Showing 4566 Documents for "economic issues"
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- MAS
- Media Releases
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- Singapore 2 October 2008...MAS today outlined our overall approach in dealing with recent developments concerning the sale of structured products to the public. 2 First, MAS assures investors who have purchased DBS High Notes 5, Lehman Minibonds and Merrill Lynch Jubilee Series 3 LinkEarner Notes that their concerns are our immediate priority. We have put in place a mechanism for the quick and fair resolution of individual customer’s complaints. MAS has identified three well-regarded individuals
- MAS
- Enforcement Actions Media Releases
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- Singapore, 18 August 2022… The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $100,000 and issued prohibition orders (POs) against Ms Chua Kah Boey for false and unauthorised trading. Ms Chua had committed false trading by executing a client’s instructions to purchase Gaylin Holdings Ltd (GHL) shares for the purpose of creating a misleading appearance with respect to the price of the shares. She also committed unauthorised trading by executing a third party’s trading instructions
- MAS
- Media Releases
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- Singapore, 15 February 2017… The Monetary Authority of Singapore (MAS) today published a consultation paper proposing a simplified authorisation process and regulatory framework for managers of venture capital funds (VC managers). The move is part of MAS’ broader efforts to promote financing for enterprise development. 2 VC managers are an essential component of the start-up eco-system. They provide capital and expertise to businesses that are in the start-up or early growth phases. Although the
- MAS
- Media Releases
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- Singapore, 5 August 2020… The Monetary Authority of Singapore (MAS) today announced several initiatives to support the adoption of the Singapore Overnight Rate Average (SORA) SORA is defined as the volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapore between 8.00am and 6.15pm. SORA for a given business day will be published by 9.00am on the next business day. , which is administered by MAS. Given SORA’s growing importance as a key
- MAS
- Media Releases
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- Singapore, 17 April 2002. The Monetary Authority of Singapore (MAS) announced today two new initiatives as part of its on-going efforts to strengthen Singapore's capital markets. MAS is introducing a new risk?based capital (RBC) framework for Singapore Exchange (SGX) members with capital requirements more directly related to the risks arising from the business activities of each firm. The new framework has been benchmarked against international best practices, tested with actual data from SGX members
- MAS
- Speeches
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- 1. Mr Speaker, Sir, on behalf of the Prime Minister, I beg to move, “That the Bill be now read a second time”. Background 2. In 1999, the Exchanges (Demutualisation and Merger) Act (EDMA) was passed to facilitate the transfer of ownership of the Stock Exchange of Singapore (SES), the Singapore International Monetary Exchange (SIMEX) and the Securities Clearing and Computer Services, to an integrated exchange, Singapore Exchange Ltd (SGX). The exchanges were demutualised and merged into a single non-member
- PDPC
- Commission's Decisions
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- A warning was issued to Watami Food Service Singapore for failing to make reasonable security arrangements to prevent unauthorised access of employees’ personal data stored online. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION Case No DP-1711-B1312 [2018] SGPDPC [12] In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Watami Food Service Singapore Pte Ltd Organisation DECISION -------- Watami Food Service
- MAS
- Media Releases
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- Singapore, 11 February 2010... The Monetary Authority of Singapore (MAS) today gave an update on the actions undertaken by financial institutions to comply with the formal directions issued by MAS [1] following our investigation into the sale and marketing of structured notes linked to Lehman Brothers. [Please Click here to view the Investigation report Press Release]. 2 DBS Bank Ltd, Malayan Banking Berhad Singapore Branch and the Royal Bank of Scotland N.V. Singapore Branch [2] , have formally
- MAS
- Speeches
Last revised date:
- 1 It gives me great pleasure to join you this evening to celebrate the 10th anniversary of the Securities Investors Association (“SIAS”). 2 SIAS was founded in less than propitious circumstances in June 1999, to pursue the legitimate rights of investors in the CLOB market. Because of the efforts of the public-spirited Singaporeans who rose to the challenge, CLOB investors were assured of their legal position and knew that they could resist offers that were being made on greatly unfavourable
- PDPC
- Commission's Decisions
Last revised date:
- PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 23 Case No DP-1805-B2072 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And AgcDesign Pte. Ltd. DECISION … Organisation -------- AgcDesign Pte. Ltd. [2019] SGPDPC 23 Yeong Zee Kin, Deputy Commissioner – Case No DP-1805-B2072 4 July 2019 Background and Material Facts 1 AgcDesign Pte. Ltd. (the “Organisation”) provides interior designing