Showing 3434 Documents for "securities"
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- PDPC
Last revised date:
- as part of a security measure.
- Personal data collected for security purposes A respondent commented that one scenario in the proposed education guidelines relating to the collection of an individual’s personal data such as NRIC for security purposes may be generalised to the collection of personal data in other organisations
- For example, an organisation that wishes to collect NRIC numbers of individuals for a specific purpose should notify and obtain consent from the individuals of that purpose; and adopt reasonable security measures to protect the NRIC numbers it has collected.
- MAS
- Parliamentary Replies
Last revised date:
- Moreover, all banks here have a wide range of assets including corporate and consumer loans, substantial holdings of Singapore Government Securities, and other securities and assets which are not related to property. 10. To summarise, the crisis in the U.S. and Europe is serious.
- Insurers’ asset portfolio typically comprises more liquid assets such as bonds and government securities which are more easily liquidated to raise cash should the need arise. Supervision 7.
- Banks and insurance companies in Singapore do not have large exposures to either US mortgage-related securities or to the institutions that have failed. Nor do we have subprime mortgages that are originated here.
- MAS
- Speeches
Last revised date:
- Fast and Secure Transfers A successful example of ISO 20022 adoption in Singapore is “Fast And Secure Transfers” or “FAST”. This is a secure electronic funds transfer service that is available 24/7. We started with 14 participating banks in March 2014, we now have 19.
- We have been talking to start-ups, software providers, and experts and practitioners in various fields of financial technology, including data analytics, cyber security, blockchains, and digital payments. We have learnt much from these interactions.
- FTIG’s mission is to formulate policies and strategies to create a conducive ecosystem for innovation while fostering safety and security. MAS has committed $225 million over the next five years under the Financial Sector Technology and Innovation scheme.
- PDPC
- Public Consultations
Last revised date:
- The codes of practice could require entities to implement privacy and security safeguards appropriate to particular sectors before receiving user-requested data.
- There remain a number of unresolved policy and technical questions with respect to data protection and security in the context of data portability, many of which are sector-specific.
- PDPC’s proposal for handling data portability requests (2.37-2.38) is detailed and accounts for many of the different factors that can impact how personal data should be securely ported from one organisation to another.
- PDPC
- Commission's Decisions
Last revised date:
- A financial penalty of $6,000 was imposed on National Healthcare Group for failing to put in place reasonable security arrangements to protect a list containing the personal data of partner doctors and members of the public from being publicly accessible online. Click here to find out more.
- In particular, the Chief Information Officer (CIO) and Cluster Information Security Officer (CISO) for the Organisation was employed by the IT Services Provider and seconded to the Organisation; (b) The IT Services Provider was a data intermediary.
- In this regard, the IT Services Provider ensured that the IT specifications of the Organisation were complied with by the Web Developer, which included coordinating and verifying bug fixes and remedies 2 -------- National Healthcare Group Pte Ltd [2019] SGPDPC 46 of security vulnerabilities
- MAS
- Media Releases
Last revised date:
- They expect seamless and secure ways to pay for any product or service digitally.
- The integration of FAST and PayNow with GrabPay will greatly enhance the payments experience by giving consumers new ways to seamlessly and securely top-up and transact via GrabPay.
- Giving non-bank financial service providers access to the FAST network is a major step in providing both businesses and individuals greater convenience and choice for real-time and secure digital payments.
- MAS
- Speeches
Last revised date:
- As the volume of trade in Singapore dollar securities increases, our management of the Singapore dollar will become more challenging.
- The ASEAN Finance Ministers agreed at their meeting in April to explore alliances and linkages among ASEAN securities markets to facilitate access to these less mature markets by international investors.
- The new leaders in ASEAN will have the opportunity to address economic and security challenges together, hopefully in a bold, creative and pragmatic manner. 11 The rise of China and India presents both opportunities and challenges for ASEAN.
- MAS
- Consultations
Last revised date:
- Currently the FAA regulates the sales and advisory process for investment products, defined as capital markets products, as defined under the Securities and Futures Act (SFA), and life insurance policies.
- 2 For example, some states in the US regulate TLPs as insurance products while others regulate them as securities.
- Institutional investors refer to regulated financial institutions or other entities that deal in financial products in the course of ordinary business (the institutions listed under sections 274 and 304 of the SFA will be used as a reference).
- MAS
- Regulations
Last revised date:
- S 328 SECURITIES AND FUTURES ACT (CHAPTER 289) SECURITIES AND FUTURES (SHORT SELLING) REGULATIONS 2018 ARRANGEMENT OF REGULATIONS Regulation 1. Citation and commencement 2. Definitions REGISTRATION AS ACCOUNT HOLDER 3.
- These Regulations are the Securities and Futures (Short Selling) Regulations 2018 and come into operation on 1 October 2018.
- Exemption for trustee The Schedule In exercise of the powers conferred by sections 137ZM and 341 of the Securities and Futures Act, the Monetary Authority of Singapore makes the following Regulations: PART 1 PRELIMINARY Citation and commencement 1.
- MAS
- Consultations
Last revised date:
- An SPRV may not issue any debt securities unless the agreement governing the issuance of the debt securities (a) makes it clear that the SPRV is a legal entity separate from any third party involved in the establishment of the SPRV; and (b) makes it a condition of the securities issued
- or to be issued by the SPRV that the holders of the securities undertake not to initiate or participate in winding up proceedings against the SPRV until the securities are discharged.
- consultation paper (the CP) inviting comments on the draft Insurance (Special Purpose Reinsurance Vehicles) Regulations 2008 (the Regulations) to govern Special Purpose Reinsurance Vehicles (SPRVs) set up in Singapore to enter into reinsurance contracts and issue insurance linked securities