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    • MAS
    • Parliamentary Replies

    Last revised date:

    • Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1. The Family Office Development Team (FODT) does not track the amount of contributions family offices make to philanthropic activities. 2.
    • MAS continually reviews the conditions of the tax incentive schemes for single family offices to ensure that they contribute to Singapore. We are studying whether tax incentives could be used to encourage philanthropic activity or impact investing. ***
    • MAS
    • Media Releases

    Last revised date:

    • MAS has appointed a Pro-Tem Committee on the new integrated Singapore exchange to oversee the transition process.
    • Mr J Y Pillay, a member of the MAS Board, will chair the Committee. The other members include the Presidents of SES and SIMEX, members of the SES Committee and SIMEX Board, and representatives from other financial institutions. The full list of members is attached.
    • MAS
    • Media Releases

    Last revised date:

    • The MAS Lecture series, which began in 2000, provides a platform for a distinguished member of the international financial community to speak on issues of current interest. 
    • 9 July 2004, Singapore - Dr Zhou Xiaochuan, Governor of the People's Bank of China, will deliver the MAS Lecture on Wednesday, 14 July 2004. Dr Zhou is well-known for the various reforms he has introduced to China's financial industry. 
    • MAS
    • Parliamentary Replies

    Last revised date:

    • Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1.      
    • QUESTION NO 285 NOTICE PAPER 186 OF 2020 FOR WRITTEN ANSWER Date: For Parliament Sitting on 5 January 2021 Name and Constituency of Member of Parliament Mr Don Wee, MP, Chua Chu Kang GRC Question: To ask the Prime Minister with regard to MAS’ announcement that PayNow will be collaborating with Thailand
    • MAS
    • Media Releases

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    • Heng Swee Keat, Managing Director of MAS, will deliver a welcome speech on 22 September 2010. Nout Wellink, President of the Netherlands Bank and Chairman of the Basel Committee on Banking Supervision, will open the conference.
    • Singapore, 20 September 2010…The 16th International Conference of Banking Supervisors (ICBS) will be held in Singapore from 20 to 23 September 2010. 2   Hosted by MAS and jointly organised with the Basel Committee on Banking Supervision (BCBS), the 16th ICBS will see senior officials from central banks
    • MAS
    • Circulars

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    • Reminds all licensed insurers to notify MAS on breaches of regulations, especially events related to compromised customer information. Circular No.
    • ID 10/14 30 September 2014 To Chief Executives All Insurers Dear Sir/ Madam NOTIFICATION TO THE MONETARY AUTHORITY OF SINGAPORE (THE AUTHORITY) ON EVENTS OF SIGNIFICANT IMPACT insurer, impact on the Under the conditions of licence, a licensed insurer must
    • MAS
    • Exemptions

    Last revised date:

    • . 289) (SFA) For the period from 1 April 2014 to 30 June 2014 S/N Exemption granted Exemption provision No. of exemptions provided 2 Section 81U(4) of the SFA Exemption from being Approved Holding Companies (AHC) Description Date of exemption granted 27 June 2014 MAS
    • The exemptions enabled the exempted entities to continue holding shares in the regulated entity subject to conditions that included MAS being notified where any civil or criminal legal proceedings were instituted against the entities or any of its directors, and where any matter
    • MAS
    • Media Releases

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    • Singapore, 5 November 2019...Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) today announced the extension of the USD10 billion bilateral financial arrangement for another year. 
    • MAS
    • Speeches

    Last revised date:

    • MAS accepted all of the recommendations of the Council, with minor modifications, and issued a revised Code of Corporate Governance earlier this year.
    • This is an area that MAS intends to engage the Boards and senior management of financial institutions on. Conclusion 27.   We are making good progress in our corporate governance journey.
    • MAS and SGX will be exploring this in the coming months. 12.   In strengthening market discipline, disclosure is one side of the coin; the other side is the considered exercise of shareholder rights.
    • MAS
    • Media Releases

    Last revised date:

    • JOINT MAS-MND-HDB PRESS RELEASE 1   Market interest rates have risen significantly. They are likely to increase further in future, which will affect borrowing costs for home purchases.
    • For property loans granted by private financial institutions, MAS will raise by 0.5%-point the medium-term interest rate floor used to compute the Total Debt Servicing Ratio (TDSR) and Mortgage Servicing Ratio (MSR).
    • Measures to Ensure Prudent Borrowing Amid Rising Interest Rates Higher Medium-Term Interest Rate Floor to Compute TDSR and MSR 4   MAS will raise by 0.5%-point the medium-term interest rate floor used by private financial institutions to compute a borrower’s TDSR and MSR.