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July 29, 2021 published at 1:37 AMReuters A view of the Monetary Authority of Singapore's headquarters in Singapore, on June 28, 2017. Reuters SINGAPORE - The Monetary Authority of Singapore (MAS) said on Wednesday (July 28) it was removing caps on dividends paid by locally incorporated banks and finance companies, which were introduced amid an uncertain economic outlook earlier in the Covid-19 pandemic. Last year, the central bank had urged them to cap their total dividends per share for the fiscal year 2020 at 60 per cent of the previous year's level. The central bank cited the improving g...

MCI Permanent Secretary Yong Ying-I appointed CPF Board chairman Toggle share menu Advertisement MCI Permanent Secretary Yong Ying-I appointed CPF Board chairman Ministry of Communications and Information (MCI) Permanent Secretary Yong Ying-I, who has been appointed chairman of the Central Provident Fund (CPF) Board with effect from Jul 1, 2021. (Photo: Ministry of Manpower) 01 Jun 2021 01:40PM) Share this content Bookmark SINGAPORE: Ministry of Communications and Information (MCI) Permanent Secretary Yong Ying-I will serve as chairman of the Central Provident ...

The Permanent Secretary at the Ministry of Communications and Information will replace Mr Chiang Chie Foo.. Read more at straitstimes.com.

Bank names CEO of its Netherlands operation, as investment firm hires head of wealth BNP Paribas Wealth Management The French bank’s wealth management division hired Bernt Kok as chief executive in the Netherlands and Arjan van Rijn as head of key clients in the country. Kok was previously a senior wealth manager and director of Private Wealth Management, the ultra-high net worth division of Abn Amro. Van Rijn joins from Credit Suisse, where he serviced entrepreneur clients in the Netherlands. Manulife Investment Management Adrian Chen has taken on the role of head of wealth and asset manag...

Central Banking George Johnson Print this page   The Monetary Authority of Singapore (MAS) on March 5 appointed a new deputy managing director of financial supervision, among several other changes to its management team. Ho Hern Shin, who currently serves as an assistant managing director of banking and insurance, will become head of financial supervision when former chief Ong Chong Tee leaves. Ong has been serving as deputy managing director at the Singaporean central bank for 16 years. Over that period he has overseen all four of the MAS’s Only users who have a paid subscript...