Showing 4566 Documents for "economic issues"
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- MAS
- Consultations
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- This consultation paper sets out MAS' proposals to revise the requirements in the area of expense charging and allocation to the participating fund. Response VIEW DOCUMENT Response to Public Consult on Par Fund Expenses_16 Nov 2020 (1.07 MB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Requirements on Insurers’ Charging of Expenses to the Participating Fund (1.04 MB) RESPONSE TO FEEDBACK RECEIVED 16 November 2020 Proposed Requirements on Insurers Charging of Expenses to
- PDPC
- Commission's Decisions
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- A financial penalty of $24,000 was imposed on Lovebonito for failing to put in place reasonable security to protect personal data in its possession. The incident resulted in the personal data being accessed and exfiltrated. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2022] SGPDPC 3 Case No. DP-1912-B5484 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Lovebonito Singapore Pte. Ltd. DECISION Organisation
- MAS
- Media Releases
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- MAS Sets Up New Committee to Oversee Bond Market Developments 5 Aug 1999... Minister for Health and Second Minister for Finance, Mr Lim Hng Kiang, today announced the names of the first group of sixteen financial institutions that have been accorded the Approved Bond Intermediary (ABI) status. Mr Lim also announced the formation of a multi-agency Debt Market Committee chaired by MAS Managing Director Mr Koh Yong Guan. Speaking at a reception hosted by the Monetary Authority of Singapore (MAS),
- MAS
- Speeches
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- Second Reading Speech by Mr Lim Kng Kiang, Minister, Prime Minister's Office & Second Minister for Finance and Deputy Chairman, Monetary Authority of Singapore Mr Speaker Sir, I beg to move, "That the Bill be now read a second time". 2 Sir, the Financial Advisers Act ("FAA") was passed concurrently with the Securities and Futures Act ("SFA") in October 2001 as part of a major revamp of Singapore's capital markets regulatory framework. The FAA consolidates in a single piece of legislation the
- MAS
- Media Releases
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- Project Dunbar will develop prototypes for shared platforms that will enable international settlements with digital currencies issued by multiple central banks. System aims to allow direct transactions between institutions, reducing costs and increasing speed. Results will inform development of global and regional platforms and support G20 roadmap for improving cross-border payments. Singapore, 2 September 2021…The Bank for International Settlements Innovation Hub, the Reserve Bank of Australia,
- MAS
- Enforcement Actions
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- Singapore, 30 August 2018… The Monetary Authority of Singapore (MAS) has issued 12-year prohibition orders against Mr Lee Chang Yeh Bentley, under the Securities and Futures Act (SFA) and the Financial Advisers Act (FAA). 2 The orders prohibit him from performing any regulated activity under the SFA and any financial advisory service under the FAA. Mr Lee is also prohibited from taking part in the management, acting as a director or becoming a substantial shareholder of any capital market services
- MAS
- Media Releases
Last revised date:
- Project Dunbar will develop prototypes for shared platforms that will enable international settlements with digital currencies issued by multiple central banks. System aims to allow direct transactions between institutions, reducing costs and increasing speed. Results will inform development of global and regional platforms and support G20 roadmap for improving cross-border payments. Singapore, 2 September 2021…The Bank for International Settlements Innovation Hub, the Reserve Bank of Australia,
- MAS
- Parliamentary Replies
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- QUESTION NO 1307 NOTICE PAPER 514 OF 2021 FOR ORAL ANSWER Date: For Parliament Sitting on 26 July 2021 Name and Constituency of Member of Parliament Ms Yeo Wan Ling, MP, Pasir Ris-Punggol GRC Question: To ask the Prime Minister (a) in the last six months, whether there is an increase in successful bank-related cyber scams or unauthorised bank transactions involving victims not divulging their OTPs, IDs or passwords to scammers; (b) who bears the financial loss when the unauthorised transaction is
- MAS
- Parliamentary Replies
Last revised date:
- QUESTION NO 1521 NOTICE PAPER 892 OF 2017 FOR WRITTEN ANSWER Date: For Parliament Sitting on 6 November 2017 Name and Constituency of Member of Parliament Ms Foo Mee Har, MP, West Coast GRC Question: To ask the Prime Minister what regulatory safeguards can MAS take to protect the interests of consumers when large-scale movements of insurance agents happen amidst aggressive poaching activities between rival financial institutions. Answer by Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister
- MAS
- Media Releases
Last revised date:
- Singapore, 30 August 2018… The Monetary Authority of Singapore (MAS) has issued 12-year prohibition orders against Mr Lee Chang Yeh Bentley, under the Securities and Futures Act (SFA) and the Financial Advisers Act (FAA). 2 The orders prohibit him from performing any regulated activity under the SFA and any financial advisory service under the FAA. Mr Lee is also prohibited from taking part in the management, acting as a director or becoming a substantial shareholder of any capital market services