Showing 4218 Documents for "DPT service"
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- MAS
- Media Releases
Last revised date:
- Singapore, 30 April 2021… The Monetary Authority of Singapore (MAS) announced today a new Regulatory Technology (RegTech) grant scheme and an enhancement of the Digital Acceleration Grant (DAG) scheme to accelerate technology adoption in the financial sector. MAS will commit $42 million for the RegTech grant scheme and enhanced DAG scheme. These grants are part of the S$250 million committed under the enhanced Financial Sector Technology and Innovation Scheme (FSTI 2.0) in August 2020. RegTech Grant
- MAS
- Media Releases
Last revised date:
- Singapore, 30 April 2021… The Monetary Authority of Singapore (MAS) announced today a new Regulatory Technology (RegTech) grant scheme and an enhancement of the Digital Acceleration Grant (DAG) scheme to accelerate technology adoption in the financial sector. MAS will commit $42 million for the RegTech grant scheme and enhanced DAG scheme. These grants are part of the S$250 million committed under the enhanced Financial Sector Technology and Innovation Scheme (FSTI 2.0) in August 2020. RegTech Grant
- MAS
- Macroeconomic Reviews
Last revised date:
- Following a firm start to 2023, global economic activity is expected to slow markedly over the coming quarters, as the full impact of the rapid and simultaneous tightening in global monetary policy over the past year filters through to the real economy. The boost from economic reopening and pent-up consumer demand is also set to wane. Against this backdrop, GDP growth in most of Singapore’s trading partners is expected to be below trend or even negative, in the coming quarters. China will be a notable
- MAS
- Speeches
Last revised date:
- Professor Tan, ladies and gentlemen, 1 Good morning. It is my pleasure to join you today. The theme of this symposium is germane as technological innovations and new business models continue to transform the financial industry. 2 I would like to share some thoughts in two areas – implications of the digital age for the industry, and our approach to regulation in the fast evolving landscape. Implications of the digital age 3 A common refrain we hear is that the broking industry is no longer
- PDPC
- Commission's Decisions
Last revised date:
- PERSONAL DATA PROTECTION COMMISSION [2018] SGPDPC [3] Case No DP-1612-B0423 In the matter of an investigation under section 50(1) of the Personal Data Protection Act 2012 And My Digital Lock Pte. Ltd. DECISION … Organisation -------- My Digital Lock Pte. Ltd. [2018] SGPDPC [3] Yeong Zee Kin, Deputy Commissioner — Case No DP-1612-B0423 12 February 2018 1 This is the third complaint lodged by the Complainant against My Digital Lock Pte. Ltd
- MAS
- Media Releases
Last revised date:
- Singapore, 5 May 2023... The Monetary Authority of Singapore (MAS) has imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement, following the widespread unavailability of DBS Bank’s digital banking services on 29 March 2023 and a subsequent disruption to its digital banking and ATM services on 5 May 2023. Together with the additional capital requirement imposed on DBS in February 2022 MAS Imposes Additional Capital Requirement on DBS Bank for Disruption of Digital Banking Services ,
- PDPC
- Public Consultations
Last revised date:
- Public Consultation for Managing Unsolicited Commercial Messages and the Provision of Guidance to Support Innovation in the Digital Economy – Submission of Comments Date Submitted 12 June 2018 Name This submission sets out Allen & Gledhill LLP’s comments and/or comments from one or more of our clients (who each have requested that their identity not be disclosed), on the public consultation by the Personal Data Protection Commission (“PDPC”) for managing unsolicited messages and the
- MAS
- Media Releases
Last revised date:
- Singapore, 7 February 2022... The Monetary Authority of Singapore (MAS) has imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement following the widespread unavailability of DBS Bank’s digital banking services during 23-25 November 2021. MAS has required DBS Bank to apply a multiplier of 1.5 times to its risk-weighted assets for operational risk. This translates to an additional amount of approximately S$930 million in regulatory capital (based on reported financial statements as at
- MAS
- Media Releases
Last revised date:
- Singapore, 29 March 2023... DBS notified MAS early this morning that its customers were experiencing difficulties logging in to its digital banking services. MAS has been in close contact with DBS to ensure expedited recovery of its digital services and timely communications to customers on the disruption. We note the bank has since resumed normal digital banking services and is monitoring the situation. 2. MAS takes seriously the reliability of banks’ critical IT systems. 3. Today’s disruption of
- PDPC
- Public Consultations
Last revised date:
- Feb 2018 The PDPC has issued a response to the feedback received from the public consultation. PDPC's Response to the Public Consultation on Approaches to Managing Personal Data in the Digital Economy Oct 2017 The public consultation on Approaches to Managing Personal Data in the Digital Economy has closed on 5 October 2017. Responses received at closing date on 5 October 2017 Jul 2017 This public consultation paper seeks views on the proposed Notification of Purpose and Legal or Business Purpose