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    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback Received on Consultation Paper on Second Deposit Insurance (83.9 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Second Deposit Insurance (153.5 KB) RESPONSE TO FEEDBACK RECEIVED - SECOND CONSULTATION ON DEPOSIT INSURANCE On 23 April 2004, MAS released the second consultation paper on the establishment of a deposit insurance ("DI") scheme in Singapore. The first consultation paper, issued in August 2002, discussed key features of the scheme
    • MAS
    • Media Releases

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    • Singapore, 16 November 2017… The Monetary Authority of Singapore (MAS) announced the three winners of the Global FinTech Hackcelerator. The three winners were selected from a pool of 20 finalists that presented their solutions at Demo Day today, as part of the 2nd Singapore FinTech Festival . 2   The winners are (in no order of merit): Company Name Description of winning solution Moxtra Moxtra is an embeddable Secure Messaging and Business Collaboration Service for the mobile on-demand era that helps
    • MAS
    • Media Releases

    Last revised date:

    • Singapore, 1 September 2015…The Monetary Authority of Singapore (MAS) announced today that $1.2 billion of the first Singapore Savings Bond will be available for application starting from 1 September through 25 September 2015. The bond will be issued on 1 October 2015. The public notice found on the Savings Bonds website contains the full terms of issue for this Savings Bond, including the schedule of interest rates. Interest rates and returns of the first Savings Bond issue 2   Savings Bonds interest
    • MAS
    • Consultations

    Last revised date:

    • This consultation sets out MAS' proposed subsidiary legislation for a new corporate structure that is tailored for collective investment schemes, known as the variable capital company (VCC). Response VIEW DOCUMENT [15 Jan 2020] Response to Feedback Received on The Proposed Framework for Variable Capital Companies Part 2 (781.7 KB) [15 Jan 2020] Annexes to the Response to Feedback Received on the Proposed Framework For VCC Part 2 (778.3 KB) [13 Mar 2020] Response to Feedback Received on The Proposed
    • MAS
    • Consultations

    Last revised date:

    • This consultation paper sets out the valuation and capital requirements for a Designated Financial Holding Company (Licensed Insurer) (“DFHC (Licensed Insurer)”) based on Risk Based Capital 2 consolidation approach. Consultation Paper VIEW DOCUMENT Consultation Paper on Group Capital Framework for a Designated Financial Holding Company (Licensed Insurer) (345.6 KB) CONSULTATION PAPER P010 - 2022 October 2022 Group Capital Framework for Designated Financial Holding Companies (Licensed Insurer
    • MAS
    • Annual Reports

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    • Exercise Raffles III involved a total of 137 financial institutions, including banks, finance companies, insurance companies, securities and broking houses, the Singapore Exchange, as well as financial infrastructure providers such as NETS, Clearing and Payment Services and the
    • MAS
    • Financial Sector Development Fund Annual Report

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    • FINANCIAL SECTOR DEVELOPMENT FUND INCOME STATEMENT For the year ended 31 March Note 2009 $'000 2008 $'000 Interest Income Dividend Income (Loss)/Gain from Financial Instruments at Fair Value through Profit or Loss Foreign Exchange Gain/(Loss) Other Income Total Income Less: Investment Expenses Grants Total Expenditure 27,612 100,055 (125,520) 23,239 96,754
    • MAS
    • Guidelines

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    • Guidelines for financial advisers on the requirements in Notice FAA-N20 , which sets out measures for the design and operation of the balanced scorecard framework and independent sales audit unit. These guidelines apply to all licensed financial advisers and exempt financial advisers. They provide guidance on some of the requirements in Notice FAA-N20 and set out: Measures to apply to representatives and supervisors with unsatisfactory gradings under the balanced scorecard framework. Measures for
    • MAS
    • Financial Sector Development Fund Annual Report

    Last revised date:

    • As part of MAS’ efforts to foster a sound and dynamic international financial centre, the Financial Sector Development Fund (FSDF) offers grants to incentivise financial sector players in talent development, technology and innovation, and financial sector activities. Learn more about FSDF. Grant expenditure has decreased 33% (or $116m) from FY21, due partly to adjustments to the training schemes to reduce subsidy rates progressively. Subsidy levels had been temporarily enhanced during the pandemic
    • PDPC
    • Commission's Decisions

    Last revised date:

    • PERSONAL DATA PROTECTION COMMISSION [2019] SGPDPC 36 Case No DP-1705-B0781 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Singapore Telecommunications Limited … Organisation DECISION 1 -------- Singapore Telecommunications Limited [2019] SGPDPC 36 Tan Kiat How, Commissioner — Case No DP-1705-B0781 12 September 2019 Background 1 This case concerns a design issue in a previous version of Singapore