Showing 4746 Documents for "recognised market operator"
Filter by
Sort by
- MAS
- Media Releases
Last revised date:
- Singapore, 12 December 2022… The Monetary Authority of Singapore (MAS) and the China Banking and Insurance Regulatory Commission (CBIRC) enhanced their close ties and welcomed further exchanges to advance supervisory cooperation at the 12th bilateral roundtable held on 2 December 2022. 2 The meeting, co-chaired by MAS' Deputy Managing Director (Financial Supervision), Ms Ho Hern Shin, and CBIRC’s Vice Chairman, Mr Zhou Liang, discussed the recent regulatory and supervisory developments in the banking
- MAS
- Media Releases
Last revised date:
- Singapore, 21 May 2018…The Bank of Japan (BOJ), acting as agent for the Minister of Finance of Japan, and the Monetary Authority of Singapore (MAS) renewed the existing Bilateral Swap Arrangement (BSA) between the two countries today. The arrangement enables the authorities in Japan and Singapore to swap their local currencies in exchange for US dollars from each other in times of need. In addition, the renewal of the BSA also allows for Singapore to obtain Japanese yen to meet possible liquidity
- MAS
- Media Releases
Last revised date:
- MAS welcomes the initiative from the Securities Investors Association Singapore (SIAS) to advise investors on some of the key points they should consider when they hear back from their financial institution (FI) as to the outcome of their complaint on their purchase of Lehman Minibond Notes, DBS High Notes 5 and Merrill Lynch Jubilee Series 3 Link Earner Notes. SIAS has put out its advisory following discussions with MAS. (Click here to view SIAS' advisory) The advice is well thought through and
- MAS
- Media Releases
Last revised date:
- Comments by MAS Spokesperson on Lehman Brothers Minibond Programme: "MAS has received queries from the public on structured notes arranged by Lehman Brothers under its Minibond programme. MAS has been in contact with the Trustee for the notes, HSBC Institutional Trust Services (Singapore) Ltd. The Trustee has the power to enforce the rights of the noteholders. The Trustee has announced that in its capacity as trustee, it is focused on safeguarding the interests of the investors and is engaging legal
- MAS
- Media Releases
Last revised date:
- Singapore, 24 September 2012…The Monetary Authority of Singapore (MAS) has directed banks that are on the Association of Banks in Singapore (ABS) rates setting panels to review their processes for setting rates for Non Deliverable Forward foreign exchange contracts (NDFs). This is an extension of the scope of the independent reviews of rates setting processes that banks are currently undertaking. MAS has directed the banks to report immediately any irregularities they uncover, and to take appropriate
- MAS
- Media Releases
Last revised date:
- Singapore, 2 April 2013…The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) have signed a Memorandum of Understanding (MOU) on Renminbi (RMB) Business Cooperation. Under the MOU, MAS and PBC will cooperate closely in reviewing the conduct of RMB businesses and clearing arrangements in Singapore. The two central banks also agree to establish a regular dialogue to review RMB liquidity conditions and discuss issues concerning the stability of the RMB market. 2 PBC has also
- MAS
- Media Releases
Last revised date:
- Singapore, 8 October 2016… The Monetary Authority of Singapore today announced that Singapore has maintained its current US$4 billion loan commitment to the International Monetary Fund (IMF) until end 2020, as part of the US$340 billion committed by 25 IMF member countries to safeguard global economic and financial stability during the period. 2 Singapore made its initial loan commitment in April 2012 as part of the international effort to ensure the IMF has adequate resources to meet potential
- MAS
- Media Releases
Last revised date:
- Singapore, 28 September 2010... MAS has issued its response to the Consultation Paper on the Review of the Regulatory Regime for Fund Management Companies and Exempt Financial Intermediaries, which was published on 27 April 2010. 2 The industry feedback we received on the proposed regulatory changes for the fund management industry was largely positive. Fund managers agreed with our approach to calibrate the level of regulatory and capital requirements for different categories of fund managers
- MAS
- Media Releases
Last revised date:
- Singapore, 24 January 2014... The Monetary Authority of Singapore (MAS) announced today that eligible financial institutions can submit applications for the Renminbi Qualified Foreign Institutional Investor (RQFII) licence that will enable these institutions to offer RMB investment products and invest offshore RMB into China's securities markets. The applications are to be made to the China Securities Regulatory Commission (CSRC) via approved custodian banks. All Singapore-incorporated financial
- MAS
- Media Releases
Last revised date:
- Singapore, 5 December. In June last year, the Monetary Authority of Singapore (MAS) called on major banks active in the retail market to put together a Basic Bank Account (BBA). Increasing competition had put pressure on these banks to recover some of the cost of providing banking services to small depositors. With a BBA in place, banks cannot opt out of servicing the basic banking needs of lower income Singaporeans. MAS welcomes ABS' announcement of the features of the BBA. The 22 transactions