Showing 4089 Documents for "payment services"

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    • MAS
    • Guidelines

    Last revised date:

    • Guidelines for capital markets intermediaries on Notice SFA04-N02 on the prevention of money laundering and countering the financing of terrorism. These guidelines provide guidance to capital markets intermediaries on the requirements in Notice SFA 04-N02 to Capital Markets Intermediaries on Prevention of Money Laundering and Countering the Financing of Terrorism . They should be read in conjunction with the notice. 24 Apr 2015 Previous version dated 24 April 2015 (649.9 KB) [Cancelled] 02 Dec 2009
    • MAS
    • Recent Economic Developments

    Last revised date:

    • Meanwhile, hiring in modern services such as financial & insurance and information & communications should continue given the sustained growth of payment services as well as the ongoing digitalisation drive.
    • MAS
    • Recent Economic Developments

    Last revised date:

    • Meanwhile, hiring in modern services such as financial & insurance and information & communications should continue given the sustained growth of payment services as well as the ongoing digitalisation drive.
    • MAS
    • Media Releases

    Last revised date:

    • Mr Melvyn Low, Head, Global Transaction Banking, OCBC, said, We are excited to take part in Project Orchid with CPF Board to take the digital payment services to new heights by designing and testing a solution that uses the digital SGD and Purpose Bound Money smart contract to facilitate
    • MAS
    • Speeches

    Last revised date:

    • Dr John Williams, President and CEO, the Federal Reserve Bank of San Francisco, Distinguished guests, colleagues, ladies and gentlemen, Good afternoon.  And a warm welcome to Singapore and to the Symposium on Asian Banking and Finance, jointly organised by the MAS and the Federal Reserve Bank of San Francisco. Banking systems have returned to a more stable footing since the Global Financial Crisis. Banks are holding larger capital and liquidity buffers than before. Their return on equity (ROE) continues
    • MAS
    • Parliamentary Replies

    Last revised date:

    • Issues Raised in Parliament Reply to PQ on legislation to facilitate electronic payments Date: For Parliamentary Sitting on 22 Feb 2001 Question: To ask the Deputy Prime Minister whether and when the Government will introduce legislation to facilitate (i) electronic presentation truncation and clearing of cheques and other electronic payment orders; (ii) issue of electronic legal tender; (iii) issue of electronic purses, stored value and payment cards by financially sound institutions other than
    • MAS
    • Parliamentary Replies

    Last revised date:

    • Question No. 329 Notice Paper No. 199 of 2007 For Oral Answer For Parliament Sitting on 27 August 2007 _________________________________________________________________________________________ Question Q329: To ask the Senior Minister in light of the relaxation of minimum annual income for credit card applicants and certain local banks launching or intending to launch credit cards where no minimum annual income is required, what measures will the Monetary Authority of Singapore implement to ensure
    • PDPC
    • Public Consultations

    Last revised date:

    • We see interoperability trend already happening in the payments space – where MAS is seeking to alleviate e- wallets and payment networks fragmentation by building interoperability requirements for payment service providers. 5.
    • We will examine this from our perspective in the Payment Services Industry, hence we will primarily focus on transaction data as the main form of User Activity Data being ported and ask questions pertaining to specific examples. 1.
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 22 June 2006... The Monetary Authority of Singapore (MAS) announced today that the Payment Systems (Oversight) Act 2006 [PS(O)A] will take effect on 23 June 2006. The PS(O)A provides a comprehensive framework for MAS to oversee payment systems and stored value facilities (SVF) in Singapore. The Act was passed in Parliament on 16 January 2006. 2 MAS will also be issuing regulations pursuant to the PS(O)A, and a set of guidelines on SVF. The regulations specify operational requirements
    • MAS
    • Financial Stability Reviews

    Last revised date:

    • Assumes all contributions to CPF OA used to service mortgage payment.
    • Households in the 3rd quintile income group would not need to come up with any cash, given that their OA contributions are more than sufficient to service their mortgage payments.