Showing 4746 Documents for "recognised market operator"
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- MAS
- Speeches
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- 1 Minister for National Development, Mr Lawrence Wong, today moved the Banking (Amendment) Bill 2016 (the “Bill”) for First Reading in Parliament. 2 The Monetary Authority of Singapore (MAS) is introducing legislative amendments to enhance prudential safeguards, corporate governance and risk management controls in the banking industry. These amendments strengthen and align MAS’ regulatory and supervisory framework with international best practice. Amendments are also being made to formalise MAS
- MAS
- Media Releases
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- Singapore, 8 September 2003...The Singapore Dollar (SGD) will begin live settlement on 11 September 2003 as an eligible currency of CLS Bank International (CLS Bank), a key international foreign exchange (FX) settlement system designed to reduce FX settlement risk. 2 CLS Bank eliminates FX settlement risk through the world's first simultaneous global multi-currency settlement system. Since its launch a year ago this week, CLS Bank has settled a total of over 14 million payment instructions with
- MAS
- Media Releases
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- Singapore, 18 March 2010...The Monetary Authority of Singapore (MAS) has issued a consultation paper that sets out proposed enhancements to the MAS Corporate Governance (CG) Framework which comprises the Regulations [1] and Guidelines [2] for locally-incorporated banks, financial holding companies and direct insurers. 2 Since the implementation of MAS CG Framework in 2007, there has been increased emphasis on effective corporate governance internationally. The recent financial crisis
- PDPC
- Public Consultations
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- 18 December 2017 Public feedback on the revised advisory guidelines relating to NRIC numbers: Submission by Singapore Management University Background: Following the announcement of the public consultation on the revised guidelines relating to NRIC numbers, Singapore Management University’s (“SMU”) Office of Legal & General Affairs which is currently the Data Protection Officer of SMU posed the questions set-out below to some key offices within SMU. These offices are the Registrar’s
- MAS
- Media Releases
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- Singapore, 21 June 2022…The Monetary Authority of Singapore (MAS) announced today the first use case of NovA! to help financial institutions (FIs) assess the sustainability performance of Singapore’s real estate sector. Real estate has been identified as one of the priority industries with a large share of economic activity in ASEAN and accounts for a significant amount of GHG emissions. Based on the 2020 Global Status Report for Buildings and Construction, building construction and operations account
- MAS
- Parliamentary Replies
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- QUESTION NO 1912 NOTICE PAPER 1206 OF 2022 FOR WRITTEN ANSWER Date: For Parliament Sitting on 5 July 2022 Name and Constituency of Member of Parliament Dr Tan Wu Meng, MP, Jurong GRC Question: To ask the Prime Minister (a) how many banks regulated by MAS have recently experienced interruption of digital banking services and for how long; (b) how many customers are affected; (c) whether MAS has assessed the dependencies of financial institutions on third-party cloud computing networks, including the
- MAS
- Media Releases
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- Singapore, 30 April 2021… The Monetary Authority of Singapore (MAS) announced today a new Regulatory Technology (RegTech) grant scheme and an enhancement of the Digital Acceleration Grant (DAG) scheme to accelerate technology adoption in the financial sector. MAS will commit $42 million for the RegTech grant scheme and enhanced DAG scheme. These grants are part of the S$250 million committed under the enhanced Financial Sector Technology and Innovation Scheme (FSTI 2.0) in August 2020. RegTech Grant
- MAS
- Parliamentary Replies
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- QUESTION NO 3454 NOTICE PAPER 1393 OF 2022 FOR WRITTEN ANSWER Date: For Parliament Sitting on 03 October 2022 Name and Constituency of Member of Parliament Mr Leong Mun Wai, NCMP Question: To ask the Prime Minister under the Financial Services Industry Transformation Map 2025, involving $400 million in grant funding to the Talent and Leaders in Finance programme over 2021 to 2025 (a) who are the beneficiaries under this programme; (b) what are the targeted competencies which will be built under the
- MAS
- Media Releases
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- Singapore, 26 October 2022… The Monetary Authority of Singapore (MAS) today published two consultation papers proposing regulatory measures to reduce the risk of consumer harm from cryptocurrency trading and to support the development of stablecoins as a credible medium of exchange in the digital asset ecosystem. These measures will be part of the Payment Services Act. 2. Trading in cryptocurrencies (also known as digital payment tokens or DPTs) is highly risky and not suitable for the general public
- MAS
- Media Releases
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- Singapore, 31 March 2020 …. The Accounting and Corporate Regulatory Authority (ACRA), the Monetary Authority of Singapore (MAS) and Singapore Exchange Regulation (SGX RegCo) have updated the guidance for issuers on safe distancing measures when conducting general meetings. 2. SGX RegCo had previously announced that issuers are able to defer AGMs to after 30 April 2020. This updated guidance allows issuers that choose to proceed with general meetings before 30 April 2020, to be able to do so by