Showing 4566 Documents for "economic issues"
Filter by
Sort by
- MAS
- Media Releases
Last revised date:
- Singapore, 31 July 2018 … The Monetary Authority of Singapore (MAS) has issued a 5-year prohibition order (PO) against Mr Alan Tay Yeow Kee. Mr Tay will be prohibited from carrying out any regulated activities and from taking part in the management, acting as a director, or becoming a substantial shareholder of any capital market services firm under the Securities and Futures Act (SFA). 2 Mr Tay was a Vice President of CIMB Bank Berhad (CIMB). 1 In 2011, he arranged for another person to purchase
- MAS
- Media Releases
Last revised date:
- Singapore, 23 April 2007...The Monetary Authority of Singapore (MAS) has issued a monograph on its supervision of financial institutions. The "MAS’ Framework for Impact and Risk Assessment of Financial Institutions" aims to provide greater clarity of how MAS assesses the risk of financial institutions and develops appropriate supervisory plans. 2 The monograph builds on the earlier “ Objectives and Principles of Financial Supervision in Singapore ” by articulating MAS’ risk assessment system
- MAS
- Media Releases
Last revised date:
- Singapore, 31 August 2022…The Monetary Authority of Singapore (MAS) today renewed its Statement of Commitment to the updated Foreign Exchange (FX) Global Code (Code). MAS reaffirms its adherence to the principles of the Code as a market participant, and the alignment of its internal practices and processes with these principles. 2 The Code sets out principles that promote a robust, fair, liquid, open, and appropriately transparent FX market, underpinned by high ethical standards. The Code was
- MAS
- Media Releases
Last revised date:
- Singapore, 25 August 2004...The Monetary Authority of Singapore (MAS) today announced the new risk-based capital (RBC) framework for insurers in Singapore. In conjunction with the new RBC framework, MAS also issued the following regulations, notice and guidelines: Insurance (Valuation And Capital) Regulations 2004 Insurance (Accounts And Statements) Regulations 2004 Insurance (Actuaries) Regulations 2004 Insurance (Transitional And Savings Provisions) Regulations 2004 Insurance (General Provisions
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 17 August 2017…The Monetary Authority of Singapore (MAS) has issued two prohibition orders against Mr Prem Hirubalan, prohibiting him for a period of 7 years from: (i) performing any regulated activity, and taking part in the management, acting as a director or becoming a substantial shareholder of any capital market services firm under the Securities and Futures Act (SFA); and (ii) providing any financial advisory services, and taking part in the management, acting as a director or becoming
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 22 March 2019… The Minister in Charge of the Monetary Authority of Singapore (MAS) has shortened the duration of the prohibition orders made by MAS against Ms Zheng Xuemei from two years to one year. 2 On 17 May 2018, MAS announced the issuance of prohibition orders against Ms Zheng for a period of two years, with effect from 14 May 2018. The orders prohibit her from performing any regulated activity under the Securities and Futures Act (SFA) and from providing any financial advisory
- MAS
- Enforcement Actions
Last revised date:
- Singapore, 3 June 2021… The Monetary Authority of Singapore has issued five-year prohibition orders (POs) against Mr Younis Adnan Mohammed, following his convictions in the State Courts for offences involving fraud or dishonesty, namely forgery and providing false information to a public servant. 2 Under the POs, which will take effect from 2 June 2021, Mr Younis is prohibited from providing any financial advisory services, taking part in the management, acting as a director, or becoming a substantial
- MAS
- Media Releases
Last revised date:
- Singapore, 17 August 2017…The Monetary Authority of Singapore (MAS) has issued two prohibition orders against Mr Prem Hirubalan, prohibiting him for a period of 7 years from: (i) performing any regulated activity, and taking part in the management, acting as a director or becoming a substantial shareholder of any capital market services firm under the Securities and Futures Act (SFA); and (ii) providing any financial advisory services, and taking part in the management, acting as a director or becoming
- MAS
- Media Releases
Last revised date:
- Singapore, 10 November 2020...The Monetary Authority of Singapore (MAS) today issued a consultation paper on the types of information required for non-face-to-face verification of an individual’s identity. These proposed requirements come against the backdrop of rising impersonation scam cases, and seek to address the risks arising from theft and misuse of an individual’s personal particulars. 2 Under the proposed Notice, it would be mandatory for a financial institution to use at least one
- MAS
- Media Releases
Last revised date:
- On 15 Aug 2006, DBS Bank Ltd announced, for and on behalf of Venture Delta Limited ("Venture Delta") mandatory conditional cash offers (the "Offers") for (a) all the issued ordinary shares in the capital of Thakral Corporation Ltd ("TCL") and (b) all the outstanding unsecured 2% convertible bonds due 2009 issued by TCL. Venture Delta despatched its offer document for TCL on 29 Aug 2006. 2 Following the announcement of the Offers, TCL announced on 13 Sep 2006, that certain directors of TCL, namely