MAS Act definition

MAS Act means the Monetary Authority of Singapore Act (Cap. 186);
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MAS Act means the Monetary Authority of Singapore Act, Chapter 186 of Singapore, as amended;
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MAS Act means the Monetary Authority of Singapore Act, Chapter 186 of Singapore, as modified or amended from time to time, including but not limited to the subsidiary legislation issued thereunder.
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Examples of MAS Act in a sentence

  • A bank or merchant bank which is an exempt financial adviser under section 23(1) is exempt from the requirements of the FAA in respect of its provision of giving advice, or issuing or promulgating analyses or reports, on contracts or arrangements for the purposes of foreign exchange trading arranged by it or by any bank licensed under the Banking Act or any merchant bank approved as a financial institution under the MAS Act.

  • In order to avoid double regulation of the same activity, banks, merchant banks and finance companies are exempted from holding a licence, and from complying with requirements that these DTIs are already subject to under the Banking Act, MAS Act, and FCA.

  • The expressions used in this Notice shall, except where defined in this Notice or where the context otherwise requires, have the same meanings as in the MAS Act.

  • I-1-1 MAS issues Regulations under section 27A of the MAS Act in order to discharge or facilitate the discharge of any obligation binding on Singapore by virtue of a United Nations Security Council Resolution (“UNSCR”) 8 .

  • The provision of advice on leveraged foreign exchange trading is excluded from the requirements of the FAA so long as these activities areperformed for or in connection with a contract or an arrangement arranged by a bank licensed under the Banking Act or a merchant bank approved as a financial institution under the MAS Act.

  • A payment service provider shall, in taking enhanced CDD measures to manage and mitigate any higher risks that have been identified by the payment service provider or notified to it by the Authority or other relevant authorities in Singapore, ensure that the enhanced CDD measures take into account the requirements of any laws, regulations or directions administered by the Authority, including but not limited to the regulations or directions issued by the Authority under section 27A of the MAS Act.

  • This Notice is issued pursuant to Section 28(3) of the Monetary Authority of Singapore ("MAS") Act (Cap.

  • This will be aligned with the penalties of other resolution provisions in the MAS Act.

  • I-1-1 MAS issues Regulations under section 27A of the MAS Act in order to discharge or facilitate the discharge of any obligation binding on Singapore by virtue of a United Nations Security Council Resolution (“UNSCR”) 7 .

  • MAS proposes to introduce statutory powers to carry out the bail-in of liabilities15 under the MAS Act.

Related to MAS Act

  • WHS Act means the Work Health and Safety (National Uniform Legislation) Act 2011 (NT) and includes subordinate legislation made under that Act including regulations and approved codes of practice as well as any amendment, re-enactment or replacement of such Act ; and

  • OHS Act means the Occupational Health and Safety Act 2004;

  • FAIS Act means the Financial Advisory and Intermediary Services Act, 2002 (Act No. 37 of 2002);

  • Gas Act means the Belgian Gas Law concerning the transportation of gaseous and other substances by pipeline of 12 April 1965, as amended from time to time.

  • PPS Act means the Personal Property Securities Act 2009 (Cth).

  • Cannabis Act means An Act respecting cannabis and to amend the Controlled Drugs and Substances Act, the Criminal Code and other Acts, S.C. 2018, c. 16, as amended from time to time.

  • Public Works Act means the Public Works Xxx 0000;

  • Banks Act means the Banks Act, 1990 (Act No. 94 of 1990);

  • FOI Act means the Freedom of Information Xxx 0000 and any subordinate legislation made under this Act from time to time together with any guidance and/or codes of practice issued by the Information Commissioner in relation to such legislation;

  • PBR Act means the Plant Breeder’s Rights Xxx 0000 (Cth) as amended from time to time.

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • This act means the Hague Agreement as established by the present Act;

  • POPI Act means the Protection of Personal Information Act 4 of 2013 as may be amended from time to time;

  • the 1998 Act means the Social Security Act 1998;

  • Societies Act means the Societies Act of the Province of British Columbia from time to time in force and all amendments to it;

  • Public Hospitals Act means the Public Hospitals Act (Ontario) and, where the context requires, includes the regulations made under it;

  • Public Utilities Act means the Illinois Public Utilities Act, 220 ILCS 5.

  • JOBS Act means the Jumpstart Our Business Startups Act of 2012.

  • S.A.F.E. Act means the secure and fair enforcement for mortgage licensing act of 2008, Title V of the housing and economic recovery act of 2008 ("HERA"), P.L. 110-289, effective July 30, 2008.

  • the 1991 Act means the Water Industry Act 1991(a);

  • Liquor Act means the Liquor Act 2007 and any regulation made under the Liquor Act 2007. Any reference to a provision of the Liquor Act includes a reference to the same or similar provision in any legislation replacing, amending or modifying the Liquor Act however that provision may be amended in that legislation.

  • Foreign Corrupt Practices Act means the Foreign Corrupt Practices Act of the United States, 15 U.S.C. Sections 78a, 78m, 78dd-1, 78dd-2, 78dd-3, and 78ff, as amended, if applicable, or any similar law of the jurisdiction where the Property is located or where the Company or any of its Subsidiaries transacts business or any other jurisdiction, if applicable.

  • CARES Act means the Coronavirus Aid, Relief, and Economic Security Act, as amended.

  • Structures Act means the Local Government: Municipal Structures Act, 1998 (Act No. 117 of 1998);

  • the Companies Act means the Companies Act 1981 of Bermuda as may from time to time be amended;

  • the 1981 Act which means the Compulsory Purchase (Vesting Declarations) Act 1981.