Showing 4746 Documents for "recognised market operator"
Filter by
Sort by
- MAS
- Media Releases
Last revised date:
- Singapore, 22 September 2015… Two women and one man, aged between 48 to 59, will be charged in Court for their suspected involvement in carrying on remittance businesses without a valid remittance licence issued by the Monetary Authority of Singapore (MAS). They are suspected of operating unlicensed remittance businesses by transferring money from customers to overseas recipients for a fee. All three suspects have been summoned to attend Court on 23 September 2015, 10 am at Court 23. Each of them
- MAS
- Parliamentary Replies
Last revised date:
Written reply to Parliamentary Question on due diligence by banks to prevent mule accounts for scams- Date: For Parliament Sitting on 23 February 2023 Name and Constituency of Member of Parliament Mr Christopher de Souza, MP, Holland-Bukit Timah GRC Question To ask the Prime Minister how does MAS ensure that banks do their due diligence and investigate and interview new clients who wish to open accounts so as to prevent mule accounts for scams. Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1. MAS requires all banks operating in Singapore to put in place robust
- MAS
- Guidelines
Last revised date:
- Guidelines for financial institutions on safeguarding the integrity of Singapore's financial system, including the filing of Suspicious Transaction Reports. These guidelines apply to all financial institutions (FIs) in Singapore. They reiterate Singapore's commitment to safeguarding the integrity of its financial system. FIs should guard against the use of their operations to facilitate any illegitimate activity. If they have reason to suspect that any asset transfers into Singapore are illegitimate
- MAS
- Media Releases
Last revised date:
- Joint Press Release Ministry of Finance of Japan, The Bank of Japan and The Monetary Authority of Singapore Signing of the second Bilateral Swap Arrangement between Japan and Singapore under the Chiang Mai Initiative - Second Stage November 9, 2005...The Bank of Japan, acting as the agent for the Minister of Finance of Japan, and the Monetary Authority of Singapore (MAS), on November 8, signed a second bilateral swap arrangement (BSA) under the Chiang Mai Initiative (CMI) - Second Stage. The agreement
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 84 NOTICE PAPER 61 OF 2020 FOR WRITTEN ANSWER Date: For Parliament Sitting on 5 October 2020 Name and Constituency of Member of Parliament Mr Ang Wei Neng, MP, West Coast GRC Question: To ask the Prime Minister (a) in the past three years, how many high net worth individuals have set up or have been given approval to set up family offices in Singapore; (b) what is the total quantum of assets that have been attracted to Singapore through these high net worth individuals; and (c) how many
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 445 NOTICE PAPER 69 OF 2013 FOR WRITTEN ANSWER Date: For Parliament Sitting on 25 February 2013 Name and Constituency of Member of Parliament Mr Zainal Sapari, MP for Pasir Ris-Punggol GRC Question: To ask the Prime Minister whether a directive can be issued to commercial banks to allow parents of children with severe disabilities to open a savings account without requiring their parents to engage a lawyer to produce a court order. Answer by Mr Tharman Shanmugaratnam, Deputy Prime Minister
- PDPC
- Commission's Decisions
Last revised date:
- PERSONAL DATA PROTECTION COMMISSION Case No. DP-1904-B3652 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Barnacles Pte. Ltd. SUMMARY OF THE DECISION 1. Barnacles Pte Ltd (the “Organisation”) operates a website which enables its customers to make reservations to dine at its restaurant. For this purpose, it collected certain personal data from its customers such as their name, contact number, email
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 19 August 2022… Mr Pan Qi was charged today for offences involving fraud and deceit under the Securities and Futures Act (SFA) 1 . 2 The investigation was jointly conducted by the Monetary Authority of Singapore and the Commercial Affairs Department of the Singapore Police Force. Mr Pan faces two charges under section 201(b) of the SFA, for engaging in a course of business which operated as a fraud on his ex-employer, Nech Capital Private Limited, a fund management company. He
- MAS
- Circulars
Last revised date:
- Requests insurers to provide MAS with a copy of their Internal Audit and/or Compliance work plans and reports. Circular No. ID 17/06 10 July 2006 To Principal Officers All Direct Insurers and Reinsurers Dear Sir/Madam INTERNAL AUDIT/COMPLIANCE FUNCTION AND HEAD OFFICE OVERSIGHT Under MAS supervisory framework for all classes of institutions regulated by MAS, the assessment of an institution is built upon a strong understanding of the institution
- MAS
- Media Releases
Last revised date:
- Singapore, 9 February 2020… Following the raising of the Disease Outbreak Response System Condition (DORSCON) Alert Level from Yellow to Orange, the Monetary Authority of Singapore (MAS) issued an advisory on 7 February 2020 for financial institutions in Singapore to adopt additional measures and precautions. This is the third advisory to financial institutions since January 2020. 2 MAS’ advisory of 7 February 2020 called on financial institutions to adopt the additional recommended measures by