Showing 4566 Documents for "economic issues"

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    • MAS
    • Media Releases

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    • Building Resilient Business Models amid Volatility and Change Singapore, 8 August 2022… The Monetary Authority of Singapore (MAS) and Elevandi (a not-for-profit entity set up by the MAS to connect people and businesses, ideas and insights in the FinTech sector in Singapore and globally) today announced the return of the Singapore FinTech Festival (SFF) as an in-person event to be held from 2 to 4 November 2022, with industry events and the annual Innovation Lab Crawl being held on 31 October and
    • MAS
    • Speeches

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    • Mr Rodney Lim, IMAS Regulatory Committee Chairman, Ladies and gentlemen, 1   Good afternoon, and happy lunar new year to all of you. Thank you for having me at this year’s IMAS’ Regulatory Forum again. I am very happy to be here for the second year. 2   2016 has been an eventful year. The effects of the geopolitical and economic events that we witnessed last year will continue to be felt through 2017. As the developments unfold, we will have to continue to keep a close watch on issues that will impact
    • MAS
    • Speeches

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    • Professor Ravi Kumar, Dean, Nanyang Business School Professor Shaun Wang, Director, Insurance Risk and Finance Research Centre at the Nanyang Technological University and Chairman for today’s conference Ladies and gentlemen, good morning. A. Global Cyber Risk Landscape 1   Thank you having me this morning at the Asia Cyber Risk Summit. At some point, most (if not all) of us would have been targets of a cyber attack, even if it was something as simple as a phishing email. 2 Today’s cyber attacks are
    • MAS
    • Consultations

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    • Response VIEW DOCUMENT Response to Feedback Received – Proposed Amendments to MAS Notice 637 to Implement Revisions to the Basel III Capital Framework (258 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Amendments to MAS Notice 637 to Implement Revisions to the Basel III Capital Framework (3.12 MB) RESPONSE TO  FEEDBACK RECEIVED Oct 2016 Response to Feedback  Received  Proposed  Amendments to MAS Notice  637 to Implement Revisions  to the Basel III Capital  Framework    Monetary
    • MAS
    • Media Releases

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    • Singapore's Robust Financial System Gets Strong Endorsement from IMF Singapore, 27 April 2004...The International Monetary Fund (IMF) has affirmed the robustness of Singapore's financial system and the soundness of Singapore's legal, supervisory and institutional framework. The Financial System Stability Assessment (FSSA 1 ) report published today highlights that Singapore's financial sector is resilient and robust and commends Singapore's high degree of observance of international standards and
    • MAS
    • Media Releases

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    • Singapore, 13 November 2018… The Central Bank of Bahrain (CBB) and the Monetary Authority of Singapore (MAS) today signed a Memorandum of Understanding (MOU) to foster innovation in financial services between the two countries. 2   The MOU will support the sharing of information on emerging Fintech trends and developments, and facilitate co-operation on innovation projects in Bahrain and Singapore. The MOU also sets out a common framework to help FinTech companies prepare for regulatory requirements
    • MAS
    • Media Releases

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    • Singapore, 26 April 2023… The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) held a series of meetings in Singapore on 25 and 26 April 2023 to discuss issues related to the assessment and management of climate-related financial risks and transition financing for a more sustainable economy. The meetings were hosted by the Monetary Authority of Singapore (MAS) and chaired by Mr Ravi Menon, Managing Director, MAS and Chair of the NGFS. 2. The NGFS Annual Plenary Meeting
    • MAS
    • Notices

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    • Requirements for direct life insurers to exercise due diligence and conduct their business with high ethical standards, to guard against money laundering and terrorism financing. This notice applies to all direct life insurers in relation to their life policies. It sets out: Requirements on money laundering and terrorism financing risk assessment and mitigation measures. Customer due diligence (CDD) measures required before and after establishing business relations with any customer. Requirements
    • MAS
    • Media Releases

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    • Singapore, 7 December 2020... The Monetary Authority of Singapore (MAS) and the Smart Nation and Digital Government Group (SNDGG) today launched the Singapore Financial Data Exchange (SGFinDex) , which will enable Singaporeans to consolidate their financial information for more effective financial planning. 2.      SGFinDex is the world's first public digital infrastructure to use a national digital identity and centrally managed online consent system to enable individuals to access, through applications
    • MAS
    • Consultations

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    • Consultation Paper VIEW DOCUMENT Proposals for the Implementation of Basel II in Singapore - Phase 4 (168.2 KB) CONSULTATION PAPER P018 - 2006 November 2006 Proposals for the Implementation of Basel II in Singapore - Phase 4 -------- its report on PREFACE In June 2004, the Basel Committee on Banking Supervision (BCBS) International Convergence of Capital issued Measurement and Capital Standards: A Revised Framework (commonly known as Basel II). Following three