Showing 5563 Documents for "MAS"

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    • MAS
    • Consultations

    Last revised date:

    Consultation Paper on Payment Systems (Oversight) Act
    • by the legislation and MAS.
    • MONETARY AUTHORITY OF SINGAPORE 39
    • 2001 (available on MAS website, www.mas.gov.sg) MONETARY AUTHORITY OF SINGAPORE 6 -------- CONSULTATION PAPER ON PAYMENT SYSTEMS OVERSIGHT ACT APRIL 2003 MAS OVERSIGHT ROLE FOR PAYMENT SYSTEMS PAYMENT SYSTEMS OVERSIGHT OBJECTIVES 4.1 4.1.1 MAS recognises the importance of payment
    • MAS
    • Consultations

    Last revised date:

    Consultation Paper on Proposed Amendments to the Banking Act
    • they expressly request MAS not to do so. 
    • existing requirements under MAS Notice 634.
    • Power for MAS to impose funding requirements MAS currently imposes the Net Stable Funding requirements (NSFR) requirement via MAS Notice 652 issued pursuant to section 55 of the BA.
    • MAS
    • Consultations

    Last revised date:

    Consultation Paper on Proposed Guidelines on Environmental Risk Management for Insurers
    • MAS Response 8.3 MAS will extend the transition period from 12 months to 18 months.
    • Several respondents also suggested for MAS to develop sector policies in consultation with the industry. MAS Response 4.3 MAS approach is not to prescribe higher-risk sectors at this stage.
    • MAS Response MAS Response 5.5 MAS would like to clarify that we will not prescribe how insurers escalate or monitor such risks, but we do expect that this be done in a manner commensurate with the size and nature of the risks posed.
    • MAS
    • Notices

    Last revised date:

    Notice 1115A Computation of Total Debt Servicing Ratio for Property Loans
    • [MAS Notice 1115A (Amendment) 2020] [MAS Notice 1115A (Amendment No. 2) 2020] [MAS Notice 1115A (Amendment No. 3) 2020] 2A.
    • [MAS Notice 1115A (Amendment) 2020] [MAS Notice 1115A (Amendment No. 2) 2020] [MAS Notice 1115A (Amendment No. 3) 2020] 2C.
    • MAS
    • Consultations

    Last revised date:

    Consultation Paper on Proposed Requirements on Insurers’ Charging of Expenses to the Participating Fund
    • MAS Response 4.10 MAS agrees that encouraging greater disclosures can enhance transparency and this remains a key component of MAS supervisory approach.
    • [MAS Notice 320 (Amendment) 2018] [MAS Notice 320 (Amendment) 2020] [MAS Notice 320 (Amendment) 2020] Roles and responsibilities Responsibilities of the board of directors 8A.
    • Monetary Authority of Singapore 46 --------
    • MAS
    • Consultations

    Last revised date:

    Consultation Paper on Review of Mandatory Audit Firm Rotation for Local Banks
    • to MAS supervisory assessment and approval annually.
    • in determining the final revisions to MAS Notice 615.
    • MAS Response 4.4 MAS is of the view that there could be systemic audit risks if all three local banks were to co-ordinate their re-tendering process and change their auditors at the same time. As such, MAS will adopt a staggered implementation timeline.
    • MAS
    • Consultations

    Last revised date:

    Consultation Paper on Proposed Enhancements to the Deposit Insurance Scheme and Legislative Amendments to the Deposit Insurance and Policy Owners' Protection Schemes Act and Regulations
    • by MAS.
    • not be a fund of SDIC or the MAS.
    • To enhance SDICs operational efficiency, MAS proposed to share data returns under MAS Notice DIA-N01 with SDIC, implemented through a clause in MAS Notice DIA-N01 that provides consent to MAS to share the information in the returns with SDIC.
    • MAS
    • Consultations

    Last revised date:

    Consultation Paper on Removing the DBU-ACU Divide - Implementation Issues
    • One respondent asked if MAS Notice 1004 and MAS Notice 1012 would be amended, along with the proposed amendments to MAS Notice 639.
    • MAS also seeks comments on the removal of the limits on unsecured credit facilities to director groups under MAS Notice 639 for all banks. in MAS Notice 639 to banks We understand that MAS 639A reporting is based on MAS Notice 639.
    • In this connection, MAS has issued a second consultation paper on the proposed amendments to MAS Notice 610, in which MAS has proposed a 30 months implementation timeline.
    • MAS
    • Consultations

    Last revised date:

    Consultation Paper on Proposed Amendments to the Insurance Act
    • to seek MAS approval.
    • Monetary Authority of Singapore 6 --------
    • level of protection to policyholders. 2 As part of MAS on-going effort to improve its regulatory framework, MAS is proposing several amendments to the IA.
    • MAS
    • Notices

    Last revised date:

    Notice on Supervision of Market Participants (SFA 02-N02)
    • [MAS Notice SFA 02-N02 (Amendment) 2018] [MAS Notice SFA 02-N02(Amendment) 2019] [MAS Notice SFA 02-N02 (Amendment No.2) 2019] -------- [MAS Notice SFA 02-N02 (Amendment) 2020] [MAS Notice SFA 02-N02 (Amendment No. 2) 2020] [MAS Notice SFA 02-N02 (Amendment) 2021] [MAS Notice SFA 02-N02 (Amendment
    • [MAS Notice SFA 02-N02 (Amendment) 2018] [MAS Notice SFA 02-N02(Amendment) 2019] [MAS Notice SFA 02-N02 (Amendment No.2) 2019] [MAS Notice SFA 02-N02 (Amendment) 2020] -------- [MAS Notice SFA 02-N02 (Amendment No. 2) 2020] [MAS Notice SFA 02-N02 (Amendment) 2021] [MAS Notice SFA 02-N02 (Amendment
    • [MAS Notice SFA 02-N02 (Amendment) 2018] [MAS Notice SFA 02-N02(Amendment) 2019] [MAS Notice SFA 02-N02 (Amendment No.2) 2019] [MAS Notice SFA 02-N02 (Amendment) 2020] [MAS Notice SFA 02-N02 (Amendment No. 2) 2020] [MAS Notice SFA 02-N02 (Amendment) 2021] [MAS Notice SFA 02-N02 (Amendment No.