Showing 4566 Documents for "economic issues"

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    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 7 January, 2014… The Monetary Authority of Singapore (MAS) announced today that it will issue "good-as-new" $2 notes, along with brand new ones, for the coming Lunar New Year.  The "good-as-new" $2 notes are clean and crisp notes which were retrieved immediately after the previous Lunar New Year. 2   This Go Green initiative was launched last year and well-received by the public.  To generate greater awareness, a Facebook page on this initiative has been set up, and additional posters
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A warning was issued to Horizon Fast Ferry for failing to put in place reasonable security arrangements to protect the personal data in the Organisation’s email account. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case No. DP-1912-B5465 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Horizon Fast Ferry Pte. Ltd. SUMMARY OF THE DECISION 1. The Personal Data Protection Commission (Commission
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A warning was issued to AXA Insurance for failing to put in place reasonable security arrangements to prevent the unauthorised disclosure of personal data of its policyholders. The personal data of 87 individuals was sent in an email to an unintended recipient. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case No. DP-1907-B4201 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And AXA Insurance Pte. Ltd. SUMMARY OF THE
    • MAS
    • FATF Statement

    Last revised date:

    • On 23 October 2015, the Financial Action Task Force (FATF), of which Singapore is a member, issued an updated Public Statement that highlighted the strategic deficiencies in the anti-money laundering/combating the financing of terrorism (AML/CFT) regime of two groups of jurisdictions: Democratic People’s Republic of Korea (DPRK) and Iran which have not shown sufficient commitment to address their serious AML/CFT deficiencies. They are subject to a FATF call on its members and other jurisdictions
    • MAS
    • Speeches

    Last revised date:

    • Payments Council members Industry participants Ladies and gentlemen 1   Thank you for inviting me to this SGQR launch event. This is the second e-payment related event since June this year. It reflects the intensity in which we are building up the national e-payment infrastructure. 2   So today, we are gathered here to launch SGQR as the newest feature of the Singapore e-payment system, and to make a couple of announcements. These may well be the last few jigsaw pieces we are putting in place to
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A warning was issued to The National Kidney Foundation for failing to put in place reasonable security to protect the personal data in its possession. The incident resulted in personal data being downloaded. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2021] SGPDPC 10 Case No DP-2005-B6353 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And The National Kidney Foundation Organisation DECISION -------- The National
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $20,000 was imposed on Civil Service Club for failing to put in place reasonable security arrangements to protect its members’ personal data.  A web directory containing members’ profile photographs and their respective NRIC/FIN numbers was found to be publicly accessible. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2020] SGPDPC 15 Case No DP-1907-B4180 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012
    • MAS
    • Notices

    Last revised date:

    • Requirements on the submission of Policy Owners' Protection (PPF) Scheme returns by PPF Scheme members. This notice applies to all direct insurers carrying on life or general insurance business and are PPF Scheme Members. It sets out the reporting format on: Amount of protected liabilities, coupon deposits, advance premium payment and unclaimed monies for life business. Amount of gross premiums written and protected liabilities by specified lines for general business. Amendment Notes 05 Mar 2020
    • MAS
    • Media Releases

    Last revised date:

    •  24 Aug 1999...MAS today issued the Insurance (Financial Guarantee Insurance) (Amendment) Regulation 1999. The amended regulation allows multi-line insurers and reinsurers to engage in financial guarantee insurance business. It also stipulates a new requirement for licensed financial guarantee insurers to build up specific contingency reserves to meet unexpected large claims. MAS said that the amended regulations also eases a previous restriction that allowed only Singapore-incorporated subsidiaries
    • MAS
    • Media Releases

    Last revised date:

    •  01 November 1999... The Securities Industry Council ("SIC" or the "Council") today issued a consultation paper on proposed revisions to the Singapore Code on Take-overs and Mergers (the "Singapore Code") to keep pace with market innovations and international practices. SIC invites the public to give their views and comments on the consultation paper. A copy of the consultation paper is available on the MAS website. The consultation paper is the result of Council's extensive discussions with merchant