Showing 4566 Documents for "economic issues"
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- Speeches
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- 1 Good morning. I would like to thank the Insurance Risk and Finance Research Centre (IRFRC) for putting together this conference. 2 I would like to take this opportunity to share a few observations on the prospects of the Asian insurance industry, and, in keeping with the conference theme, the risks confronting the region today. The Asian risk and insurance landscape 3 Asia offers immense growth opportunities for insurers. Although gross premiums in Asia ex Japan have increased by about 16% per
- MAS
- Speeches
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- Your Excellencies, distinguished guests, ladies and gentlemen, good morning. To all our foreign guests, a warm welcome to Singapore Introduction 1 I am very honoured to be invited to deliver the Welcome Address for the 6th World Islamic Banking Conference Asia Summit. I am pleased that this conference continues to attract a growing number of industry professionals from Asia and the Middle East, with total attendance more than doubling since it was launched in 2010. This underscores the bright
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Consultation Feedback on Enhanced Resolution Regime (593.1 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposed Enhancements to Resolution Regime for Financial Institutions in Singapore (332.9 KB) RESPONSE TO FEEDBACK RECEIVED 29 April 2016 Proposed Enhancements to Resolution Regime for Financial Institutions in Singapore Monetary Authority Of Singapore 1 -------- RESPONSE TO FEEDBACK RECEIVED ON PROPOSED ENHANCEMENTS TO RESOLUTION
- MAS
- Consultations
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- Response VIEW DOCUMENT Response to Feedback: Widening the Scope of Eligible Collateral in MAS Notice 637 (718.6 KB) Consultation Paper VIEW DOCUMENT Consultation Paper on Proposals to Widen Scope of Eligible Collateral in MAS Notice 637 (378.9 KB) RESPONSE TO FEEDBACK RECEIVED RESPONSE TO November 2018 FEEDBACK RECEIVED October 2018 Proposed Amendments to Widen the Scope of Eligible Collateral in MAS Notice 637 Designation (Department) Designation (Department) Name of officer (x1234
- MAS
- Circulars
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- Outlines MAS’ policy review of MAS Notice 1105 in May 2004. To : All Merchant Banks in Singapore Dear Sir/Madam MAS NOTICE 1105 - LENDING OF SINGAPORE DOLLAR TO NON-RESIDENT FINANCIAL INSTITUTIONS Since 1998, MAS has progressively liberalised our policy on the non-internationalisation of the Singapore Dollar ("S$") to facilitate the development of Singapore's capital markets. Following the last revision of the policy in March 2002, MAS has recently completed another review of the policy and refined
- MAS
- Parliamentary Replies
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- Issues Raised in Parliament Reply to Parliamentary Question on the Singapore Dollar For Parliament Sitting on 29 Jun 1998 Question: To ask the Deputy Prime Minister (a) what steps the Government intends to take to check the decline of the Singapore dollar, and (b) how has the decline in value of Japanese yen affected our dollar and trade. Answer: (a) What steps the Government intends to take to check the decline of the Singapore dollar. 1. In the first 2 weeks of June, the S$ had weakened against
- MAS
- Notices
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- Requirements for approved trustees on anti-money laundering (AML) and countering the financing of terrorism (CFT). Financial institutions operating in Singapore are required to put in place robust controls to detect and deter the flow of illicit funds through Singapore's financial system. Such controls include the need for financial institutions to identify and know their customers (including beneficial owners), to conduct regular account reviews, and to monitor and report any suspicious transaction
- MAS
- Media Releases
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- Singapore, 4 February 2022… The Monetary Authority of Singapore (MAS) announced today the release of five white papers detailing assessment methodologies for the Fairness, Ethics, Accountability and Transparency (FEAT) principles, to guide the responsible use of AI by financial institutions (FIs). The white papers were published by the Veritas Consortium, comprising 27 industry players. The Consortium also released an open-source toolkit Veritas Toolkit version one is available at https://github.com
- MAS
- Media Releases
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- Second Reading Speech by Mr Lee Hsien Loong, Deputy Prime Minister, Minister for Finance and Chairman, Monetary Authority of Singapore Mr Speaker Sir, I beg to move, "That the Bill be now read a second time". Introduction 2 The global financial and regulatory landscape has undergone significant changes in recent years. The management of risk has become more complex. Changing economic conditions and greater market volatility have also increased the risks faced by financial systems. To enable
- MAS
- Speeches
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- Your Excellency Mr Takaaki Kojima, Ambassador of Japan to Singapore, Mr. Shigehara Suzuki, President & CEO Daiwa Securities Group Inc., Mr. Shin Yoshidome, President Daiwa Securities SMBC, Distinguished Guests, Ladies and Gentlemen. Good Evening, 1 I am delighted to be here this evening for the joyous occasion of Daiwa Securities Group’s 35th anniversary in Singapore. This marks yet another important milestone for Daiwa, and your continued commitment to Singapore. DAIWA’S GROWTH STORY IN SINGAPORE