Showing 4746 Documents for "recognised market operator"

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    • MAS
    • Letters to Editor

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    •  Dear Sir, I refer to "Pushing structured deposits, despite poor returns" (Today, 9 October 2004). 2   MAS has given banks until 1 June 2005 to comply with our recently issued Guidelines on Structured Deposits.  This transition period allows time for termsheets and marketing materials to be amended to ensure they disclose all relevant product information including the nature of the investment, risks involved, fees and charges and benefit illustrations under worst case scenarios. Banks might need
    • MAS
    • Letters to Editor

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    •  Dear Sir We refer to "Banks not best body to give credit advice" (ST Forum, 22 December 2004). 2   MoneySENSE is a national programme that brings together collaborative efforts by private, public and people sectors, including the financial planning associations mentioned by Mr Leong, to enhance the basic financial literacy of consumers.  We have established procedures to ensure that MoneySENSE programmes are objective and do not promote any specific commercial interest. 3   The articles mentioned
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 1600 NOTICE PAPER 1003 OF 2022 FOR WRITTEN ANSWER Date: For Parliament Sitting on 28 February 2022 Name and Constituency of Member of Parliament Mr Don Wee, MP, Chua Chu Kang GRC Question: To ask the Prime Minister whether MAS has plans to introduce grants that support banks in developing green and sustainability-linked liabilities frameworks so as to take in green deposits to fund banks' green and sustainability related loans. Answer by Mr Tharman Shanmugaratnam, Senior Minister and
    • MAS
    • Media Releases

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    • Singapore, 29 March 2006...The first MoneySENSE Roadshow will take place from 31 March to 2 April 2006 at HDB Hub 6.   Mr. Tharman Shanmugaratnam, Minister for Education and Deputy Chairman of the Monetary Authority of Singapore (MAS) will launch the event together with some new MoneySENSE programmes. 2   The MoneySENSE 2006 Roadshow will focus on financial education by active participation in a series of fun games and activities suitable for the whole family. 3   Highlights of the MoneySense Roadshow
    • MAS
    • Media Releases

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    •     Singapore - The Association of Banks in Singapore (ABS) and MoneySENSE today announced the launch of a two-year programme aimed at driving home the habit of saving to all primary school students in Singapore. The programme, entitled “Saving – the Sensible Habit”, teaches students the difference between “needs” and “wants” and the virtues of living within your means and saving for a rainy day. 2   The programme features a 30-minute interactive skit performed by well known local theatre group
    • MAS
    • Letters to Editor

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    •  Dear Editor I refer to recent letters to the media on the issue of fixed deposit rates. The Monetary Authority of Singapore (MAS) does not see the setting and offering of fixed deposit rates as an issue for which we should set regulatory rules. Rather, we view this primarily as a matter of good business practice and customer service. We believe the boards and senior management of financial institutions should regard good, fair customer outcomes as a critical part of the way they do business. The
    • MAS
    • Media Releases

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    •   Singapore, 10 June 2011... The Monetary Authority of Singapore (MAS) announced that Mr Lawrence Wong Shyun Tsai, Minister of State for Ministry of Education and Ministry of Defence, has been appointed to its Board of Directors. Mr Wong’s term of appointment will be from 10 June 2011 to 31 May 2013. 2   Mr Wong started his public sector career in the Ministry of Trade and Industry in August 1997.  He joined the Administrative Service in January 2002 and was appointed Chief Executive of the Energy
    • MAS
    • Letters to Editor

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    • 18 June 2014 The Editor ST Forum Dear Editor, We refer to the letter “Time to review Financial Advisers Act” by Mr Martin Lee (The Straits Times, 9 June 2014), who asked under what circumstances would a person be considered as a “financial adviser”. The Financial Advisers Act (FAA) defines “financial adviser” as a person who carries on a business of providing any financial advisory service.  In determining if a person is carrying out such a business, MAS takes into account whether opinions or recommendations
    • MAS
    • Media Releases

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    • Singapore, 28 February 2013... The Monetary Authority of Singapore (MAS) announced that Mr Quek See Tiat will be appointed to its Board of Directors.  Mr Quek’s term of appointment will be from 1 March 2013 to 31 May 2015.  Mr Quek is the Chairman of the Building and Construction Authority, and is also a Board Member of the Energy Market Authority and Neptune Orient Lines Group.  He was formerly the Deputy Chairman of PricewaterhouseCoopers Singapore. 2   Mr Lucien Wong 1 , Chairman and Senior Partner
    • MAS
    • Circulars

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    • Outlines MAS’ policy review of MAS Notice 816 in May 2004. RMD A4 Vol 7 (RMD Circular No. 27/04) 28 May 2004 DID 65 62299150 Fax 65 62299491 Email rmd@mas.gov.sg All Finance Companies in Singapore Dear Sir/Madam MAS NOTICE 816 - LENDING OF SINGAPORE DOLLAR TO NON-RESIDENT FINANCIAL INSTITUTIONS Since 1998, MAS has progressively liberalised our policy on the non-internationalisation of the Singapore Dollar ("S$") to