetary Authority of Singapore April 2007 (revised in April 2013) 1 -------- Introduction The Monetary Authority of Singapore (MAS) is the integrated
- MAS
- Media Releases
Last revised date:
- Singapore, 29 September 2005...The Monetary Authority of Singapore (MAS) today announced that banks in Singapore will be able to offer an important form of Islamic finance known as Murabaha. It is commonly used as short-term financing and in trade finance. 2 MAS issued the Banking (Amendment) Regulations 2005 to exempt Murabaha financing from the restriction in the Banking Act against non-financial activities. With the exemption, banks may offer Murabaha financing by purchasing goods on behalf
- MAS
- Parliamentary Replies
Last revised date:
- Issues Raised in Parliament Reply to Parliamentary Question on the implementation of 'cash-back' systems Date: For Parliamentary Sitting on 12 Jan 2001 Question: To ask the Deputy Prime Minister whether he is prepared to allow a "cash-back" system to operate in Singapore whereby customers in supermarkets can withdraw cash from the check-out counters, as like that in the UK. Answer: Cash withdrawals at point of sale, or "cash-back" schemes, are readily available in supermarkets and other retail stores
- MAS
- Letters to Editor
Last revised date:
- 18 June 2014 The Editor ST Forum Dear Editor, We refer to the letter “Time to review Financial Advisers Act” by Mr Martin Lee (The Straits Times, 9 June 2014), who asked under what circumstances would a person be considered as a “financial adviser”. The Financial Advisers Act (FAA) defines “financial adviser” as a person who carries on a business of providing any financial advisory service. In determining if a person is carrying out such a business, MAS takes into account whether opinions or recommendations
- MAS
- Parliamentary Replies
Last revised date:
Reply to Parliamentary Question on encouraging banks to help retired seniors refinance housing loans- QUESTION NO 3074 NOTICE PAPER 1206 OF 2022 FOR WRITTEN ANSWER Date: For Parliament Sitting on 5 July 2022 Name and Constituency of Member of Parliament Mr Kwek Hian Chuan Henry, MP, Kebun Baru SMC Question: To ask the Prime Minister whether MAS can encourage banks to help retired seniors who are above 65 years old refinance their housing loans to adjust to the changing mortgage rates as many seniors are turned down by the financial institutions for such refinancing despite having the financial means
- PDPC
- Public Consultations
Last revised date:
- Aug 2018 The PDPC has issued a closing note to the feedback received from the public consultation. Closing Note on the Public Consultation on the Proposed Advisory Guidelines on the PDPA for NRIC Numbers For more information on the final Advisory Guidelines issued, please click here . To access the Technical Guide issued please click here . Dec 2017 The public consultation on Proposed Advisory Guidelines on the PDPA for NRIC Numbers has closed on 18 December 2017. Responses received at closing date
- MAS
- Speeches
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- Resilience, Integration, Opportunity: The ASEAN Story Mr Brian Brille, Mr Peter MacDonald, Mr Richard McCormack, distinguished speakers, ladies and gentlemen, good morning. Resurgence of Asia 1. According to estimates by the late British economist, Angus Maddison, two thousand years ago, India had the largest GDP in the world. China was close behind. Together, they accounted for more than half of global GDP. Asia ex Japan was 75 per cent of world GDP. And this was at the height
- MAS
- Media Releases
Last revised date:
- Singapore, 26 July 2004...The Monetary Authority of Singapore (MAS) today announced the publication of an Investor Alert List (IAL) on its website www.mas.gov.sg under the section "For the Consumer". ( Click here to view the IAL ) This is in line with our move to empower consumers to assess and assume for themselves the risks of their financial decisions. 2 The IAL lists persons whom MAS receives information on as undertaking financial services activity in Singapore without being licensed or authorised
- MAS
- Media Releases
Last revised date:
- Singapore, 20 Feb 2001. The Monetary Authority of Singapore announced today that Mr Tharman Shanmugaratnam has been appointed Managing Director of the central bank, for a two-year term, with effect from 1 April 2001. Mr Shanmugaratnam takes over from Mr Koh Yong Guan, who has been the Managing Director since Jan 1998. Mr Koh will assume the position of Permanent Secretary for the Ministry of National Development on the same date, and will remain as a director on the MAS Board. 2 Mr Koh's and
- PDPC
- Public Consultations
Last revised date:
- Ref. 3 4.3 – 4.6 4.7 – 4.8 Topic Definition of and interpretation of what constitutes Personal Data (“PD”) Inbound Roaming Outbound Roaming 4.9 – 4.11 4.12 – 4.13 4.14 – 4.19 Provision of subscriber identity for calls or text messages Displaying PD in itemised bills Prepaid mobile services M1’s Comments - - In regard to the Transfer Limitation Obligation in respect of transfer of PD out of Singapore in the case of outbound roaming, it was noted that in