Showing 5563 Documents for "MAS"
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- MAS
- Parliamentary Replies
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- In fact, this is something the MAS has studied very carefully. MAS regularly reviews its monetary policy approach and it does not take the status quo and what it does today as a given.
- MAS and MinLaw are also exploring how relevant data can be captured in the credit bureaus.
- MAS also commissions periodic mystery shopping exercises to assess the quality of advice and adequacy of information disclosure provided by FA firms and their representatives. 16 Where laws or regulations have been breached, MAS has taken appropriate disciplinary actions.
- MAS
- Consumer Price Developments
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- MAS Core Inflation The Monetary Authority of Singapore (MAS) monitors a core inflation measure that excludes the components of Accommodation and Private Transport. These items are excluded as they tend to be significantly influenced by supply-side administrative policies and are volatile.
- https://www.mas.gov.sg/- A detailed review of MAS Core Inflation can be found in A Review of the Core Inflation /media/MAS/resource/publications/staff_papers/StaffPaperNo51.pdf 7 -------- Table A.1 Consumer Price Index of Key Categories Index (2019=100) All Items MAS Core Food Services
- Given the recent stronger-than-projected inflation outturns, including the sharp uptick in airfares, MAS and MTI are reviewing the current forecast ranges for CPI-All Items inflation and MAS Core Inflation in 2022.
- MAS
- Pages
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- Ravi Menon, Managing Director, Monetary Authority of Singapore Ravi Menon, Managing Director, Monetary Authority of Singapore MAS has outlined our e-payments vision and our progress over the years.
- The Monetary Authority of Singapore (MAS) has the opportunity to underpin the realisation of the Smart Nation Vision by engineering the By creating payment solutions that are swift, simple, secure, accessible to all and accepted by all, the MAS will help achieve the Smart Nation Vision.
- MAS seeks to foster an inclusive e-payments society by making e-payments easy to use and accessible to everyone. The Singapore Payments Roadmap (1.32 MB) is a collaborative effort by MAS and KPMG to study Singapore’s payment landscape.
- MAS
- Media Releases
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- The Monetary Authority of Singapore (MAS) today announced four new senior management appointments as part of an ongoing process to renew MAS’ leadership bench. There will also be two changes in senior appointments. The new appointments and changes will take effect on 1 April 2021.
- She will take over from Mr Ong Chong Tee, Deputy Managing Director (Financial Supervision), who is leaving MAS.
- Boon Ngiap represented MAS at the board meetings of the International Organisation of Securities Commissions.” 8 “MAS is deeply grateful to Chong Tee and Boon Ngiap for their leadership and significant contributions over 35 years each of dedicated service.
- MAS
- Media Releases
Last revised date:
- The Monetary Authority of Singapore (MAS) today announced four new senior management appointments as part of an ongoing process to renew MAS’ leadership bench. There will also be two changes in senior appointments. The new appointments and changes will take effect on 1 April 2021.
- She will take over from Mr Ong Chong Tee, Deputy Managing Director (Financial Supervision), who is leaving MAS.
- Boon Ngiap represented MAS at the board meetings of the International Organisation of Securities Commissions.” 8 “MAS is deeply grateful to Chong Tee and Boon Ngiap for their leadership and significant contributions over 35 years each of dedicated service.
- MAS
- Enforcement Actions
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- These failures were identified by MAS in an inspection.
- Singapore, 22 July 2020 … The Monetary Authority of Singapore (MAS) has imposed a composition penalty of $1,100,000 on Asiaciti Trust Singapore Pte Ltd (ATSPL) for its failure to comply with MAS’ Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) requirements.
- MAS will not hesitate to take action against FIs that fail to meet the standard required under our AML/CFT regulations.” *** Additional Information: Composition of AML/CFT offences MAS’ AML/CFT requirements for trust companies are set out in MAS Notice TCA-N03 on Prevention of Money Laundering and Countering
- MAS
- Media Releases
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- MAS has worked with FIDReC to put in place a fast-tracked process for affected investors. 3 Second, MAS will take firm and appropriate regulatory action where there are breaches of law or regulations by the FIs or their representatives.
- Singapore 2 October 2008...MAS today outlined our overall approach in dealing with recent developments concerning the sale of structured products to the public. 2 First, MAS assures investors who have purchased DBS High Notes 5, Lehman Minibonds and Merrill Lynch Jubilee Series 3 LinkEarner Notes
- MAS also recognises that the current concerns about the sale of structured products differ across FIs, relationship managers, products and types of investors.
- MAS
- Media Releases
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- Singapore, 20 March 2019… The Monetary Authority of Singapore (MAS) published its inaugural Enforcement Report (1.35 MB) today. The report outlines MAS’ enforcement priorities and provides greater accountability and transparency into the actions taken against breaches of MAS’ rules and regulations.
- In addition, the report outlines the types of misconduct MAS is currently investigating and the key initiatives MAS has undertaken to uphold Singapore’s reputation as a clean and trusted financial centre. 4 Ms Gillian Tan, Executive Director (Enforcement), MAS said “As Singapore’s financial industry
- This enables MAS to detect and investigate wrongdoings early, so that timely enforcement action can be taken against errant representatives.
- MAS
- Monographs/Information Papers
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- As credit risk remains a key concern for the financial sector, MAS expects banks to be vigilant in adopting sound credit risk management standards and practices to guard against these external vulnerabilities. 2 Against this backdrop, MAS conducted a thematic review
- MAS looks to the banks Board and senior management to provide oversight and maintain high standards in this area.
- MAS will continue to engage banks on the effectiveness of their credit risk management as part of our on-going supervision. _______________________________________________________________________________________ 15 MONETARY AUTHORITY OF SINGAPORE -------- THEMATIC REVIEW - COLLATERAL
- MAS
- Consultations
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- MAS Response 3.2.9 MAS does not intend to prescribe specific disclosure requirements through the Guidelines.
- MAS seeks comments on the proposed additional portfolio requirements for MMFs under the CIS Code as set out in Annex C. MAS Proposals 1.
- MAS seeks comments on the proposed Guidelines as set out in Annex B.