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- MAS
- Recent Economic Developments
Last revised date:
- This is a quarterly brief which aims to provide a quick pictorial summary of recent economic developments in the Singapore economy. RECENT ECONOMIC DEVELOPMENTS IN SINGAPORE Real Sector Real GDP Growth, y-o-y % Real GDP Growth, q-o-q saar % Index of Industrial Production, y-o-y % Non-oil Domestic Exports, y-o-y % 2018 Q4 Full Year Q1 1.3 0.8 4.6 1.1 3.1 - 7.0 4.2 1.1 3.6 0.1 6.4 6 December 2019 2019 Q2 0.2 2.7 3.1 14.7
- MAS
- Recent Economic Developments
Last revised date:
- This is a quarterly brief which aims to provide a quick pictorial summary of recent economic developments in the Singapore economy. RECENT ECONOMIC DEVELOPMENTS IN SINGAPORE Real Sector Real GDP Growth, y-o-y % Real GDP Growth, q-o-q saar % Index of Industrial Production, y-o-y % Non-oil Domestic Exports, y-o-y % 2018 Q4 Full Year Q1 1.3 0.8 4.6 1.1 3.1 - 7.0 4.2 1.1 3.6 0.1 6.4 6 December 2019 2019 Q2 0.2 2.7 3.1 14.7 Q3
- MAS
- Speeches
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- A More Challenging Global and Domestic Economic Environment 1 There is heightened uncertainty in the global economy and financial markets. The US sub-prime mortgage crisis has led to financial turbulence that hit many American and European financial institutions, forcing them to recapitalize and tighten lending standards. These stresses in financial markets have been a drag on economic activity in the industrialized countries through various channels, including the adjustment in the housing
- MAS
- Speeches
Last revised date:
- Mr Raymond Ng, Conference Chairman Mr David Choo, AFA President Distinguished guests, ladies and gentlemen A very good morning. Introduction Thank you for inviting me to speak at AFA’s annual conference once again. For the financial advisory industry to thrive, it must be seen as trustworthy. Trust takes years to build and can be eroded quickly when large scale misconduct or scandals occur. Poor culture and conduct is widely accepted as one of the key root causes of major conduct failings in the
- MAS
- Enforcement Actions
Last revised date:
- 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
- PDPC
- Public Consultations
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- Mediacorp Pte Ltd 1 Stars Avenue, Singapore 138507 t +65 6333 3888 f +65 6251 5628 mediacorp.sg Company Registration Number: 199201312E VIA E-MAIL ONLY E-mail: corporate@pdpc.gov.sg No. of Page(s): 8 [Including this page] 17 July 2019 Personal Data Protection Commission Dear Sirs, PDPC’S PUBLIC CONSULTATION ON PROPOSED DATA PORTABILITY AND DATA INNOVATION PROVISIONS We refer to the above matter and are pleased to submit our views, enclosed herein, for the
- MAS
- Speeches
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- Mr Ravi Menon, Managing Director of MAS and Chairman of IBF, Former Chairmen of the IBF Distinguished Guests, Ladies and Gentlemen, I am sure I speak for everyone in saying what a pleasure it is for us to be here as IBF celebrates its 40 years - 40 years of building skills and capabilities for what has become a leading international financial centre, and financial activities that support consumers and businesses with a broad range of their needs. I congratulate IBF for its achievements. Credit must
- MAS
- Exemptions
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- Eligibility requirements for representatives of financial advisers, including CMFAS examination and continuing education requirements. This notice applies to all licensed financial advisers, exempt financial advisers and their appointed representatives. It sets out the following requirements for appointed representatives: Minimum entry requirements. Application of the Capital Markets and Financial Advisory Services (CMFAS) examination requirements. Circumstances under which the CMFAS examination
- MAS
- Staff Papers
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- MAS Staff Paper No. 34, August 2004 - By Chan Lily and Lim Phang Hong Abstract Singapore participated in the IMF-World Bank Financial Sector Assessment Program (FSAP) in 2002-2004. As part of the FSAP, the MAS coordinated an industry-level stress test involving systemically important banks and insurance companies. The purpose of this paper is to share the many processes needed to execute a broad-based stress test involving institutions with dissimilar risk management practices, with a focus on
- PDPC
- Commission's Decisions
Last revised date:
- A financial penalty of $62,400 was imposed on Eatigo International for failing to put in place reasonable security arrangements to protect users' personal data in its possession or under its control. Click here for more information. PERSONAL DATA PROTECTION COMMISSION [2022] SGPDPC 9 Case No. DP-2010-B7267 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And Eatigo International Pte. Ltd. Organisation DECISION