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- MAS
- Media Releases
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- Singapore, 11 July 2023… The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) have signed a Memorandum of Understanding (MoU) to collaborate on a Financial Transparency Corridor (FTC) initiative. The initiative aims to establish supporting digital infrastructures to facilitate trade and cross-border related financial services between small and medium-sized enterprises (SMEs) in Singapore and Cambodia. 2. Under the FTC, a Singapore financial institution, in assessing financing
- PDPC
- Practical Guidance
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- Guidance on the application of the Data Protection and Do Not Call Provisions under the PDPA to the use of randomly generated 8-digit numbers to send SMS marketing messages. Click here to find out more. PRACTICAL GUIDANCE TO QUERIES BY SWIMMING BUSINESS A swimming business owner (the Organisation) has sought guidance from the Personal Data Protection Commission (the Commission) on the application of the PDPA to its business process. According to information provided by the Organisation, it
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback: Proposed Amendments to MAS Notice 637 (30.7 KB) Consultation Paper VIEW DOCUMENT Proposed Amendments to MAS Notice 637 on Risk Based Capital Adequacy Requirements for Banks Incorporated in Singapore 2010 (2.69 MB) 1 RESPONSE TO FEEDBACK RECEIVED CONSULTATION ON PROPOSED AMENDMENTS TO MAS NOTICE 637 ON RISK BASED CAPITAL ADEQUACY REQUIREMENTS FOR BANKS INCORPORATED IN SINGAPORE Introduction 1.1 On 15 January 2010, MAS issued a consultation
- MAS
- Speeches
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- Distinguished guests, Ladies and gentlemen, Introduction 1. Thanks for inviting me to the Singapore International Reinsurance Conference 2022. 2. This year’s conference theme – “Reconnecting … Re-shaping the Future!” is timely. Good to see the SIRC return as an in-person conference after two years in virtual format. Good to re-connect, share ideas, and build meaningful partnerships. Staying Resilient in Stormy Times 3. Senior Minister Tharman Shanmugaratnam delivered a speech at the IMAS-Bloomberg
- MAS
- Recent Economic Developments
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- 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 6 December 2017 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 % 2016 2017 Q4 Full Year Q1 Q2 Q3 2.9 12.3 11.8 2.7 2.0 2.5 - 2.0 3.7 8.5 2.8 15.0 2.9 2.2 8.5
- PDPC
- Public Consultations
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- HUNTON & WILLIAMS LLP I I l \l TON BEIJING REPRESENTATIVE OFFICE 517-520 SOUTH OFFICE TOWER BEIJING KERRY CENTRE N0 1 GUANGHUA ROAD CIIAOYANG DISTRICT '1;[+1MPM?Illlvfn??iltltgt{Watt BEIJING, PRC 100020 TEL 86-10- 5863'7500 FAX E6-IO- 5863-759I September 21, 2017 To: Singapore Personal Data Protection Commission (the PDPC), at corporate@pdpc.gov,sg Re: PDPCs Public Consultation on Approaches to Managing Personal Data in the Digital Economy Ladies and Gentlemen, My name is Manuel Maisog and I am
- MAS
- Media Releases
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- Singapore, 8 December 2020… The Monetary Authority of Singapore (MAS) and the Bank of Ghana (BOG) have commenced discussions to adopt the Business sans Borders (BSB) open hub of platforms between Singapore and Ghana. These discussions on close cooperation will benefit the small and medium-sized enterprises (SMEs) and micro-SMEs (MSMEs) SMEs and micro-SMEs (MSMEs) play a critical role in the economies of Singapore and Ghana, composing over 90% of all businesses and driving substantial employment and
- PDPC
- Commission's Decisions
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- DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1504-A421 METRO PTE LTD [Reg. No. 195700030E] ... Respondent Decision Citation: [2016] SGPDPC 7 GROUNDS OF DECISION 20 April 2016 BACKGROUND 1. On 21 April 2015, the Complainant, [Redacted] (Replaced with Ms C), complained to the Personal Data Protection Commission (the “Commission”) that she had been receiving calls from unknown numbers, and that when she conducted a search
- PDPC
- Commission's Decisions
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- A warning was issued to Metro for failing to make reasonable security arrangements to prevent unauthorised access to personal data held in Metro’s IT systems. Click here to find out more. 3. 4. 5. DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1504-A421 METRO PTE LTD [Reg. No. 195700030E] ... Respondent Decision Citation: [2016] SGPDPC 7 GROUNDS OF DECISION 20 April 2016 BACKGROUND 1. On 21 April 2015, the Complainant, [Redacted] (Replaced
- MAS
- Media Releases
Last revised date:
- Singapore, 8 December 2020… The United Nations Development Programme (UNDP) Global Centre for Technology, Innovation and Sustainable Development and the Monetary Authority of Singapore (MAS) have signed a partnership agreement to help small and medium-sized enterprises (SMEs) leverage technology to better access global value chains. 2 The partnership will provide SMEs with innovative financial and digital tools to help them better leverage data and more effectively access financing solutions. It