Showing 3434 Documents for "securities"
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- MAS
- Media Releases
Last revised date:
- SFD will be responsible for regulating securities, asset management and financial futures companies, and the capital markets. It will be organised into three divisions: Securities and Asset Management, Financial Futures, and Corporate Finance.
- BD will be headed by Mrs Foo-Yap Siew Hong, who will be designated Senior Executive Director. 7 The Securities and Futures Department (SFD) will bring together the existing Securities Industry Department, SIC Secretariat, and Futures Division.
- The Securities and Asset Management Division will give priority to developing supervisory practices for the fund management industry, following best international practices.
- MAS
- Speeches
Last revised date:
- A Single Licensing Regime 13 The FA Bill will introduce a streamlined licensing regime for persons engaging in financial advisory activities on securities, futures and life insurance.
- These statutes are the Securities Industry Act, Futures Trading Act and Insurance Intermediaries Act. 4 Over the past few years, product innovation has resulted in the emergence of new and complex products that have blurred product lines.
- As mentioned earlier, corporate finance advisory activities will be regulated under the Securities and Futures Bill. 3 The current regulatory framework for Financial Advisers are contained in various pieces of statutes, depending on the asset class they advise on.
- MAS
- Media Releases
Last revised date:
- investors in these non-conventional products the current regulatory safeguards under the SFA for investors in capital markets.
- Many of these products have features that are similar to regulated capital markets products, but are structured to assign ownership of underlying physical assets to investors, thereby taking them outside the regulatory perimeter of the Securities and Futures Act (SFA 2 ). 3 MAS proposes to extend to
- In economic effect, such arrangements are equivalent to collateralised borrowing and will be regulated as “debentures” under the SFA. ii. Schemes which have the elements of a regulated collective investment scheme but do not pool investors’ contributions.
- PDPC
- Practical Guidance
Last revised date:
- Each organisation should consider adopting security arrangements that are reasonable and appropriate in the circumstances. 4.20 There is no one size fits all security solution for organisations and the PDPA does not prescribe any specific security arrangements that the Applicants
- PDPC is therefore unable to confirm if the Applicants IT departments security arrangements would be considered adequate or appropriate.
- The Applicants information technology department controls access to various applications and services through the use of password protected user accounts and different security levels of access rights. vii.
- MAS
- Notices
Last revised date:
- -------- Singapore Government securities and treasury bills Other government securities and treasury bills Other debt securities - - quoted unquoted (II) At fair value Debts Fair Value Held for trading Fair value option Available-for- sale
- and treasury bills Other government securities and treasury bills Other debt securities - - quoted unquoted Equity Cost Investments in subsidiaries: - - quoted unquoted Investments in associates and joint ventures/jointly controlled companies: - - quoted unquoted
- (iii) List of assets of the merchant bank that have been mortgaged or pledged with other banks, financial institutions, etc, as securities for funds provided to the merchant bank or any party by way of deposits, loans, advances or any other means. -------- MAS 1002 Appendix I PART
- MAS
- Media Releases
Last revised date:
- The announcement was made a day after MAS disclosed that it will be drawing up a single licensing framework to regulate the activities of dealers of securities and futures, fund managers and underwriters.
- Both changes are part of MAS' review of its licensing regime for securities and futures intermediaries. Today's announcement concerns firms that offer financial planning advice, and/or arrange contracts on clients' behalf.
- To minimise regulatory overlap, fund managers and dealers that are licensed under the Securities Industry Act, as well as banks, insurance companies and their agents will be exempted from licensing under the proposed legislation.
- MAS
- Circulars
Last revised date:
- In conjunction with this review, the MAS is also issuing an equivalent Notice, 4 MAS Notice 1201, for securities dealers in Singapore. Pursuant to Section 33A of the Securities Industry Act (Cap 289), securities dealers are required to observe the guidelines stipulated under MAS Notice 1201.
- These refinements are that: Banks may now lend S$-denominated securities to non-residents as long as the loan is fully collateralised with S$ cash or other S$ assets.
- With this, foreign securities dealers in Singapore will now be deemed as "residents" under the revised S$ policy. They will be able to obtain S$ funding to finance their capital market activities in Singapore.
- MAS
- Speeches
Last revised date:
- Since then, the banking industry has matured in the way it addresses technology risks and related security issues.
- One of our key concerns is with data security and confidentiality: the preservation and protection of customer information residing with service providers.
- Indeed, institutions have a strong incentive to build customer confidence by developing strong security standards and robust codes of conduct; these can then be implemented more broadly through a process of industry peer pressure.
- PDPC
- Commission's Decisions
Last revised date:
- Reasonable or adequate security arrangements when transferring personal data must at least involve a process where the personal data is reasonably protected from unauthorised access or interference, until the personal data reaches its intended destination or recipient where other security
- A warning was issued to My Digital Lock for failing to make reasonable security arrangements to protect the personal data of a customer during its transfer. Click here to find out more. DECISION OF THE PERSONAL DATA PROTECTION COMMISSION Case Number: DP-1601-A628 MY DIGITAL LOCK PTE. LTD.
- In view of the above, the Commission finds that the Respondent had failed to make reasonable security arrangements to protect personal data in its possession or under its control when transferring the Complainants Personal Data using Mr As Facebook page.
- MAS
- Circulars
Last revised date:
- Singapore (MAS) appointed external auditors under section 320(1) of the Securities and Futures Act (Cap. 289) (SFA), section 65(1) of the Financial Advisers Act (Cap. 110) (FAA), section 73(3) of the Trust Companies Act (Cap. 336) (TCA) and section 50(1) of the Insurance
- However, MAS observed that other CF firms had in place the following controls: staff trading P&Ps requiring directors and relevant staff to obtain approval prior to executing personal trades in securities; all staff are not allowed to trade securities placed on the black lists
- under Paragraph 7(1)(b) of the Second Schedule to the Securities and Futures (Licensing and Conduct of Business) Regulations Dear Sirs ENHANCING ANTI-MONEY LAUNDERING & COUNTERING THE FINANCING OF TERRORISM MEASURES AND BUSINESS CONDUCT In 2014, the Monetary Authority of