Showing 4746 Documents for "recognised market operator"

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    • MAS
    • Enforcement Actions

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    • Singapore, 15 March 2021… Mr Wong Leon Keat (Mr Wong) was sentenced on 12 March 2021 to a total of eight weeks’ imprisonment Mr Wong filed a notice of appeal against the imprisonment sentences on 12 March 2021. and a fine of $30,000 for false trading and deceiving a brokerage firm while trading in the shares of Gaylin Holdings Limited (Gaylin). He was convicted on 11 February 2021 and his conviction was the result of a joint investigation conducted by the Monetary Authority of Singapore (MAS) and
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 590 NOTICE PAPER 305 OF 2013 FOR WRITTEN ANSWER Date: For Parliament Sitting on 12 August 2013 Name and Constituency of Member of Parliament Mr Chen Show Mao, MP for Aljunied GRC Questions: To ask the Prime Minister (a) when is the most recent MAS stress test conducted for banks in Singapore; (b) whether such stress tests are conducted for foreign banks holding banking licences in Singapore; and (c) whether the results of such stress tests can be released in whole or in part, on an industry-wide
    • MAS
    • Parliamentary Replies

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    • QUESTION NO. 561 NOTICE PAPER NO. 335 OF 2016 FOR WRITTEN ANSWER Date: For Parliament Sitting on 13 September 2016 Name and Constituency of Member of Parliament Mr Zainal Sapari, MP, Pasir Ris-Punggol GRC Question: To ask the Minister for Finance what are the safeguards that financial advisers must observe when selling financial products to vulnerable groups of people especially the elderly and less educated people. Answer by Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge
    • MAS
    • Media Releases

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    •      Singapore, 19 October 2010…MAS has issued today its response to public feedback to its consultation papers issued on 16 June 2009 and 23 June 2009 relating to, among other things, the Representative Notification Framework (RNF), which is targeted for launch on 26 November 2010. 2  Under the RNF, financial institutions (FIs) will have to notify MAS when they intend to appoint a representative to provide financial advisory or capital markets services under the Financial Advisers Act (FAA)
    • MAS
    • Media Releases

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    •  Singapore, 30 March 2011... The Monetary Authority of Singapore (MAS) announced today that Mr Ravi Menon will be appointed Managing Director with effect from 2 April 2011. He takes over from Mr Heng Swee Keat, who will retire from the Administrative Service on 2 April 2011. 2   Mr Heng has made significant contributions to MAS since he joined the organisation as Managing Director on 1 June 2005.  Under his leadership, MAS strengthened supervision of financial institutions in Singapore as well as
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 2892 NOTICE PAPER 1135 OF 2022 FOR ORAL ANSWER Date: For Parliament Sitting on 9 May 2022 Name and Constituency of Member of Parliament Mr Saktiandi Supaat , MP, Bishan-Toa Payoh GRC Question: To ask the Prime Minister in light of rising interest rates (a) whether there has been an increasing trend over the past year in the number of financially-distressed consumers who have sought debt management assistance; (b) whether the Government intends to introduce measures to afford temporary
    • MAS
    • Speeches

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    • The panel, moderated by Gillian Tett (Financial Times), comprised: Kristalina Georgieva, Managing Director, International Monetary Fund Roberto Campos Neto, Governor, Central Bank of Brazil Nirmala Sitharaman, Finance Minister, India Ravi Menon, Managing Director, Monetary Authority of Singapore Watch the full video of the panel discussion here . Summary of remarks by Ravi Menon A crypto asset or token is about digitally representing anything we regard as having value, putting encryption around it
    • MAS
    • Parliamentary Replies

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    • Date: For Parliament Sitting on 5 July 2023 Name and Constituency of Member of Parliament Dr Tan Wu Meng, Jurong GRC Question: To ask the Prime Minister (a) what is the cause of the disruption to DBS Bank's digital banking services and physical ATM services on 5 May 2023; and (b) what is being done to strengthen the reliability and resilience of retail banks with significant market share in Singapore, especially with regard to digital banking services. Answer by Mr Tharman Shanmugaratnam, Senior
    • MAS
    • Media Releases

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    • Singapore, 14 November 2022… The Monetary Authority of Singapore (MAS) and the United Nations Capital Development Fund (UNCDF) have signed a Memorandum of Understanding on 11 November 2022 to jointly develop integrated and digital financial ecosystems for micro, small and medium enterprises (MSMEs) from least developed countries (LDCs). 2 The partnership will help MSMEs enhance their digitalisation capabilities and facilitate greater access to finance through open digital infrastructures. As a start
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 27 May 2022… The Monetary Authority of Singapore (MAS) announced today the launch of the 7th edition of the Global FinTech Hackcelerator, with the theme “Accelerating A Greener Digital Future”. The competition, powered by Oliver Wyman, seeks to leverage the potential of FinTech in accelerating the development of Web 3.0 and Green Finance, in Singapore and the region. 2. FinTech firms and solution providers around the world are invited to submit innovative solutions to address over 50 problem