Showing 4746 Documents for "recognised market operator"
Filter by
Sort by
- MAS
- Letters to Editor
Last revised date:
- Dear Sir I refer to the letter "Dangling gifts to push insurance must be stopped" (BT, 20 Jan 2004). 2 Financial institutions are not prohibited from offering gifts as part of their marketing efforts. However, they are required to comply with the business conduct rules when providing advice or recommending an investment product, as set out in the Financial Advisors Act. Regardless of where the advisory process takes place, financial advisers are required to have reasonable basis for recommending
- MAS
- Media Releases
Last revised date:
- Singapore, 2 August 2017... The staff and management of the Monetary Authority of Singapore (MAS) are saddened to hear that Mr Michael Wong Pakshong, MAS’ first Managing Director, has passed away this morning. MAS conveys its condolences to the family of the late Mr Wong Pakshong. 2 Mr Wong Pakshong was MAS’ Managing Director from 1971 to 1981. He laid the foundations for MAS as a central bank and integrated financial regulator. He helped to steer MAS through its crucial formative years, navigating
- MAS
- Circulars
Last revised date:
- Informs direct life and composite insurers on amendments to MAS Notice 306 - Market Conduct Standards for Life Insurers Providing Financial Advisory Services as defined under the Financial Advisers Act Circular No. ID 02/21 19 February 2021 To Chief Executives All Direct Life and Composite Insurers Dear Sir/Madam AMENDMENTS TO MAS NOTICE 306 Yours faithfully [sent via MASNet] DANIEL WANG EXECUTIVE DIRECTOR INSURANCE DEPARTMENT
- MAS
- Notices
Last revised date:
- Requirements for specified predominantly banking designated financial holding companies (predominantly banking DFHCs) to disclose information about their liquidity coverage ratio (LCR), and information relating to their internal liquidity risk measurement and management framework. This notice applies to all financial holding companies that – (a) have a subsidiary that is a bank incorporated in Singapore; (b) are predominantly banking DFHCs; and (c) are internationally active designated financial
- MAS
- Media Releases
Last revised date:
- Singapore, 12 December 2019… The Monetary Authority of Singapore (MAS) today announced that it has revoked the Capital Markets Services (CMS) Licence of CT Bright Investment Pte. Ltd. (CTBI) with effect from 9 December 2019, due to numerous breaches of MAS’ rules and licence conditions. CTBI also failed to respond to or comply with MAS’ written direction to address the breaches and to strengthen its internal controls to prevent recurrence. CTBI is no longer permitted to carry on business in fund
- MAS
- Media Releases
Last revised date:
- Singapore, 29 January 2019… The Monetary Authority of Singapore (MAS) warns members of the public not to be misled by fraudulent websites that solicit investments in cryptocurrencies using fabricated information attributed to the Singapore Government. These websites falsely claim that Singapore is adopting a cryptocurrency as its official coin. They also claim that a firm has been appointed exclusively to market this cryptocurrency. The sites ask readers to provide their personal and financial details
- MAS
- Staff Papers
Last revised date:
- MAS Staff Paper No. 30, May 2004 - By Ng Yi Ping, Tu Suh Ping, Edward Robinson and Choy Keen Meng Abstract This paper examines the information content in Singapore and foreign electronics indicators with a view to forecasting domestic electronics output. Our aim is to develop a summary index of activity that can be used to predict turning points in the global electronics cycle, as well as to generate quantitative forecasts of the local electronics industry's performance. For this purpose, indicators
- MAS
- Media Releases
Last revised date:
- Singapore, 4 January 2005...The Monetary Authority of Singapore (MAS) released a new semi-annual publication, the Financial Stability Review (FSR). 2 The FSR analyses the risks and vulnerabilities arising from developments in Singapore and the global economy and its implications for the soundness and stability of the financial system. Specifically, it assesses the health of the financial and non-financial sectors and their ability to withstand potential macroeconomic and financial shocks. The FSR
- MAS
- Media Releases
Last revised date:
- Beijing, 21 October 2019… The Monetary Authority of Singapore (MAS) and the China Banking and Insurance Regulatory Commission (CBIRC) today reaffirmed their commitment to deepen supervisory cooperation. MAS’ Deputy Managing Director Mr Ong Chong Tee and CBIRC’s Vice Chairman Mr Liang Tao signed the CBIRC-MAS Supervisory Memorandum of Understanding (MOU) to enhance supervisory cooperation and facilitate exchange of information between MAS and CBIRC in the areas of banking and insurance supervision
- MAS
- Letters to Editor
Last revised date:
- Dear Sir I refer to "Let's not make an Opera out of IPOs" (BT, June 28) is incorrect in claiming that poison pen letters have caused unnecessary delays in the public offering process of many companies. 2 MAS carefully assesses the merits of any comments we receive before deciding whether follow-up action is necessary. We do not act on feedback that is unsubstantiated or malicious. Of the comments that we receive through OPERA, only a small percentage are complaints that require follow-up. 3