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    • MAS
    • Notices

    Last revised date:

    • Amendment Notes 01 Jul 2021 MAS Notice 1001 dated 28 June 2021 takes effect. 01 Jul 2021 MAS Notice 1001 dated 15 December 2011 (last revised 22 January 2018) (149.2 KB) is cancelled . 22 Jan 2018 MAS Notice 1001 (Amendment) 2018 (202.5 KB) takes effect. 01 Apr 2012 MAS Notice 1001 dated 15 December
    • 2011 takes effect. 01 Apr 2012 MAS Notice 1001 dated 1 November 1985 is cancelled.
    • [MAS Notice 1001 (Amendment) 2018] Definition of Net Head Office Funds 6.
    • MAS
    • Staff Papers

    Last revised date:

    • Monetary Authority of Singapore 33
    • estimates 80 11 Source: Penn World Table and EPG, MAS estimates 95 05 85 00 90 08 Monetary Authority of Singapore 14 -------- MAS Staff Paper No. 53
    • estimates 1990 2000 2005 2009 2013 1980 1995 1985 Source: EPG, MAS estimates 1990 2000 2005 2009 2013 Monetary Authority of Singapore 9 -------- MAS Staff Paper No. 53
    • MAS
    • Media Releases

    Last revised date:

    • Financial Penalties BSI Bank - $13.3 million for 41 breaches of MAS Notice 1014. Falcon Bank - S$4.3 million for 14 breaches of MAS Notice 1014. DBS Bank Ltd - S$1 million for 10 breaches of MAS Notice 626.
    • Credit Suisse - S$0.7 million for 7 breaches of MAS Notice 626. United Overseas Bank - S$0.9 million for 9 breaches of MAS Notice 626.
    • Singapore, 30 May 2017…The Monetary Authority of Singapore (MAS) announced today that it has completed its two-year review of banks involved in 1MDB-related transactions known to-date. 
    • MAS
    • Parliamentary Replies

    Last revised date:

    • MAS' Investigations and Regulatory Actions 13. Mr Singh and Mdm Phua have also asked for an update on investigations by MAS. MAS has announced that it is looking into any FI-wide issues, such as the selling practices and policies within each FI, as part of its formal investigations.
    • MAS will be communicating its preliminary findings to the CEOs of the FIs involved. As part of due process, MAS will give the FIs a reasonable opportunity to respond to its preliminary findings before making a final decision.
    • The review is in progress and MAS will conduct a public consultation on the proposals by mid-March 2009.
    • MAS
    • Speeches

    Last revised date:

    • MAS will issue our response to the public consultation shortly. 13   On market conduct, MAS has issued two consultation papers on the sale of listed and unlisted investment products, to strengthen safeguards for retail customers and enhance MAS’ regulatory powers. 
    • To address this, MAS will do two things. 17   First, we will increase the availability of liquid securities to banks by issuing short-term MAS bills as part of money market operations. 
    • This will facilitate banks in managing their liquidity. 18   We expect to commence issuing MAS Bills in 2Q 2011.  To prevent overlapping with SGS T-bills, MAS bills will have tenors of up to 3 months. 
    • MAS
    • Media Releases

    Last revised date:

    • For information on FAMS, please refer to MAS website here.
    • Singapore, 8 April 2020… The Monetary Authority of Singapore (MAS) today announced a S$125 million support package to sustain and strengthen capabilities in the financial services and FinTech sectors amid the current economic slump.
    • Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Telephone: (65) 6225-5577 ANNEX B: DIGITAL ACCELERATION GRANT The Digital Acceleration Grant (DAG) is part of the Financial Sector Technology and Innovation (FSTI) scheme.
    • MAS
    • Consultations

    Last revised date:

    • MAS received feedback from 14 respondents listed in Annex 1. MAS would like to thank respondents for their comments.
    • included in 6 MONETARY AUTHORITY OF SINGAPORE --------
    • Written comments should be submitted to: Primary Markets Conduct Division Market Conduct Department Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Email: PartXIIISFA_SFR_amendments@mas.gov.sg Fax: (65) 6225 1350 3 MAS requests for all
    • MAS
    • Consultations

    Last revised date:

    • In addition, MAS reserves the right not to publish any submission received where MAS considers it not in the public interest to do so, such as where the submission appears to be libellous or offensive.
    • be published and attributed to the respective respondents unless they expressly request MAS not to do so. 
    • Are there any other characteristics that will effectively distinguish e-money and DPT which MAS should consider?
    • MAS
    • Staff Papers

    Last revised date:

    • ECONOMICS DEPARTMENT MONETARY AUTHORITY OF SINGAPORE Andrew K.
    • Economics Department, Monetary Authority of Singapore -------- MAS Occasional Paper No. 22, Aug 2002 9 analysis using these four alternative data sets.
    • Economics Department, Monetary Authority of Singapore -------- MAS Occasional Paper No. 22, Aug 2002 3 2.4 The surprising and interesting finding was that currency union seemed to have a strong and robust effect on trade.
    • MAS
    • Consultations

    Last revised date:

    • HENG SWEE KEAT Managing Director, Monetary Authority of Singapore Monetary Authority of Singapore 2
    • Monetary Authority of Singapore 2 -------- CONSULTATION ON DRAFT REGULATIONS PURSUANT TO PAYMENT SYSTEMS (OVERSIGHT) ACT 2006 MARCH 2006 HENG SWEE KEAT Managing Director, Monetary Authority of Singapore Monetary Authority of Singapore 3 CONSULTATION ON DRAFT REGULATIONS
    • MAS has reviewed received, and where appropriate, incorporated them into the Regulations and Guidelines. MAS thanks all respondents for their contributions. Comments of common interest and our responses to them are highlighted below.