Showing 5563 Documents for "MAS"

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    • MAS
    • Notices

    Last revised date:

    • It sets out the requirements to report to MAS any suspicious activities and incidents of fraud, according to the stated format and timeframe. Amendment Notes There are no amendment notes for this notice.
    • . : MAS 828 Issue Date: 23 January 2013 NOTICE ON REPORTING OF SUSPICIOUS ACTIVITIES & INCIDENTS OF FRAUD Introduction 1.1 (the Act) and applies to all finance companies. 1.2 Notice or where the context otherwise requires, have the same meanings as in the Act.
    • Report on Suspicious Activities and Incidents of Fraud 2 A finance company shall lodge with the Monetary Authority of Singapore (the Authority), a report in the form, manner and within such time as specified in paragraph 4, upon discovery of any suspicious activities and incidents
    • MAS
    • Economic Essays

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    • Monetary Authority of Singapore Economic Policy Group
    • Monetary Authority of Singapore Economic Policy Group -------- 84 Macroeconomic Review, April 2014 productivity growth across the 20 developed economies, with the second break occurring prior to the GFC.
    • largely depend on innovations and Monetary Authority of Singapore Economic Policy Group -------- 88 Macroeconomic Review, April 2014 References Abiad, A, Balakrishnan, R, Brooks, P K, Leigh, D and Tytell, I (2009), Whats the Damage?
    • MAS
    • Economic Essays

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    • Monetary Authority of Singapore Economic Policy Group
    • The views in this article are solely those of the author and should not be attributed to MAS.
    • Monetary Authority of Singapore Economic Policy Group -------- 88 Macroeconomic Review, October 2018 is no Therefore, policymakers have to choose which of the three objectives is given priority at any point in time.
    • MAS
    • Media Releases

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    • Last in the Cultural and Heritage Site Series "Singapore River - Boat Quay in the mid 1900s" Singapore, 30 March 2004...The Monetary Authority of Singapore (MAS) today launched the 2004 Sterling Silver Proof Coin Set in the Cultural and Heritage Site series. 
    • Each set comes in an elegant wooden case and a Certificate of Authenticity issued by MAS.  The 2004 Sterling Silver Proof Coin Set will be sold at $128.00 each (GST inclusive).
    • Thursday, 1 April 2004 Friday, 2 April 2004 9   Order forms can be obtained from: a) The Singapore Mint retail outlets at: The Singapore Mint Coin Gallery 20 Teban Gardens Crescent, Singapore 608928 Tel :  6566 2626 Coin City, Starhub Centre 51 Cuppage Road #01-07, Singapore 229469 Tel :  6339 0886 b) MAS
    • MAS
    • Media Releases

    Last revised date:

    • More than 1,000 FinTech start-ups and 400 investors indicated interest to participate in the process and 525 connections were made among interested parties. 2   The Investor Summit, powered by Ernst & Young (EY), is organised by the Monetary Authority of Singapore (MAS) and The Association of Banks in
    • The Investor Summit wraps up the week-long Singapore FinTech Festival which saw more than 30,000 participants from over 100 countries. 3   Mr Sopnendu Mohanty, Chief FinTech Officer of MAS, said, “The fundraising process for start-ups can be a long and arduous process.
    • About the Singapore FinTech Festival Organised by the Monetary Authority of Singapore in partnership with The Association of Banks in Singapore and in collaboration with SingEx Holdings, the Singapore FinTech Festival will provide a platform for collaborations, connections and co-creations within the
    • MAS
    • Parliamentary Replies

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    • Hence the MAS and the Council of Estate Agents (CEA) will continue to step up efforts in raising awareness and highlighting these risks. For example, the CEA has issued guidelines on what investors in overseas properties should look out for. 
    • All existing debt obligations, including those for overseas property purchases, must be included for such assessments. 6   MAS’ stress tests on banks’ housing loan portfolios indicate that the banks will remain sound even under stressed conditions. ***
    • In addition, the Total Debt Servicing Ratio (TDSR) framework introduced by MAS in June 2013 requires lenders to assess the debt servicing ability of their customers for all new property loans, regardless of whether the property is in Singapore or overseas. 
    • MAS
    • Speeches

    Last revised date:

    • Many of you have provided valuable feedback to MAS that there is further opportunity for price discovery of Asian FX trading to take place in Singapore.
    • In issuing our Statement, we have done the same in MAS. It has been a helpful and meaningful exercise to benchmark our internal processes against these good practices.
    • To lead by example, many central banks, including MAS, have also issued Statements and published these on our websites. Central banks have also requested that our FX counterparties issue the Statement. Many FXCs have linked membership of the FXC with Code adherence.
    • MAS
    • Speeches

    Last revised date:

    • MAS has also introduced stronger safeguards when financial institutions market insurance policies and investment products to retail customers.
    • MAS will continue to actively engage financial institution to ensure that they deal fairly with customers, including in their marketing and distribution of products. 33.
    • MAS issued Fair Dealing Guidelines in 2009, and we charge the board and senior management of financial institutions with the responsibility to deliver fair dealing outcomes to their customers.
    • MAS
    • Speeches

    Last revised date:

    • Instead, close supervision - consisting of both onsite inspections and offsite reviews - provides MAS with a good view of a firm’s risk governance and culture and practices on the ground.
    • MAS has issued guidance on fair dealing principles and outcomes that financial firms should achieve. We assess whether the board and management have put in place initiatives to foster  a corporate culture of fair dealing.
    • MAS therefore takes an intensive supervisory approach to risk governance and culture in financial institutions. We prefer this to an overly prescriptive regulatory approach based on one-size-fits-all rules that may be less effective in addressing idiosyncratic risks. 
    • MAS
    • Speeches

    Last revised date:

    • As an immediate step on this front, MAS would work with the industry to do a critical review of their reinsurance arrangements.
    • Over the last few years, MAS in partnership with industry has embarked upon a series of initiatives to enhance the business operating practices of insurance and reinsurance companies and the effectiveness of our regulatory and supervisory framework.
    • Assessment of the Immediate Impact on the Singapore Market 8   The MAS is monitoring the impact on the local insurance market closely. Early assessment shows that Singapore-based insurers do not have any known direct exposure to losses from the terrorist attacks.