Showing 4089 Documents for "payment services"
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- MAS
- Letters to Editor
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- Dear Editor, We thank Mr Cheng Choon Fei for his suggestions in his letter of 6 September 2020 entitled "5-cent coins being rejected for payment”. 2 Mr Cheng is correct to point out that the Currency Act provides for a customer to make payment in all currency notes and coins, up to a limit of 20 coins per denomination for each transaction. 3 However, the Currency Act also allows vendors to set a lower limit, or choose not to accept any denomination of currency coins or notes, provided that
- MAS
- Recent Economic Developments
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- Similarly, auxiliary activities in the financial sector (comprising payment services players) expanded as the structural shift towards e-payments continued to provide some underlying support.
- MAS
- Media Releases
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- Singapore, 18 Oct 2001. The Monetary Authority of Singapore (MAS) has today announced that it has received in-principle agreement from CLS Group and CLS Bank International (CLS Bank) to include the Singapore Dollar as an eligible currency of CLS Bank. By participating in CLS, Singapore joins the G10 central banks in their effort to reduce foreign exchange (FX) settlement risk worldwide 1 . 2 The in-principle agreement is a result of industry efforts to reduce FX settlement risks, with MAS' support
- MAS
- Forms and Templates
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- services that are provisioned via the Internet.
- Examples include online trading, mobile/digital wallets and payments, financial and payment services offered using account and transaction APIs, online banking, mobile banking, phone banking, etc. Revised 1 October 2021 -------- IV.
- Approval of Chief Executive Officer or Director of Authorised Benchmark Administrator, Authorised Benchmark Submitter or Designated Benchmark submitter for the purpose of completing this Part. 1 Online financial services would include trading, banking, insurance, or other financial and payment
- MAS
- Speeches
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- Ms Judy Hsu, Regional CEO, ASEAN & South Asia Mr Patrick Lee, CEO, Singapore Distinguished Guests Ladies and Gentlemen A very good evening. 1. I am delighted to join all of you this evening in the celebrations to mark Standard Chartered Bank’s 160th anniversary. Reflections on a Shared Journey 2. What makes this extra special is that your 160th anniversary also coincides with our Bicentennial year, in which we are commemorating the founding of modern Singapore in 1819 in the context of our
- MAS
- Regulations
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- Sets out the requirements for an offer of securities or securities-based derivatives contracts, including amongst others, the prescribed contents of a prospectus or other offer documents, and certain legislative exemptions. Resources Securities and Futures (Offers of Investments) (Securities and Securities-Based Derivatives Contracts) Regulations 2018 (G.N. No. S 664/2018) ASEAN Disclosure Standards: ASEAN Equity Securities Disclosure Standards (334.9 KB) ASEAN Debt Securities Disclosure Standards
- MAS
- Consultations
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- MAS’ responses to the feedback received on issues pertaining to temporary stays on termination rights, statutory bail-in regime, creditor compensation framework and resolution funding arrangements published on 26 October 2018 and 29 October 2021. Response VIEW DOCUMENT Response to Feedback Received on Proposed Regulations to Enhance the Resolution Regime (29 Oct 2021) (416.2 KB) Response to Feedback Received on Proposed Regulations to Enhance the Resolution Regime (26 Oct 2018) (970.1 KB) Consultation
- MAS
- Media Releases
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- Singapore, 30 October 2017… The Monetary Authority of Singapore (MAS) today released the industry transformation map (ITM) for financial services, which outlined growth strategies by business lines, programmes for upgrading skills, and an agenda for continuous innovation and technology adoption. 2 Speaking at the launch of the ITM, Mr Ong Ye Kung, Minister for Education (Higher Education and Skills) and MAS Board Member, described MAS’ vision for Singapore to be a leading global financial centre
- MAS
- Media Releases
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- Singapore, 19 November 2019… The Singapore FinTech Festival (SFF) and the Singapore Week of Innovation and TeCHnology (SWITCH) concluded its combined week-long event on 15 November 2019, which attracted more than 60,000 participants from 140 countries. The event also saw a record 569 speakers, close to 1,000 exhibitors 55% of the SFF x SWITCH exhibitors were foreign exhibitors. and 41 international pavilions. 2 SFF x SWITCH will return next year from 9 to 13 November 2020. It will build on the
- MAS
- Annual Reports
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- -------- -------- Chairmans Message 04Board of Directors 06Board Committees 08Management Team 09OUR WORKManaging Risks, Sustaining GrowthA MORE CHALLENGING POLICY ENVIRONMENT12Slowing in the G3 Economies12Asia Remains Resilient13Inflation Is On The Rise Globally13Singapore Is Not Immune ToGlobal Growth and Inflation Risks14MONETARY POLICY PROVIDING AN ANCHORFOR PRICE STABILITY OVER THE MEDIUM-TERM15Enhancing Monetary Policy Research16Box Story 1 Asia Decoupling?18MANAGING THE CHALLENGES OFINCREASED