Showing 5563 Documents for "MAS"

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    • MAS
    • Regulations

    Last revised date:

    • RAVI MENON Managing Director, Monetary Authority of Singapore. [CMI IB 01/2021; AG/LEGIS/SL/142/2020/9 Vol. 1]
    • S 2 INSURANCE ACT (CHAPTER 142) INSURANCE (APPROVED MARINE, AVIATION AND TRANSIT INSURANCE BROKERS AND APPROVED REINSURANCE BROKERS) (AMENDMENT) REGULATIONS 2021 In exercise of the powers conferred by sections 52(1A) and 64 of the Insurance Act, the Monetary Authority of Singapore makes the following
    • MAS
    • Circulars

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    • All direct life and composite insurers should include such expected tax payments as policy liabilities under Form A1 of Appendix B of MAS Notice 129 on Insurance Returns (Accounts and Statements).
    • Section B of Appendix 5E of MAS Notice 133 on Insurance Valuation and Capital Framework provides for the calculation of the APNGB, in particular, paragraph 2(b) refers to the aggregate of the values of expected payments (EP) arising from non-guaranteed benefits of each participating policy and
    • MAS
    • Monetary Policy Statements

    Last revised date:

    • The outlook for the external economic environment has weakened significantly, especially after 11 September 2001. 2   The outlook for inflation in Singapore remains subdued, in line with the assessment in the MAS Monetary Policy Statement of 12 July 2001. 
    • The MAS has therefore decided to widen the policy band to allow greater flexibility in managing the exchange rate.  The widened policy band will continue to be centred on a zero percent appreciation of the S$NEER. *** Related: Past Monetary Policy Decisions
    • MAS
    • Parliamentary Replies

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    • Authority of Singapore (MAS) in the light of the recent concern over mounting credit card bad debts and calls for more prudence in spending.
    • Parliament Q-494 Dr Amy Khor Lean Suan, MP for Hong Kah GRC __________________________________________________________________________________________________ Question To ask the Deputy Prime Minister and Minister for Finance what is the rationale for the recent relaxation on supplementary cards by Monetary
    • MAS
    • Parliamentary Replies

    Last revised date:

    • QUESTION NO 1051 NOTICE PAPER 650 OF 2021 FOR WRITTEN ANSWER Date: For Parliament Sitting on 13 September 2021 Name and Constituency of Member of Parliament Mr Don Wee, MP, Chua Chu Kang GRC Question: To ask the Prime Minister whether MAS has any plan to increase measures for licensed payment institutions
    • Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS: 1     There are broadly three types of payment cards – credit cards, debit cards and prepaid cards, which may be issued by banks, non-bank credit card issuers (such as American Express and Diners Club), as well as licensed
    • MAS
    • Enforcement Actions

    Last revised date:

    • Singapore, 24 February 2021… The Monetary Authority of Singapore (MAS) has issued four-year prohibition orders (POs) against Mr Lau Man Chun, a former representative of an insurance broker, for dishonest conduct relating to the sale of personal accident (PA) policies.
    • MAS
    • Media Releases

    Last revised date:

    • represents a significant technological advancement, as the science behind its development is a real step change for both polymer substrate and holograms”. 4   For more information on the 50th Anniversary of the Currency Interchangeability Agreement commemorative notes, please visit AMBD’s website or MAS
    • ’ website , download the AMBD App through the Apple App Store or Google Playstore, or view MAS’ video on the commemorative notes. *** Annex Image of the Winning Security Feature The winning security feature is present on both the Brunei Darussalam and Singapore notes. 1 Please refer to the IHMA’s website
    • MAS
    • Parliamentary Replies

    Last revised date:

    • Answer by Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge of MAS: 1   Financial institutions (FIs) are allowed to offer reverse mortgages. 
    • For example, MAS announced in March 2017 that mortgage equity withdrawal loans need not be subject to the total debt servicing ratio (TDSR) framework if the loan amount is less than 50% of the market value of the property. 
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 29 June 2010.....The Monetary Authority of Singapore (MAS) today launched the Singapore 2010 Youth Olympic Games (Singapore 2010) Commemorative Coins.
    • MAS
    • Media Releases

    Last revised date:

    •       Singapore, 13 July 2011…The Monetary Authority of Singapore (MAS) today launched the Singapore 46 years of Independence Commemorative Coins. Coin Design 2   The coin design draws inspiration from the 2011 National Day Parade (NDP) theme, ‘Majulah! The Singapore Spirit’.