Showing 4566 Documents for "economic issues"

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    • PDPC
    • Commission's Decisions

    Last revised date:

    • A financial penalty of $12,000 was imposed on The Travel Corporation (2011) for breaches of the PDPA. The Organisation failed to appoint a data protection officer and did not put in place reasonable security arrangements to protect its customers’ personal data stored in portable storage devices. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 42 Case No. DP-1810-B2821 In the matter of an investigation under section 50(1) of the Personal Data Protection Act
    • PDPC
    • Commission's Decisions

    Last revised date:

    • Directions were issued to Thomson Medical to conduct scan of the web to ensure no publication of affected personal data online and to include in the review of its application deployment process, measures such as the arrangements for security testing and the implementation of data retention policy. This is pursuant to a data breach incident from an unsecured Health Declaration Portal which enabled public access to visitors' personal data. Click here for more information. PERSONAL DATA PROTECTION COMMISSION
    • PDPC

    Last revised date:

    • Background  The Personal Data Protection Commission (the “Commission”) received a data breach notification on 29 October 2020 from Platinum Yoga Pte. Ltd. (“Platinum Yoga”), informing of a suspected alleged act of mischief by a terminated employee of Platinum Yoga, who gained unauthorised access to its Customer Relationship Management (“CRM”) system and Facebook account. The CRM system held the email addresses and photographs of Platinum Yoga’s members. Consequently, photographs of 25 individuals
    • PDPC

    Last revised date:

    • Background  The Personal Data Protection Commission (the “Commission”) received a data breach notification on 7 February 2020 from StarMed Specialist Centre Pte Ltd (“StarMed”), informing that ransomware had infected one of its servers and encrypted a database containing 373 patients’ personal data. The personal data consisted of the name, NRIC number, date of birth, gender, electrocardiogram data and treadmill stress test data. It was established that StarMed had not implemented the necessary
    • MAS
    • Consultations

    Last revised date:

    • Response VIEW DOCUMENT Response to Feedback Received on Proposed Enhancements to the Deposit Insurance Scheme and Legislative Amendments to the Deposit Insurance and Policy Owners' Protection Scheme (1.2 MB) Consultation Paper VIEW DOCUMENT Consultation Paper on the Proposed Amendments to the Deposit Insurance and Policy Owners' Protection Schemes Act (153.3 KB) RESPONSE TO FEEDBACK RECEIVED 17 May 2018 Proposed Amendments to the Deposit Insurance Scheme and Policy Owners Protection Scheme
    • MAS
    • Consultations

    Last revised date:

    • MAS is proposing amendments to the MAS Notices 632A, 1106A, 825A and 115A (collectively, the Fact Sheet or FS Notices) to enhance financial institutions’ (FIs) disclosures on interest rate changes as well as alternative arrangements that FIs will provide to borrowers should they make unexpected interest rate changes after borrowers have committed to a property loan. This will help borrowers make informed decisions before committing to a property loan. MAS is also proposing amendments to the FS Notices
    • MAS
    • Media Releases

    Last revised date:

    •  New Group to act as Sounding Board on Supervisory issues and Development Opportunities in Financial Sector 05 Mar 1999... The Monetary Authority of Singapore (MAS) today announced the composition of its Financial Centre Advisory Group (FCAG). Comprising leading members of the financial community in Singapore, the FCAG will institutionalise dialogue and consultation between MAS and the industry. DPM Lee Hsien Loong announced MAS' intention to set up the FCAG in November last year, after the private
    • MAS
    • Speeches

    Last revised date:

    •  Speech by Mr Heng Swee Keat, Managing Director, Monetary Authority of Singapore, Challenges for the Boards of Listed Companies Mr Chew Heng Ching, Chairman of the Singapore Institute of Directors Mr John Lim, President of the Singapore Institute of Directors Distinguished guests, Ladies and Gentlemen Introduction 1   I am delighted to join you here at the SID 7th Annual General Meeting Luncheon. I thank you for the honour of addressing this very distinguished audience. 2   In the face of accelerating
    • MAS
    • Speeches

    Last revised date:

    •  Mayor Yu-Foo Yee Shoon & Parliamentary Colleagues Distinguished guests and Ladies and Gentlemen Avoiding Excessive Consumer Debt Introduction 1   It is a pleasure for me to address you at this conference.  The subject of consumer credit counselling is appropriate and timely. 2   Household debt  has been growing rapidly in Singapore.  According to latest estimates by the Department of Statistics, total household liabilities, in the form of mortgages and personal loans, grew from 118% of annual personal
    • PDPC
    • Commission's Decisions

    Last revised date:

    • DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1506-A456 CENTRAL DEPOSITORY (PTE) LIMITED (UEN. 198003912M) ... 1st Respondent TOH-SHI PRINTING SINGAPORE PTE LTD (UEN. 198704013N) ... 2nd Respondent Decision Citation: [2016] SGPDPC 11 GROUNDS OF DECISION 21 July 2016 A. BACKGROUND 1. On 11 June 2015, the Central Depository Pte Limited (“CDP”), reported to the Personal Data Protection Commission (“Commission”) of an incident of a