Reply by Mr Ong Ye Kung, Minister for Transport, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister In Charge of MAS, at Committee of Supply 2021 - Amendment M0120, M0150, U0024, P0159, U0296, U0259, U0592
MAS has issued four-year prohibition orders against Mr Lau Man Chun, a former representative of an insurance broker, for dishonest conduct relating to the sale of personal accident policies.
MAS said that its regular surveillance of the banking system has not found significant funds from Myanmar companies and individuals in banks in Singapore.
This consultation paper sets out MAS' proposals to enhance the current requirements relating to enterprise risk management, investment risk management and public disclosure practices for insurers.
- Consultation number:
- Start date:
- 19 February 2021
- Closing date:
- 19 March 2021
This semi-annual brief on the Singapore economy also discusses external developments pertinent to our assessment of near-term economic prospects.
The TF NRA seeks to further deepen the understanding by law enforcement agencies, supervisors/regulators and the private sector of Singapore’s key TF threats and vulnerabilities, so that appropriate prevention and mitigation measures may be taken.
Promoting Economic Growth & Financial Stability
Maintaining a Robust, Resilient & Trusted Financial Centre
Developing an Innovative & Inclusive Financial Centre