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    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 27 July 2011… The China Banking Regulatory Commission (CBRC) and the Monetary Authority of Singapore (MAS) today signed a Supplemental to our existing Memorandum of Understanding (MoU) to include cooperation on crisis management.
    • Cooperation (JCBC) meeting between China and Singapore held in Singapore. 3   The MoU between CBRC and MAS was signed in May 2004.
    • Following the recent global financial crisis, there is recognition of the need for greater international cooperation to manage crises. 2   The Supplemental to MoU was signed by Mr Zhou Mubing, Vice Chairman, CBRC and Ms Teo Swee Lian, Deputy Managing Director, MAS at the 8th Joint Council for Bilateral
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 18 July 2022...The Monetary Authority of Singapore (MAS) today updated that the draft framework for equitable sharing of losses affecting scam victims will be published for public consultation in the coming months. 2   MAS had announced in February 2022 that it was working with the industry
    • The process of developing the framework is, however, taking longer than expected in view of the complexity of the issues and the importance of ensuring that the loss sharing and accountability approach incentivises all key parties in the ecosystem to be vigilant against scams. 3   MAS is keenly aware
    • MAS
    • Sustainability Report

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    • MAS' Sustainability Report 2022/2023 - Highlights Download MAS' Sustainability Report 2022/2023 - Highlights At the Annual Report and Sustainability Report media conference on 5 July 2023, MAS Managing Director Mr Ravi Menon spoke on key focus areas, including MAS’ financial results and operations, monetary
    • MAS
    • Media Releases

    Last revised date:

    • MAS and SGX will continue to monitor the situation closely."
    •  Comments by MAS Spokesperson on Lehman Brothers: "To ensure that Lehman Brothers Pte Ltd and Lehman Brothers Singapore Pte Ltd continue to meet their financial requirements, MAS has issued a direction to the Lehman entities in Singapore to seek MAS' approval before paying out any of their own funds
    • MAS
    • Economic Essays

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    • Monetary Authority of Singapore Economic Policy Group
    • The views in this Special Feature are solely those of the author and should not be attributed to MAS.
    • Monetary Authority of Singapore Economic Policy Group -------- Special Features 95 Conceptual Foundations We first describe how we define our measure of input-output relationships.
    • MAS
    • Enforcement Actions

    Last revised date:

    • Their convictions were a result of a joint investigation conducted by the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department of the Singapore Police Force.
    • (Mr Chai), are ongoing. 5     Ms Loo Siew Yee, Assistant Managing Director (Policy, Payments & Financial Crime), MAS, said, “The convictions of these two individuals show MAS’ resolve to pursue individuals who engage in fraudulent conduct in our capital markets. 
    • The case was referred to MAS by Singapore Exchange Derivatives Trading Limited (SGX-DT). 2     Mr Jimmy Ng was charged under section 210(a) of the Securities and Futures Act (SFA) for employing a scheme to defraud others in the trading of futures contracts and under section 330(1)(a) of the SFA for furnishing
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 2 November 2022… The Ministry of Finance (MOF) and the Monetary Authority of Singapore (MAS) today launched eGuarantee@Gov, a simple and secure digital process for businesses and individuals to provide a banker’s guarantee or insurance bond (collectively, “guarantee”) to government agencies
    • Monetary Authority of Singapore 8. Ministry of Finance 9. Ministry of Home Affairs 10. Ministry of Manpower 11. National Environment Agency 12. National Parks Board 13. Parliament of Singapore 14. Public Utilities Board 15. Singapore Customs 16. Singapore Land Authority 17.
    • ABS is proud to contribute to the successful launch of eGuarantee@Gov together with the Ministry of Finance, the Monetary Authority of Singapore, and other government agencies.” For more information on the initiative, please visit www.eguarantee.gov.sg . *** Annex Participating Agencies 1.
    • MAS
    • Enforcement Actions Media Releases

    Last revised date:

    • Joint Statement by Attorney-General's Chambers (AGC) Singapore Police Force (SPF) Monetary Authority of Singapore (MAS) Singapore, 28 December 2022...
    • Assistant Managing Director, Policy Payments and Financial Crime, Monetary Authority of Singapore (MAS), Ms Loo Siew Yee, said, “The elaborate scheme master-minded by the offenders to manipulate shares listed on SGX led to large losses by investors and harmed public confidence in the integrity of Singapore
    • MAS will continue to work in partnership with AGC, CAD and the industry to effectively detect, deter and prosecute bad actors, with the objective of ensuring that our capital markets remain fair, orderly and transparent.” ***
    • MAS
    • Media Releases

    Last revised date:

    • Their convictions were a result of a joint investigation conducted by the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department of the Singapore Police Force.
    • (Mr Chai), are ongoing. 5     Ms Loo Siew Yee, Assistant Managing Director (Policy, Payments & Financial Crime), MAS, said, “The convictions of these two individuals show MAS’ resolve to pursue individuals who engage in fraudulent conduct in our capital markets. 
    • The case was referred to MAS by Singapore Exchange Derivatives Trading Limited (SGX-DT). 2     Mr Jimmy Ng was charged under section 210(a) of the Securities and Futures Act (SFA) for employing a scheme to defraud others in the trading of futures contracts and under section 330(1)(a) of the SFA for furnishing
    • MAS
    • Media Releases

    Last revised date:

    • MAS expresses its gratitude to Mr Lee for his long and distinguished service to the MAS. ***
    • Mr Lee was first appointed as a director to the MAS Board in Apr 1986. He served as the Managing Director from Nov 1989 to Dec 1997, and was the Deputy Chairman from Jan 1998 to Dec 2000.
    • Mr Lee Ek Tieng will retire as Deputy Chairman MAS on completion of his term of office on 31 Dec 2000. Mr Lim Hng Kiang, Minister for Health and 2nd Minister for Finance, will be appointed Deputy Chairman in his place, with effect from 1 Jan 2001.