Showing 4746 Documents for "recognised market operator"
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- MAS
- Media Releases
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- Singapore, 19 December 2006...The Monetary Authority of Singapore (MAS) announced today that MEPS+, the new MAS Electronic Payment System, was implemented successfully on 9 December 2006. MEPS+ is the new real-time gross and government securities settlement system that replaces MEPS, which began operation in 1998. 2 As a national interbank payment system, MEPS+ enables participants to make immediate settlement of funds and Singapore Government Securities (SGS) transactions. The system has been
- MAS
- Staff Papers
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- Paper No. 27, February 2004 - By Andrew K Rose Abstract I examine the hypothesis that membership in the World Trade Organization (WTO) and its predecessor the General Agreement on Tariffs and Trade (GATT) has increased the stability and predictability of trade flows. I use a large data set covering annual bilateral trade flows between over 175 countries between 1950 and 1999, and estimate the effect of GATT/WTO membership on the coefficient of variation in trade computed over 25-year samples, controlling
- MAS
- Notices
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- Requirements for merchant banks on maintaining credit files, grading credit facilities and determining credit loss allowance. This notice applies to all merchant banks in Singapore. It sets out the credit grading treatment, for credit facilities granted support measures by merchant banks in response to the on-going novel coronavirus (“COVID-19”) outbreak, for the period beginning on 1 January 2021 and ending on 31 December 2021 (both dates inclusive). Amendment Notes 01 Jul 2021 MAS Notice 1005A
- MAS
- Media Releases
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- 24 Aug 1999...MAS today issued the Insurance (Financial Guarantee Insurance) (Amendment) Regulation 1999. The amended regulation allows multi-line insurers and reinsurers to engage in financial guarantee insurance business. It also stipulates a new requirement for licensed financial guarantee insurers to build up specific contingency reserves to meet unexpected large claims. MAS said that the amended regulations also eases a previous restriction that allowed only Singapore-incorporated subsidiaries
- MAS
- Media Releases
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- First Fund Management Company In Singapore To Be Awarded. 19 Nov 1998... Minister for Finance, Dr Richard Hu, today awarded Morgan Stanley Dean Witter (MSDW) Investment Management Company with the Enhanced Fund Manager status, the first fund management company in Singapore to be granted the tax holiday. Speaking at the opening of MSDW's new office premises at Capital Square, Dr Hu noted that MSDW's Singapore operations had grown substantially since it started operating in 1990. "Singapore now serves
- MAS
- Guidance
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- Provides a summary of key findings from thematic supervisory visits to banks on countering proliferation, and elaborates on the sound practices observed. MAS conducted a series of thematic supervisory visits to banks on countering proliferation financing risks. The discussions centered around common typologies (elaborated within the paper) and the need for banks to be vigilant in detecting sanctions evasion. This paper provides a summary of the key findings from the thematic supervisory visits, and
- MAS
- Media Releases
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- Singapore, 22 November 2019… The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) jointly conducted a cyber-themed business continuity exercise to strengthen the financial sector’s resilience to cyber-attacks and operational disruptions. Codenamed Exercise Raffles, the sixth edition of the exercise was conducted over two days ending yesterday. 2 Exercise Raffles saw financial institutions respond to scenarios of cyber-attacks and operational disruptions by activating
- MAS
- Media Releases
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- Singapore, 21 February 2013 … The Monetary Authority of Singapore (MAS) announced today that a new coin series will be issued for circulation by the middle of 2013. 2 The new Singapore Third Series coins will feature five of Singapore’s national icons and landmarks: Merlion, a traditional symbol of Singapore; Port of Singapore, one of the busiest in the world; Changi Airport, one of the best airports in the world; Public Housing, home to more than 80 percent of Singaporeans; and Esplanade, iconic
- MAS
- Media Releases
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- Singapore, 14 November 2022... The Monetary Authority of Singapore (MAS) said today, in response to media queries, that FTX.com does not operate in Singapore. FTX.com is neither licensed nor exempted from licensing in Singapore. It is not possible, however, to prevent Singapore users from directly accessing overseas service providers. FTX.com was therefore able to onboard Singapore users. MAS has consistently reminded the public of the risks of dealing with unlicensed entities. 2. Questions have
- MAS
- Notices
Last revised date:
- This Notice sets out the criteria that the MAS will apply when considering an application to approve the Rules of a designated system under the Payment and Settlement Systems (Finality and Netting) Act. Amendment Notes There are no amendment notes for this notice. 1. 2. 3. 4. 5. MAS NOTICE FNA-N01 ISSUE DATE: 8 APRIL 2019 INTRODUCTION NOTICE ON CRITERIA OF RULES OF A DESIGNATED SYSTEM PAYMENT AND SETTLEMENT SYSTEMS (FINALITY AND NETTING) ACT (CAP. 231) This Notice