Showing 4566 Documents for "economic issues"
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- MAS
- Parliamentary Replies
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- Issues Raised in Parliament Reply to PQ on roles of finance companies after bank mergers Date : For Parliamentary Sitting on 25 Jul 2001 Question : To ask the Deputy Prime Minister whether he will allow finance companies to assume a wider role if the result of bank mergers limits the access of the small and medium-sized enterprises to financial services. Answer: 1. Finance companies are already active lenders to SMEs. For the larger finance companies, a significant portion of their total loans are
- PDPC
- Public Consultations
Last revised date:
- October 2020 The MCI and PDPC has issued a closing note to the public consultation. Closing Note to the Public Consultation on the Draft Personal Data Protection (Amendment) Bill June 2020 The public consultation on t he draft Personal Data Protection (Amendment) Bill has closed on 28 May 2020. Responses received as at closing date on 28 May 2020 May 2020 This public consultation paper seeks views on the draft Personal Data Protection (Amendment) Bill, including related amendments to the Spam Control
- MAS
- FATF Statement
Last revised date:
- On 28 February 2011, the Financial Action Task Force (FATF), of which Singapore is a member, issued an updated statement that highlighted the strategic deficiencies in the anti-money laundering/combating the financing of terrorism (AML/CFT) regimes of Iran and the Democratic People’s Republic of Korea (DPRK). The text of the FATF statement can be found at: http://www.fatf-gafi.org/document/11/0,3746,en_32250379_32236992_47221771_1_1_1_1,00.html Financial institutions are advised to accord due consideration
- MAS
- Circulars
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- Informs insurers that MAS has issued its response to feedback on the consultation paper on review of MAS 105 on appointment of custodians and fund managers. Circular No. ID 09/18 28 August 2018 To Chief Executives All Insurers Dear Sir/Madam CONSULTATION ON REVIEW OF MAS 105 ON INSURERS APPOINTMENT OF CUSTODIANS AND FUND MANAGERS - RESPONSE TO FEEDBACK On 9 November 2016, the Monetary Authority of Singapore (MAS) issued a consultation paper to
- MAS
- FATF Statement
Last revised date:
- On 22 October 2010, the Financial Action Task Force (FATF), of which Singapore is a member, issued an updated statement that highlighted the strategic deficiencies in the anti-money laundering/combating the financing of terrorism (AML/CFT) regimes of Iran and the Democratic People’s Republic of Korea (DPRK). The text of the FATF statement can be found at: http://www.fatf-gafi.org/topics/high-riskandnon-cooperativejurisdictions/documents/fatfpublicstatement-22october2010.html Financial institutions
- MAS
- FATF Statement
Last revised date:
- On 18 February 2010, the Financial Action Task Force (FATF), of which Singapore is a member, issued a statement highlighting the serious deficiencies in the anti-money laundering/combating the financing of terrorism (AML/CFT) regimes of the following jurisdictions: Iran Angola Ethiopia Ecuador DPRK Turkmenistan Pakistan Sao Tome & Principe The text of the FATF statement may be found at: http://www.fatf-gafi.org/dataoecd/34/29/44636171.pdf Financial institutions are advised to give due consideration
- MAS
- FATF Statement
Last revised date:
- On 25 June 2010, the Financial Action Task Force (FATF), of which Singapore is a member, issued an updated statement highlighting the serious deficiencies in the anti-money laundering/combating the financing of terrorism (AML/CFT) regimes of the following jurisdictions: Iran Democratic People's Republic of Korea Sao Tome & Principe The text of the FATF statement may be found at: http://www.fatf-gafi.org/dataoecd/17/5/45540828.pdf Financial institutions are advised to give due consideration to the
- MAS
- Letters to Editor
Last revised date:
- Dear Editor I refer to "No takers for Brunei $10" (15 Oct, ST Forum). 2 Under the Currency Interchangeability Agreement between Brunei and Singapore, Brunei currency is acceptable at par with Singapore dollar. Accordingly, all banks in Singapore are obliged to accept Brunei notes for deposit at par. Retailers should have no issue depositing Brunei notes with banks in Singapore. 3 MAS works with the Singapore Tourism Board, the Singapore Retailers Association and the Singapore Hotel Association
- MAS
- Media Releases
Last revised date:
- Comments by MAS Spokesperson on Structured Products Linked to Lehman Brothers "MAS is in close contact with the financial institutions (FIs) that sold or issued structured products which are linked to Lehman Brothers, and has asked them to expedite their assessments of how investors will be affected. HSBC Institutional Trust Services (Singapore) Ltd, trustee for the Lehman Minibond programme has sent letters to affected investors today, detailing the actions that they will take as trustee and the
- MAS
- Letters to Editor
Last revised date:
- Dear Editor, In "Singapore Bank Laws Threaten EU Pact" (FT, 2 Oct), Mr John Burton said it was suspected that Myanmar's leaders were 'hiding large sums in Singapore' and using it as a 'financial haven'. This is completely baseless. It is also unrelated to the issue that the EU has sought to discuss with Singapore, which relates to withholding tax on customer savings. The EU has had to negotiate this not just with Singapore, but also other jurisdictions. It is therefore disingenuous to link