Showing 4566 Documents for "economic issues"

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    • MAS
    • Media Releases

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    • Singapore, 13 July 2005...The Monetary Authority of Singapore (MAS) and the Economics Society of Singapore (ESS) today awarded prizes for the annual MAS-ESS Essay Competition 2004.  The prize giving ceremony took place during the ESS Annual Dinner.  Winners received their prizes from guest-of-honour   Ms Ho Ching, Executive Director and Chief Executive Officer of Temasek Holdings Pte Ltd. The winners in the Pre-University and University categories were: Pre-University Category University Category
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Consultation Paper on Proposed Regulatory Framework for Financial Benchmarks (353.1 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Regulatory Framework for Financial Benchmarks (373.3 KB) RESPONSE TO FEEDBACK RECEIVED PUBLIC CONSULTATION ON PROPOSED REGULATORY FRAMEWORK FOR FINANCIAL BENCHMARKS BACKGROUND 1 On 14 June 2013, MAS issued a consultation paper on the proposed 1.1 regulatory framework for financial
    • MAS
    • Parliamentary Replies

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    • Question No 925 Notice Paper No. 23 of 2009 For Oral Answer Date: For Parliament Sitting On/After 3 February 2009 Name and Constituency of Member of Parliament Penny Low, MP for Pasir Ris-Punggol GRC Question To ask the Senior Minister in view of the long history of controversies surrounding section 73 of the Conveyancing and Law of Property Act, if he will elaborate on (a) why the recent amendments to the Insurance Act took so long especially since some insurers have already been using separate
    • MAS
    • Speeches

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    •  1   The Minister for Trade & Industry and Deputy Chairman of the Monetary Authority of Singapore (MAS), Mr Lim Hng Kiang, today moved the Insurance (Amendment) Bill 2008 ("the Bill") for first reading in Parliament.  The Bill will be read a second time at the next available Parliamentary sitting. OVERVIEW 2   The Bill seeks to incorporate into the Insurance Act (“IA”) a framework for nomination of beneficiaries in respect of insurance policy proceeds.  This framework will give policy owners clear
    • MAS
    • Media Releases

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    • Singapore, 20 July 2020… The fifth UK-Singapore Financial Dialogue was held over a virtual meeting today. At the Dialogue, views were exchanged on domestic and international financial market developments and a broad range of issues discussed, including the parties’ respective responses to the COVID-19 pandemic. The Dialogue was chaired by Ms Katharine Braddick, Director General (Financial Services) of HM Treasury, and Ms Jacqueline Loh, Deputy Managing Director of the Monetary Authority of Singapore
    • MAS
    • Speeches

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    •  Date: 19 Jul 2000 1   POLICY APPROACH 1.1   Technology is changing the business of banking. The Internet has opened up new strategies and processes across the value chain of banking, including service delivery, customer relationship management, payment and settlement, and risk management. These innovations can significantly benefit banks and consumers by improving efficiency, and enhancing competition, price transparency, and convenience to customers. 1.2   Two broad business models have emerged
    • MAS
    • Speeches

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    •  Corporate Governance - A Higher Benchmark for the Insurance Industry 1   Ladies and gentlemen, good morning. 2   I would like to thank the Asia Insurance Review for inviting me to address you this morning. What is corporate governance? 3   Corporate governance is not a new concept but it has received much attention over the last few years.  We are all familiar with the high profile corporate collapses that have been attributed to corporate governance failures.  The corporate world has changed substantially
    • MAS
    • Speeches

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    •  1   Good morning, distinguished guests, ladies and gentlemen. To our overseas guests, may I extend a very warm welcome back to Singapore since I believe most, if not all of you do come to Singapore often.  The Singapore Structured Credit Conference provides a good occasion to bring together a wide group of participants – originators, intermediaries and investors – to discuss trends in the industry, share useful lessons and explore opportunities. 2   This is the second conference.  Many of you were
    • MAS
    • Speeches

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    • Mr Dennis Tan, President of LIA Singapore Distinguished guests Ladies and gentlemen 1. Thank you for inviting me to speak at today’s luncheon. 2. Let me first congratulate Dennis and the new LIA Management Committee on their appointments. I have every confidence that you will continue the good work of the outgoing team under the leadership of Mr Khor Hock Seng. 3. As we gather like this for the first time since 2019, I think it is important for us to reflect on the key role that the insurance industry
    • MAS
    • Media Releases

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    • Singapore, 13 October 2003...The International Advisory Panel (IAP) of the Monetary Authority of Singapore (MAS) met today to discuss the challenges and opportunities for Singapore against global trends in the financial industry and regional developments.  The IAP, chaired by Mr Lim Hng Kiang, Minister, Prime Minister's Office, Second Minister for Finance, and Deputy Chairman of MAS, comprises business and finance leaders from the international community. 2   IAP members observed that the global