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    • MAS
    • Parliamentary Replies

    Last revised date:

    • Answer by Mr Alvin Tan, Minister of State, Ministry of Trade and Industry and Ministry of Culture, Community and Youth, and Board member of MAS, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1.
    • 2022 FOR ORAL ANSWER Date: For Parliament Sitting on 20 October 2022 Name and Constituency of Member of Parliament Mr Desmond Choo, MP, Tampines GRC Question: To ask the Prime Minister in view of higher interest rates (a) whether there has been an increase in corporate bad debts; and (b) how does the Monetary
    • MAS
    • Circulars

    Last revised date:

    • MAS to outsource cash and cheque-related transactional services to another bank in Singapore, provided that the outsourced services are not at the same time offered at the premises of the outsourcing bank.
    • Date: 20 Nov 2002 To Chief Executive Officers of All Banks Dear Sir/Madam OUTSOURCING OF CASH AND CHEQUE-RELATED TRANSACTIONAL SERVICES TO ANOTHER BANK to services MAS has received feedback from banks which lack scale in front office transactional services that it
    • MAS has therefore decided to allow requests by such banks to outsource their cash and cheque-related transactional bank. 2 With effect from the date of this circular, banks which are allowed to operate from only one place of business in Singapore may apply to
    • MAS
    • Circulars

    Last revised date:

    • bills of exchange in Singapore dollars which qualify as liquid assets in accordance with paragraph 2(d) of MAS Notice 806, shall not exceed 4% of liabilities base; and c.
    • .: FSG 33/98 Date: 14 Apr 1998 Dear Sir/Madam To the Chief Executive Officers of All Finance Companies MAS NOTICE 806 TO FINANCE COMPANIES - MINIMUM CASH BALANCES AND MINIMUM LIQUID ASSETS finance The minimum cash balance (MCB) maintained by companies with the Authority will
    • the aggregate of items (a) and (b) above shall not exceed 8% of liabilities base. 2 MAS Notice 806 dated 20 Apr 87 is modified with effect from 17 Dec 98 to the extent stated in this circular. 3 Please contact Mrs Jeng Hong Kian (tel: 62299232) or Miss Menon Vijayalakshmi
    • MAS
    • Circulars

    Last revised date:

    • The Amendment Regulations will come into operation on 30 December 2018. 3 liaison officer in MAS.
    • . -------- Monetary Authority of Singapore Yours faithfully [sent via MASNET] DANIEL WANG EXECUTIVE DIRECTOR INSURANCE DEPARTMENT
    • MAS has issued the Insurance (Approved Marine, Aviation and Transit 2 Insurers) (Amendment) Regulations 2018 and the Insurance (Approved Marine, Aviation and Transit Insurance Brokers and Approved Reinsurance Brokers) (Amendment) Regulations 2018 (collectively referred to as the Amendment
    • MAS
    • Forms and Templates

    Last revised date:

    • After submission, FIs may view a record of their submission by logging into MAS-Tx .
    • Please refer to the Compliance Toolkit for Approvals, Notifications and Other Regulatory Submissions to MAS for Financial Advisers () for the FormSG submission link.
    • Form for exempt financial advisers serving not more than 30 accredited investors to notify MAS when there are changes to their particulars. The form is to be submitted no later than 14 days after the date of change. Form 21 should be lodged online via FormSG .
    • MAS
    • Notices

    Last revised date:

    • 16 March 2020, which is published on MAS website www.mas.gov.sg (Published Version); and (b) Text which is coloured and underlined represents insertion which will appear in the Published Version.
    • No : SFA 04/13-N01 (Amendment) 2020 Issue Date : 16 March 2020 NOTICE ON CANCELLATION PERIOD FOR UNITS IN AUTHORISED COLLECTIVE INVESTMENT SCHEMES Introduction 1 For presentational purposes, the amendments in this document are compared against the version of the MAS
    • SFA 04/13-N01] issued on 1 October 2002 and last revised on 3 October 2018. 2 This document shall be interpreted as follows: (a) Text which is coloured and struck through represents deletion which will not appear in the untracked version of MAS Notice SFA 04/13-N01 revised on
    • MAS
    • Speeches

    Last revised date:

    • The Monetary Authority of Singapore (MAS) recently launched the Private Market Programme under which it will invest US$5 billion of its own funds in the private markets, to strengthen financing channels to support enterprises.
    • I therefore encourage all private sector banks to work with Infrastructure Asia and MAS in this growth area. Sustainability and Green Finance 38.    Next, a few words on sustainability and green finance. 39.    The climate is changing. a. 
    • Understanding institutional investors’ interest in infrastructure as an asset class and banks’ interest to recycle capital to lend to new projects, Infrastructure Asia and MAS are also working to facilitate asset securitisation and take-out financing. Their efforts are showing promise.
    • MAS
    • Monographs/Information Papers

    Last revised date:

    • This collaboration brings together Project Cedar of the Federal Reserve Bank of New Yorks New York Innovation Center (NYIC), and Ubin+ of the Monetary Authority of Singapore (MAS).
    • No decisions as to optimal technical design have been made by the Federal Reserve System and the MAS.
    • The Federal Reserve Bank of New York’s New York Innovation Center (NYIC) and the Monetary Authority of Singapore (MAS) announced Project Cedar Phase II x Ubin+, a joint experiment to investigate how wholesale central bank digital currencies (wCBDCs) could improve the efficiency of cross-border wholesale
    • MAS
    • Media Releases

    Last revised date:

    • The one-and-a-half day Meeting will be opened by Deputy Prime Minister Lee Hsien Loong, Chairman of the Monetary Authority of Singapore (MAS), and chaired by Mr Tharman Shanmugaratnam, Deputy Managing Director (Financial Supervision) of MAS.
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 17 June 2004...Total Assets Under Management (AUM) in Singapore grew strongly, up 35% from last year, according to the 2003 Asset Management survey conducted by the Monetary Authority of Singapore (MAS). 2   The survey results show that Singapore-based financial institutions managed a total
    • Discretionary 1 AUM increased 39% to S$254.6 billion in 2003, while total non-discretionary AUM grew 31% to S$210.6 billion. 3   Mr Ng Nam Sin, Executive Director of MAS' Financial Centre Development Department, said, "The good performance of the asset management industry can be attributed to renewed