Showing 4566 Documents for "economic issues"
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- MAS
- Media Releases
Last revised date:
- Singapore, 17 December 2018... The Monetary Authority of Singapore (MAS) announced today that investors will be able to invest in Singapore Savings Bonds (SSB) using their Supplementary Retirement Scheme (SRS) The Supplementary Retirement Scheme is a voluntary scheme to encourage individuals to save for retirement, over and above their CPF savings. Contributions to SRS are eligible for tax relief. For more information on SRS, please refer to the Ministry of Finance’s website. funds starting from
- MAS
- Consultations
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- Consultation Paper VIEW DOCUMENT Consultation Paper on Group Insurance Policies (74.5 KB) CONSULTATION PAPER P012 - 2010 August 2010 Group Insurance Policies -------- Consultation Paper on Group Insurance Policies August 2010 PREFACE 1 2 3 4 A group policy is generally understood as one in respect of which a single legal entity is named in the policy contract as the policy owner on behalf of the group members, who are named as
- MAS
- Notices
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- Requirements for banks on minimum cash balance (MCB). This notice applies to all banks. It sets out the minimum cash balance (MCB) requirements that a bank has to comply with. Amendment Notes 24 Jun 2022 MAS Notice 758 (Amendment) 2022 (134.2 KB) takes effect. 06 Mar 2014 MAS Notice 758 (Amendment) 2014 takes effect. 31 Jul 2008 MAS Notice 758 dated 13 February 2008 takes effect. Appendix 1: Manual Submission/Amendment of Qualifying Liabilities Returns (33.2 KB) MAS NOTICE 758 (AMENDMENT) 2022
- PDPC
- Commission's Decisions
Last revised date:
- A financial penalty of $74,400 was imposed on Ecommerce Enablers for failing to put in place reasonable security arrangements to protect users' personal data in its possession or under its control. Click here for more information. PERSONAL DATA PROTECTION COMMISSION [2023] SGPDPC 6 Case No. DP-2009-B7056 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 E-Commerce Enablers Pte. Ltd. Organisation And DECISION Page 1 of 11
- MAS
- Enforcement Actions
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- The Monetary Authority of Singapore (MAS) has revoked the capital markets services licence (CMSL) of One Asia Investment Partners Pte. Ltd. (OAIP) with effect from 11 April 2017. This means that OAIP has ceased to be a licensed fund management company and is no longer permitted to carry on business in fund management in Singapore. 2 OAIP has been issued a winding up order by the High Court of Singapore on 17 March 2017 and is in the process of being wound up. Accordingly, MAS has revoked OAIP’
- MAS
- Enforcement Actions
Last revised date:
- 1 MAS has issued two prohibition orders against Mr Ho Chee Hui (“Mr Ho”), a former representative of The Great Eastern Life Assurance Company Limited (“GELS”), prohibiting him for a period of 2 years from: (a) carrying on business as an insurance intermediary and from taking part, directly or indirectly, in the management of any insurance intermediary in Singapore; and (b) providing any financial advisory service and from taking part, directly or indirectly, in the management of, acting
- SSO
- Subsidiary Legislation
Last revised date:
- Non-compliance and errors 27. —(1) Unless otherwise provided by the Act or regulations made under the Act, a failure to comply with any provision of these Regulations or any order or direction of an Appeal Committee not affecting the merits of the case does not of itself render the proceedings void. (2) Where there has been any failure referred to in paragraph (1) not affecting the merits of the case, an Appeal Committee may, on such terms as to costs or any other matters as it thinks just — (
- SSO
- Subsidiary Legislation
Last revised date:
- Non-compliance and errors 27. —(1) Unless otherwise provided by the Act, a failure to comply with any provision of these Regulations or any order or direction of an Appeal Committee not affecting the merits of the case does not of itself render the proceedings void. (2) Where there has been any failure mentioned in paragraph (1) not affecting the merits of the case, an Appeal Committee may, on such terms as to costs or any other matters as the Appeal Committee thinks just — ( a ) set aside, in
- MAS
- FATF Statement
Last revised date:
- On 19 Oct 2012, 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 2 groups of jurisdictions: Democratic People’s Republic of Korea (DPRK) and Iran which have shown no commitment to address their AML/CFT deficiencies; and Jurisdictions with strategic AML/CFT deficiencies that have not made sufficient progress in addressing
- MAS
- Media Releases
Last revised date:
- Singapore, 1 July 1999... The Monetary Authority of Singapore (MAS) today issued a set of regulatory guidelines for money market funds sold to retail investors in Singapore. Money market funds are specialised unit trusts that invest primarily in high-quality, liquid and short-dated money market instruments and debt securities. They increase the variety of unit trusts managed and sold in Singapore, and provide more choice to those who wish to invest through professionally-managed funds. The guidelines