Showing 4746 Documents for "recognised market operator"

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    • MAS
    • Speeches

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    • Mr. Stephen O’Connor, Chairman of ISDA; Mr. Robert G. Pickel, CEO of ISDA Distinguished guests, Ladies and gentlemen; Introduction 1. Let me start off by extending a warm welcome to everyone here today. It is my pleasure to be with you this morning and to welcome the ISDA AGM back to Singapore. I understand that the last time the AGM was held here was 7 years ago. 2. When the AGM was last held in Asia, it was in Beijing, amidst the aftermath of the financial crisis in 2009. Then, the agenda was focused
    • MAS
    • Media Releases

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    • Singapore, 15 April 2004...The Monetary Authority of Singapore (MAS) said today that it is pleased with developments in the local currency Asian Bond Fund 2 (ABF 2) initiative by the Executives' Meeting of East Asia and Pacific Central Banks (EMEAP)1 group. As a member of EMEAP, Singapore participates in steering the group's efforts to promote the development of bond markets in the region. Together with initiatives proposed in other regional fora, ABF 2 through the Pan-Asian Bond Index Fund (PAIF
    • MAS
    • Media Releases

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    •  Singapore, 8 February 2006...The Monetary Authority of Singapore (MAS) announced that the Singapore Deposit Insurance Corporation Limited (SDIC) has been set up to administer the deposit insurance scheme and manage the deposit insurance fund.  This follows the enactment of the Deposit Insurance Act in 2005. 2   SDIC is a company limited by guarantee under the Companies Act and is a separate entity from MAS. The members of the company are Mr James Koh Cher Siang, Mr Thean Lip Ping and Mr Law Song
    • MAS
    • Parliamentary Replies

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    • Reply to PQ on the Use of Banks' Names and Corporate Signages on Buildings for Advertisement Purposes Date : For Parliamentary Sitting on 25 Sep 2001 Question : To ask the Deputy Prime Minister, in view of recent changes to the Banking Act and of consolidation within the banking sector, whether there are any restrictions on the use of banks' names and corporate signages on buildings for advertisement purposes. Answer: 1    Up to now, MAS has not allowed banks to exercise naming rights to buildings
    • MAS
    • Media Releases

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    •  Name of Scheme Objective Details Executive Development Scheme (EDS) To encourage Singapore-based financial institutions to develop the skills and capabilities of their executive staff in key areas of expertise by defraying the cost of locally-based training. For in-house courses conducted by external trainers, EDS provides support of 50% of qualifying expenses incurred in engaging the trainer, or up to S$15,000, whichever is the lower. For locally-based external courses conducted by training providers
    • MAS
    • Media Releases

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    •  Singapore, 2 June 2008...The Monetary Authority of Singapore (MAS) has updated the Internet Banking and Technology Risk Management (IBTRM) Guidelines following consultation with the industry. The Guidelines aims to assist banks in: Establishing a sound and robust technology risk management framework; Strengthening system security, reliability, availability and recoverability; and Deploying strong cryptography and authentication mechanisms to protect customer data and transactions 2   The revised
    • MAS
    • Letters to Editor

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    • 9 October 2014 The Editor ST Forum Dear Editor We thank Mr Lim Chye Hai (“Be transparent on extra charges”, 27 September 2014) and Mr Arthur Loh Siew Meng (“In the dark over cross-border fees”, 1 October 2014) for their feedback on the extra charges reflected on their credit card bills. Banks generally charge customers a fee for transactions with overseas merchants, including those merchants who offer online goods and services priced in Singapore Dollars that use overseas payment processors.  These
    • MAS
    • Letters to Editor

    Last revised date:

    • 11 December 2013 The Editor ST Forum Dear Editor, The Monetary Authority of Singapore (MAS) thanks Mr Francis Cheng for his letter, offering lessons and suggestions arising from the recent theft of customer data belonging to Standard Chartered Bank (“Questions remain over bank’s stolen data”, The Straits Times, 9 December 2013).  Mr Cheng expressed his concern about the reliability of banks conducting their own internal IT checks, and also suggested that MAS convene an independent financial technology
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 27 July 2016… The Monetary Authority of Singapore (MAS) today issued new Guidelines on Outsourcing Risk Management to financial institutions (FIs) following extensive industry and public consultation. 2    The Outsourcing Guidelines provide expanded guidance to the industry on prudent risk management practices for outsourcing, including cloud services, which have been adopted by a growing number of FIs. Key changes to the Guidelines include: a) introduction of a new section on cloud computing
    • MAS
    • Media Releases

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    •  Singapore, 23 March 2011…The Monetary Authority of Singapore (MAS) today released a consultation paper on proposed regulation of credit rating agencies (CRAs). In line with global developments and to conform with international standards and practices, MAS is proposing to regulate activities conducted by CRAs. This is to ensure that Singapore remains an attractive location for CRAs to operate in. 2   MAS proposes to require CRAs to be licensed under the Capital Markets Services (CMS) licensing regime