Showing 4566 Documents for "economic issues"
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- Singapore, 9 March 2017… The Monetary Authority of Singapore (MAS) today announced the successful conclusion of the proof-of-concept project to conduct domestic inter-bank payments using distributed ledger technology (DLT). The project, in partnership with R3 1 and a consortium 2 of financial institutions, was first announced on 16 November 2016 by MAS. 2. The project has achieved the objectives of producing a digital representation of the Singapore dollar for interbank settlement, testing methods
- MAS
- Financial Stability Reviews
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- The Monetary Authority of Singapore (MAS) conducts regular assessment of risks and vulnerabilities arising from developments in Singapore and the global economy, and assesses their implications on the soundness and stability of Singapore’s financial system. The analysis and results are contained in the Financial Stability Review (FSR), which aims to contribute to a greater understanding among market participants, analysts and the public on issues affecting Singapore's financial system.Main content
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- Connecting India and Singapore INTRODUCTION 1 I am delighted to be here today to address the Standard Chartered Bank's Singapore Conference. 2 We stand on the threshold of a major transformation in Asia. With a combined population of 3 billion people, Asia is the largest and most promising region in the world today. It includes Japan, not fully recovered from its post-bubble malaise, but still the second largest economy in the world, with deep capabilities and advanced technology. It includes
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- Good morning and thank you for joining us today at the launch of MAS’ sustainability report 2022. High quality sustainability disclosure is critical to managing environmental risks and allocating capital to climate risk mitigation. The Task Force on Climate-related Financial Disclosures (TCFD) has issued a set of recommendations for clear, comparable, and consistent disclosures on climate related risks and opportunities. More recently, the International Sustainability Standards Board (ISSB) has published
- MAS
- Media Releases
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- Singapore, 3 February 2020... The Monetary Authority of Singapore (MAS) and the Economic Society of Singapore (ESS) today launched the 18th MAS-ESS Essay Competition. The aim of this year’s competition is to encourage debate on issues related to sustainability in the context of climate change. The title for this year’s competition is “Does environmental sustainability make economic and business sense?”. 2 Essays should be well-researched, informed and provide new analyses and perspectives. Essays
- MAS
- Speeches
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- Mr Patrick Teow, President of LIA Singapore Distinguished Guests Ladies and gentlemen Thank you for inviting me to join the 2018 LIA Annual Luncheon. Allow me to first congratulate the new LIA Management Committee. I last spoke at this event in 2015 on a theme of confidence and resilience of the industry. Last year, my Assistant Managing Director Lee Boon Ngiap spoke on the importance of strong culture and ethics as key drivers of good conduct. Today, I like to build on these themes with the backdrop
- MAS
- Speeches
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- Distinguished guests, Ladies & gentlemen, Good morning. 1. Let me first thank ASIFMA for inviting me to speak at this Renminbi (RMB) Markets Conference. This conference comes at a very timely juncture, given recent focus and attention on key China-related issues, including near-term growth prospects, pace and scope of structural reform, as well as RMB internationalisation. 2. Today, I will focus my remarks on RMB internationalisation. As some of you may know, this is a subject that is close
- MAS
- Speeches
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- Mr George Yeo Singapore Summit Conference Chairman Distinguished guests, ladies and gentlemen Welcome to the inaugural Singapore Summit. I am happy to see so many distinguished participants from around the world here with us this evening. It is a good time and a good place to take stock of developments in Asia and in the world. The last two decades have been a time of tremendous change, excitement and opportunities in Asia and in the world. It has become a more inter-connected and inter-dependent
- MAS
- Media Releases
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- Singapore, 9 December 2013...Over the next three days, a group of 24 officials from the central banks of Cambodia, Lao PDR, Myanmar and Viet Nam (CLMV) will be visiting the Monetary Authority of Singapore (MAS) to share experiences in financial supervision and regulation. 2 The visit is part of a two-year capacity building programme on banking supervision, monetary policy management, macro-prudential surveillance, and payments and settlements systems. The programme is supported by Temasek Foundation
- MAS
- Media Releases
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- OECD Conference to Discuss Insurance Markets and Regulations and Opportunities for Growth 01 Feb 1999... Mr Lim Hng Kiang, Minister for National Development and Second Minister for Finance, today announced the Monetary Authority of Singapore (MAS) will be making legislative amendments to attract specialist financial guarantee insurers to Singapore. 2 Financial guarantee insurers allow an investor to be insured against the possible default of a bond issuer. In the current economic climate, when