Showing 4566 Documents for "economic issues"

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    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 26 June 2023… The Monetary Authority of Singapore (MAS) today published a report proposing a framework for designing open, interoperable networks for digital assets (i.e. tokenised real-economy and financial assets ). The report Enabling Open & Interoperable Networks was jointly developed with subject matter experts at the Bank for International Settlements’ (BIS) Committee on Payments and Market Infrastructure (CPMI), with contributions from participating financial institutions This report
    • PDPC

    Last revised date:

    • PUBLIC CONSULTATION ISSUED BY THE PERSONAL DATA PROTECTION COMMISSION PROPOSED ADVISORY GUIDELINES ON KEY CONCEPTS IN THE PERSONAL DATA PROTECTION ACT 05 FEBRUARY 2013 -------- ADVISORY GUIDELINES ON KEY CONCEPTS IN THE PDPA PART I: INTRODUCTION AND OVERVIEW ............................................................. 6 1 2 Introduction ........................................................................................... 6 Overview of the PDPA .........................
    • PDPC
    • Commission's Decisions

    Last revised date:

    • PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 43 Case Nos. DP-1708-B1066; DP-1708-B1086 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And (1) (2) MSIG Insurance (Singapore) Pte Ltd Globalsign.in Pte Ltd …Organisation(s) DECISION -------- Re MSIG Insurance (Singapore) and another [2019] SGPDPC 43 (1) MSIG Insurance (Singapore) Pte Ltd (2) Globalsign.in Pte Ltd [2019] SGPDPC 43 Mr
    • PDPC
    • Public Consultations

    Last revised date:

    • Via email: pdpc_consultation@pdpc.gov.sg April 1, 2013 Personal Data Protection Commission Singapore Re: Consultation Paper: Proposed Advisory Guidelines on Key Concepts and Selected Topics Proposed Regulations on Data Protection in Singapore Dear Sirs: 1. MasterCard Worldwide (“MasterCard”)1 welcomes the opportunity to provide its comments to the Personal Data Protection Commission (the “Commission”) on the Advisory Guidelines on Key Concepts in the PDPA (“Key
    • PDPC
    • Public Consultations

    Last revised date:

    • Memorandum To From Personal Data Protection Commission ("PDPC") secretariat@scca.org.sg Direct Line (+65) 6636 3628 5 October 2017 Singapore Corporate Counsel Association Response to the PDPC Public Consultation dated 27 July 2017 Dear Sirs and Mesdames We enclose our response to the PDPC public consultation for approaches to managing personal data in the digital economy (the "Consultation"). This response does not represent the position of the entire membership
    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $34,000 was imposed on Globalsign.in for failing to put in place reasonable security arrangements to protect the personal data supplied by its clients. Globalsign.in, which sends mass marketing emails on behalf of its clients to their respective customers, was also found to be holding personal data which was no longer necessary for legal or business purposes. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 43 Case Nos. DP-1708-B1066; DP
    • PDPC
    • Commission's Decisions

    Last revised date:

    • Directions, including a financial penalty of $20,000, were issued to Spize Concepts for breaches of the PDPA. Amongst the breaches, the organisation failed to appoint a data protection officer and did not make reasonable security arrangements to prevent the unauthorised disclosure of customers’ personal data. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 22 Case No DP-1708-B1027 In the matter of an investigation under section 50(1) of the Personal
    • MAS
    • Circulars

    Last revised date:

    • Risk management principles and best practice standards to guide financial institutions in managing the technology and cyber security risks of public cloud adoption. Circular No. MAS/TCRS/2021/03 1 June 2021 To Chief Executive Officers of All Financial Institutions Dear Sir / Madam ADVISORY ON ADDRESSING THE TECHNOLOGY AND CYBER SECURITY RISKS ASSOCIATED WITH PUBLIC CLOUD ADOPTION Public cloud services1 are adopted by a growing number of financial institutions (FIs)
    • MAS
    • Guidelines

    Last revised date:

    • Guidance on the key principles that financial advisers should consider in the design of forms used to conduct financial needs analysis and to recommend suitable products to customers. These Guidelines apply to all licensed financial advisers and exempt financial advisers. These Guidelines set out how financial advisers can adopt a customer-centric approach that uses clear and concise language, presents information in a reader-friendly manner, and incorporates an efficient design. Guidelines on the
    • MAS
    • Forms and Templates

    Last revised date:

    • Form for registered insurance brokers to apply for the appointment of a Chief Executive Officer or Director. This form should be lodged online via FormSG . After submission, FIs may view a record of their submission by logging into MAS-Tx . INSURANCE ACT (CAP.142) INSURANCE (INTERMEDIARIES) REGULATIONS (Rg 16) APPOINTMENT OF CHIEF EXECUTIVE OFFICER OR DIRECTOR UNDER SECTION 35ZJ OF THE INSURANCE ACT Explanatory Notes Please read the explanatory notes and questions carefully before completing