Showing 5563 Documents for "MAS"
Filter by
Sort by
- MAS
- Letters to Editor
Last revised date:
- Mr Ong suggested that the Monetary Authority of Singapore (MAS) should not set a 75-year old age limit on borrowers. MAS has not set any age limit on borrowers.
- Bey Mui Leng (Ms) Director (Corporate Communications) Monetary Authority of Singapore
- MAS
- Letters to Editor
Last revised date:
- Angelina Fernandez Director, Communications MAS
- MAS is also restricting the use of "capital protected", "principal protected" and any other derivatives of these terms for new investment products being offered to retail investors.
- While proceeding to effect our proposals in legislation, MAS is actively encouraging financial institutions to put in place the proposed safeguards as a matter of good practice when conducting business with retail customers.
- MAS
- Media Releases
Last revised date:
- Singapore, 12 January 2016… The Monetary Authority of Singapore (MAS) and the Economic Society of Singapore (ESS) today launched the 14th MAS-ESS Essay Competition.
- The following prizes will be awarded for the three best essays: First Prize: $3,000 Second Prize: $2,000 Third Prize: $1,000 4 The terms and conditions as well as entry forms for the MAS-ESS Economic Essay Competition are available on the ESS website ( http://www.ess.org.sg ).
- MAS
- Media Releases
Last revised date:
- Singapore, 16 January 2014… The Monetary Authority of Singapore (MAS) and the Economic Society of Singapore (ESS) today launched the 12th MAS-ESS Essay Competition. The theme for this year’s competition is “ Why is it difficult to boost productivity in Singapore?
- The following prizes will be awarded for the three best essays: First Prize $3,000 Second Prize $2,000 Third Prize $1,000 4 The terms and conditions as well as entry forms for the MAS-ESS Economic Essay Competition are available on the ESS website ( http://www.ess.org.sg ).
- MAS
- Media Releases
Last revised date:
- Singapore, 13 May 2008...The Monetary Authority of Singapore (MAS) announced today that it will develop a facility to make available sovereign-rated sukuks to promote the further growth of Islamic finance and to meet the needs of financial institutions conducting Shariah-compliant activities in Singapore
- . 2 Speaking at the 5th Islamic Financial Services Board Annual Summit held on 13 May 2008 in Jordan, Heng Swee Keat, Managing Director, MAS said “Our facility is likely to be different from traditional issuances in two respects.
- The design of our sukuk issuance facility reflects our effort to harness the price discovery potential of existing liquid instruments, while adhering carefully to Shariah principles.” 3 MAS will announce further details of the scheme in due course. ***
- MAS
- Parliamentary Replies
Last revised date:
- External auditors check whether these requirements are met, and MAS will take action on any non-compliance. ***
- In their statutory submissions to MAS, insurers are required to classify TPA-related expenses directly related to claims paid, such as claims administration expenses incurred for each processed claim, as part of gross claims settled.
- Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1. Some insurers offering health insurance appoint third party administrators (“TPAs”) to undertake a variety of claims administration services on their behalf. 2.
- MAS
- Circulars
Last revised date:
- /2017/FAQs-on-Spreading-and-Capping-of-Commission- Rules.aspx 3 MAS.
- Contains the link to FAQs providing guidance on MAS' policy and administration of the Spreading and Capping of Commission rules. Circular No.
- If you have queries on this matter, please contact your companys liaison officer in 2 The set of FAQs is available on the MAS website at the following link: http://www.mas.gov.sg/Regulations-and-Financial-Stability/Regulations-Guidance-and- Licensing/Financial-Advisers/FAQs
- MAS
- Media Releases
Last revised date:
- Singapore, 25 April 2019… The Monetary Authority of Singapore (MAS) has updated the E-Payments User Protection Guidelines (“Guidelines”) to clarify that the Guidelines do not override customers’ instructions to their financial institutions on transaction notification thresholds for e-payments. 2
- In such cases, MAS expects financial institutions to inform their customers of these liability implications. 4 For more information about the Guidelines, please refer to this link .
- The Guidelines did not address situations where a customer chooses to receive fewer notifications of transactions that are above specified thresholds and of certain payment types. 3 In response to customer feedback, MAS has updated the Guidelines to clarify that customers can continue to set their
- MAS
- Consultations
Last revised date:
- This system would be subject to audit by MAS examiners. 3.
- EXECUTIVE SUMMARY The Committee on Efficient Distribution of Life Insurance (CEDLI) comprising senior practitioners from the life insurance industry was appointed by the Monetary Authority of Singapore (MAS) to propose recommendations to promote transparency, competitiveness and efficiency
- Serving in their personal capacities, the members of CEDLI were appointed by the Monetary Authority of Singapore (MAS) to propose recommendations for the reform of the life insurance industry so that best international standards and practices would be achieved in the conduct
- MAS
- Speeches
Last revised date:
- Welcome to Singapore once again for this year’s Symposium on Asian Banking and Finance, jointly organised by the Federal Reserve Bank of San Francisco and the Monetary Authority of Singapore.
- Let me say what a delight it has been for us at the MAS working with John and his colleagues at the San Francisco Fed, putting together this event. • 2017 marks the tenth anniversary of the Symposium.
- See also E Remolona and I Shim (2015), “The rise of regional banking in Asian and the Pacific”, BIS Quarterly Review, September 2015. 3 MAS (2016), “What Drives Bank Profitability in Asia?”