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    • MAS
    • Forms and Templates

    Last revised date:

    • Form for banks, merchant banks, finance companies and insurers to notify MAS of their commencement of business or addition of regulated activity or activities. This form must be submitted at least 14 days before the commencement or addition of the regulated activity or activities. Form 26 should be lodged online via FormSG . After submission, FIs may view a record of their submission by logging into MAS-Tx . SECURITIES AND FUTURES ACT (Cap. 289) SECURITIES AND FUTURES (LICENSING AND CONDUCT
    • MAS
    • Media Releases

    Last revised date:

    • In recognition of the importance of data connectivity in financial services, Bangko Sentral ng Pilipinas (“BSP”) and The Monetary Authority of Singapore (“MAS”) have agreed on and jointly issue the following statement of intent: 1. Introduction 1.1. BSP and MAS recognise that the ability to aggregate, store, process, and transmit data across borders is critical to the development of the financial sector. The expanding use of data in financial services and the increasing use of technology to supply
    • MAS
    • Media Releases

    Last revised date:

    • In recognition of the importance of data connectivity in financial services, the Swiss State Secretariat for International Finance (“SIF”) and The Monetary Authority of Singapore (“MAS”) have agreed on and jointly issue the following statement of intent: SIF and MAS recognize the importance of a sound regulatory and policy framework, one that is conducive for the cross-border transmission, storage, processing, access to and protection of data in the financial sector (“data connectivity for financial
    • MAS
    • Speeches

    Last revised date:

    •  Good morning, ladies and gentlemen. 2   I would like to thank IFPAS for inviting me to address you this morning.  It is indeed my pleasure to be here, speaking to professionals from across the financial industries. Introduction 3   Prospects for the financial advisory industry in Singapore look bright.  Several economic and demographic trends point towards continued growth for the financial advisory industry. The Singapore economy grew by a healthy 6.4% in 2005 and the growth momentum is expected
    • MAS
    • Speeches

    Last revised date:

    • H.E. Dr Lim Hong Hin, Deputy General Secretary of ASEAN for the AEC Mr Vincent Kwo, Chairman, ASEAN Insurance Council Ladies and Gentlemen ASEAN Economic Community 2015 I am delighted to join you this morning. 2.   Seven years ago, the leaders of ASEAN articulated a bold vision 1 .  Building on earlier progress in regional trade liberalisation and integration, ASEAN partners committed ourselves to become an ASEAN Economic Community (AEC) by 2015. With a population of over 600 million and combined
    • PDPC
    • Commission's Decisions

    Last revised date:

    • Directions were issued to The Law Society of Singapore to conduct a security audit of its technical and administrative arrangements for accounts with administrative privileges that can access directly and/or create access to personal data, and to rectify any gaps identified. This is pursuant to a data breach incident where The Law Society’s servers were subjected to a ransomware attack. Click here for more information. PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPC 4 Case No. DP-2102-B7850
    • MAS
    • Notices

    Last revised date:

    • Requirements on technology risk management for financial advisers. This notice applies to all licensed financial advisers and exempt financial advisers. It sets out requirements for a high level of reliability, availability and recoverability of critical IT systems and for financial advisers to implement IT controls to protect customer information from unauthorised access or disclosure. See also: FAQs - Notice on Technology Risk Management Response to Public Feedback for Consultation Paper - Notice
    • MAS
    • Notices

    Last revised date:

    • Requirements on technology risk management for insurers. This notice applies to all licensed insurers, except captive insurers and marine mutual insurers. It sets out requirements for the identification of critical systems, and for insurers to maintain high availability and recovery time objective for critical systems. Insurers are also required to notify MAS of relevant incidents according to the prescribed timeline and format. Insurers must also implement IT controls to protect customer information
    • PDPC
    • Public Consultations

    Last revised date:

    • Feedback to PDPC Industry Engagement on NRIC Guidelines NTUC Social Enterprises -------- TABLLE OF CONTENTS ORGANISATIONS AND KEY CONTACT PERSON ......................................................................... 3 SUMMARY OF MAJOR POINTS [Redacted] ............................................................................... 4 COMMENTS TO QUESTIONS OUTLINED IN THE PUBLIC CONSULTATION DOCUMENT .......... 13 CONCLUSION ........................................................
    • MAS
    • Forms and Templates

    Last revised date:

    • Form for capital markets services licensees, banks, merchant banks, finance companies and insurers to notify MAS of the cessation of a representative in any or all regulated activities, by the next business day. Form 8 is to be submitted on-line using the Corporations and Representatives System (CoRe) on MASNET . MASNET is a closed communication network system operated by the Authority which a capital markets services licensee or a financial institution exempt from holding CMS Licence under section