Showing 4566 Documents for "economic issues"

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    • MAS
    • Speeches

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    • 1 Minister for Finance, Minister Lawrence Wong, on behalf of Senior Minister and Minister-in-charge of the Monetary Authority of Singapore (“MAS”), Mr Tharman Shanmugaratnam, today moved the Exchanges (Demutualisation and Merger) (Amendment) Bill (“Bill”) for First Reading in Parliament. BACKGROUND 2 The Exchanges (Demutualisation and Merger) Act (“EDMA”) was enacted in 1999 to provide for the demutualisation and merger of the then Stock Exchange of Singapore Limited, the Singapore International
    • MAS
    • Enforcement Actions

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    • Singapore, 19 December 2018…The Monetary Authority of Singapore (MAS) announced today that it has increased the ban against Mr Tim Leissner to a lifetime Prohibition Order (PO). This follows Mr Leissner’s admission to criminal charges brought against him by the United States Department of Justice (US DOJ). 2   On 13 March 2017, MAS had issued a 10-year PO against Mr Leissner, a former director of Goldman Sachs (Singapore) Pte., to prohibit him from (i) performing any regulated activity under the
    • MAS
    • Media Releases

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    • Singapore, 22 October 2013… Singapore and China today agreed on new initiatives to strengthen cooperation on financial sector development and regulation. The agreement was reached at the 10th Joint Council for Bilateral Cooperation (JCBC), co-chaired by Singapore Deputy Prime Minister, Coordinating Minister for National Security, and Minister for Home Affairs, Mr Teo Chee Hean, and People’s Republic of China Vice Premier of the State Council, Mr Zhang Gaoli. 2              The new initiatives will
    • MAS
    • Parliamentary Replies

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    • QUESTION NO. 314 NOTICE PAPER NO. 440 OF 2016 FOR WRITTEN ANSWER Date: For Parliament Sitting on 09 November 2016 Name and Constituency of Member of Parliament Mr Leon Perera, Non-Constituency Member of Parliament Question: To ask the Prime Minister (a) whether any MAS rules prevent the hiring of any category of ex-offenders for positions in the financial services sector; (b) in how many instances has MAS found any financial institution to be in breach of the "fit and proper" guidelines in their
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 13 October 2015…Singapore and China today agreed on new initiatives to further promote the international use of the Renminbi (RMB) through Singapore. The agreement was reached at the 12th Joint Council for Bilateral Cooperation (JCBC), co-chaired by Singapore Deputy Prime Minister and Coordinating Minister for National Security, Mr Teo Chee Hean, and People’s Republic of China Vice Premier of the State Council, Mr Zhang Gaoli. 2   The new initiatives will broaden the cross-border RMB channels
    • PDPC
    • Commission's Decisions

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    • A warning was issued to Specialized Asia Pacific for failing to put in place reasonable security arrangements to protect the personal data of 2,445 application users. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case No. DP-2101-B7826 In the matter of an investigation under Section 50(1) of the Personal Data Protection Act 2012 And Specialized Asia Pacific Pte Ltd Organisation SUMMARY OF THE DECISION 1. On 29 January 2021, Specialized Asia Pacific
    • SSO
    • Subsidiary Legislation

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    • Preservation of copies of personal data 8. —(1)  For the purposes of section 22A(1) of the Act, the prescribed period for the preservation of a copy of the personal data that an organisation has refused to provide is the period beginning immediately after the date of the organisation’s refusal and ending immediately after the relevant date. (2)  In this regulation — “date of refusal”, in relation to an organisation’s refusal, means the date on which the organisation notifies an individual of the
    • PDPC
    • Commission's Decisions

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    • A warning was issued to Flying Cape, a data intermediary, for failing to put in place reasonable security arrangements to protect the personal data of 191 users of a website. Flying Cape was managing the website on behalf of its client. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case No. DP-2011-B7385 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And (1) Flying Cape Pte Ltd (2) ACCA Singapore Pte Ltd SUMMARY
    • MAS
    • Notices

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    • Requirements for financial advisers and their representatives when selling unlisted debentures to clients. This notice applies to: Licensed financial advisers and their representatives. Exempt financial advisers and their representatives. Service companies and their representatives who are exempt under regulation 29 of the Financial Advisers Regulations . It sets out the standards, disclosure obligations and explanations to clients in relation to the sale and cancellation of an unlisted debenture
    • MAS
    • Exemptions

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    • View exemptions issued under section 337(2) of the Securities and Futures Act for the period from 1 April 2013 to 30 June 2013. 1 2   Issue Date: 3 Oct 2013 EXEMPTIONS ISSUED PURSUANT TO SECTION 337(2) OF THE SECURITIES AND FUTURES ACT (CAP. 289) (SFA) For the period from 1 April 2013 to 30 June 2013 S/N Exemption granted Exemption provision No. of exemptions provided 1 Section 300(9) of the SFA, read with section 337(2) of the SFA. Exemption for the sponsor of