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- MAS
- Media Releases
Last revised date:
- Singapore, 1 February 2006...The Monetary Authority of Singapore (MAS) has taken a total of 32 formal regulatory and enforcement actions in 2005 for market conduct breaches. These are cases where MAS has exercised formal regulatory powers. The number includes actions taken in relation to DC William Insurance Brokers Pte Ltd, China Aviation Oil Holding Company and Mr. Yang Yomin, announced separately during 2005. 2 A breakdown of the regulatory and enforcement actions taken by MAS in 2005 is in
- MAS
- Media Releases
Last revised date:
- Singapore, 28 November 2003... The Monetary Authority of Singapore (MAS) today released a consultation paper on the proposed risk-based capital framework for insurance business and invites public comments. 2 Insurance companies are facing greater challenges in their businesses, particularly in terms of volatility of assets and diversity of insurance risks, as well as keener competition from other financial institutions. While the existing statutory solvency framework has served its purpose well
- MAS
- Parliamentary Replies
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- QUESTION NO 40 NOTICE PAPER 5 OF 2016 FOR WRITTEN ANSWER Date: For Parliament Sitting on 1 March 2016 Name and Constituency of Member of Parliament Dr Tan Wu Meng, MP, Jurong GRC Question: To ask the Prime Minister what are the measures taken by MAS to ensure that retail banks have adequate provisions of automated teller machines (ATM) in HDB precincts so that residents need not walk significant distances to find an ATM. Answer by Mr Lawrence Wong, Minister for National Development on behalf of Mr
- MAS
- Media Releases
Last revised date:
- Singapore, 23 February 2023… The Monetary Authority of Singapore (MAS) today issued a Notice imposing mandatory baseline standards of due diligence and conduct requirements for corporate finance (CF) advisers CF advisers refer to holders of a capital markets services (CMS) licence and banks, merchant banks and finance companies exempt from holding a CMS licence to undertake the regulated activity of advising on corporate finance. . These requirements raise the standards of conduct of CF advisers
- MAS
- Consultations
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- This consultation paper seeks feedback on our proposals to enhance safeguards for proper conduct of prospecting activities at public places and telemarketing, and address conduct risks and issues associated with these activities. Consultation Paper VIEW DOCUMENT Consultation Paper on Enhancing Safeguards for Proper Conduct of Prospecting Activities at Public Places and Telemarketing (972.3 KB) This consultation paper seeks feedback on our proposals to enhance safeguards for proper conduct of prospecting
- MAS
- Media Releases
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- 01 Mar 1999... MAS announced today that it has successfully carried out Year 2000 tests for its two nation-wide networks for the financial industry, the MAS Electronic Payment System (MEPS) and MASNET. The objectives of the industry-wide tests were to ensure the two systems could interpret and correctly handle dates associated with the Year 2000 and also to recognise the Year 2000 as a leap year. MEPS is a real-time gross settlement system to facilitate Singapore dollar interbank funds transfers
- MAS
- Media Releases
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- Singapore, 11 July 2017… The Bank of Thailand (BOT) and the Monetary Authority of Singapore (MAS) today signed a FinTech Cooperation Agreement (CA) and updated an existing Memorandum of Understanding (MOU) on Banking Supervision. The two documents were signed at the side of the biennial BOT-MAS Bilateral Meeting. This year’s Bilateral Meeting was hosted by MAS. 2 The FinTech CA aims to help develop a richer financial ecosystem in Thailand and Singapore as well as in ASEAN. The CA enables the
- MAS
- Media Releases
Last revised date:
- Singapore, 16 October 2003...The Monetary Authority of Singapore (MAS) today issued a consultation paper on its proposal to implement authorisation and approval frameworks for the cross-border supply of certain types of insurance services to Singapore. The paper consists of two parts: MAS' responses to feedback received in relation to the authorisation framework during the consultation conducted in May 2003 on the Draft Insurance (Amendment) Bill 2003 and proposed regulations on the authorisation
- MAS
- Speeches
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- Speech By Deputy Prime Minister Lee Hsien Loong, at The Investment Management Association of Singapore Seminar Date: 26 Feb 1998 INTRODUCTION 1 I am happy to address this seminar jointly hosted by the Investment Management Association of Singa-pore and the Stock Exchange of Singapore. This is the first major public event organised by IMAS. It takes place at a significant moment, both externally and domestically. The region is facing its most serious economic crisis since the 1960s. In Singa-pore
- PDPC
- Commission's Decisions
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- PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC [7] Case No DP-1705-B0766 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Aventis School of Management Pte. Ltd. … Organisation DECISION -------- Aventis School of Management Pte. Ltd. [2018] SGPDPC [7] Tan Kiat How, Commissioner — Case No DP-1705-B0766 30 April 2018 Background 1 The present matter concerns an individual (the “Complainant”) who had signed