Showing 4089 Documents for "payment services"

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    • MAS
    • Media Releases

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    • Singapore, 13 November 2018… The Monetary Authority of Singapore (MAS) today announced the three winners of the Global FinTech Hackcelerator, selected from 20 finalists See Annex A of MAS’ media release ‘60 Innovative Solutions Shortlisted for 2018 Global FinTech Hackcelerator and FinTech Awards’, 8 October 2018. that presented their innovative solutions at Demo Day, as part of the third Singapore FinTech Festival. The Global FinTech Hackcelerator was supported by KPMG Digital Village. 2   The winners
    • MAS
    • Notices

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    • for management services received Payments received for management services rendered Loans (secured) granted Loans (unsecured) granted Loans (secured) received Loans (unsecured) received Others (please specify): 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23
    • MAS
    • FAQs

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    • of services rendered to the clients.
    • MAS
    • Letters to Editor

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    • We thank Mr Dharmendra Yadav for his feedback, (“ Government bodies also have a fair-dealing role”, 12 September 2019). On 6 September, the Monetary Authority of Singapore (MAS) and the Singapore Academy of Law (SAL) launched the pilot initiative of the Payments Regulatory Evaluation Programme (PREP). To create the documents necessary to launch the pilot and fine-tune the documents during this time, MAS worked with a smaller group of law firms which are familiar with the payments industry. This group
    • MAS
    • Macroeconomic Reviews

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    • Aside from filling gaps in the provision of payment services, DLT payment systems promise to bring gains in economic efficiency. Specifically, DLT allows for the free entry of ledger writers; hence, it will tend to prevent a centralised ledger keeper from earning economic rents.
    • services) should see growth extend firmly into the quarters ahead.
    • Activities of payment services players should continue to pick up as Singapore progresses towards a more cashless society. Competition, improved product offerings amongst incumbents, and entry of newer players will drive the momentum of this segment.
    • MAS
    • Circulars

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    • Provides information on the scope of RMB business that banks and merchant banks can conduct in Singapore. View Annex A (117.6 KB) 22 Oct 2013 FSG Circular No. BD 04/2013 dated 23 May 2013 (131.7 KB) [Cancelled] FSG Circular No. BD 04/2013 23 May 2013 The Chief Executive Officers of All Banks The Chief Executive Officers of All Merchant Banks Dear Sir / Madam CONDUCT OF RENMINBI (RMB) BUSINESS IN SINGAPORE On 2 April 2013, the Monetary Authority of Singapore (MAS) and
    • MAS
    • Letters to Editor

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    • 8 December 2015 Dear Editor We refer to the feedback on international fees on credit card transactions, shared by Mr Tay Huay Khoong (“Make merchants pay for currency charges”, 25 November 2015) and Mr Ambar Gupta (“Currency charges for local services unfair”, 26 November 2015). The imposition of international transaction fees by credit card companies (e.g. MasterCard and Visa) is a global practice and is not unique to Singapore.  An international transaction fee is charged whenever a customer’s
    • PDPC
    • Public Consultations

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    • RESPONSE TO THE PUBLIC CONSULTATION ISSUED BY THE PERSONAL DATA PROTECTION COMMISSION PROPOSED BUSINESS OPERATION OF THE DO NOT CALL REGISTRY = = = = = = = = = = = = = = = = = = = = = = = = 4 June 2013 = = This paper is prepared in response to the PDPC consultation document dated 15 May 2013 and represents M1’s views on the subject matter. Unless otherwise noted, M1 makes no representation or warranty, expressed or implied, as to the accuracy
    • MAS
    • Notices

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    • Requirements for banks on computing the total debt servicing ratio (TDSR) for property loans. This notice applies to all banks. It sets out the formula and parameters for banks to compute the total debt servicing ratio, monthly total debt obligations and gross monthly income of borrowers. The notice also spells out the limit on monthly repayment instalments for the purchase of HDB flats and executive condominiums. See explainers: Total Debt Servicing Ratio for Property Loans Rules for New Housing
    • MAS
    • Notices

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    • Requirements for finance companies on computing the total debt servicing ratio (TDSR) for property loans. This notice applies to all finance companies in Singapore. It sets out the formula and parameters for finance companies to compute the total debt servicing ratio, monthly total debt obligations and gross monthly income of borrowers. The notice also spells out the limit on monthly repayment instalments for the purchase of HDB flats and executive condominiums. See explainers: Total Debt Servicing