Showing 5563 Documents for "MAS"

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    • MAS
    • Notices

    Last revised date:

    • Amendment Notes 17 May 2013 MAS Notice 504 (Amendment) 2013 (105.6 KB) takes effect.
    • : MAS 504 (Amendment) 2013 : 17 May 2013 Notice No Issue Date REPORTING OF MISCONDUCT OF BROKING STAFF BY INSURANCE BROKERS Introduction 1 (Cap 142) ["the Act"] and amends MAS 504 on Reporting of Misconduct of Broking Staff by Insurance Brokers [the Existing
    • MAS
    • Exemptions

    Last revised date:

    • The entity is restricted to dealing only with institutional investors and is required to notify MAS of any material changes to its business model.
    • provision No. of exemptions provided Date of exemption granted Description 8 Section 99(1)(h) of the SFA, read with section 337(2) of the SFA Exemption from requirement to hold a Capital Markets Services (CMS) licence for fund management 7 May 2019 and 28 June 2019 MAS
    • shareholders, and do not manage any monies belonging to non- related parties. 1 -------- S/N Exemption granted Exemption provision No. of exemptions provided Date of exemption granted Description 1 Section 99(1)(h) of the SFA, read with section 337(2) of the SFA 2 May 2019 MAS
    • 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.
    • MAS expects banks to treat customers fairly in all cases of disputes over unauthorised transactions. The banks must consider whether they have fulfilled their obligations, and whether customers have done their part in protecting their accounts.
    • MAS
    • Monographs/Information Papers

    Last revised date:

    • Authority of Singapore Sopnendu Mohanty Chief Fintech Officer Monetary Authority of Singapore Damien Pang Director Monetary Authority of Singapore Lizhi Chen Deputy Director Monetary Authority of Singapore Nicholas Chan Deputy Director Monetary Authority of Singapore Jeremy Hor Deputy
    • The Monetary Authority of Singapore (MAS) and the Bank of Canada (BOC), together with JP Morgan and Accenture, embarked on the Jasper-Ubin Project, a technology-based experiment to realize this all-or-nothing guarantee through an atomic transaction for a Canadian Dollar (CAD) - Singapore Dollar (SGD)
    • Director Monetary Authority of Singapore Wee Kee, Toh Assistant Director Monetary Authority of Singapore Yi Meng, Lau Secondee from Ngee Ann Polytechnic Hongkong And Shanghai Banking Corporation Kristine A Cheesman SVP, Strategic Transformation & Innovation Hongkong And Shanghai Banking Corporation
    • MAS
    • Media Releases

    Last revised date:

    • Singapore to chair the IOSCO Asia-Pacific Regional Committee Singapore, 21 May 2004...The Monetary Authority of Singapore (MAS) today announced that Mr Koh Yong Guan, Managing Director, MAS has been elected as Chair of the Asia Pacific Regional Committee (APRC) of the International Organisation of Securities
    • MAS
    • Media Releases

    Last revised date:

    • The official website for Singapore 2006, www.singapore2006.org , also went "live." 2   The logo was launched at an event hosted by the Monetary Authority of Singapore (MAS), aimed at fostering closer interaction with the finance community. 3   Singapore Cultural Medallion recipient, artist Chua Ek Kay
    • The committee comprises senior officials from the Ministry of Finance, MAS, other ministries and statutory boards.  Please refer to Annex A (78.4 KB) for information on the Annual Meetings of the IMF and World Bank Group.
    • MAS
    • Enforcement Actions

    Last revised date:

    • Under section 232 of the SFA, MAS may enter into an agreement with any person for that person to pay, with or without admission of liability, a civil penalty for contravening any provision of Part XII of the SFA.
    • Civil Penalty Action taken against Kunye Tagi Singapore, 11 May 2018… Following a joint investigation by the CAD and MAS, civil penalty action has been taken against Ms Kunye Tagi for insider trading in the shares of Genting Singapore PLC (Genting). 2         On 14 May 2015, Genting announced its financial
    • The sale of the shares enabled Ms Tagi to avoid a loss of $13,625. 4         Ms Tagi has admitted to contravening the insider trading provision under section 218(2)(a) of the Securities and Futures Act, and has paid MAS a civil penalty of S$50,000 without court action. ***** Additional information (A
    • MAS
    • Parliamentary Replies

    Last revised date:

    • MAS has put out financial education messages targeted at policyholders on the risks or disadvantages associated with surrendering or selling their life insurance policies.
    • Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1.      The percentage of life insurance policies surrendered averaged 1.1% per year during 2017 to 2019. In the first three quarters of 2020, the percentage of policies surrendered was about 0.7%. 2.      
    • Parliament Sitting on 4 January 2021 Name and Constituency of Member of Parliament Mr Murali Pillai, MP, Bukit Batok SMC Question: To ask the Prime Minister (a) over the past three years, what has been the percentage of life insurance policies that have been surrendered on a per year basis; and (b) whether MAS
    • MAS
    • Media Releases

    Last revised date:

    • MAS will continue to work with FIs to enhance their ability to operate in a pandemic and remain resilient against any resurgence of COVID-19 infections. ***
    • Authority of Singapore (MAS) strongly encourages FIs and their customers to continue using digital financial services and e-payments as much as possible. 4     The financial industry has continued to provide a high level of service to its customers throughout the Circuit Breaker period and the Phase
    • Management measures including wearing of masks, practising safe distancing, and using SafeEntry For meetings at places without SafeEntry, FIs should maintain a record of the meetings to facilitate contact tracing. . 3     Even as customers of FIs will have expanded access to in-person services, the Monetary
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 25 February 2013 … The Monetary Authority of Singapore (MAS) will re-introduce 1 financing restrictions on motor vehicle loans granted by financial institutions. 2   The maximum motor vehicle loan amount will depend on the open market value (OMV) of the motor vehicle purchased: (i) For a motor
    • They will also not apply to loans for the purchase of motorcycles. 5   The rules will take effect from 26 February 2013. 4 1 MAS previously had in place financing restrictions on motor vehicles loans, from February 1995 to January 2003. 2 For re-financing facilities, only the cap on loan tenure applies