Showing 5563 Documents for "MAS"

Filter by
Sort by

    • MAS
    • Financial Stability Reviews

    Last revised date:

    • Monetary Authority of Singapore
    • Under MAS Notice 613, all banks in Singapore are required to maintain an MCB of 3.0% of DBU liabilities base with the MAS.
    • The Monetary Authority of Singapore (MAS) conducts regular assessment of risks and vulnerabilities arising from developments in Singapore and the global economy, and assesses their implications on the soundness and stability of Singapore’s financial system.
    • MAS
    • Media Releases

    Last revised date:

    •         Singapore, 28 June 2011 … The Monetary Authority of Singapore (“MAS”) announced that Singapore-incorporated banks will meet capital adequacy requirements that are higher than the Basel III global capital standards 1 . 
    • MAS’ existing requirement for Total CAR will remain unchanged at 10%. 4   In line with Basel III requirements, MAS will introduce a capital conservation buffer of 2.5% above the minimum capital adequacy requirement. 
    • Chart 1 compares MAS’ CET1 requirements with the corresponding Basel III capital standards.
    • MAS
    • Speeches

    Last revised date:

    • MAS works closely with the Commercial Affairs Department to take enforcement actions ranging from civil penalties to criminal action.  Last year saw the fruition of MAS’ first civil penalty court action.
    • Many have asked MAS to do more to bring the full force of our law to bear on the wrongdoers.  Let me state the position categorically:  MAS will leave no stone unturned to take rigorous action against those who break our laws.
    • MAS therefore seeks to ensure that information disclosed is not only adequate but also transparent. Transparency MAS has sharpened the focus on providing investors information in a clear and concise manner to aid understanding.  
    • MAS
    • Macroeconomic Reviews

    Last revised date:

    • h t w o r G % Y O Y 8 6 4 2 0 -2 Chart 3.30 Headline CPI and MAS Underlying Inflation Forecasts Headline CPI Inflation Forecast MAS Underlying Inflation 2006 2007 2008 2009 2010 Q4 Source: EPG, MAS estimates Monetary Authority of Singapore Economic Policy Group -------
    • MAS on the liability side (through the credit of S$ to banks).
    • Chart 2.8 Headline CPI and MAS Underlying Inflation Headline CPI Inflation MAS Underlying Inflation 2006 2007 2008 2009 2010 Q1 Chart 2.9 Breakdown of Change in y-o-y CPI Inflation Change in YOY Inflation Base Effects QOQ Inflation 2008 2009 2010 Q1 and current Source: EPG, MAS estimates
    • MAS
    • Notices

    Last revised date:

    • [MAS Notice 1106 (Amendment) 2017] [MAS Notice 1106 (Amendment 2) 2017] [MAS Notice 1106 (Amendment) 2018] 17.
    • MAS
    • Notices

    Last revised date:

    • Monetary Authority of Singapore 37 -------- (a) (b) 8.
    • Monetary Authority of Singapore -------- Monetary Authority of Singapore SECURITIES AND FUTURES ACT (CAP. 289) NOTICE ON RISK BASED CAPITAL ADEQUACY REQUIREMENTS FOR HOLDERS OF CAPITAL MARKETS SERVICES LICENCES Monetary Authority of Singapore -------- : SFA 04-N13
    • MAS
    • Speeches

    Last revised date:

    • MAS will not require the licensing of portals which refer investors to open trading accounts with stockbrokers, provided the stockbrokers themselves are licensed by MAS. This is so, even if the websites offer incentives for account opening.
    • The MAS as regulator will foster healthy market practices, while maintaining a sound overall investment environment.
    • As I have just discussed the licensing principles broadly, interested parties should approach MAS to discuss the details of the revised licensing framework in relation to their business models. MAS will also be seeking further comments from relevant industry players on these changes.
    • MAS
    • Media Releases

    Last revised date:

    • About the Monetary Authority of Singapore The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator.
    • Authority of Singapore (MAS). 
    • Ms Jacqueline Loh, Deputy Managing Director, Monetary Authority of Singapore (MAS), said, Business and workforce transformation must go hand-in-hand.
    • MAS
    • Circulars

    Last revised date:

    • Appendix A of the MAS Notice 100 on Licensing of Insurers has been amended accordingly to set out the revised requirement. 4 The respective amendment regulations and revised MAS Notice 100 are available on the MAS website (www.mas.gov.sg).
    • ID 42/20 30 December 2020 Chief Executives/ Chief Executive Officer All Insurers and Lloyds Asia Scheme Administrator Dear Sir/Madam AMENDMENTS OF INSURANCE REGULATIONS AND MAS NOTICE 100 Currently, annual fees are paid to the Monetary Authority of Singapore (MAS) before 1st
    • Informs all insurers on changes to insurance regulations and MAS Notice 100. Circular No.
    • MAS
    • Enforcement Actions

    Last revised date:

    • Singapore, 16 March 2020 … The Monetary Authority of Singapore (MAS) has imposed a composition penalty of $400,000 on TMF Trustees Singapore Limited (TTSL) for failure to comply with MAS’ Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) requirements.
    • These failures were identified following an inspection by MAS. TTSL has paid the composition penalty in full and taken prompt remedial actions. 2     MAS found that, between June 2011 to April 2018, TTSL had failed to comply with MAS’ AML/CFT requirements for trust companies.
    • Each breach of Notice TCA-N03 is an offence punishable under section 27B(2) of the MAS Act, where the maximum prescribed fine is $1,000,000 per offence. The breach is compounded under section 176 of the MAS Act.