Showing 4746 Documents for "recognised market operator"
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- Singapore, 16 November 2016... The Monetary Authority of Singapore (MAS) today published its “regulatory sandbox” guidelines to encourage and enable experimentation of solutions that utilise technology innovatively to deliver financial products or services. The guidelines incorporate feedback from the public consultation as well as learning points from actual sandbox applications. 2 The guidelines will improve the clarity, flexibility and transparency of the regulatory sandbox in the following
- MAS
- Media Releases
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- Singapore, 30 May 2015…The 20th EMEAP Governors’ Meeting was held in Singapore on 30 May 2015. The eleven EMEAP member central banks and monetary authorities participated in the meeting, which was chaired by Mr Ravi Menon, Managing Director of the Monetary Authority of Singapore. 2 Governors exchanged views on the growth prospects for the EMEAP region and the global economy. They expected that the EMEAP region would remain resilient in the face of an uncertain global economic outlook and eventual
- MAS
- Media Releases
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- Singapore, 21 October 2008...The Monetary Authority of Singapore (MAS) today announced that it is prepared to allow the three local banks incorporated in Singapore to reappoint their current audit firms beyond five years. Currently, DBS Bank Ltd (DBS), United Overseas Bank Limited (UOB) and Oversea- Chinese Banking Corporation Limited (OCBC Bank) are not allowed to appoint the same audit firm for more than five consecutive years, except with the prior written approval of MAS. 2 Banks are devoting
- MAS
- Parliamentary Replies
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- QUESTION NO 1115 NOTICE PAPER 136 OF 2013 FOR WRITTEN ANSWER Date: For Parliament Sitting on 13 May 2013 Name and Constituency of Member of Parliament Ms Mary Liew, NMP Question: To ask the Prime Minister whether Singapore is affected by the banking crisis in Cyprus and what are the financial and regulatory safeguards in place to protect our taxpayers and depositors. Answer by Mr Lawrence Wong, Acting Minister for Culture, Community and Youth on behalf of Mr Tharman Shanmugaratnam, Deputy Prime Minister
- MAS
- Media Releases
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- Singapore, 27 March 2014... The Monetary Authority of Singapore (MAS) announced the following changes to its senior management team: Mrs Foo-Yap Siew Hong, currently Assistant Managing Director (Special Projects) in the Managing Director’s Office, will retire from MAS on 31 March 2014. Mr Lee Chuan Teck, currently Assistant Managing Director (Capital Markets) will be seconded to the Ministry of Transport as Deputy Secretary (Land and Corporate). Mr Lee Chuan Teck will be succeeded by Mr Lee Boon
- MAS
- Media Releases
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- Seoul, 24 October 2016… The Monetary Authority of Singapore (MAS) and the Korean Financial Services Commission (KFSC) today signed a cooperation agreement to foster greater cooperation in FinTech. The signing took place at the sidelines of the FinTech Demo Day organised by the Korean FinTech Centre. 2 The agreement provides a framework for cooperation in FinTech between Singapore and South Korea. Under the agreement, MAS and KFSC will explore potential joint innovation projects on technologies
- MAS
- Media Releases
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- Singapore, 3 September 2010…The Monetary Authority of Singapore (MAS) has issued our responses to feedback received from the public consultation on the proposed enhancements to the Deposit Insurance (DI) Scheme in Singapore, which was published on 25 February 2010. 2 MAS had proposed enhancements to the Scheme to enhance protection for depositors. We received useful feedback from consumers and the industry. After careful consideration, we have decided to proceed with the proposals to expand the
- MAS
- Parliamentary Replies
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- Date: For Parliament Sitting on 21 March 2023 Name and Constituency of Member of Parliament Assoc Prof Jamus Jerome Lim, Sengkang GRC Question To ask the Prime Minister what is the scope of guidance or control on the choice of monetary regime or on the total level of reserves held, that the Government is able to convey to or exercise on MAS as an independent central bank. Answer by Mr Alvin Tan, Minister of State, Ministry of Trade and Industry and Ministry of Culture, Community and Youth, and Board
- MAS
- Letters to Editor
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- We thank Mr Goh Yong Chua for his suggestion of 5 May 2023 that the Monetary Authority of Singapore (MAS) raise the individual limit of $200,000 for the Singapore Savings Bond (SSB) programme. 2 The SSB programme was launched to promote greater participation in the Singapore Government Securities (SGS) market for individuals who lacked familiarity with SGS, and to encourage them to save and invest to meet their long-term financial goals. SSBs allow bond holders to earn a higher interest the longer
- MAS
- Media Releases
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- STATEMENT BY THE PRIVATE BANKING INDUSTRY GROUP Singapore, 14 April 2023…The Private Banking Industry Group (PBIG) in Singapore announced today that, contrary to statements made in a 14 April 2023 article in The Financial Times, the Monetary Authority of Singapore (MAS) has not issued any directive to banks – tacit or otherwise – to avoid discussing the origins of wealth inflows into Singapore. 2 At its most recent meeting on 20 February 2023, the PBIG noted that while public commentary tended to