News
MAS Invites Public Comment On Proposed Corporate Governance Framework
Posted On Monday, February 24, 2003
The Monetary Authority of Singapore (MAS) today (24 February 2003) issued a consultation paper on a set of proposed guidelines and regulations to enhance the existing corporate governance framework for locally incorporated banks and direct insurers. The paper consists of two parts: (i) a set of guidelines on the principles of corporate governance and disclosure, and (ii) regulations on corporate governance.
Signing of the Singapore-Australia Free Trade Agreement
Posted On Monday, February 17, 2003
The Singapore-Australia Free Trade Agreement was signed on 17 February 2003 in Singapore between the Minister for Trade, Australia, Mark Vaile and the Minister for Trade and Industry, Singapore, George Yeo.
Launch of the IP Academy
Posted On Tuesday, January 28, 2003
The Intellectual Property Academy (IP Academy) was launched on 23 January 2003 by Associate Professor Ho Peng Kee, Senior Minister of State for Law and Home Affairs. The IP Academy will be the focal point for IP education and training in Singapore. As knowledge and innovation become key factors boosting economic progress, the value of IP will become increasingly critical. This launch represents a milestone achievement in Singapore’s development into an IP hub.
MAS Lifts Car Loan Guidelines
Posted On Wednesday, January 22, 2003
The Monetary Authority of Singapore (MAS) announced that from today (22 January 2003), it will be lifting its 1995 car loan guidelines which restricted the maximum financing for the purchase of a car to 70% of its purchase price, including the price of its Certificate of Entitlement (COE), to be repaid over a period of not more than seven years.
MAS Releases Consultation Paper On Proposed Business Continuity Planning (BCP) Guidelines
Posted On Friday, January 10, 2003
The Monetary Authority of Singapore (MAS) today (10 January 2003) issued a consultation paper on proposed principles for Business Continuity Planning (BCP) and invites comment from financial sector participants and interested parties.
Media Development Authority (MDA) Formed
Posted On Wednesday, January 01, 2003
The MDA was formed by the merger of the Singapore Broadcasting Authority, the Films and Publications Department, and the Singapore Film Commission (SFC), on 1 Jan 2003. The setting up of MDA is in response to the convergence of different media that requires a consistent approach in developing and managing the different forms of media.
Capitamall Trust Singapore's First REIT IPO
Posted On Sunday, July 28, 2002
Capitamall Trust (CMT) is Singapore's first Real Estate Investment Trust (REIT) which IPOed in Juny 2002.
Justice Online Launched - Video Conferencing For Singapore Courts
Posted On Friday, June 28, 2002
The Courts in Singapore have begun with video-conferenced court hearings. Justice Online (JOL), launched on 28 June 2002, allows Singapore lawyers to attend court hearings from the comfort of their own offices, saving them time and, consequently, the courts money.
MAS seeks industry comments on Insurance Regulations
Posted On Tuesday, March 12, 2002
The Monetary Authority of Singapore ("MAS") on 12 March 2002 is seeking industry comments on certain regulations relating to the Insurance Act.
MAS seeks industry comments on Financial Advisers Regulations
Posted On Wednesday, March 06, 2002
The Monetary Authority of Singapore ("MAS") is seeking industry comments on a number of draft documents relating to the Financial Advisers Act (No. 43 of 2001) ["FAA"] issued on 6 March 2002.
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