Showing 5563 Documents for "MAS"
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- MAS
- Guidelines
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- However, MAS recognises that the risks posed by facilitating the execution of clients buy or sell orders are low.
- MAS would ordinarily not expect to exempt digital advisers from complying with the CAR and CKA requirements, unless a digital adviser is able to satisfy 17 -------- MAS that it has an alternative but equivalent framework that will achieve the same effect and policy objectives as the CAR
- MAS considers an FI as acting as an agent of a foreign fund house when the former has a distribution arrangement with the latter. 15 -------- Suitability of Advice 44.
- MAS
- Media Releases
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- The conference is jointly organised by the OECD and MAS.
- Mr Lim Hng Kiang, Minister for National Development and Second Minister for Finance, today announced the Monetary Authority of Singapore (MAS) will be making legislative amendments to attract specialist financial guarantee insurers to Singapore. 2 Financial guarantee insurers allow an investor to be
- of companies, regulation of insurance intermediaries, reinsurance and treatment of insolvent companies. 7 The IAIS seminar will be held from 3-4 February and provide government representatives training on supervising both life and non-life insurance institutions. 8 The Managing Director of the MAS
- MAS
- Media Releases
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- MAS Launches 2004 Base Metal Proof Coin Set
- Coin set issued to coincide with Singapore's 39th birthday Singapore, 30 June 2004...The Monetary Authority of Singapore (MAS) today launched the 2004 Base Metal Proof Coin Set. 2 The Singapore 2004 Base Metal Proof Set features coins with a mirror-like finishing.
- Each set comes in a special box with a Certificate of Authenticity issued by MAS. 5 The 2004 Base Metal Proof coin set will be sold at $48.00 each (GST inclusive).
- MAS
- Media Releases
Last revised date:
- Singapore, 12 March 2002 .The Monetary Authority of Singapore ('MAS') is seeking industry comments on the following draft documents relating to the Insurance Act: (a) Insurance (Amendment No 2) Regulations; (b) Insurance (Accounts and Statements)(Amendment No 2) Regulations; and (c) A written Notice
- MAS has proposed this change in treatment of the interest income following consultations with the general insurance industry.
- The Insurance (Amendment No 2) Regulations, Insurance (Accounts and Statements)(Amendment No 2) Regulations and Notices are available on MAS' website. ***
- MAS
- Media Releases
Last revised date:
- Singapore, 8 August 2003...The Monetary Authority of Singapore (MAS) today launched the 2003 Base Metal Proof Coin Set. 2 The Coin Set is the first base metal proof issue with the flora series coin design (currently in circulation).
- Each set comes with a Certificate of Authenticity issued by MAS and is presented in a special box. The Coin Set will be issued on 5 September 2003. 6 The 2003 Base Metal Proof Coin Set will be sold at $48.00 (inclusive of GST).
- Singapore Mint retail outlets at: The Singapore Mint Coin Gallery 20 Teban Gardens Crescent Singapore 608928 Tel : 6566 2626 Coin City Starhub Centre 51 Cuppage Road #01-07 Singapore 229469 Tel : 6339 0886 Orchard Showroom #B1-18 Orchard MRT Station 437 Orchard Road Singapore 238878 Tel : 6735 0012 MAS
- MAS
- Media Releases
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- , Monetary Authority of Singapore 10.10 am Tea Break 10.30 am Session 1: Regulatory Challenges in the New Financial Landscape Chairperson: Mr Tharman Shanmugaratnam, Managing Director, Monetary Authority of Singapore Speakers: Dr Robert E.
- Eberie Professor of Economics, Stanford University Dr Khor Hoe Ee, Assistant Managing Director, Economics Department, Monetary Authority of Singapore Prof Barry Eichengreen, George C. Pardee and Helen N.
- Shangri-La Hotel, Tower Ballroom PROGRAMME -- Morning -- 9.00 am Registration 9.20 am Guests to be seated 9.30 am Welcome Remarks by Dr Leslie Teo, Lead Economist, Economics Department, Monetary Authority of Singapore 9.40 am Keynote Address by Mr Lee Hsien Loong, Deputy Prime Minister and Chairman
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 27 January 2022 … The Monetary Authority of Singapore (MAS) has obtained a default judgment against Mr Liao Chun-Te (Mr Liao) to pay a civil penalty of $164,750 for insider trading.
- Under section 232(1) of the SFA, whenever it appears that any person has contravened any provision in Part XII of the SFA, MAS may, with the consent of the Public Prosecutor, bring an action in a court against him to seek a civil penalty order.
- As Mr Liao failed to enter an appearance in Court, MAS obtained a default judgment against him on 26 October 2021. **** Additional information (A) The civil penalty regime A civil penalty action is not a criminal action and does not attract criminal sanctions.
- MAS
- Parliamentary Replies
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- Answer by Mr Lawrence Wong, Deputy Chairman of MAS and Minister for Finance, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1 Last year, MAS engaged the major retail banks For reference, the banks participating in the pilot are DBS, OCBC, UOB, Maybank, Standard
- I understand MAS has been working with the larger retail banks to enhance financial inclusion by opening limited-purpose bank accounts for individuals whom the banks assess pose a higher risk of being implicated in financial crimes. What will be the functions of these limited-purpose bank accounts?
- For example, individuals who have committed serious crimes involving the violation of targeted financial sanctions. 4 MAS will continue to work with the Singapore Police Force on further ways to enable financial inclusion for individuals who have been involved in financial crimes, while ensuring that
- MAS
- Media Releases
Last revised date:
- They are intended to update MAS' existing unsecured credit rules given the developments in the financial industry, especially in the area of risk management, and to introduce appropriate unsecured credit rules into the moneylenders regime.
- by MAS to abide by a set of unsecured credit rules Financial institutions granting unsecured credit facilities or issuing credit cards to individuals are currently required to ensure that these individuals have a minimum annual income of at least $30,000.
- Singapore, 7 August 2006...MAS and the Ministry of Law have jointly released a consultation paper entitled: 'Joint Public Consultation Paper on Unsecured Credit Rules'. 2 Currently, financial institutions granting unsecured credit facilities or issuing unsecured credit cards to individuals are required
- MAS
- Media Releases
Last revised date:
- (i) Dendrobium Singa Mas – “Singa” is Sanskrit for “Lion” and “Mas” is Malay for “gold”, so this hybrid with its clear yellow colour aptly translates as “Golden Lion”. It is one of the most beautiful hybrids created by the Singapore Botanic Gardens.
- Singapore, 31 May 2007...The Monetary Authority of Singapore (MAS) today launched the 2007 Heritage Orchids of Singapore Coin Set. This is the second set of coins issued in tribute to one of Singapore’s national treasures. 2 Orchids are a significant feature of Singapore’s heritage.
- Coin Design 4 The 2007 Heritage Orchids of Singapore Coin Set consists of two coins featuring Dendrobium Singa Mas and Vanda Mimi Palmer.