Showing 4746 Documents for "recognised market operator"
Filter by
Sort by
- MAS
- Consultations
Last revised date:
- This consultation paper sets out MAS' proposed legislative changes relating to contingency reserves for trade credit, political risk and mortgage insurance. Response VIEW DOCUMENT Response to Feedback: Proposed Revisions to the Regulatory Framework for Trade Credit Insurance Political Risk Insurance and Mortgage Insurance (245.3 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Revisions to the Regulatory Framework for Trade Credit Insurance, Political Risk Insurance and Mortgage
- MAS
- Speeches
Last revised date:
- Ms Susan Soh, Chair of IMAS, Mr Steven Yankelson, Head of ASEAN for Bloomberg, Ladies and Gentlemen I am very happy to join you this morning. It is an important conference, both because it’s IMAS’ 25th anniversary, and importantly because of the theme that you're focusing on – investing for a green future. Let me put this in the context of the era of profound uncertainty and fragility that the world has entered. Investing for the future has become a much more complex game. It's more complex than
- MAS
- Annual Reports
Last revised date:
- C M Y CM MY CY CMY K Monetary Authority of Singapore ANNUAL REPORT 2002/2003 -------- C M Y CM MY CY CMY K Singapores development as an international financial centre began in the late 1960s. Over the years, its sound economic and financial fundamentals, conducive regulatory and business environment, strategic location, skilled and educated workforce, excellent telecommu- nications and infrastructure, and high living standards have attracted many reputable international financial institutions
- MAS
- FAQs
Last revised date:
- Provides clarifications to some frequently asked questions on the Payment Services Act. Additional Document Infographic on the Payment Services Act 2019 (1.45 MB) 31 March 2021 FAQs - Payment Services Act last revised on 31 March 2021 (389.9 KB) . Monetary Authority of Singapore PAYMENT SERVICES ACT 2019 FREQUENTLY ASKED QUESTIONS (FAQs) ON THE PAYMENT SERVICES ACT (PS ACT) Disclaimer: These FAQs are meant to provide guidance to industry participants, in particular potential
Q&A covered- What is "limited purpose e-money"?
- What constitutes a "person outside Singapore" for the purposes of cross border money transfers?
- Does the calculation of the SPI threshold for e-money issuance include e-money that has already been spent?
- Do Technology Risk Management (TRM) measures apply to merchant acquirers?
- How is account issuance regulated under the PS Act different from the previously regulated payment services?
- What is interoperability and why is it necessary for Singapore’s e-payment ecosystem?
- Is a fiat on-ramp service required to safeguard the cryptocurrency purchased with fiat?
- How does MAS regulate AML/CFT measures for DPT service providers?
- Is all e-money regulated?
- E-wallet providers are prohibited from providing cash withdrawal services. Would this inability to withdraw cash discourage customers from using e-wallets?
- What requirements are non-bank credit cards or charge cards issuers subject to under the Payment Services Act?
- What is an e-wallet?
- Regulations relating to e-money stored in e-wallets
- When is an account issuance service provider also considered a merchant acquisition service?
- Why is it necessary to regulate the provision of an e-wallet as a separate activity from the issuance of e-money? Are they not the same?
- Is an e-wallet top up service an account issuance service?
- AML/CFT requirements for custodian wallet services
- Which regulated activities are typically associated with e-wallet businesses?
- When are e-wallet services considered "low risk"?
- Why are e-wallet providers prohibited from providing cash withdrawal services?
- What are some examples of entities that provide merchant acquisition services?
- What regulations are typically associated with e-money transfers?
- Do non-bank credit card or charge card issuers require a license under the Payment Services Act?
- The payment services of domestic money transfer, cross border money transfer and merchant acquisition appear to overlap. Is that intended?
- MAS
- Speeches
Last revised date:
- Special Address by Ms Luz Foo Executive Director, Monetary Authority of Singapore At the 8th ASEAN Insurance Congress 2011 23 November 2011, Pan Pacific Hotel Distinguished guests, 1 Good morning and a very warm welcome. I would like to thank AITRI and the ASEAN Insurance Council for inviting me today to this biennial event held in conjunction with the ASEAN Insurance Council meetings. Singapore is very pleased to host this year’s ASEAN Insurance Council Meeting and ASEAN Insurance Regulators
- MAS
- Notices
Last revised date:
- Enterprise risk management (ERM) requirements and guidelines for licensed insurers. This notice applies to all licensed insurers, except captive insurers and marine mutual insurers. It sets out the ERM requirements and guidelines for insurers to identify and manage interdependencies between key risks, and how these are translated into management actions related to strategic and capital planning matters. Amendment Notes 30 Sep 2022 MAS 126 (Amendment) 2022 (553.4 KB) takes effect from 1 Jan 2023 05
- MAS
- Speeches
Last revised date:
- Keynote Speech by Ms Teo Swee Lian, Deputy Managing Director, Prudential Supervision, MAS at Payments Asia Summit 2008 Tuesday 29th January 2008, Sheraton Towers Singapore Payment Systems in Asia – What is in the Regulators’ Field of vision? Part I: Introduction 1. Good morning Mr Chris Skinner, Chairman, ladies and gentlemen. I would like to thank ICBI for inviting me to the inaugural Payments Asia Summit 2008. I am pleased to speak at this important event, on the topic of the Regulators’ field
- MAS
- Media Releases
Last revised date:
- Second Reading Speech by Mr Lee Hsien Loong, Deputy Prime Minister, Minister for Finance and Chairman, Monetary Authority of Singapore Mr Speaker Sir, I beg to move, "That the Bill be now read a second time". Introduction 2 The global financial and regulatory landscape has undergone significant changes in recent years. The management of risk has become more complex. Changing economic conditions and greater market volatility have also increased the risks faced by financial systems. To enable
- MAS
- Acts
Last revised date:
- This Act applies to financial institutions i.e. bank merchant bank finance company financial institution approved under the FSMA Payment Services Act licensee insurer insurance intermediary financial adviser approved holding company, approved exchange, recognised market operator, licensed trade repository
- PDPC
Last revised date:
- CLOSING NOTE FOR ADVISORY GUIDELINES 24 SEPTEMBER 2013 1 -------- 3 Part I ........................................................................................................................... 3 1 Background and Introduction ............................................................................... 3 Part II: Overview of Key Issues .................................................................................. 5 2 Whether failure to opt-out constitutes valid consent