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- MAS
- Parliamentary Replies
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- QUESTION NO 1068 NOTICE PAPER 669 OF 2021 FOR WRITTEN ANSWER Date: For Parliament Sitting on 14 September 2021 Name and Constituency of Member of Parliament Mr Murali Pillai, MP, Bukit Batok SMC Question: To ask the Prime Minister whether MAS will consider requiring all banks, including digital banks, and payment firms providing services under the Payment Services Act to disclose what they charge as interchange fees for processing credit card or debit card transactions so as to provide for a more
- PDPC
- Commission's Decisions
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- A financial penalty of $58,000 was imposed on Farrer Park Hospital for failing to put in place reasonable security arrangements to protect the personal data in its possession or under its control. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2022] SGPDPC 6 Case No. DP-2007-B6646 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Farrer Park Hospital Pte Ltd Organisation DECISION -------- Farrer Park Hospital Pte
- MAS
- Media Releases
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- The Monetary Authority of Singapore hosted the 55th SEACEN The SEACEN members include Autoriti Monetari Brunei Darussalam, National Bank of Cambodia, People’s Bank of China, Hong Kong Monetary Authority, Reserve Bank of India, Bank Indonesia, The Bank of Korea, Bank of the Lao PDR, Bank Negara Malaysia, The Bank of Mongolia, Central Bank of Myanmar, Nepal Rastra Bank, Bank of Papua New Guinea, Bangko Sentral ng Pilipinas, Monetary Authority of Singapore, Central Bank of Sri Lanka, Central Bank, Chinese
- MAS
- Forms and Templates
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- Form for appointed auditors of licensed payment service providers to express their audit opinions and to submit a copy of the financial statements under the Payment Services Act 2019. Form 4 has been revised on 19 April 2021 to streamline the reporting procedures in relation to audit opinions expressed by appointed auditors of licensed payment service providers. Form 4 has been revised on 10 June 2021 to provide clarity on the submission of the annual balance sheet and profit and loss account, the
- MAS
- Speeches
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- Federal Councillor Karin Keller-Sutter, Ladies and gentlemen, 1. A very good morning, I am happy to make it to the Forum in person this year! a. A year ago, we were gathered here at “point zero” – to take a fresh, cross-sector perspective on the way forward for the digital financial services ecosystem. b. We covered two key issues – harnessing the potential of Web3 technology; and mobilising FinTech to tackle sustainability. c. I spoke about three double helixes for FinTech: i. The Swiss-Singapore
- MAS
- Speeches
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- RESILIENCE IN CRISIS Tim Adams : Good morning to those of you in the United States and late morning in Europe, and good evening to all of you in Asia. Good evening to my dear friend, Ravi Menon, from the Monetary Authority of Singapore. Thank you for joining us. You look great. You seem healthy, happy; and everything is going well in Singapore? Ravi Menon : Well, not too bad actually. Good to see you again, Tim. It's great that the IIF is doing this over five days. A demonstration that life goes
- PDPC
- Public Consultations
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- Response to the PDPC’s Public Consultation on Approaches to Managing Personal Data in the Digital Economy submitted by the Asia Cloud Computing Association (ACCA) 21 September 2017 Contact: Ms Lim May-Ann Executive Director Asia Cloud Computing Association Email: mayann@asiacloudcomputing.org Phone: +65 9847 1950 The Asia Cloud Computing Association (ACCA) is the apex industry association in Asia Pacific that represents stakeholders of the Cloud Computing
- PDPC
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- GUIDE TO SECURING PERSONAL DATA IN ELECTRONIC MEDIUM Published 08 May 2015 Revised 20 January 2017 -------- GUIDE TO SECURING PERSONAL DATA IN ELECTRONIC MEDIUM (revised 20 January 2017) TABLE OF CONTENTS PART 1: OVERVIEW ..................................................................................................................... 3 1 2 Introduction ................................................................................................................... 3 Purpose
- PDPC
- Help & Resources
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- This guide is for persons who are responsible for data protection within an organisation and also persons who supervise or work with infocommunication technology (“ICT”) systems and processes. Some ICT knowledge will be required to understand the terminology and concepts used. This guide seeks to provide information on common topics related to security and protection of personal data stored in electronic medium (or ”electronic personal data”); good practices that organisations should undertake to
- MAS
- Media Releases
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- Project Dunbar developed two prototypes for a shared platform that could enable international settlements using digital currencies issued by multiple central banks. The platform was designed to facilitate direct cross-border transactions between financial institutions in different currencies, with the potential to cut costs and increase speed. The project identified challenges of implementing a multi-CBDC platform shared across central banks and proposes practical design solutions to address them