Showing 4566 Documents for "economic issues"

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    • MAS
    • Circulars

    Last revised date:

    • Informs all licensed insurers of the review of insurance returns and the regulations that have been issued or amended to move the existing reporting requirements from subsidiary legislations to notices. Circular No. ID 14/18 19 December 2018 Chief Executives All Insurers Dear Sir/Madam REVIEW OF INSURANCE RETURNS AND AMENDMENTS TO INSURANCE (VALUATION AND CAPITAL) REGULATIONS 2004 We refer to Circular No. ID 11/18 dated 28 September 2018. The Monetary Authority of Singapore
    • MAS
    • Media Releases

    Last revised date:

    • 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
    • PDPC
    • Commission's Decisions

    Last revised date:

    • PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC 4 Case No DP-1706-B0860 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Aviva Ltd … Organisation DECISION -------- Aviva Ltd [2018] SGPDPC 4 Tan Kiat How, Commissioner— Case No DP-1706-B0860 19 April 2018 Background 1 The Organisation mistakenly sent out by post underwriting letters meant for 3 different clients (the “Impacted Clients”) to
    • PDPC
    • Public Consultations

    Last revised date:

    • Public Consultation for Managing Unsolicited Commercial Messages and the Provision of Guidance to Support Innovation in the Digital Economy – Submission of Comments Date Submitted 12 June 2018 Name This submission sets out Allen & Gledhill LLP’s comments and/or comments from one or more of our clients (who each have requested that their identity not be disclosed), on the public consultation by the Personal Data Protection Commission (“PDPC”) for managing unsolicited messages and the
    • PDPC
    • Practical Guidance

    Last revised date:

    • Guidance on whether the institution’s proposed methods of communication with various persons comply with the DNC provisions under the PDPA, and whether the institution’s proposed IT security arrangements are adequate under the PDPA. Click here to find out more. GUIDANCE NOTE ON APPLICATION OF PERSONAL DATA PROTECTION ACT 2012 TO ISSUES AND CIRCUMSTANCES RAISED BY A RELIGIOUS INSTITUTION 1. INTRODUCTION 1.1 This document responds to a request from a religious institution (the
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $58,000 was imposed on Carousell for failing to put in place reasonable security arrangements to protect the personal data of its platform users in its possession or under its control. Carousell was also directed to review its software testing procedures, processes and procedures for documenting functional and technical specifications of software and rectify any gaps identified from the reviews. Click here for more information. PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPC
    • MAS
    • Consultations

    Last revised date:

    • Sets out the draft business trusts regulations to operationalise certain provisions in the business trusts bill. Response VIEW DOCUMENT Response to Feedback: Business Trusts Regulations (95.5 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Business Trusts Regulations (555.3 KB) CONSULTATION ON BUSINESS TRUSTS REGULATIONS - MAS' RESPONSE TO FEEDBACK RECEIVED On 11 August 2004, MAS issued for public consultation the draft Regulations to be issued under the Business Trusts Act. The Regulations
    • MAS
    • Consultations

    Last revised date:

    • Sets out proposals to amend the REIT Guidelines in order to introduce a licensing framework for REIT managers under the SFA and to establish measures to safeguard interests of unitholders, among others. Response VIEW DOCUMENT Response to Feedback: Enhancements to the Regulatory Regime Governing REITs (160.7 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Enhancements to the Regulatory Regime Governing REITs (112.8 KB) Enhancements to the Regulatory Regime Governing REITs Response to
    • MAS
    • Consultations

    Last revised date:

    • Response VIEW DOCUMENT Response to Consultation Paper on Regulatory Framework for Financial Holding Companies (85.7 KB) Consultation Paper VIEW DOCUMENT Consultation Paper On Regulatory Framework for Financial Holding Companies (306 KB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION PAPER ON REGULATORY FRAMEWORK FOR FINANCIAL HOLDING COMPANIES 1 Introduction 1.1 In February 2012, the Monetary Authority of Singapore (MAS) conducted a public consultation on the Regulatory Framework
    • MAS
    • Consultations

    Last revised date:

    • Consultation on Draft Financial Advisers (Complaints Handling and Resolution) Regulations. Response VIEW DOCUMENT Response to consultation on complaints handling and resolution regulations (403.7 KB) Annex E (ZIP, 586.4 KB) Summary of AI opt in process under the FA CHR and SF COI Regs (133.5 KB) Biannual report form Consultation Paper VIEW DOCUMENT Consultation Paper on Draft Financial Advisers (Complaints Handling and Resolution) Regulations (836.7 KB) To effect regulations for strengthening financial