Showing 5563 Documents for "MAS"

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    • MAS
    • Enforcement Actions Media Releases

    Last revised date:

    • Joint News Release by Singapore Police Force (SPF) Monetary Authority of Singapore (MAS) Accounting and Corporate Regulatory Authority (ACRA) Singapore, 17 November 2022… The former Chief Executive Officer of Hyflux Ltd (Hyflux), Ms Lum Ooi Lin, its former Chief Financial Officer, Mr Cho Wee Peng, and
    • The charges followed joint investigations carried out by the Commercial Affairs Department of the Singapore Police Force, the Monetary Authority of Singapore and the Accounting and Corporate Regulatory Authority (ACRA) (collectively, the Authorities).
    • MAS
    • Monetary Policy Statements

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    • 11 July 2002 INTRODUCTION 1   At the beginning of 2002, MAS announced that it would maintain a zero per cent appreciation path for the exchange rate policy band, centred on the level of the trade-weighted Singapore dollar nominal effective exchange rate (S$NEER) prevailing at that time. 
    • In view of the benign inflationary environment, and to facilitate continued economic recovery, MAS will maintain its current policy stance of a zero per cent appreciation in the S$NEER for the second half of 2002. *** Related: Past Monetary Policy Decisions
    • Increases in the cost of consumer services and cyclical-sensitive items caused the MAS underlying CPI, which excludes private road transport and accommodation, to also trend up slightly. 10   Looking ahead, imported inflationary pressures are expected to remain low, reflecting the excess capacity that
    • MAS
    • Enforcement Actions Media Releases

    Last revised date:

    • Joint Statement by Commercial Affairs Department, Singapore Police Force Monetary Authority of Singapore Accounting and Corporate Regulatory Authority Singapore, 5 May 2023… Following further investigations by the Commercial Affairs Department (CAD) of the Singapore Police Force, the Monetary Authority
    • of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA), the former Chief Executive Officer of Hyflux Ltd (Hyflux), Ms Lum Ooi Lin, was charged in court today with additional offences under the Companies Act (Cap 50, 2006 Rev.
    • MAS
    • Media Releases

    Last revised date:

    • Authority of Singapore (MAS), said, “This year, SFF has taken an unconventional approach in bringing a diverse set of changemakers to our Web 3.0 agenda.
    • valuable content into a signature knowledge certification programme and a special SME day with an upskilling programme.” 8 Find out more about the SFF, register for a digital pass and enrol for the Web 3.0 Knowledge Certificate in Financial Services at www.fintechfestival.sg . 9 SFF is organised by MAS
    • FDF Agustín Carstens, General Manager, Bank for International Settlements François Villeroy, Governor, Banque de France Ignazio Visco, Governor, Bank of Italy Perry Warijyo, Governor, Bank Indonesia Patrick Njoroge, Governor, Central Bank of Kenya 7 Mr Sopnendu Mohanty, Chief FinTech Officer of the Monetary
    • MAS
    • Speeches

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    • There is strong synergy between the BIS Innovation Hub’s work on a cross-border payments bridge with MAS’ work on foundational digital infrastructures.
    • MAS plans to collaborate with the BIS Innovation Hub to explore opportunities to improve cross-border payments by connecting payment systems to digital identities across borders.
    • As a step in this direction, MAS, together with the central banks of Brunei, Cambodia, Ghana and Kenya, and with support from Mastercard, has published a report on ‘Foundational Digital Infrastructures for Inclusive Digital Economies’ . There are four foundational digital infrastructures.
    • MAS
    • Notices

    Last revised date:

    • Amendment Notes 01 July 2022 MAS Notice FHC-N649 (617 KB) dated 29 June 2022 takes effect.
    • Notes and coins Singapore Government Securities 1 2 3 3a Sukuk (Singapore Sukuk Pte Ltd) 3b MAS Bills 4 Singapore Government Securities held under reverse repo 4a Sukuk (Singapore Sukuk Pte Ltd) held under reverse repo 4b MAS Bills held under reverse repo
    • Alternatively, an FHC may use the aggregation and disaggregation criteria prescribed in MAS Notice 656 to determine which deposits are to be aggregated. 5. Deposits placed by the Singapore government and statutory boards must be aggregated.
    • MAS
    • Speeches

    Last revised date:

    • Since October last year, MAS has been seeking the views of key market participants on how we can facilitate the continued growth of the S$ capital markets. 
    • MAS will lift the requirement that any lending of S$ securities exceeding $5 million has to be fully collateralised by S$ collateral. iii   S$ FX options - Financial institutions may also freely transact S$ FX options with non-resident entities. 
    • MAS had hitherto treated such transactions as forms of S$ lending.  It will no longer do so. ii   Securities Borrowing and Lending (SBL) - Financial institutions in Singapore may now lend any amount S$-denominated securities in exchange for both S$ or foreign currency-denominated collateral. 
    • MAS
    • Speeches

    Last revised date:

    • In Singapore, MAS is working with the industry to enhance the inter-operability of the various e-payment systems in the market to encourage wider adoption.
    • MAS has revised regulations to facilitate the activities of venture capitalists, and to give finance companies greater scope to support small and medium enterprises.
    • This is a standardised QR code which was developed by an industry task-force co-led by MAS and IMDA, and will be adopted by all service providers for scan-and-pay. With the SG-QR, merchants will be able to accept all forms of e-payments via a single low-cost QR sticker.
    • MAS
    • Speeches

    Last revised date:

    • That is why MAS has been emphasising the importance of continuing education and training for financial sector professionals. 
    • In a recent meeting between MAS and the various industry associations active in the financial advisory business, all parties recognised the importance of greater co-operation among industry participants.
    • The committee has completed drafting of local standards, which will be finalised once the international standards are formally adopted. 23   MAS has also been supportive of the Institute of Banking and Finance's FICS initiative.
    • MAS
    • Speeches

    Last revised date:

    • In parallel, MAS is also progressively integrating environmental risk into our supervisory framework and processes, at both the individual firm and system-wide levels. How so? We are: i.
    • MAS, in partnership with the Institute of Banking & Finance, and insurance training agencies such as the Singapore College of Insurance, launched the Talent and Leaders in Finance Programme, or TLF.
    • As we explore the feasibility of these propositions, MAS would like to partner industry partners and experts to co-develop a comprehensive outcome together. b. Asia’s ILS market has also shown good growth potential.