Showing 4218 Documents for "DPT service"
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- MAS
- Media Releases
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
- MAS
- Media Releases
Last revised date:
- Singapore, 27 August 2020… The Monetary Authority of Singapore (MAS) supports the move by the Ministry of Manpower (MOM) Please see link to MOM’s media release: https://www.mom.gov.sg/newsroom/press-releases/2020/0827-tightening-of-work-pass-requirements to increase the minimum qualifying salary (MQS) for entry-level employment pass (EP) holders in the financial services sector to $5,000. 2 MAS worked closely with MOM to determine the new MQS for the financial services sector, which is higher than
- SSO
- Subsidiary Legislation
Last revised date:
- Definitions 2. In these Regulations, unless the context otherwise requires — “No Fax Message Register” means the register listing Singapore telephone numbers to which a specified fax message shall not be sent; “No Text Message Register” means the register listing Singapore telephone numbers to which a specified text message shall not be sent; “No Voice Call Register” means the register listing Singapore telephone numbers to which a specified voice message shall not be sent; “register” means a Do
- MAS
- Explainers
Last revised date:
- MAS sets maximum limits on loan tenure (35 years) and loan-to-value for mortgage equity withdrawal loans. Certain other rules apply, including total debt servicing ratio in most circumstances. Applying for a New MWL Mortgage equity withdrawal loans (MWLs) are loans secured against the value of the borrower's residential property. Certain facilities are excluded. Maximum Loan Tenure The loan tenure for MWLs is capped at 35 years. Maximum Loan-To-Value For an individual or a shell company, the MWL,
- PDPC
- Commission's Decisions
Last revised date:
- A warning was issued to MRI Diagnostics for failing to put in place reasonable security arrangements to prevent the unauthorised disclosure of personal data of approximately 4,099 individuals which were publicly available via the internet. Directions were imposed on Clarity Radiology for failing to appoint a data protection officer and not having policies and practices necessary to comply with the PDPA. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case No. DP-1811-B2975 In
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 3626 NOTICE PAPER 1450 OF 2022 FOR WRITTEN ANSWER Date: For Parliament Sitting on 20 October 2022 Name and Constituency of Member of Parliament Mr Chua Kheng Wee Louis, MP, Sengkang GRC Question: To ask the Prime Minister (a) what is the basis for setting the new Total Debt Servicing Ratio medium-term interest rate floor at 4% per annum; (b) how does the rate compare to historical mortgage rates in Singapore; and (c) whether MAS expects the ‘thereafter interest rate’ to exceed the 4%
- MAS
- Media Releases
Last revised date:
- New Professional Conversion Programme launched to address demand for various financial services skillsets Launch of Financial Services Week 1. FiCAC (Financial Industry Career Advisory Centre), which was set up in April 2016 by the Financial Sector Tripartite Committee (FSTC), is collaborating with industry players to help financial sector professionals move into key job opportunities in the financial sector, while the sector undergoes transformation in operating models and composition of jobs
- MAS
- Guidance
Last revised date:
- This Compliance Toolkit aims to guide and facilitate wholesale banks’ and full banks’ understanding and compliance with the various MAS approval, notification, and reporting requirements and timelines. Monetary Authority of Singapore COMPLIANCE TOOLKIT FOR WHOLESALE BANKS AND FULL BANKS Approvals, Notifications and Regulatory Submissions to MAS ISSUED FEBRUARY 2023 -------- Key Legislative, Regulatory Requirements and Guidelines Covered: Description of Document: This compliance toolkit
- MAS
- Speeches
Last revised date:
- Ladies and gentlemen, good morning. 1 I am delighted to be here this morning to address this very distinguished group of scholars and practitioners of Islamic Finance. To our overseas guest, let me bid you a very warm welcome, and I hope that you would have a productive and enjoyable stay in Singapore. I understand that this is the first time that the International Islamic Finance Forum is holding its conference in Asia, and I thank the organiser for your special efforts to bring this forum here
- MAS
- Speeches
Last revised date:
- Your Excellencies, distinguished guests, ladies and gentlemen, good morning. And to all our foreign guests, a warm welcome to Singapore. Introduction 1 I am honoured to be invited to deliver the opening address for the 4th WIBC Asia Summit. Since its inauguration, I am pleased to see that the Conference has grown in participation and stature, with attendance nearly doubled since 2010. Continued Growth of Islamic Finance 2 When this conference convened in Singapore this time last year, one key