Showing 4566 Documents for "economic issues"

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    • MAS
    • Media Releases

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    •   Singapore, 2 June 2003...The Monetary Authority of Singapore (MAS) welcomes today's launch of the Asian Bond Fund  (ABF) by the EMEAP group of central banks. As a member of the EMEAP grouping, Singapore will be investing US$100 million in the ABF.  The initial size of the ABF will be about US$1 billion, and will be invested in a basket of US$ denominated sovereign and quasi-sovereign bonds issued by countries in the region.  The ABF will be managed by the Bank for International Settlements (BIS
    • MAS
    • Media Releases

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    • Last in the Cultural and Heritage Site Series "Singapore River - Boat Quay in the mid 1900s" Singapore, 30 March 2004...The Monetary Authority of Singapore (MAS) today launched the 2004 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 series in Singapore.  The current set is the fifth and last set in the series.  It features the Singapore River - Boat Quay in the mid-1900s.
    • MAS
    • Enforcement Actions

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    • Singapore, 2 September 2021… The Monetary Authority of Singapore (MAS) has issued a four-year prohibition order (PO) against Mr Lan Kangming and a three-year PO against Mr Wee Toon Lee, following their convictions in the State Courts for offences involving dishonesty. 2     Under the POs, which took effect from 1 September 2021, the two former representatives of UOB Kay Hian Private Limited (UOBKH) are prohibited from performing any regulated activity and from taking part in the management, acting
    • MAS
    • Enforcement Actions

    Last revised date:

    • Singapore, 5 May 2021… The Monetary Authority of Singapore (MAS) has issued a 2-year prohibition order (PO) against Mr Lim Chew Keat, a former insurance agent of Synergy Financial Advisers Pte Ltd (Synergy FA) for making false and misleading statements to his client. 2            Mr Lim is prohibited from providing any financial advisory service, or from taking part in the management, acting as a director or becoming a substantial shareholder of any financial advisory firm under the Financial Advisers
    • 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

    Last revised date:

    • 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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    • Response VIEW DOCUMENT Response to Feedback: Proposed Corporate Governance Framework (70.9 KB) Consultation Paper VIEW DOCUMENT Proposed Corporate Governance Framework (115.4 KB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION ON CORPORATE GOVERNANCE GUIDELINES AND REGULATIONS 8 SEPTEMBER 2005 -------- CONSULTATION ON CORPORATE GOVERNANCE GUIDELINES AND REGULATIONS - RESPONSE TO FEEDBACK RECEIVED In February 2003, MAS published a consultation paper inviting industry and public comments
    • MAS
    • Media Releases

    Last revised date:

    •  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