Showing 5563 Documents for "MAS"
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- For the financial sector, MAS is developing ideas with financial institutions and industry associations to develop a better trained and more effective financial sector workforce.
- MAS
- Speeches
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- This was followed by MAS and the People’s Bank of China signing an enhanced bilateral currency swap agreement in April. 14 The appointment of a Renminbi clearing bank in Singapore brings new functionality to the Singapore financial system.
- MAS
- Speeches
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- Some of you are probably aware that MAS has recently entered into an FX swap arrangement with the US Federal Reserve, along with 13 other central banks.
- MAS
- Speeches
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- On this note, MAS is pleased to support the recent revision to the Singapore Stewardship Principles (“SSP”) which is an industry led initiative spearheaded by the Stewardship Asia Centre.
- MAS
- Speeches
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- The Monetary Authority of Singapore intends to do all of the above. The NGFS is providing thought leadership on the role of financial regulators with respect to financial institutions’ transition plans and transition planning process.
- PDPC
- Public Consultations
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- Thirdly, organisations regulated by other laws and sectoral regulations are already required to provide risk and impact assessments to the relevant regulators, such as under the Technology Risk Management Guidelines issued by the Monetary Authority of Singapore (“MAS”).
- For example, under the MAS Notice 127, financial institutions are required to notify the MAS as soon as possible but not later than 1 hour of an event involving a system which compromises A34715893/2.12 Page 7 of 9 -------- the security, integrity or confidentiality of customer information.
- If a data breach of this nature occurs, the organisation would need to notify the MAS within 1 hour (i.e. within the same time frame and in accordance with the notification requirements under MAS Notice 127), even though the current proposed allowable notification time frame under the PDPA regime
- PDPC
- Public Consultations
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- As cited in the Consultation Paper, banks are already required to notify MAS of relevant incidents as defined in MAS Notice 644.
- Hence, to avoid duplication of reporting, we would like to request for PDPA’s data breach notification requirement to be aligned with MAS 644, by reporting such incidents to MAS.
- MAS
- Speeches
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- Speech by Singapore Minister for Finance, Dr Richard Hu at the Dinner Hosted by the Monetary Authority of Singapore for Russell 20-20 Date: 20 Oct 2000 INTRODUCTION Mr. George Russell, members of Russell 20-20 and distinguished guests.
- MAS
- Speeches
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- MAS is very pleased that the IMF is organising this conference on a most pertinent topic in Singapore. 2. MONETARY POLICY COMMUNICATIONS—FROM OPACITY TO TRANSPARENCY Since the 1990s, there has been a clear trend in central banking circles towards greater transparency.
- MAS
- Speeches
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- As a regulator, MAS hopes to make a contribution in supporting these developments.