Showing 4089 Documents for "payment services"

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    • PDPC
    • Commission's Decisions

    Last revised date:

    • Directions were issued to both Shopify Commerce Singapore and Supernova to put in place a process to ensure compliance with the Transfer Limitation Obligation following a data breach incident of Shopify Inc's database. Click here for more information. PERSONAL DATA PROTECTION COMMISSION [2022] SGPDPC 7 Case No: DP-2103-B8147 / DP-2206-B9935 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And (1) Supernova Pte Ltd (2) Shopify Commerce
    • MAS
    • Recent Economic Developments

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    • This is a quarterly brief which aims to provide a quick pictorial summary of recent economic developments in the Singapore economy. nph RECENT ECONOMIC DEVELOPMENTS IN SINGAPORE 7 Real Sector Real GDP Growth, y-o-y % Real GDP Growth, q-o-q saar % 2017 Q4 Full Year 3.6 2.1 5.8 Q1 4.6 2.4 3.6 - 6 December 2018 2018 Q2 4.1 1.0 10.5 9.3 Q3 2.2 3.0 3.5 8.0 Index of Industrial Production, y-o-y % 10.4
    • MAS
    • Forms and Templates

    Last revised date:

    • Form for capital markets services licensees to apply for additional type(s) of regulated activity/activities. Form 5 should be lodged online via FormSG . After submission, FIs may view a record of their submission by logging into MAS-Tx . SECURITIES AND FUTURES ACT (Cap. 289) SECURITIES AND FUTURES (LICENSING AND CONDUCT OF BUSINESS) REGULATIONS (Rg 10) APPLICATION FOR ADDITIONAL REGULATED ACTIVITY UNDER A CAPITAL MARKETS SERVICES LICENCE UNDER SECTION 90(1) READ WITH REGULATION 11A
    • MAS
    • Notices

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    • Recovery and resolution planning requirements for notified banks. This Notice applies to a bank to which a direction has been issued under section 43(1) of the MAS Act (“notified bank”). It sets out the requirements that a notified bank has to comply with in its recovery and resolution planning. Amendment Notes There are no amendment notes for this notice. MAS Notice 654 30 January 2019 NOTICE TO BANKS MONETARY AUTHORITY OF SINGAPORE ACT, CAP. 186 RECOVERY AND RESOLUTION PLANNING
    • MAS
    • Economic Essays

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    • By Amit Seru This study was published as Special Feature B in the April 2020 Macroeconomic Review. Special Features 96 Special Feature B Regulation, Technology and the Banking Sector Amit Seru1 Intermediation in the lending market has undergone a dramatic shift from traditional banks to shadow banks, i.e., non-depository institutions that fall outside the scope of traditional banking regulation. I trace the growth of shadow banks to the increased regulatory
    • MAS
    • Media Releases

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    • Concurrently, solution providers with innovative and relevant SME solutions - ranging from logistics, professional services, financing or payments - face challenges in reaching out to these SMEs. 
    • MAS
    • Recent Economic Developments

    Last revised date:

    • This semi-annual brief on the Singapore economy also discusses external developments pertinent to our assessment of near-term economic prospects. RECENT ECONOMIC DEVELOPMENTS IN SINGAPORE 21 February 2022 Highlights The global economy expanded by 5.3% in 2021, marking a strong rebound from the COVID-induced contraction of 3.0% in 2020. The major advanced economies (AEs) have recovered more rapidly than emerging market economies (EMEs). This mainly reflected AEs more generous
    • MAS
    • Recent Economic Developments

    Last revised date:

    • This semi-annual brief on the Singapore economy also discusses external developments pertinent to our assessment of near-term economic prospects. RECENT ECONOMIC DEVELOPMENTS IN SINGAPORE 21 February 2022 Highlights The global economy expanded by 5.3% in 2021, marking a strong rebound from the COVID-induced contraction of 3.0% in 2020. The major advanced economies (AEs) have recovered more rapidly than emerging market economies (EMEs). This mainly reflected AEs more generous
    • MAS
    • Speeches

    Last revised date:

    • Lord Meghnad Desai, Chairman of the OMFIF Advisory Board, Mr David Marsh, Managing Director, OMFIF, Ladies and gentlemen, good morning.  I am grateful to OMFIF for organising this City Lecture and giving me the opportunity to share my thoughts with you. The world experienced nine years ago a most devastating financial crisis.  In response, we saw the implementation of perhaps the most wide-ranging reforms in financial regulation ever in history. We are now at an inflection point.  The phase of active
    • MAS
    • Annual Reports

    Last revised date:

    • From 28 January 2020, statutory deposits of remittance licensees are retained by the Authority under the Payment Services Act (No.2 of 2019).