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- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback: Proposals for the Implementation of Basel II in Singapore - Phase 5 (47.4 KB) Consultation Paper VIEW DOCUMENT Proposals for the Implementation of Basel II in Singapore - Phase 5 (1.52 MB) RESPONSE TO FEEDBACK RECEIVED CONSULTATION ON PROPOSALS FOR THE IMPLEMENTATION OF BASEL II IN SINGAPORE PHASE 5 Introduction 1 1.1 In May 2007, MAS invited Singapore-incorporated banks and interested parties to comment on revised draft rules
- PDPC
- Public Consultations
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- Public Consultation issued by the Personal Data Protection Commission on Proposed Data Portability and Data Innovation Provisions Feedback And Comments By: MSIG Insurance (Singapore) Pte. Ltd. 4 Shenton Way #21-01 SGX Centre 2 Singapore 068807 PDPC Consultation Paper on Data Portability Feedback from MSIG Insurance (Singapore) Pte. Ltd. 1 -------- No. RE: Public Consultation issued by the Personal Data Protection Commission
- MAS
- Macroeconomic Reviews
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- Contents, Preface and Highlights PDF (144.2 KB) Monetary Policy Statement PDF (75.3 KB) Chapter 1 Macroeconomic Developments PDF (350.5 KB) Chapter 2 Wage-Price Dynamics PDF (194.8 KB) Chapter 3 Outlook Box A: The Short-term Wealth Effects of Property and Stock Prices in Singapore PDF (476.6 KB) Special Feature A: Wages and Export Prices in China: Implications for Global Inflation Box B: Has China Reached its Lewisian Turning Point? PDF (263.2 KB) Special Feature B: Product Price Targeting-A New
- MAS
- Media Releases
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- Singapore, 29 August 2022… Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) today announced the commencement of work on a cross-border QR payment linkage between Indonesia and Singapore as part of the ASEAN-wide payments connectivity effort. This linkage, which is targeted to be launched in the second half of 2023, will allow users to make instant, secure, and efficient retail payments by scanning the QRIS (Quick Response Code Indonesian Standard) or NETS QR codes QRIS is the national
- MAS
- Media Releases
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- Singapore, 13 April 2022… Australia Treasury and the Monetary Authority of Singapore (MAS) have signed the Australia-Singapore FinTech Bridge Agreement to strengthen cooperation between the FinTech ecosystems of both countries. 2. The commencement of discussions to develop the FinTech Bridge was announced in June 2021, when Australian Prime Minister Scott Morrison met with Singapore Prime Minister Lee Hsien Loong. The FinTech Bridge aims to build on the overarching framework for digital economy cooperation
- PDPC
- Commission's Decisions
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- PeopleSearch Pte. Ltd. [2019] SGPDPC 47 PERSONAL DATA PROTECTION COMMISSION Case No DP-1903-B3521 [2019] SGPDPC 47 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And PeopleSearch Pte. Ltd. … Organisations DECISION 1 -------- PeopleSearch Pte. Ltd. [2019] SGPDPC 47 PeopleSearch Pte. Ltd. [2019] SGPDPC 47 Yeong Zee Kin, Deputy Commissioner — Case No DP-1903-B3521 26 December 2019 Introduction
- PDPC
- Commission's Decisions
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- A financial penalty of S$5,000 was imposed on PeopleSearch for failing to put in place reasonable security arrangements to protect personal data of its clients. The incident resulted in the data being subjected to a ransomware attack. Click here to find out more. PeopleSearch Pte. Ltd. [2019] SGPDPC 47 PERSONAL DATA PROTECTION COMMISSION Case No DP-1903-B3521 [2019] SGPDPC 47 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And
- MAS
- Speeches
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- 1. Madam Deputy Speaker, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister-In-Charge of the Monetary Authority of Singapore, I beg to move, “That the Bill be now read a second time”. INTRODUCTION 2. Madam, a clean and trusted financial sector is the basis upon which both Singaporeans and foreigners choose to invest and have their funds managed here in Singapore. The Monetary Authority of Singapore (MAS) supervises and works closely with financial institutions (FIs) to strengthen
- MAS
- Enforcement Actions
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- Singapore, 30 October 2020… The Monetary Authority of Singapore (MAS) has issued prohibition orders (POs) against two former bank employees for fraud and dishonest conduct. The individuals are: Name Duration of Prohibition Orders Mr Lu Chor Sheng, former Treasury Advisor of Oversea-Chinese Banking Corporation Limited (OCBC) 17 years Mr Tan Swee Thiam Timothy, former Relationship Manager of United Overseas Bank Limited (UOB) 9 years 2 The POs were issued against the two individuals following their
- MAS
- Macroeconomic Reviews
Last revised date:
- Contents and Preface PDF (153.7 KB) Monetary Policy Statement PDF (137 KB) Chapter 1 The International Economy PDF (309.1 KB) Chapter 2 The Singapore Economy Box A: Housing and Business Cycles in Singapore Box B: Singapore’s Export Elasticities: The Role Of Global Value Chains And Economic Complexity PDF (617.6 KB) Chapter 3 Labour Market and Inflation PDF (502.8 KB) Chapter 4 Macroeconomic Policy Box C: Review of MAS Money Market Operations in FY2014/15 PDF (375.6 KB) Special Feature A: The Impact