Showing 4089 Documents for "payment services"
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- MAS
- Media Releases
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- Singapore, 20 November 2019... The Monetary Authority of Singapore (MAS) today issued a consultation paper proposing to allow payment token derivatives to be traded on Approved Exchanges and to regulate the activity under the Securities and Futures Act. 2 There is international institutional investor interest, for example from hedge funds and asset managers, in payment tokens such as Bitcoin and Ether. These institutional investors have a need for a regulated product to gain and hedge their exposure
- MAS
- Notices
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- the payments; (iv) difficulties experienced by the borrower in repaying other credit facilities granted by the same finance company, or by other financial institutions (where such information is available); (v) breach of any key financial covenants by the borrower.
- the payments; (iv) difficulties experienced by the borrower in repaying other credit facilities granted by the same finance company, or by other financial institutions (where such information is available); (v) breach of any key financial covenants by the borrower.
- MAS
- Parliamentary Replies
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- QUESTION NO 1794 NOTICE PAPER 724 OF 2021 FOR ORAL ANSWER Date: For Parliament Sitting on 5 October 2021 Name and Constituency of Member of Parliament Dr Tan Wu Meng, MP, Jurong GRC Question: To ask the Prime Minister regarding the report by MAS that bank customers in Singapore suffered fraudulent credit card transactions following malicious actors' diversion of SMS one-time passwords, whether a retrospective review will be conducted to establish whether additional customers prior to September 2020
- MAS
- Enforcement Actions
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- Singapore, 8 May 2020… The Monetary Authority of Singapore (MAS) has issued prohibition orders ( POs ) against two former bank employees and two former insurance agents for fraudulent and dishonest conduct: Name Duration of POs Mr Kale Jagdish Purushottam, former representative of Barclays Bank PLC, Singapore Branch (“ Barclays ”) 25 years Mr Liaw Tick Kwan, former representative of DBS Bank Ltd and Standard Chartered Bank (Singapore) Limited 10 years Mr Mike Chew Jun Yong, former representative
- MAS
- Forms and Templates
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- services that are provisioned via the Internet.
- Examples include online trading, mobile/digital wallets and payments, financial and payment services offered using account and transaction APIs, online banking, mobile banking, phone banking, etc. Revised 1 October 2021 15 -------- Honesty, Integrity and Reputation 1.
- there is any doubt with respect to any part of this section, please provide all relevant information to demonstrate that the applicant and its shareholders are considered to be fit and proper persons. 1 Online financial services would include trading, banking, insurance, or other financial and payment
- MAS
- FAQs
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- Provides guidance on the regulatory scope of the Trust Companies Act, including licensing and reporting requirements for licensed trust companies, exempt trust companies and exempt persons providing trust services. 01 Mar 2023 FAQs on Trust Companies Act and Trust Companies Regulations last revised on 01 Mar 2023 (228.9 KB) 24 Nov 2022 FAQs on Trust Companies Act and Trust Companies Regulations last revised on 24 Nov 2022 (707.6 KB) 1 Mar 2022 FAQs on Trust Companies Act and Trust Companies Regulations
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback: Legislative Amendments to Unsecured Credit Rules (103.7 KB) Consultation Paper VIEW DOCUMENT Legislative Amendments to Unsecured Credit Rules (466.9 KB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION ON PROPOSED LEGISLATIVE AMENDMENTS TO THE UNSECURED CREDIT RULES Introduction FEEDBACK ON MAS DRAFT RULES 1 1.1 In December 2007, Monetary Authority of Singapore (MAS) and the Ministry of Law (MinLaw) conducted a Joint Public Consultation
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback: Draft Regulations Pursuant to the SFA and the FAA (24.7 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Draft Regulations Pursuant to the SFA and the FAA (50 KB) RESPONSE TO FEEDBACK RECEIVED POLICY CONSULTATION ON DRAFT REGULATIONS PURSUANT TO THE SECURITIES AND FUTURES ACT AND THE FINANCIAL ADVISERS ACT On 23 June 2009, MAS issued a policy consultation paper that proposed new Regulations and amendments to certain existing Regulations
- MAS
- Speeches
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- I thank all companies and agencies that are part of this effort, including PSA International and Trafigura Group. 25. We are now into the next phase of SGTraDex, with plans to expand this digital common over the next few years. a.
- In the past 2 years, MAS has granted licenses and in-principle approvals to 11 digital payment token service providers. b. These include stablecoin players like Paxos, crypto exchanges like Coinhako, and traditional financial institutions like DBS Vickers. c.
- MAS
- Financial Stability Reviews
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- Safe and efficient payment systems also benefit consumers through cost-effective and convenient payment services, thus maintaining public confidence.