Showing 4218 Documents for "DPT service"

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    • MAS
    • Monographs/Information Papers

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    • MAS and Singapore Exchange (SGX) announced that it is collaborating to develop Delivery versus Payment (DvP) capabilities for settlement of tokenised assets across different blockchain platform. This will allow financial institutions and corporate investors to carry out simultaneous exchange and final settlement of tokenised digital currencies and securities assets, improving operational efficiency and reducing settlement risks. Three companies, Anquan, Deloitte and Nasdaq were appointed as technology
    • MAS
    • External Publications

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    • Good practices and challenges in the mitigation of new money laundering and terrorist financing threats and vulnerabilities arising from the COVID-19 crisis. The Financial Action Task Force (FATF) published a paper on COVID-19-related Money Laundering (ML) and Terrorist Financing (TF) – Risks and Policy Responses. The paper can be found at the FATF website: https://www.fatf-gafi.org/media/fatf/documents/COVID-19-AML-CFT.pdf 2 This paper was developed in response to the unprecedented and rapidly
    • MAS
    • Parliamentary Replies

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    • For the Parliament Sitting on 26 February 2021 U – Prime Minister’s Office That the total sum to be allocated for U – Prime Minister’s Office of the Estimates be reduced by $100. Name and Constituency of MP Ms Jessica Tan Soon Neo, East Coast GRC Question 1. Covid-19 has provided the impetus for many Singaporeans and businesses to adopt and use e-payments. Can MAS give an update on whether Singapore residents have been more receptive to e-payments in the past year. What steps has MAS taken to ensure
    • MAS
    • Speeches

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    • MAS Board Members, Industry Partners, Distinguished Guests, 1. I am happy to be here today to share with you the road ahead for our financial services sector. 2. Singapore has come a long way in finance. a. We emerged as an international financial centre in the sixties with the establishment and rapid growth of the Asian Dollar Market. b. Over the decades, we’ve anchored reputable banks and other financial institutions here, and developed strengths in the capital markets, reinsurance, and wealth
    • MAS
    • Media Releases

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    • Singapore, 13 November 2018… The Monetary Authority of Singapore (MAS) today announced the three winners of the Global FinTech Hackcelerator, selected from 20 finalists See Annex A of MAS’ media release ‘60 Innovative Solutions Shortlisted for 2018 Global FinTech Hackcelerator and FinTech Awards’, 8 October 2018. that presented their innovative solutions at Demo Day, as part of the third Singapore FinTech Festival. The Global FinTech Hackcelerator was supported by KPMG Digital Village. 2   The winners
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 986 NOTICE PAPER 1346 OF 2018 FOR WRITTEN ANSWER Date: For Parliament Sitting on 10 September 2018 Name and Constituency of Member of Parliament Ms Sylvia Lim, MP, Aljunied GRC Question: To ask the Prime Minister whether the Government has thoroughly assessed the possible adverse economic and psychological impact that the move to a cashless society will have on particular segments of society. Answer by Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge of MAS: 1    
    • MAS
    • Media Releases

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    • Singapore, 31 October 2022… The Monetary Authority of Singapore (MAS) released today a report detailing potential uses of a purpose-bound digital Singapore dollar (SGD) and the supporting infrastructure required, marking the successful completion of Phase 1 of Project Orchid Project Orchid was launched by MAS in November 2021. Please refer to this link for more information. . 2 A digital SGD can take different forms: a retail Central Bank Digital Currency (CBDC), which is the digital equivalent of
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 521 NOTICE PAPER 219 OF 2021 FOR WRITTEN ANSWER Date: For Parliament Sitting on 1 February 2021 Name and Constituency of Member of Parliament Mr Saktiandi Supaat, MP, Bishan-Toa Payoh GRC Question: To ask the Prime Minister (a) whether MAS has done any study to monitor the extent and implications of consumer data monopoly by firms; (b) how is the personal data of users of digital payments being protected when they use this payment mode; and (c) what has been the progress on the Central
    • MAS
    • Media Releases

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    • Singapore, 17 September 2018…The Singapore Quick Response Code (SGQR) was officially launched by Mr Ong Ye Kung, Minister for Education and MAS Board Member today. The first of its kind globally, SGQR combines multiple payment QR codes into a single SGQR label, making QR code-based mobile payments simple for both consumers and merchants. SGQR will be adopted by 27 payment schemes including PayNow, NETS, GrabPay, Liquid Pay and Singtel DASH, and will be deployed progressively over the next six months
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback Received on Legal Tender Limits (752.5 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Revised Legal Tender Limit for Coins (343.8 KB) RESPONSE TO FEEDBACK RECEIVED October 2017 Proposal for New Legal Tender Limit for Coins Monetary Authority Of Singapore 1 -------- RESPONSE TO FEEDBACK RECEIVED ON NEW LEGAL TENDER LIMIT FOR COINS 9 OCTOBER 2017 Contents 1 Preface ..................................................