Showing 4566 Documents for "economic issues"

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    • MAS
    • Enforcement Actions Media Releases

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    • Singapore, 18 March 2022 … The Monetary Authority of Singapore (MAS) has issued ten-year prohibition orders (POs) against Mr Loh Thim Mun Marcus, a former wealth planning manager with DBS Bank Pte Ltd (DBS). The POs, which took effect on 16 March 2022, were issued following his convictions in the State Courts for offences involving fraud or dishonesty, namely cheating, forgery and using the benefits of his criminal conduct. 2 Under the POs, Mr Loh is prohibited from (i) providing any financial advisory
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 8 NOTICE PAPER 147 OF 2014 FOR ORAL ANSWER Date: For Parliament Sitting on 7 July 2014 Name and Constituency of Member of Parliament Mr Liang Eng Hwa, MP for Holland-Bukit Timah GRC Question: To ask the Prime Minister in light of the increasing number of Singaporeans buying foreign properties (a) what is the Government doing to raise awareness of various risks of cross border investments; and (b) whether the Government can institute measures to address the impact of excessive speculation
    • MAS
    • Media Releases

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    • Singapore, 30 September 2020… The Monetary Authority of Singapore (MAS) announced today that it has directed Wirecard entities in Singapore (Wirecard SG) to cease their payment services in Singapore and to return all customers’ funds by 14 October 2020. 2   MAS has been monitoring the impact of Wirecard AG’s insolvency on the ability of Wirecard SG to continue providing payment services in Singapore. MAS has closely engaged Wirecard SG in recent months to safeguard the interest of Wirecard SG’s customers
    • MAS
    • Guidelines

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    • Requirements for banks and merchant banks operating an Asian Currency Unit. These guidelines set out the terms and conditions applicable to all banks and merchant banks operating an Asian Currency Unit in Singapore. The guidelines cover: Limits on total assets and liabilities Allowable financial transactions Undertakings required 01 Jul 2021 The Asian Currency Unit Terms and Conditions of Operation (10.1 KB) (last revised on 31 July 2008) is cancelled. Asian Currency Unit Terms And Conditions Of
    • MAS
    • Consultations

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    • 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

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    • 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

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    • 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

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    • 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
    • MAS
    • Media Releases

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    •  Kampong Glam - Cultural and Heritage Site Series Singapore, 28 April 2003. The Monetary Authority of Singapore (MAS) today launched the 2003 Sterling Silver Proof Coin Set in the Cultural and Heritage Site series. The Sterling Silver Proof Coin sets, first issued in June 2000, features the cultural and heritage sites of Singapore.  The current and fourth set in the series features Kampong Glam in the 1950s. 2   The Singapore 2003 Silver Proof Coin Set, minted in 925 silver proof condition, consists
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 1 September 2014... The Monetary Authority of Singapore (MAS) today released a consultation paper proposing changes to facilitate bond offerings to retail investors. In line with this, the Singapore Exchange (SGX) today released a consultation paper on a proposed bond seasoning framework. Under this framework, retail investors will be able to purchase bonds initially offered by eligible issuers to institutional and accredited investors, after these bonds have been listed for six months