Showing 5563 Documents for "MAS"
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- MAS
- Parliamentary Replies
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- According to an MAS survey of 28 statutory boards and GLCs last year, these statutory boards and GLCs (excluding MAS and GIC) had placed out a total of $4.1 bn as at 30 June 1998 to external fund managers with offices in Singapore.
- MAS then followed up to meet 36 fund management companies to brief them on details of the outplacement and application procedure.
- Of this amount, $6.8 bn was placed out in 1998 as a whole. 3 In Nov 98, MAS announced that it would place out S$10 billion over the next three years to external fund managers with offices in Singapore.
- MAS
- Media Releases
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- Singapore, 22 Dec 2005...The Monetary Authority of Singapore (MAS) today announced that $2 polymer notes will be issued from 12 Jan 2006, when the $2 paper notes stock is expected to be depleted. The $2 polymer notes will be introduced in phases.
- As with the $10 polymer notes, MAS has continued with the portrait series for the $2 polymer notes as the public is familiar with the series.
- MAS has been working closely with banks, transport companies and major machine operators to have the Cash Deposit Machines, MRT General Ticketing Machines and other note accepting machines recalibrated to accept $2 polymer notes. Design 4.
- MAS
- Media Releases
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- The Monetary Authority of Singapore (MAS) today announced the appointment of Mr Alvin Tan Sheng Hui and Mr Ng Wai King to its Board of Directors.
- the National University of Singapore Board of Trustees, the Governing Council of Singapore Institute of Directors, the management committee of Lakeside Family Services and a Director on the Boards of Wah Hin and Company Private Limited and Singapore Institute of Legal Education. 4 The members of the MAS
- Board are listed in the Annex. *** Annex Board of Directors of the Monetary Authority of Singapore (with effect from 22 November 2021) Mr Tharman Shanmugaratnam (Chairman) Senior Minister and Coordinating Minister for Social Policies Mr Lawrence Wong (Deputy Chairman) Minister for Finance Mr Heng Swee
- MAS
- Media Releases
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- Singapore, 27 August 2020… The Monetary Authority of Singapore (MAS) supports the move by the Ministry of Manpower (MOM) Please see link to MOM’s media release: https://www.mom.gov.sg/newsroom/press-releases/2020/0827-tightening-of-work-pass-requirements to increase the minimum qualifying salary (MQS
- move towards the higher salary criteria for EP candidates complements MAS’ manpower development programmes to expand job opportunities and deepen local capabilities.
- ) for entry-level employment pass (EP) holders in the financial services sector to $5,000. 2 MAS worked closely with MOM to determine the new MQS for the financial services sector, which is higher than that for the rest of the economy.
- MAS
- Media Releases
Last revised date:
- Singapore, 3 December 2018… The Monetary Authority of Singapore (MAS) today announced the launch of a new S$30 million Cybersecurity Capabilities Grant to strengthen the cyber resilience of the financial sector in Singapore and help financial institutions develop local talent in cybersecurity. 2 The
- Grant, funded under the Financial Sector Technology and Innovation Scheme (FSTI) FSTI was introduced by MAS in June 2015 to support the creation of a vibrant ecosystem for innovation in the financial sector.
- MAS has committed S$225 million to the FSTI. , will support the development of advanced cybersecurity functions Examples of cybersecurity functions that could qualify for the Cybersecurity Capabilities Grant are security operations, cyber threat surveillance and intelligence gathering, computer forensics
- MAS
- Letters to Editor
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- Angelina Fernandez Director (Communications) Monetary Authority of Singapore
- These are some examples of supervisory activities MAS undertakes to raise industry standards. 4 The writer commented that financial institutions must be more genuinely concerned about making material information available to consumers. MAS agrees.
- Dear Editor I refer to "Light, in the financial dark" (TODAY, 5 December 2006). 2 We agree with the writer that raising market conduct standards in the financial industry requires joint efforts by MAS, financial institutions and consumers. 3 MAS takes the lead in setting disclosure and conduct requirements
- MAS
- Media Releases
Last revised date:
- Singapore, 16 May 2007...The Monetary Authority of Singapore (MAS) will issue new $5 polymer notes from 18 May 2007. This is the third denomination in the Portrait Series to be converted from paper into polymer.
- MAS received favourable feedback from the public, banks and retailers on the $10 and $2 polymer notes introduced earlier. As such, we decided to proceed with issuing $5 polymer notes." ***
- The $5 polymer notes will circulate alongside the $5 paper notes, both of which will remain legal tender. 2 As with the $2 and $10 polymer notes, MAS has retained the portrait series design for the $5 polymer notes as it is familiar to the public.
- MAS
- Parliamentary Replies
Last revised date:
- MAS has robust regulatory and supervisory frameworks to minimise systemic risk to FIs. For instance, MAS subjects all major banks to rigorous stress testing to assess any vulnerabilities in their portfolios. 5. MAS urges households to exercise caution in their new borrowings.
- Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1. The total debt servicing ratio (TDSR) is part of a suite of measures MAS has put in place over the years to encourage prudent borrowing and lending on residential property purchases.
- MAS
- Letters to Editor
Last revised date:
- We would like to clarify that SGX and MAS already publish information on short sell trades and outstanding short positions respectively. MAS and SGX rules require all persons making short sell orders to identify the order as such.
- Weekly aggregated short position reports are published by MAS and can be found at: https://eservices.mas.gov.sg/sprs/Public/Publication/ViewAggregatedReports.aspx Jerome Lee Director (Corporate Communications) Monetary Authority of Singapore Chin May Nah Head of Media Communications Singapore Exchange
- Dear Editor, MAS & SGX: Current rules provide transparency on short selling activities We refer to Mr Tan Song Huat’s letter calling for short sell trades of any size on SGX to be published within 24 hours. (“Shorting on the SGX: Have full transparency on such trades, big or small”, 3 April 2020).
- MAS
- Speeches
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- I should emphasize that my comments are made on behalf of the FAIR Panel and not MAS. The MAS consultation is ongoing and I would not want to pre-judge its conclusion. 6 First, spreading commissions.
- For both, there is a need for MAS to work closely with LIA – both in crafting the regulations and in implementation.
- MAS and LIA need to work together to clarify what buyers from the channel should and should not expect. From the agents, the main concern is whether the channel will threaten their livelihood.