Showing 4218 Documents for "DPT service"
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- MAS
- Notices
Last revised date:
- Requirements for insurers on computing the total debt servicing ratio (TDSR) for property loans. This notice applies to all direct insurers in Singapore. It sets out the formula and parameters for insurers to compute the total debt servicing ratio, monthly total debt obligations and gross monthly income of borrowers. The notice also spells out the limit on monthly repayment instalments for the purchase of HDB flats and executive condominiums. See explainers: Rules for New Housing Loans Mortgage Equity
- MAS
- Parliamentary Replies
Last revised date:
- Issues Raised in Parliament ANSWER TO PARLIAMENTARY QUESTION ON: Islamic Banking For Parliament Sitting on 04 Aug 1999 Question: To ask the Deputy Prime Minister if he will give a progress report on the introduction of Islamic banking facility in Singapore and whether his Ministry has any plan to encourage local and foreign banks to provide the facility in order to attract local and foreign deposits. Answer: 1. MAS allows banks in Singapore to offer Islamic banking products and services as part of
- MAS
- Media Releases
Last revised date:
- Singapore, 21 February 2008...The Monetary Authority of Singapore (MAS) is seeking views on proposed Guidelines on Fair Dealing – Board and Senior Management Responsibility for Delivering Fair Dealing Outcomes to Consumers (Guidelines). 2 The Guidelines emphasise the responsibility of the Board and Senior Management of financial institutions (FIs) to deliver fair dealing outcomes when FIs provide financial advisory (FA) services to retail consumers. The fair dealing outcomes that FIs should strive
- MAS
- Monetary Policy Statements
Last revised date:
- 14 October 2014 INTRODUCTION 1. In April 2014, MAS maintained a modest and gradual appreciation path of the S$NEER policy band, with no change to its slope, width, and the level at which it was centred. This policy stance, which has been in place since April 2012, was assessed to be appropriate for containing domestic and imported sources of inflation amid the ongoing economic restructuring. Chart 1 S$ Nominal Effective Exchange Rate (S$NEER) 2. Over the last six months, the S$NEER fluctuated
- MAS
- Monetary Policy Statements
Last revised date:
- 13 April 2017 INTRODUCTION 1. In the October 2016 Monetary Policy Statement (MPS), MAS kept the slope of the Singapore dollar nominal effective exchange rate (S$NEER) policy band at zero percent, with no change to the width of the policy band or the level at which it was centred. This policy stance was assessed to be appropriate given the subdued outlook for growth and inflation. Chart 1 S$ Nominal Effective Exchange Rate (S$NEER) 2. Following the October 2016 MPS, the S$NEER has fluctuated
- MAS
- Enforcement Actions
Last revised date:
- 1 On 24 December 2014, MAS reprimanded JPMorgan Chase Bank, N.A., Singapore Branch [“JPMorgan”] for contraventions of section 23B(3)(a) of the FAA and section 99B(3)(a) of the SFA. 2 Section 23B(3)(a) of the FAA stipulates that a principal shall not permit any individual to provide any type of financial advisory service on its behalf unless the individual is an appointed or provisional representative in respect of that type of financial advisory service. Section 99B(3)(a) of the SFA
- SSO
- Legislation
Last revised date:
- Meaning of “specified message” 37. —(1) Subject to subsection (5), for the purposes of this Part, a specified message is a message where, having regard to the following, it would be concluded that the purpose, or one of the purposes, of the message is an applicable purpose: ( a ) the content of the message; ( b ) the presentational aspects of the message; ( c ) the content that can be obtained using the numbers, URLs or contact information (if any) mentioned in the message; ( d ) if the telephone
- SSO
- Subsidiary Legislation
Last revised date:
- Service of documents 23. —(1) Unless any provision of these Regulations or the Appeal Committee requires the document to be served personally, any document required to be sent to or served on any person for the purposes of any appeal proceedings may be — ( a ) delivered to that person’s appropriate address; ( b ) sent to that person’s appropriate address by post; or ( c ) sent in such other manner as may be agreed between the person serving and the person to be served. (2) For the purposes of paragraph
- SSO
- Subsidiary Legislation
Last revised date:
- Service of documents 23. —(1) Unless any provision of these Regulations or the Appeal Committee requires the document to be served personally, any document required to be sent to or served on any person for the purposes of any appeal proceedings may be — ( a ) delivered to that person’s appropriate address; ( b ) sent to that person’s appropriate address by post; or ( c ) sent in any other manner as may be agreed between the person serving and the person to be served. (2) For the purposes of paragraph
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 19 December 2017…The Monetary Authority of Singapore (MAS) announced today that it has issued a lifetime Prohibition Order (PO) against Mr Yeo Jiawei and a 3-year PO against Mr Kevin Scully. Both POs take effect from 18 December 2017. MAS had earlier served notices of intention to issue POs against Mr Yeo and Mr Scully in October and May 2017 respectively. Including these latest actions, MAS has issued to-date POs against a total of eight persons involved in 1MDB-related breaches. Mr Yeo