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MAS' Response to COVID-19

Learn about MAS' actions to support the Singapore economy and ensure the stability of our financial system amid the COVID-19 pandemic.

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News

  • Media Releases
    Published Date: 26 October 2020

    MAS notifies parties of intent to remove Manager of Eagle Hospitality REIT

    MAS has issued a Notice of Intention (NOI) to direct DBS Trustee Limited, the Trustee of Eagle Hospitality Real Estate Investment Trust (EH-REIT), to remove Eagle Hospitality REIT Management Pte Ltd (EH-REIT Mgt), the Manager of EH-REIT and appoint a new manager, in view of breaches of the Securities and Futures Act (SFA) by EH-REIT Mgt.

  • Media Releases
    Published Date: 23 October 2020

    Incorrect Media Reporting of Action Against Goldman Sachs (Singapore) Pte

    AGC, CAD and MAS pointed out today that the US$122 million to be paid by Goldman Sachs Singapore Pte (GSSP) to the Singapore Government has been incorrectly reported by several media as a ‘fine’ and as being on top of the US$2.9 billion to be paid by the Goldman Sachs Group Inc (GSG) and its affiliates pursuant to the Deferred Prosecution Agreement entered into between GSG and the US Department of Justice.

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