Showing 4746 Documents for "recognised market operator"
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- NOTICE PAPER 768 OF 2017 FOR SITTING ON 1 AUGUST 2017 QUESTION NO 556 FOR WRITTEN ANSWER Date: For Parliament Sitting on 1 August 2017 Name and Constituency of Member of Parliament Mr Kwek Hian Chuan Henry, MP, Nee Soon GRC Question: To ask the Prime Minister (a) whether there are any efforts to catalyse reverse mortgages for private housing; and (b) whether there are any guidelines and laws that govern reverse mortgages for private housing including the level of interest charged for reverse mortgages
- MAS
- Letters to Editor
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- Dear Editor I refer to "Light, in the financial dark" (TODAY, 5 December 2006). 2 We agree with the writer that raising market conduct standards in the financial industry requires joint efforts by MAS, financial institutions and consumers. 3 MAS takes the lead in setting disclosure and conduct requirements in the sale of investment products. We actively supervise the industry using a range of supervisory tools. For example, we published our findings from a mystery shopping survey where individuals
- MAS
- Media Releases
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- Singapore, 22 June 2011… The Monetary Authority of Singapore (MAS) has proposed that financial institutions (FIs) provide a Fact Sheet, in a standardised format, when marketing residential property loans to consumers. MAS invited feedback on its proposal, which was published in a consultation paper today. 2 A residential property loan is a long-term financial commitment. The current low global interest rate environment will not continue indefinitely. The Fact Sheet is intended to help consumers
- MAS
- Media Releases
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- Singapore, 25 February 2010...The Monetary Authority of Singapore (MAS) is consulting the public on recommendations to amend and enhance various features of the Deposit Insurance (DI) Scheme in Singapore. 2 As part of our regular review, MAS and the Singapore Deposit Insurance Corporation (SDIC) which administers the DI Scheme, have reviewed it to ensure that it continues to fulfill its primary objective of providing adequate protection to small depositors. 3 The consultation paper proposes
- MAS
- Media Releases
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- Singapore, 1 April 2016… The Monetary Authority of Singapore (MAS) and the National Research Foundation (NRF) announced today that a FinTech Office will be set up on 3 May 2016 to serve as a one-stop virtual entity for all FinTech matters and to promote Singapore as a FinTech hub. 2 The FinTech Office will be co-led by Mr Sopnendu Mohanty, Chief FinTech Officer, MAS, and Mr Steve Leonard, Chief Executive Officer, SG-Innovate, with representatives from The Economic Development Board, Infocomm Investments
- MAS
- Circulars
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- Outlines MAS’ policy review of MAS Notice 757 in May 2004. RMD A4 Vol 7 (RMD Circular No. 25/04) 28 May 2004 DID 65 62299150 Fax 65 62299491 Email rmd@mas.gov.sg To : All Banks in Singapore Dear Sir/Madam MAS NOTICE 757 - 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 facilitate the development of Singapore's capital markets. Following the last revision
- MAS
- Parliamentary Replies
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- QUESTION NO 3096 NOTICE PAPER 1206 OF 2022 FOR WRITTEN ANSWER Date: For Parliament Sitting on 5 July 2022 Name and Constituency of Member of Parliament Mr Gan Thiam Poh, MP, Ang Mo Kio GRC Question: To ask the Prime Minister in view of rising interest rates and the current inflationary environment, whether the prevailing total debt servicing ratio is sufficient to prevent and minimise systemic risk to both financial institutions and borrowers. Answer by Mr Tharman Shanmugaratnam, Senior Minister
- MAS
- Letters to Editor
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- Dear Editor, MAS & SGX: Current rules provide transparency on short selling activities We refer to Mr Tan Song Huat’s letter calling for short sell trades of any size on SGX to be published within 24 hours. (“Shorting on the SGX: Have full transparency on such trades, big or small”, 3 April 2020). We would like to clarify that SGX and MAS already publish information on short sell trades and outstanding short positions respectively. MAS and SGX rules require all persons making short sell orders to
- MAS
- Media Releases
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- Singapore, 8 September 2000... The Monetary Authority of Singapore (MAS) held its second Technology in Finance (TiF) dialogue session on "Security Technologies in Banking and Commerce" this morning at the Raffles Hotel. The half-day event was well-attended by more than 120 participants, comprising mainly senior management and technology professionals from the financial sector, as well as technology companies, telecommunications and Information Technology service providers and government sector.
- MAS
- Media Releases
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- Singapore, 6 September 2004...The Monetary Authority of Singapore (MAS) announced that banks must obtain a written declaration from a borrower on the amount of discount, rebate or benefit received for the purchase of a property when granting a housing loan. 2. The declaration should also include the amount of loans obtained by the borrower from other financial institutions or the seller for the purchase of the property. Buyers will have to disclose these amounts, including any private arrangements