Showing 4566 Documents for "economic issues"
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- Guidelines
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- Guidelines on sound practices in carrying out insurance business and principles relating to risk management framework. These guidelines apply to all insurers. They set out: Sound practices in carrying out insurance business, covering core activities such as product development, pricing, underwriting, claims handling and reinsurance management. Principles that should be embedded in a risk management framework. GUIDELINES ON RISK MANAGEMENT PRACTICES FOR INSURANCE BUSINESS - CORE ACTIVITIES
- MAS
- Speeches
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- Remaking the Singapore Economy INTRODUCTION 1 I agreed to speak on the theme of Remaking the Singapore Economy many months ago. It seemed an appropriate subject to talk about, given that we were engaged in a major exercise to remake the Singapore economy. As part of the exercise, we pondered the likely risks that might derail our recovery and longer-term plans - a double dip in the US economy, more terrorist attacks, the war in Iraq going awry, and oil prices shooting up. But events have a
- MAS
- Speeches
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- A More Challenging Global and Domestic Economic Environment 1 There is heightened uncertainty in the global economy and financial markets. The US sub-prime mortgage crisis has led to financial turbulence that hit many American and European financial institutions, forcing them to recapitalize and tighten lending standards. These stresses in financial markets have been a drag on economic activity in the industrialized countries through various channels, including the adjustment in the housing
- MAS
- Speeches
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- Mr Stephen Riley, President of the Insurance Institute of London Mr John Nelson, Chairman, Lloyd’s of London Ladies and gentlemen, good afternoon. I wish to thank John for inviting me to speak to you today. It is a privilege to address members of this esteemed Institute, and a pleasure to do so in a heritage building of such architectural and historic interest. I have been to this building before. And my first thought as Lloyd’s Building came into view, along with its plumbing, stairways and lift
- MAS
- Speeches
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- Mr Deputy Speaker, on behalf of Senior Minister and Minister in Charge of the Monetary Authority of Singapore, I beg to move, “That this Parliament, in accordance with section 6A(2)(d) of the Bretton Woods Agreements Act (Chapter 27 of the 2012 Revised Edition), resolves that the maximum amount of grants that the Monetary Authority of Singapore may give under a bilateral agreement (or its subsequent variations) to be made by the Monetary Authority of Singapore (on behalf of the Government of the
- MAS
- Media Releases
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- Singapore, 15 Aug 2002. MAS will be making some changes to its organisational structure and appointing several new senior management members with effect from 1 Sep 2002 as part of the ongoing process of organisational review. Taken together, the changes better integrate MAS' functions, and more closely align the organisation's resources and objectives. Key Organisational Changes The key changes are as follows: Integrating Prudential, Capital and Market Conduct Policies Prudential policy functions
- MAS
- Media Releases
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- The new FinTech Bridge will help UK FinTech firms and investors access the Asian market and expand to Singapore, as well as attracting Singaporean FinTech companies and investors to the UK. London, 11 May 2016… Singaporean officials and FinTech companies gathered with UK FinTech companies in Downing Street today to celebrate the launch of the UK’s first ever FinTech Bridge, which included the signing of a Regulatory Cooperation Agreement between the Financial Conduct Authority (FCA) and the Monetary
- MAS
- Speeches
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- Excellencies and Distinguished Guests Ladies and Gentlemen 1 A very good morning to all of you, and a very warm welcome to our guests from the Middle East and the region. I hope you will find time from your busy schedule of meetings to enjoy the sights, sounds and culinary delights of Singapore. For Singapore offers you a unique experience - we are traditional yet modern, Asian but cosmopolitan, geographically small but with a large global outlook. 2 Singapore is indeed honoured to host this
- MAS
- Speeches
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- Developing Asia Bond Markets- The Next Phase 1 Good morning, ladies and gentlemen. I am happy to be here this morning to welcome you to the inaugural Asian Bond Summit hosted by The Asset in conjunction with the Asian Development Bank. May I congratulate the organizers for the substantial agenda and good turnout for this event. 2 The Asian financial crisis triggered the development of Asian bond markets. Before that, bonds in this region were largely issued by sovereign and quasi-sovereign
- MAS
- Consultations
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- This consultation sets out MAS' proposed Guidelines on Environmental Risk Management for all insurers. MAS is proposing to issue the Guidelines to enhance financial institutions' resilience to and management of environmental risk. Response VIEW DOCUMENT Response to Consultation Paper ENRM Guidelines Insurers (1 MB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Guidelines on Environmental Risk Management for Insurers (867.9 KB) RESPONSE TO FEEDBACK RECEIVED December 2020 Proposed