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- MAS
- Speeches
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- Good morning. Let me first thank the Financial Times for the opportunity to speak again at this conference. “The Earth has a deadline. Let’s make it a lifeline”. These are the words on the Climate Clock in New York’s Union Square. Instead of measuring the time of day, this clock measures the time remaining to reduce greenhouse gas emissions and mitigate the catastrophic effects of climate change. We have less than ten years to cut emissions by nearly half and less than thirty years to reach net
- MAS
- Speeches
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- Mr A.K Cher, President of the General Insurance Association, Distinguished Guests, Ladies and Gentlemen, 1 Good afternoon. Thank you for inviting my colleagues and me to the Association’s annual luncheon. 2 Before we begin, I would like to just say a few words to honour Mr Lee Kuan Yew, who passed away on Monday. Mr Lee was a visionary, one who saw Singapore ‘s potential to become what he described as “a First World oasis in a Third World region”. Under his astute leadership
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback: Policy Amendments to the SFA and the FAA (102.1 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Policy Amendments to the SFA and the FAA (89.4 KB) RESPONSE TO FEEDBACK RECEIVED POLICY CONSULTATION ON AMENDMENTS TO THE SECURITIES AND FUTURES ACT AND THE FINANCIAL ADVISERS ACT On 25 September 2006, MAS issued a policy consultation paper on two key proposals that were being considered for amendments to the Securities and Futures Act (SFA)
- PDPC
- Public Consultations
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- The Response to PDPC Public Consultation on Response to PDPC Public Consultation on Response to PDPC Public Consultation on Proposed Regulations on Personal Data Proposed Regulations on Personal Data Protection in Singapore Protection in Singapore 19 March 2013 Contact person: Vivianne JABBOUR vivianne.gordon-pullar@sap.com Beautrice WONG beautrice.wong@sap.com Azmeen MOIZ Azmeen.moiz@sap.com The Best-Run
- MAS
- Speeches
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- Keynote Address by BG Lee Hsien Loong, DPM and Chairman, MAS at the 16th General Meeting of the Asian Bankers Association, 26 Nov 1999, Oriental Hotel Date: 26 Nov 1999 Introduction 1 The international financial landscape is changing rapidly. In Asia, economies and financial systems have undergone a traumatic two years. Weakening economies uncovered flaws in financial institutions and supervision. Entire financial systems went down, undermined by slack lending practices and inadequate legal frameworks
- MAS
- Speeches
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- Opening Distinguished guests, ladies and gentlemen, a very good morning to all of you. 2 I am delighted to be here with you today at the 14th Singapore International Reinsurance Conference. 3 This year’s conference is significant because this is the first year the SIRC becomes an annual event. It is a milestone worth commending as the SIRC is now finally able to serve as a platform for annual renewals, much like the Monte Carlo Rendez-Vous and Baden-Baden Meetings of the East. And this is just
- MAS
- Speeches
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- Building A More Resilient And Sustainable ASEAN Good morning ladies and gentlemen, and thank you for giving me an opportunity to join you today at the ASEAN Insurance Summit. When we last met in 2018, the focus of the Summit was on the 4th Industrial Revolution, and how digitalisation and new technologies could impact the ASEAN insurance sector. Nobody could have foreseen the speed at which we have had to embrace digitalisation since then. The COVID crisis not only disrupted economies and financial
- PDPC
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- Introduction to the Guidelines 1 Introduction 1.1 The advisory guidelines (the “Guidelines”) are issued by the Personal Data Protection Commission (the “Commission”) pursuant to section 49(1) of the Personal Data Protection Act 2012 (the “PDPA”) to provide guidance on the manner in which the Commission will interpret provisions of the PDPA. Where relevant, reference is made to the provisions of the regulations made or to be made under the PDPA (“Regulations
- MAS
- Guidelines
Last revised date:
- Guidelines on risk management practices to mitigate insurance fraud risk. These guidelines apply to all insurers. They set out: Risk management practices to identify and mitigate insurers' exposure to the risk of insurance fraud. Principles that should be embedded in a risk management framework. Monetary Authority of Singapore INSURANCE BUSINESS - I(cid:49)(cid:54)(cid:56)(cid:53)(cid:36)(cid:49)(cid:38)(cid:40)(cid:3)(cid:41)(cid:53)(cid:36)(cid:56)(cid:39)(cid:3)(cid:53)(cid:44)(cid:54)(cid
- MAS
- Media Releases
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- Singapore, 17 April, 2017... The Monetary Authority of Singapore (MAS) and the United Nations Capital Development Fund (UNCDF) have formed a strategic partnership under the ongoing UNCDF’s SHIFT (Shaping Inclusive Finance Transformations) programme to facilitate the development and access to digital financial services in the ASEAN region. To accelerate financial access and usage, MAS and UNCDF SHIFT will explore opportunities to work on digitisation of low-tier financial institutions (Financial Cooperatives