Showing 5563 Documents for "MAS"
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- Parliamentary Replies
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- The finance companies have been given up to year 2003 to comply with the $50m minimum capital requirement. 1 Singapore residents may borrow S$ for use outside Singapore, without the need to consult MAS.
- Issues Raised in Parliament AANSWER TO PARLIAMENTARY QUESTION ON: the Use of Singapore Dollars for Projects Outside Singapore For Parliament Sitting on 04 Sep 98 Question: To ask the Deputy Prime Minister whether the Monetary Authority of Singapore will allow Singapore based companies to use the Singapore
- Singapore-based companies which are not jointly-owned or majority-owned by Singapore citizens and hence are non-residents, have to consult MAS if they wish to borrow S$ for use overseas. 2 As a working guideline, the amount of S$ financing allowed for such projects will be more generous where the companies
- MAS
- Enforcement Actions
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- Singapore, 6 October 2021… The Monetary Authority of Singapore (MAS) has issued 4-year prohibition orders (PO) against Mr Lee Chengyi, Adrian, a former representative of Aviva Financial Advisers Pte Ltd, following his conviction for carrying on fund management without a capital markets services licence
- Additionally, his conduct in unlawfully carrying on fund management activities had given MAS reason to believe that he will not be able to perform financial advisory services fairly. *****
- MAS
- Media Releases
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- The Dialogue was chaired by Ms Katharine Braddick, Director General (Financial Services) of HM Treasury, and Ms Jacqueline Loh, Deputy Managing Director of the Monetary Authority of Singapore (MAS), and attended by officials from the MAS, HM Treasury, the Financial Conduct Authority (FCA), and the Bank
- MAS
- Media Releases
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- Agencies issue Request for Information for e-payment solutions in hawker centres, HDB coffee shops and shops Singapore, 25 August 2017 – The National Environment Agency (NEA), Housing & Development Board (HDB), Monetary Authority of Singapore (MAS) and Smart Nation and Digital Government Office (SNDGO
- The agencies are crowd-sourcing views and ideas through this RFI, in line with the Smart Nation principle of harnessing the innovation and creativity of the private sector and co-creating solutions. 4 The insights gained through the RFI will help facilitate preparations by NEA, HDB, MAS and SNDGO
- MAS
- Media Releases
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- It has turned negative, reflecting market expectations of the exchange rate. 4 Singapore’s domestic money markets continue to function in an orderly manner and MAS has had no need to undertake any extraordinary measures.
- The monetary policy stance remains as that announced in the April 2011 Monetary Policy Statement (MPS), which was reaffirmed at the MAS Annual Report Press Conference on 21 July 2011. The next MPS will be released as scheduled in mid-October 2011.” ***
- In response to media queries on recent market movements in the SGD Swap Offer Rate (SOR), the MAS spokesperson reiterated that interest rates in Singapore are market-determined and that the current monetary policy stance, announced in April 2011, remains appropriate. 2 “Singapore’s monetary policy
- MAS
- Media Releases
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- 1 The Ministry of Finance (MOF), Monetary Authority of Singapore (MAS) and the Inland Revenue Authority of Singapore (IRAS) have proposed regulations to help financial institutions in Singapore comply with the US Foreign Account Tax Compliance Act (FATCA).
- The IGA will be signed in the fourth quarter of 2014. 3 MOF, MAS, and IRAS are inviting public feedback on: the draft Income Tax (International Tax Compliance Agreements) (United States of America) Regulations 2014, which sets out the due diligence and reporting obligations of Singapore-based financial
- MAS
- Letters to Editor
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- Bey Mui Leng (Ms) Director (Corporate Communications) Monetary Authority of Singapore Christine Yap (Ms) Director (Corporate Communications) Ministry of Transport
- When MAS introduced car loan restrictions in 2013, we explained their immediate purpose: to restrain the strong demand for cars and escalating COE premiums at the time, and the consequent pressures on inflation.
- MAS has therefore, in consultation with MOT, reset the car loan restrictions to levels appropriate for the long term. The new rules continue to provide a brake on excessive borrowing, and support both financial prudence and a more car-lite society.
- MAS
- Media Releases
Last revised date:
- Singapore, 12 June 2009…The Monetary Authority of Singapore (MAS) today announced the implementation of the ASEAN and Plus Standards Scheme (Scheme) for multi-jurisdiction offerings of securities in ASEAN. 2 The Scheme will be implemented in Singapore via the Securities and Futures (Offers of Investments
- By doing so, the Scheme aims to facilitate fund raising activities within ASEAN, as well as to enhance the visibility of ASEAN capital markets as an attractive investment destination for global investors. 5 More information on the Scheme can be found on MAS’ website at www.mas.gov.sg .
- MAS
- Media Releases
Last revised date:
- Singapore, 25 May 2011…The Monetary Authority of Singapore (MAS) today launched The Grandeur of Heritage Orchids Coin Set, a special collection featuring all the orchids found in the popular Heritage Orchids of Singapore Coin Set Series that ended its issue last year.
- Dendrobium Singa Mas iv. Vanda Mimi Palmer v. Aranda Tay Swee Eng vi. Oncidium Goldiana vii. Spathoglottis Primrose viii. Vanda Amy ix. Aranda Noorah Alsagoff x. Aranthera Anne Black 3 The obverse of the coin bears the Singapore Arms with the year 2011.
- MAS
- Media Releases
Last revised date:
- Singapore, 8 October 2008...MAS today announced that the ASEAN Capital Markets Forum (ACMF) has introduced the ASEAN and Plus Standards Scheme (the Scheme) for cross-border offerings of securities.
- The ACMF, of which MAS is a member, comprises the heads of securities regulators in the region and operates under the auspices of the ASEAN Finance Ministerial Meeting process. 2 The Scheme is applicable to issuers who wish to offer plain [1] equity and debt securities in more than one ASEAN country
- The offering process is streamlined as issuers will only be required to issue a common set of disclosure documents, together with the appropriate wrap-around for the additional requirements, to investors in each jurisdiction. 5 MAS is currently working with other ACMF members on implementing the Scheme