Focus areas and schemes to develop Singapore as a global capital for Asian risk transfer.
This December 2019 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry.
Autoriti Monetari Brunei Darussalam (AMBD) and MAS committed to new areas of cooperation, with the signing of an enhanced Memorandum of Understanding on Bilateral Cooperation.
MAS issued an advisory to alert financial institutions in Singapore of critical vulnerabilities in the Microsoft Windows Operating System. Financial institutions using the affected systems have to take immediate action to install the relevant patches. MAS will continue to work closely with financial institutions to ensure that IT systems in the financial sector are safeguarded.
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $200,000 on Mr Lim Soon Fang for not disclosing changes in, and providing false information regarding his shareholding in Asia-Pacific Strategic Investments Limited (ASIL).
MAS and the Accounting and Corporate Regulatory Authority launched the Variable Capital Companies (VCC) framework today. The VCC is a new corporate structure that can be used for a wide range of investment funds and provides fund managers greater operational flexibility and cost savings.