Showing 5563 Documents for "MAS"
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- MAS
- Circulars
Last revised date:
- Sets out the change in the liabilities base for the maintenance of finance companies' minimum liquid assets (MLA) from the daily eligible liabilities to the average of finance companies' eligible liabilities during a two-week period.
- MAS
- Guidelines
Last revised date:
- Guidelines on market conduct and service standards for direct general insurers as product providers of insurance policies. These guidelines apply to all direct general insurers writing personal general insurance products, except marine mutual insurers and financial guarantee insurers. It sets out the standards of conduct expected of direct general insurers as product providers of insurance policies. It also explains the importance of an industry code of practice in enhancing transparency, fair treatment
- MAS
- Notices
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- Requirements for finance companies when granting credit facilities to directors, employees and related companies. This notice applies to all finance companies in Singapore. It sets out the monthly report a finance company has to submit covering all credit facilities granted to directors, employees and related companies. Amendment Notes 28 May 1981 FC Notice 5 dated 2 June 1975 and 1 April 1976 are cancelled. Appendix A: Monthly Report of Credit Facilities to Directors Employees Related and Associated
- MAS
- Directives
Last revised date:
- Record keeping requirements for merchant banks who are Singapore Government Securities (SGS) dealers. Directive 28 18 Dec 1987 Directives to Merchant Banks Accounts 28(a) A dealer shall in relation to its business of dealing in Government securities maintain and keep records which :- (i) are kept in sufficient detail to show particulars of : (A) all monies received or paid by the dealer, including monies paid to, or disbursed
- MAS
- Directives
Last revised date:
- Sets out the requirement for dealers to comply with the Rules and Market Practices of the SGS Market. Directive 26 18 Dec 1987 Directives to Merchant Banks Rules And Market Practices Of The Singapore Government Securities Market 26(1) Subject to Directive 26(2) and 26(3), a dealer shall comply with the Rules and Market Practices, including any amendments and modifications thereto, of the Singapore Government securities market promulgated from time
- MAS
- Directives
Last revised date:
- Summary of directives that merchant banks which are government securities dealers need to comply with. Directive 23 18 Dec 1987 Directives to Merchant Banks Compliance And Approval 17(1) Subject toDirective 32 a merchant bank whose business includes the business of dealing in Government securities whether as a Primary, Registered or Secondary dealer; shall observe and complywith Directives 23 to 32. (2) Directives23 to 32 are in addition to and not in
- MAS
- Directives
Last revised date:
- Sets out the requirements on the provision of unsecured credit by dealers to employees. Directive 27 18 Dec 1987 Directives to Merchant Banks Dealings By Employees Of A Dealer 27(1) A dealer shall not give unsecured credit to an employee of that dealer or that employee's spouse, father, mother, son, daughter, adopted son, adopted daughter, step-son, step-daughter, sister or brother, if: (a) the unsecured credit is given for the purpose
- MAS
- Directives
Last revised date:
- Requirements for merchant banks to time stamp their client’s order forms. Directive 29 18 Dec 1987 Directives to Merchant Banks Time Stamping 29 In relation to each transaction ofsecurities, a dealer shall at the time of receipt of each order from its client, enter forthwith onto an order form its client's order. The order shall forthwith be dated and time stamped when received and upon execution or cancellation. The order form shall be in
- MAS
- Notices
Last revised date:
- Requirements for directors to declare the nature of their interests at directors' meetings. This notice applies to all finance companies in Singapore. Directors of finance companies, who have interest in a contract or proposed contract, are to declare the nature of their interests at meetings with directors. Full disclosure is to include credit facilities extended by finance companies to their directors, whether directly or indirectly. An interest of a member of a director's family is treated as
- MAS
- Notices
Last revised date:
- Requirements for finance companies on the financing of trade and inventory. This notice applies to all finance companies (FC) in Singapore. It sets out the conditions for FCs which intend to engage in the financing of trade and inventory. Amendment Notes 01 Dec 1983 FC Notice 12 dated 01 November 1973 and 09 February 1977, and BFID Circular No. 20/81 dated 28 September 1981 are cancelled.