Showing 4566 Documents for "economic issues"

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    • MAS
    • Media Releases

    Last revised date:

    •  MAS allows fund managers more than 5% stake in SGX, subject to 10% cap New prospectus registration regime proposed MAS clarifies SGX's regulatory role Singapore, 16 Feb 2001. The Monetary Authority of Singapore (MAS) announced today that it will allow fund managers to hold shares in the Singapore Exchange (SGX) beyond the current 5% limit, but up to a cap of 10% and subject to the approval of MAS. MAS also proposed a new prospectus registration regime, as it will be taking over from the Registry
    • MAS
    • Media Releases

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    •  Serial System Ltd ("Serial System" or the "Company") 1   On 26 Feb 2001 Avnet Inc. ("Avnet"), a substantial shareholder of Serial System, sold 11,752,184 Serial System shares (3.92% of the Company's issued capital) at $0.67 each in an off-market deal. On 28 Feb 2001, in response to media queries, Eddie Chng Weng Wah ("Chng"), who is also a substantial shareholder of the Company, said he had recommended buyers to Avnet for the sale of its stake in Serial System. 2   On 2 Mar 2001, the SIC received
    • MAS
    • Speeches

    Last revised date:

    •   Date: 23 Jul 2002 Mr. Speaker, Sir, I beg to move, "That the Bill be now read a second time". 2   Sir, the Bills of Exchange Act provides the legal framework of bills of exchange, cheques and promissory notes.  It was last amended in April 1998. 3   This Bill seeks to amend the Act for the purpose of establishing a Cheque Truncation System, or CTS in short. 4   Sir, I shall begin by giving an overview and benefits of CTS. Overview of Cheque Truncation System (CTS) 5   Singaporeans have written
    • MAS
    • Speeches

    Last revised date:

    •  Mr Speaker, Sir, I beg to move, 'That the Bill be now read a second time'. 2   Sir, in January this year, the government announced its plans to merge the Board of Commissioners of Currency, Singapore (?BCCS?) with the Monetary Authority of Singapore (?MAS?).  The merged entity would still be called MAS.  This is an organisational change to streamline our institutional structure.  There will be no change in the way currency is managed.  The Singapore dollar notes and coins that are currently in
    • PDPC
    • Commission's Decisions

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    • PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC 20 Case No DP-1805-B2096 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Dimsum Property Pte. Ltd. … Organisation DECISION -------- Dimsum Property Pte. Ltd. [2018] SGPDPC 20 Yeong Zee Kin, Deputy Commissioner — Case No DP-1805-B2096 21 August 2018 Background 1 The complaint concerns the failure to protect the personal data of individuals
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 20 November 2015…The Monetary Authority of Singapore (MAS) today launched the 2016 Year of the Monkey Almanac Coins, 2016 Uncirculated Coin Set and the Third Almanac Series Puzzle Coin Set. These coins/coin sets will be issued on 1 January 2016. 2016 Year of the Monkey Coins 2   The coins are part of the third Chinese Almanac coin series. The monkey illustrated on the coin has a playful and curious disposition.  The peony, a traditional Chinese symbol of blessings and festive cheer, is
    • MAS
    • Enforcement Actions Media Releases

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    • Singapore, 24 August 2022… The Monetary Authority of Singapore (MAS), Accounting and Corporate Regulatory Authority (ACRA), and Commercial Affairs Department (CAD) of the Singapore Police Force (SPF) have concluded their joint investigations into Noble Group Limited (NGL) and Noble Resources International Pte Ltd (NRI), which was NGL’s wholly owned subsidiary in Singapore at the material time. The following actions have been taken: MAS has imposed a civil penalty of $12.6 million on NGL for publishing
    • MAS
    • Exemptions

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    • View exemptions issued under section 337(2) of the Securities and Futures Act for the period from 1 July 2015 to 30 September 2015. Issue Date: 18 December 2015 EXEMPTIONS ISSUED PURSUANT TO SECTION 337(2) OF THE SECURITIES AND FUTURES ACT (CAP. 289) (SFA) For the period from 1 July 2015 to 30 September 2015 S/N Exemption granted Exemption provision No. of exemptions provided 1 Date of exemption granted 7 July 2015 Description Section 302 (read with section 247(1))
    • PDPC
    • Commission's Decisions

    Last revised date:

    • DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1409-A145 FEI FAH MEDICAL MANUFACTURING PTE. LTD. (UEN No. 199800455H) …Respondent Decision Citation: [2016] SGPDPC 3 GROUNDS OF DECISION 20 April 2016 Background 1. Fei Fah Medical Manufacturing Pte. Ltd. (UEN 199800455H) (“Fei Fah Medical”) is a locally registered company specialising in the development and manufacture of healthcare and beauty products. The Ripple Website
    • MAS
    • Speeches

    Last revised date:

    • 1.    Distinguished guests, ladies and gentlemen, good morning. First off, let me thank you for inviting me to join you at the third Singapore Trustees Association Conference. This Conference brings together industry professionals to discuss trends and challenges facing the trust industry, and how Singapore can stay ahead in this competitive environment. 2.    It is believed that the origin of trusts dates back to the 13th century. As crusading English knights sought to protect and preserve their