Tag: Monetary Authority of Singapore

MAS warns of website using ESM Goh’s name to solicit bitcoin investments

Singapore—On July 31, Wednesday, the Monetary Authority (MAS) issued a warning concerning statements on a website accredited to Emeritus Senior Minister Goh Chok Tong encouraging people to deposit money into Bitcoin Loophole, since ESM Goh never made those statements at all. According to MAS this...

SG installs new advocacy group to streamline country’s corporate governance guidelines

Recognised as the first for Singapore, the Monetary Authority of Singapore (MAS) has created the Corporate Governance Advisory Committee (CGAC), the country's highest financial regulator that is designed as a permanent, industry-led institution. CGAC is tasked to enhance the country’s existing corporate governance standards...

MAS Offers Exemptions From TDSR – First Step In Preventing a Home Loan Debt Bubble?

Yesterday's announcement by the Monetary Authority of Singapore (MAS) that it would exempt owner-occupiers of residential properties from the current TDSR rules was an interesting move – especially when you consider how quick MAS moved to contest a Forbes article about a potential housing...

Forbes writer’s rejoinder

Forbes commentator Jesse Colombo predicted that Singapore was headed towards an economic meltdown. The Monetary Authority of Singapore rejected his views. Now Colombo gives a point-by-point rejoinder. Here is an excerpt: The MAS said the government has “taken decisive steps to cool property demand and...