Singapore
Speech by 2nd Minister for Finance, MAS, 23 Jul
SPEECH - In the speech the Minister for Health and Second Minister for Finance said the banking industry in Singapore has introduced new technologies to improve this cheque clearing process. He gives an example of this is the magnetic-ink character…
IMF, World Bank meetings in 2006 in Singapore
SINGAPORE - The International Monetary Fund and World Bank's annual meetings are likely to attract 15,000 delegates and S$30 million when they are staged at Singapore's Suntec City in 2006.
MAS issues new risk-based capital requirements
SINGAPORE - With effect from 1 October 2002, holders of Capital Markets Services (CMS) licences will be subject to new risk-based capital requirements under a subsidiary legislation of the Securities and Futures Act 2001.
MAS issues guidelines on internet banking
SINGAPORE - The Monetary Authority of Singapore has called on banks to address the rising danger of new threats to Internet banking, including attacks by hackers.
Young blood for MAS' senior ranks
SINGAPORE - Nine officers at the Monetary Authority of Singapore, whose average age is 40, will move into key positions as part of organisational revamp, the Singapore Straits Times reported on Tuesday.
Asia central banks could be gold buyers
SINGAPORE - Asia's reserve-rich central banks are potential buyers of gold to diversify their reserve assets, even as European central banks cut their holdings, a senior official of the World Gold Council said on Monday.
Singapore central bank to revise structure
SINGAPORE - The Monetary Authority of Singapore said on Thursday it will introduce several structural changes "to more clearly align the organisation's resources and objectives."
MAS Press Release
PRESS RELEASE - MAS Seeks Public Comment on Guidelines for Retail Hedge Funds, 13 August.
MAS Press Briefing on Annual Report release
PRESS BRIEFING - Press Briefing for Monetary Authority of Singapore Annual Report 2001-2002. Opening remarks by Mr Koh Yong Guan, Managing Director, MAS, 2 August.
MAS - Annual Report 2001-2002
ANNUAL REPORT - The Monetary Authority of Singapore has published its Annual Report for the year ended 2001-2002.
Structural problems must be confronted says Rubin
SINGAPORE - Two of the world's major economies, Japan and the European Union (EU), need vital structural reforms if they are to achieve sustainable growth, former US treasury secretary Robert Rubin said on Thursday.
MAS says recession is officially "over"
SINGAPORE - Singapore's worst and longest recession is over. The shrinkage actually ended abruptly on 31 December, the Monetary Authority of Singapore (MAS) said Thursday.
MAS Monetary Policy Statement
STATEMENT - Monetary Authority of Singapore, Monetary Policy Statement, 11 July.
Speech by DPM Lee Hsien Loong, Singapore, 15 July
SPEECH - In the speech titled 'Best practices in insurance regulation' Loong said that "MAS will continue to work together with the insurance industry to achieve international best practices and standards. Over the past two years, MAS has worked hard to…
MAS - Annual Report 2000-2001
ANNUAL REPORT - The Monetary Authority of Singapore has published its Annual Report for the year ended 2000-2001.
Speech by Thomas Dawson of the IMF, 10 Jul
SPEECH - In the speech 'The IMF's Role in Asia: Part of the Problem or Part of the Solution?' Dawson said the regional crisis which threw formerly buoyant Asian economies into a tailspin five years ago was itself a critical acid test for the…
Use standard loan documents: MAS
SINGAPORE - The Monetary Authority of Singapore (MAS) yesterday encouraged Singapore banks to adopt standardised templates for loan documentation, saying this would benefit them and borrowers, as well as help in the growth of the loan syndication market.
Retreating to the sanctuary of gold
FEATURE - 'Gold is back,' declared a leading news agency this week in an analysis into why the yellow metal has pushed resolutely back above US$300 an ounce for the first time in two years, and why investor interest is at its highest in almost 20 years.
Speech by Ravi Menon of the MAS, 5 March
SPEECH - Menon said in the speech titled 'The Five "C"s in Banking: Emerging Issues and Policy Responses' that Singapore banks should switch auditors every five years to prevent potential conflicts of interest. "The new rule is necessary to cement…
Singapore, Hong Kong sign agreement on regulation
SINGAPORE - The Monetary Authority of Singapore (MAS) signed a Memorandum of Understanding (MOU) Friday with the Office of the Commissioner of Insurance of Hong Kong (OCI) for cooperation in regulation of the insurance industry.
Speech by Hauw Soo Hoon of the MAS, 5 March
SPEECH - The message from Hoon in her keynote address 'New Chapter, Same Mission' was that the writing is on the wall for insurance firms: Unethical behaviour from their sales force will be met by a tougher stance and could translate into penalties.
Speech by Koh Yong Guan, MD of the MAS
SPEECH - Koh Yong Guan said in the speech that the central bank is issuing an industry consultative paper on "credit portfolio stress testing," and the feedback from this will be used to formulate the guidelines. "Financial institutions in Singapore can…
Speech by Senior Minister from Singapore gov't
SPEECH - In the speech titled 'Disclosure and corporate governance - Challenges in Moving Ahead' Shanmugaratnam said "We have made good progress in the four years since we embarked on a shift towards disclosure-based regulation. Our listed companies have…
Singapore's MAS to issue currency notes, coins
SINGAPORE - The Monetary Authority of Singapore (MAS) will expand its responsibilities to include the issuance of currency notes and coins from March next year, officials said Wednesday.