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- MAS' responses to the feedback on the consultation paper is available on the MAS website. [ Click here to view MAS' responses (210.2 KB) ]. The Banking (Amendment) Bill is available on the Parliament of Singapore website.
- Flexibility for MAS to prescribe what constitutes a deposit 19 To facilitate MAS' response to product innovation, the Bill will empower MAS to exclude or include any financial product from or in the definition of deposit.
- MAS will also be empowered to inspect the operations of approved card issuers for compliance with MAS' rules pertaining to credit card operations. 15 Single party merchant credit [4] will continue to be exempted from MAS' regulations.
- MAS
- Parliamentary Replies
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- with the MAS at zero interest.
- MAS may vary the duration that the additional statutory reserves are to be placed with MAS, depending on its assessment of whether the remedial measures put in place by each bank are adequate. If any of the banks fail to comply with MAS’ directives, MAS can impose other penalties, including fines.
- MAS welcomes these new measures. Conclusion 17 In sum, MAS has taken firm and appropriate supervisory actions against the banks, based on a careful assessment of their respective deficiencies.
- MAS
- Media Releases
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- 1 The Minister for Education and Deputy Chairman, Monetary Authority of Singapore (MAS) today moved the Payment Systems (Oversight) Bill (the Bill) for first reading in Parliament.
- MAS will be requiring disclosure to users or potential users by way of written statements that the holder of the SVF is not subject to MAS' approval.
- Where the stored value is above the threshold, the holder of the SVF must be approved by MAS and a bank licensed by MAS must also be approved to be fully liable for the stored value.
- MAS
- Consultations
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- (MAS Notice 637).
- MONETARY AUTHORITY OF SINGAPORE 8 --------
- MONETARY AUTHORITY OF SINGAPORE 2 4 -------- CONSULTATION ON AMENDMENTS TO MAS NOTICE 648 TO BANKS JANUARY 2015 Annex A DRAFT AMENDMENTS (TRACKED) TO MAS NOTICE 648 TO BANKS This Notice is issued pursuant to section 55 of the Banking Act (Cap. 19) and is MAS NOTICE
- MAS
- Staff Papers
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- MONETARY AUTHORITY OF SINGAPORE 62 -------- -------- --------
- Ong, MAS chief fields the queries on a debacle, The Straits Times, 4 Dec. 1985, p. 23. 17. MAS, Minutes of Meeting with the Creditor Banks of the Stockbroking Industry on 22 Feb 86 at 10.50 AM at the MAS Boardroom, rec. Tham Choi Kit, 22 Feb. 1986. 18.
- & Alvin Tay, Blueprint for stock exchange. 34 MAS, Minutes of Meeting with the Creditor Banks of the Stockbroking Industry on 22 Feb 86 at 10.50 AM at the MAS Boardroom, rec.
- MAS
- Consultations
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- MAS Response 3.2 MAS notes respondents comments on this issue.
- They requested that MAS amend the domestic confidentiality provisions so as to allow for mandatory reporting. MAS Response 5.2 MAS acknowledges the concerns raised.
- MAS will address these issues via regulations, which will set out details on how MAS will administer the trade repository regulatory framework. MAS will consult on these regulations at a later stage.
- MAS
- Parliamentary Replies
Last revised date:
- funding be affected by MAS’ financial position.
- This means that even though MAS recorded a net loss for FY2021/22, the Government will receive $1.1b from MAS, based on the contributions accrued for the previous two financial years, when MAS recorded net profits.
- Negative currency translation effects do not have any bearing on MAS’ ability to manage the exchange rate; rather they are a consequence of MAS’ conduct of exchange rate policy. 6.
- MAS
- Consultations
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- MONETARY AUTHORITY OF SINGAPORE -------- No.
- , as defined in Regulation 7 and MAS Notice 630.
- requirements under the revised MAS Notice 630; and b.
- MAS
- Annual Reports
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- MAS Diploma The MAS Academy offers the MAS Diploma a three-year flagship programme, which gives a broad-based education on MAS key functions.
- Pillay (past MD, April 1985 - October 1989), Mr Ravi Menon (MD of MAS), at the MAS Gallery launch (continued on next page) 70 Monetary Authority of Singapore -------- ONE MAS: INTEGRATED AND COHE SI VE THE MAS GALLERY continued BOX 10 Reflections@MAS highlights MAS mission and values, its leaders
- Japanese Yen Cash Under MAS-BOJ CBCA MAS enhanced the MAS-BOJ CBCA to allow banks in Singapore to pledge Japanese Yen cash at MAS Standing Facility to obtain SGD liquidity.
- MAS
- Notices
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- [MAS 117 (Amendment) 2010, wef 26 Nov 2010] [MAS 117 (Amendment) 2020, wef 16 Apr 2020] Exclusion 6.
- [MAS 117 (Amendment) 2015, wef 1 Jan 2016] [MAS 117 (Amendment) 2020, wef 16 Apr 2020] Exclusion 9B.
- Amendment Notes 16 Apr 2020 MAS Notice 117 (Amendment) 2020 (375.2 KB) takes effect from 16 Apr 2020. 28 Dec 2015 MAS Notice 117 (Amendment) 2015 (201.8 KB) takes effect from 1 Jan 2016. 26 Nov 2010 MAS Notice 117 (Amendment) 2010 (20.2 KB) takes effect. 11 Aug 2010 MAS Notice 117 (Amendment) 2010 (49.2