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    • MAS
    • Codes

    Last revised date:

    • Sets out the best practices that managers, approved trustees, VCC directors and VCC custodians of collective investment schemes offered to retail public are expected to observe on management, operation and marketing of the schemes. Annex N Code on Collective Investment Schemes THIS VERSION OF THE CODE IS IN DRAFT FORM AND IS SUBJECT TO CHANGE. Code on Collective Investment Schemes -------- Code on Collective Investment Schemes TABLE OF CONTENTS Page The VCC, VCC Directors
    • MAS
    • Media Releases

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    •  MAS Confident that Financial Sector will Continue to Function Normally During Crossover 01 November 1999... The Monetary Authority of Singapore (MAS) today said that Singapore's financial sector is fully-prepared for Y2K, and expects the financial sector to continue to function normally during the crossover into the new millennium. 2   In an MAS press release issued today, the central bank said that the high level of readiness achieved by the financial sector was the result of a detailed and comprehensive
    • MAS
    • Consultations

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    • Description Total Value Individual: First period commission - single premium First period commission - regular premium Renewal commission Group: Commissions Overriding commission Production and other bonuses Trailer fees Cost of benefits and services Other cash payments
    • MAS
    • Media Releases

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    • Ms Teo said that while some corporates like PSA Corp, Singapore Power and DBS have already launched international US$ bond issues, this MAS-led roadshow would provide a valuable opportunity for the corporates to better understand the issues involved in tapping the international investor base.
    • Corporation, Singapore Power, JTC Corporation, the Housing and Development Board (HDB), DBS Bank, United Overseas Bank (UOB), Overseas Union Bank (OUB), Capital Land and the Singapore Exchange (SGX), most of whom are active issuers of S$ bonds.
    • add to market liquidity and help us maintain the fast growth momentum that we have built up in the last three years," said Ms Teo Swee Lian, Senior Executive Director (Financial Sector Promotion). 4   The delegation, led by Ms Teo and other senior MAS officials, also comprises representatives from PSA
    • MAS
    • Media Releases

    Last revised date:

    • service bureaus, as well as supervision of cooperative savings and credit unions.
    • supervision of the financial market, including banking supervision, supervision of the capital market, supervision of the insurance market, supervision of the pension market, supplementary supervision of financial conglomerates, supervision of electronic money institutions, payment institutions and payment
    • MAS
    • Guidelines

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    • Services Cash transactions Lending Deposit-taking Treasury25 Private banking and wealth management Investment banking or corporate finance Trade services Claims servicing (including surrender) Policy renewal and servicing Policy inception Derivatives trading, clearing, settlement and reporting
    • CONTINUITY MANAGEMENT GUIDELINES JUNE 2022 Appendix: Examples of Business Services Types of Business Services Examples of Business Services24 Banking Insurance Financial Market Infrastructures Asset Management Payment
    • PDPC
    • Commission's Decisions

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    • PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC [33] Case No DP-1610-B0290 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And (1) (2) Amicus Solutions Pte. Ltd. (UEN No. 201534661R) Ivan Chua Lye Kiat DECISION … Organisations -------- Amicus Solutions Pte. Ltd. & Anor. [2019] SGPDPC 33 Amicus Solutions Pte. Ltd. & Anor. [2019] SGPDPC 33 Tan Kiat How, Commissioner —
    • PDPC
    • Commission's Decisions

    Last revised date:

    • Amicus Solutions and a financial consultant were issued directions, including to pay financial penalties of $48,000 and $10,000 respectively, for breaches of the PDPA. Amicus Solutions failed to notify and obtain consent for the disclosure of individuals’ personal data that it sold to the financial consultant who used such personal data for telemarketing purposes. Click here to find out more. PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC [33] Case No DP-1610-B0290 In the matter of an
    • MAS
    • Consultations

    Last revised date:

    • This consultation sets out MAS’ proposals to consolidate the regulation of MBs under the Banking Act upon removal of the DBU-ACU divide. MAS also proposes to move MBs to a licensing regime from the current approval framework under the Monetary Authority of Singapore Act. Response VIEW DOCUMENT Response to Feedback Received on Proposed Amendments to the Banking Act and Regulating Merchant Bank (979.7 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Regulating Merchant Banks under the Banking
    • MAS
    • Parliamentary Replies

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    • QUESTION NO 94 NOTICE PAPER 62 OF 2020 FOR WRITTEN ANSWER Date: For Parliament Sitting on 6 October 2020 Name and Constituency of Member of Parliament Mr Don Wee, MP, Chua Chu Kang GRC Question: To ask the Prime Minister whether MAS can provide guidance to (i) financial institutions not to let their individual and SME borrowers' dismal financial performance in 2020 affect their credit scoring and (ii) credit bureaus to rescind the adverse record of an individual borrower whose repayment ability has