Showing 4566 Documents for "economic issues"
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- MAS
- FAQs
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- FREQUENTLY ASKED QUESTIONS ON MAS NOTICE 757 AND EQUIVALENT NOTICES OVERVIEW AND DEFINITIONS 1. What is MAS' policy on lending of S$ to non-resident financial institutions (formerly known as policy on non-internationalisation of S$)? The policy essentially limits the lending of S$ to non-resident financial institutions for speculation in the S$ currency market. The policy stems from the use of the exchange rate as the principal tool of monetary
- MAS
- Speeches
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- Ladies and gentlemen, good afternoon. Asia is becoming a global force in capital markets. In 2020, equity capital raised in the Asia-Pacific region increased by two-thirds. Debt capital increased by 10%. The Asia-Pacific accounted for more than one third of global equity proceeds as well as one-third of debt issuance last year. There are three reasons why Asian capital markets are poised for continued rapid growth: dynamic companies with large fundraising needs; large pools of capital looking for
- MAS
- External Publications
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- The ACIP best practice papers highlight the “red flag” customer behaviours or transaction patterns that financial institutions can look out for to detect illicit financial activities. Find out more about the best practices which ACIP has recommended as best practices for financial institutions to guard the misuse of company structures for illicit purposes. AML/CFT INDUSTRY PARTNERSHIP Legal Persons Misuse Typologies and Best Practices May 2018 -------- Legal Persons
- MAS
- Media Releases
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- Singapore, 2 April 2013…The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) have signed a Memorandum of Understanding (MOU) on Renminbi (RMB) Business Cooperation. Under the MOU, MAS and PBC will cooperate closely in reviewing the conduct of RMB businesses and clearing arrangements in Singapore. The two central banks also agree to establish a regular dialogue to review RMB liquidity conditions and discuss issues concerning the stability of the RMB market. 2 PBC has also
- MAS
- Media Releases
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- Singapore, 3 October 2014… Deputy Prime Minister and Minister for Finance, Tharman Shanmugaratnam, will be visiting San Francisco from 4 to 7 October 2014. DPM Tharman will be meeting California state leaders and visiting selected educational institutions to study different and new models of continuous education, in his capacity as Chairman of the SkillsFuture Council. He will also meet Singaporean entrepreneurs, professionals and students based in the Bay area. DPM Tharman will be accompanied by
- MAS
- Notices
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- Requirements for financial institutions dealing in precious stones and precious metals on anti-money laundering (AML) and countering the financing of terrorism (CFT) Financial institutions operating in Singapore are required to put in place robust controls to detect and deter the flow of illicit funds or activities through Singapore's financial system. Such controls include the need for financial institutions to identify and know their customers (including beneficial owners), to conduct regular account
- MAS
- Media Releases
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- Singapore, 20 September 2010…The 16th International Conference of Banking Supervisors (ICBS) will be held in Singapore from 20 to 23 September 2010. 2 Hosted by MAS and jointly organised with the Basel Committee on Banking Supervision (BCBS), the 16th ICBS will see senior officials from central banks and supervisory agencies from more than 100 countries in Singapore. They will discuss key supervisory issues and foster continuing cooperation in international banking oversight. 3 The themes of
- MAS
- Speeches
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- Speech by DPM Lee Hsien Loong, Chairman MAS, at the Association of Banks Annual Dinner Date: 29 Jun 2001 INTRODUCTION 1 Two years ago, MAS embarked on the first phase of a programme to liberalise the banking industry. The aim was to strengthen our local banks through competition, provide Singaporeans with quality banking services, and enhance Singapore's position as an international financial centre. We phased in the liberalisation measures progressively, to give local banks time to upgrade themselves
- MAS
- Media Releases
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- Singapore, 18 May 2022…The Monetary Authority of Singapore (MAS) and the Steering Committee for SOR & SIBOR Transition to SORA SOR is the Singapore Dollar (SGD) Swap Offer Rate and SIBOR is the Singapore Interbank Offered Rate. Both benchmarks are published by ABS Benchmarks Administration Co Pte Ltd. SORA is the Singapore Overnight Rate Average published by MAS and reflects the volume-weighted average rate of SGD unsecured overnight interbank borrowing transactions in Singapore. SORA is set to
- MAS
- Parliamentary Replies
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- For Parliament Sitting on 28 February 2019 Name and Constituency of MP Associate Professor Daniel Goh Pei Siong, Non-Constituency Member of Parliament Question 1. Is GEMS essentially a subsidy for SGX and the investment sector? Will such grants be effective for a capital/cash-rich sector? Will GEMS end up subsidising current equity research and listings that would happen anyway? Name and Constituency of MP Mr Dennis Tan Lip Fong, Non-Constituency Member of Parliament Question 2. Some recent corporate