Showing 4566 Documents for "economic issues"
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- MAS
- Media Releases
Last revised date:
- 4 November 1999...Singapore today hosted the Third Joint Meeting of the New York Foreign Exchange Committee (NYFEC) and the Singapore Foreign Exchange Market Committee (SFEMC). This meeting also marked the first time that representatives from the Tokyo Foreign Exchange Market Committee (TFEMC) participated as an observer. The SFEMC and NYFEC have been meeting annually since 1997. The joint meetings serve as an important platform for market participants in the financial centres of New York and Singapore
- MAS
- Media Releases
Last revised date:
- Singapore, 9 Nov 2004...The Monetary Authority of Singapore (MAS) will publish details of market conduct regulatory actions 1 where it is in the public interest to do so. This new approach is part of our ongoing enhancements of the supervisory framework and takes effect immediately. Circumstances in Which Disclosure is Warranted 2 As increasingly recognised in other major jurisdictions, the disclosure of regulatory actions on market conduct issues can be an effective regulatory tool in some circumstances
- MAS
- Enforcement Actions
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- Singapore, 17 June 2019… The Monetary Authority of Singapore (MAS) has issued 3-year prohibition orders (POs) against Mr Paris Michele for dishonest conduct. A former representative of UBS AG, Singapore branch (UBS), he had forged documents and falsified company emails during his employment with UBS. 2 Under the POs, Mr Michele is prohibited from performing any regulated activity under the Securities and Futures Act (SFA) and providing any financial advisory service under the Financial Advisers
- MAS
- Media Releases
Last revised date:
- Singapore, 30 June 2017… The Monetary Authority of Singapore (MAS) announced today that it has launched a Singapore-dollar (SGD) Credit Rating Grant to encourage issuers in the SGD bond market to issue rated bonds. 2. Investors today generally have access to publicly available information such as company financial statements and offering documents when they consider their bond investments. Greater availability of credit ratings in the domestic bond market will help to further improve market
- MAS
- Media Releases
Last revised date:
- Singapore, 23 March 2020… The Monetary Authority of Singapore (MAS) issued today an advisory to all financial institutions (FIs) in Singapore, telling them to implement safe distancing measures in all aspects of their business operations, especially customer touch points. This is part of the national effort to reduce the risk of further local transmission of COVID-19. 2. FIs were asked to strengthen their measures to meet the latest advisory from MAS, as well as the relevant guidance issued
- MAS
- Media Releases
Last revised date:
- Singapore, 30 March 2007...The Monetary Authority of Singapore (MAS) has launched a third set of coins to commemorate the Urban Redevelopment Authority’s (URA) Identity Plan featuring Rustic Coast. Coin Design 2 The coin designs are based on the four areas in the Rustic Coast cluster – Changi Village, Pasir Ris Park, Pulau Ubin and Punggol Point & Coney Island. The obverse of the coins bears the Singapore Arms with the year 2007. Limited Worldwide Mintage 3 The coins will be issued on Monday
- MAS
- Circulars
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- Informs licensed insurers on new guidelines on the preparation of the actuarial investigation report and changes to Notice 133 Circular No. ID 40/20 24 December 2020 Chief Executives All Licensed Insurers except for Marine Mutual Insurers and SPRVs Dear Sir/Madam GUIDELINES ON THE PREPARATION OF THE ACTUARIAL INVESTIGATION REPORT AND UPDATES TO NOTICE 133 1 Further to Circular No. ID 07/20 dated 28 February 2020, MAS has issued new guidelines (Guidelines
- MAS
- Media Releases
Last revised date:
- Singapore, 17 June 2019… The Monetary Authority of Singapore (MAS) has issued 3-year prohibition orders (POs) against Mr Paris Michele for dishonest conduct. A former representative of UBS AG, Singapore branch (UBS), he had forged documents and falsified company emails during his employment with UBS. 2 Under the POs, Mr Michele is prohibited from performing any regulated activity under the Securities and Futures Act (SFA) and providing any financial advisory service under the Financial Advisers
- MAS
- Parliamentary Replies
Last revised date:
- Issues Raised in Parliament ANSWER TO PARLIAMENTARY QUESTION ON: Stored Value Cards For Parliamentary Sitting on 23 Nov 1999 Question: To ask the Deputy Prime Minister (a) whether it is proper practice for the issuers of stored-value cards to claim administrative difficulty as a reason why their cards must expire after a certain time and all the money remaining therein unusable by the cardholder from that expiry date; (b) whether the Minister will introduce measures or legislation (i) allowing the
- MAS
- Media Releases
Last revised date:
- 25 Feb 1998... Hong Kong's Securities & Futures Commission (SFC) has issued a Report on its investigation into possible insider trading of shares in Crownhampton International Limited (Crownhampton). 2 Between February 1994 and May 1995, the SFC asked MAS for assistance to investigate possible insider trading in Crownhampton shares by some Singaporeans. The SFC enquired if the persons being investigated might have breached Singapore's insider trading law. It wanted MAS to confirm whether any