Showing 5563 Documents for "MAS"
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- MAS
- Media Releases
Last revised date:
- I. Introduction 1. The 24th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM+3) was convened on 3 May 2021 under the co-chairmanship of H.E. Dato Ahmaddin Abdul Rahman, Deputy Minister of Finance and Economy (Fiscal) of Brunei Darussalam, H.E. Rokiah Badar, Managing Director of Autoriti Monetari Brunei Darussalam and H.E. Nam-Ki Hong, Deputy Prime Minister and Minister of Economy and Finance of the Republic of Korea, H.E. Juyeol Lee, Governor of the Bank of Korea. The meeting
- MAS
- Exemptions
Last revised date:
- Sets out the financial and business conduct requirements for registered and exempt insurance brokers. This set of regulations applies to: Registered insurance brokers. Exempt insurance brokers. It sets out requirements relating to: Financial requirements and insurance broking premium accounts Accounts and audit Register of broking staff Annual fees Exemptions The regulations also set out the following statutory forms under the Schedule. For registered insurance brokers: Form A: Balance Sheet Form
- MAS
- Speeches
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- Ladies and gentlemen, good evening. Welcome to the launch of the Singapore Pavilion at COP27. As we gather in beautiful Sharm El-Sheikh, let us remind ourselves of the task before us: to reduce global greenhouse gas emissions to net zero by 2050 in an orderly and inclusive way. Singapore is committed to the net-zero by 2050 target and has laid out our plans and strategies to get there. This Pavilion is not just about Singapore’s plans to get to net-zero. After all, Singapore’s contribution to global
- MAS
- Explainers
Last revised date:
- Financial institutions (FIs) must ensure that individuals meet the minimum criteria before granting non-card unsecured credit facilities to them. Overview Financial institutions (FIs) must ensure that individuals meet the minimum criteria before granting non-card unsecured credit facilities to them. Regulatory credit limits are in place to ensure that individuals do not borrow beyond their means. Note: A borrower's credit limit with an FI can exceed the regulatory limit if they are refinancing an
- MAS
- Explainers
Last revised date:
- Financial institutions cannot grant further unsecured credit to borrowers who are 60 days past due on any credit card or unsecured credit facility. Borrowers Who Are 60 Days Past Due If a borrower’s debt on a credit card or unsecured credit facility is 60 days past due: Financial institutions (FIs) cannot grant further unsecured credit to that borrower. Other FIs cannot increase that borrower’s credit limits, or issue them new credit cards or unsecured credit facilities. Note: The other FIs are not
- MAS
- Subsidiary Legislation
Last revised date:
- Sets out the corporate governance requirements applicable to all direct insurers and reinsurers incorporated in Singapore (except marine mutual insurers) 29 Jun 2022 Insurance (Corporate Governance) (Amendment) Regulations 2022 takes effect on 30 Jun 2022 19 Dec 2018 Insurance (Corporate Governance) (Amendment) Regulations 2018 takes effect on 1 Jan 2019
- MAS
- Subsidiary Legislation
Last revised date:
- Corporate governance requirements for designated financial holding companies that has a subsidiary that is a licensed insurer incorporated, formed or established in Singapore (“DFHC (Licensed Insurer)"), including the independence of directors, composition of the board of directors and board committees, and their responsibilities.
- MAS
- Subsidiary Legislation
Last revised date:
- Corporate governance requirements for designated financial holding companies with a subsidiary that is a bank incorporated in Singapore, including the independence of directors, composition of the board of directors and board committees, and their responsibilities. These requirements apply to all designated financial holding companies with a subsidiary that is a bank incorporated in Singapore.
- MAS
- Subsidiary Legislation
Last revised date:
- Requirements for designated financial holding companies on equity investments, immovable property, major stakes and limitation of mutual shareholdings. These requirements apply to all designated financial holding companies in Singapore.