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    • MAS
    • Media Releases

    Last revised date:

    •  The inaugural MAS-ESS Essay Competition 2001 was held last year on the theme of East Asia in the New Economy: Opportunities and Challenges.
    • College) Third Prize Essay (30.2 KB) : ($500) Melvin Koh (Hwa Chong Junior College) Open Category First Prize Essay (52.8 KB) : ($8,000) Donghyun Park (NTU) Second Prize Essay (69.6 KB) : ($4,000) Edwin Heng Mok Han (Singapore Exchange Ltd) Third Prize Essay (68 KB) : ($2,000) Colin Toh (currently with MAS
    • MAS
    • Letters to Editor

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    • (Straits Times forum, 3 Feb 2007). 2   MAS introduced the $10 polymer note in 2004.  Only $100 million worth of $10 polymer notes were printed and issued at the time. 
    • Our intention was to gauge how the public, as well as ATMs and other machines would accept these notes. 3   As the response was good, MAS proceeded to issue polymer notes for mass circulation in 2006. 
    • MAS
    • Media Releases

    Last revised date:

    •  Comments by MAS Spokesperson on Developments in Various Jurisdictions : Over the past week, various jurisdictions have announced extraordinary measures to bolster confidence in their financial systems. In Singapore, our financial system remains stable and robust.
    • Nonetheless, MAS is assessing the impact of the extraordinary measures taken elsewhere. We will take the necessary steps to ensure that banks in Singapore are not disadvantaged and are able to operate on an equal footing with other banking systems internationally.
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 3 September 2005...A delegation comprising Ministers, Central Bank Governors and senior officials from the region, as well as from the IMF and the Asian Development Bank called on Mr Goh Chok Tong, Senior Minister and Chairman, Monetary Authority of Singapore today at the Istana.
    • The delegates from 14 Asian economies had attended a highlevel seminar on Asian regional financial integration which was jointly hosted by the Monetary Authority of Singapore and the International Monetary Fund (IMF). 2  During the call, the leaders expressed optimism towards the economic prospects of
    • MAS
    • Letters to Editor

    Last revised date:

    • While e-platforms that improve the distribution channels into SGS secondary markets have emerged, MAS is also exploring other initiatives to make purchasing and holding of SGS more convenient for retail investors. Angelina Fernandez Director (Communications)
    •  Dear Editor 1   I refer to 'Make it easier to invest in government bonds' (ST Forum, 19 January 2007). 2   The Monetary Authority (MAS) would like to see further development of the Singapore Government Securities (SGS) retail market. 3   We have taken several steps to facilitate this. 
    • MAS
    • Bond and Bills

    Last revised date:

    • MAS will continue to monitor market conditions and calibrate issuance sizes to facilitate an 1
    • Market conditions have been supportive, driven by an increased demand for high quality liquid assets from financial institutions. 3 MAS intends to maintain a similar pace of growth for SGS bonds in 2019, subject to prevailing market conditions.
    • MAS
    • Notices

    Last revised date:

    • Requirements for financial advisers to lodge a report to the Monetary Authority of Singapore (MAS), upon discovery of misconduct committed by their representatives. This notice applies to all licensed financial advisers and exempt financial advisers.
    • MAS
    • Parliamentary Replies

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    • Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1. MAS imposes on external asset managers the same stringent regulatory standards for anti-money laundering and countering the financing of terrorism that it imposes on banks.
    • MAS
    • Media Releases

    Last revised date:

    • MAS and the Bank for International Settlements (BIS) today announced that they will be co-hosting an informal meeting of central bank governors in Singapore on 10 January 2000. As part of its policy of global outreach, the BIS routinely organises meetings in different parts of the world.
    • in the meeting is global and the following institutions are expected to be represented: Reserve Bank of Australia, People's Bank of China, European Central Bank, Hong Kong Monetary Authority, Reserve Bank of India, Bank Indonesia, Bank of Japan, Bank Negara Malaysia, Central Bank of the Philippines, Monetary
    • MAS
    • Letters to Editor

    Last revised date:

    •  Dear Sir, I refer to "Coins are my bane" (Streats, 13 Dec 2004). 2   MAS charges banks $3.50 per 1000 pieces of coins deposited. 
    • MAS' appointed agent, the Singapore Mint, charges rates that are lower than the banks.  The Singapore Mint does not levy charges for exchange of coins for notes up to S$300.