Showing 4566 Documents for "economic issues"

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    • MAS
    • Parliamentary Replies

    Last revised date:

    • QUESTION NO. 1011 NOTICE PAPER 567 OF 2017 FOR ORAL ANSWER Date: For Parliament Sitting on 1 March 2017 Name and Constituency of Member of Parliament Mr Patrick Tay Teck Guan, MP, West Coast GRC Question: To ask the Prime Minister (a) whether the current purchase limits of Singapore Savings bonds can be raised; and (b) whether Singaporeans can be allowed to use monies in their Supplementary Retirement Scheme Account to purchase the Singapore Savings Bond. Answer by Mr Ong Ye Kung, Minister for Education
    • MAS
    • Media Releases

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    • Singapore, 24 January 2018… The Monetary Authority of Singapore (MAS) has issued prohibition orders against Mr Tan Peng Khoon. Mr Tan will be prohibited for a period of 8 years from: (i) carrying on business and taking part in the management of any insurance intermediary under the Insurance Act; and (ii) providing any financial advisory service, and taking part in the management, acting as a director, or becoming a substantial shareholder of any financial advisory firm under the Financial Advisers
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 14 January 2013… The Monetary Authority of Singapore (MAS) has issued a monograph on Supervision of Financial Market Infrastructures in Singapore .  The monograph sets out MAS’ approach in supervising financial market infrastructures (FMI) in Singapore to foster their safety and efficiency 1 .  It updates and replaces the 2004 monograph on MAS’ Roles and Responsibilities in Relation to Securities Clearing and Settlement Systems in Singapore . 2   The monograph sets out MAS’ adoption of
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 23 October 2020… The Monetary Authority of Singapore (MAS) has issued lifetime Prohibition Orders (POs) against Mr Kevin Michael Swampillai, a former representative and Head of the Wealth Management Services Department of BSI Bank Limited, Singapore Branch (BSIS) MAS withdrew BSIS’ merchant bank licence on 24 May 2016 and also imposed financial penalties amounting to S$13.3 million for breaches of MAS Notice 1014 – Prevention of Money Laundering and Countering the Financing of Terrorism
    • MAS
    • Regulations

    Last revised date:

    • Regulations setting out the requirements pertaining to the operation of a Central Depository System No. S 848 1 SECURITIES AND FUTURES ACT (CHAPTER 289) SECURITIES AND FUTURES (CENTRAL DEPOSITORY SYSTEM) REGULATIONS 2015 ARRANGEMENT OF REGULATIONS Regulation 1. Citation and commencement 2. Definitions 3. Forms 4. Control of depository agents by Depository 5. Duties of Depository 6. Duties of depository agents 7. Rights and obligations of depositor in his or
    • MAS
    • Forms and Templates

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    • Clearing Facilities - Form 1 Application for Approval or Recognition SECURITIES AND FUTURES ACT (CAP. 289) SECURITIES AND FUTURES (CLEARING FACILITIES) REGULATIONS 2013 REGULATION 6 APPLICATION FOR APPROVAL AS AN APPROVED CLEARING HOUSE OR RECOGNITION AS A RECOGNISED CLEARING HOUSE FORM 1 Explanatory Notes 1. Please read the explanatory notes and questions carefully before completing the application form. 2. All questions must be answered. If a
    • MAS
    • Notices

    Last revised date:

    • Information finance companies must include in the required fact sheet to borrowers before granting a residential property loan. This notice applies to all finance companies in Singapore. Finance companies are required to provide and explain a fact sheet to borrowers stating key information such as the tenure of the residential property loan, loan amount and repayment schedule. This notice outlines the information to include in the fact sheet and how it should be delivered and explained to the borrower
    • MAS
    • Speeches

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    • Speech By Mr Koh Yong Guan, Managing Director, MAS, at the 26th Annual Dinner of the Association of Banks in Singapore (ABS) Date: 21 June 1999 INTRODUCTION 1   Chairman ABS, ladies and gentlemen. I am happy to be here at your 26th Annual Dinner. 2   We stand at an important threshold in the development of the banking industry in Singapore. Last month, MAS announced a broad ranging programme to allow greater competition in the domestic banking industry and to upgrade local banks. This programme will
    • PDPC
    • Commission's Decisions

    Last revised date:

    • PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 35 Case No DP-1806-B2218 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Advance Home Tutors … Organisation DECISION -------- Advance Home Tutors [2019] SGPDPC 35 Yeong Zee Kin, Deputy Commissioner — Case No DP-1806-B2218 12 September 2019 Facts of the Case 1 On 7 June 2018, the Personal Data Protection Commission (the “Commission”)
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $1,000 was imposed on Advance Home Tutors for failing to put in place reasonable security arrangements to protect the personal data collected from its tutors and for not developing and implementing data protection policies and practices necessary to ensure its compliance with PDPA. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 35 Case No DP-1806-B2218 In the matter of an investigation under section 50(1) of the Personal Data Protection