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Commercial banks. Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.
Website. www .mas .gov .sg. The Monetary Authority of Singapore or ( MAS ), is the central bank and financial regulatory authority of Singapore. It administers the various statutes pertaining to money, banking, insurance, securities and the financial sector in general, as well as currency issuance and manages the foreign-exchange reserves.
Foreigners holding long-term passes are uniquely identified by a "Foreign Identification Number" (FIN) which is similar in format to the NRIC number. The FIN is transferable between pass types and remains valid for life, until the foreigner attains Singapore citizenship or permanent residency and obtains an NRIC number.
GIC Private Limited is a Singaporean sovereign wealth fund that manages the country's foreign reserves.Established by the Government of Singapore in 1981 as the Government of Singapore Investment Corporation, of which "GIC" is derived from as an acronym, its mission is to preserve and enhance the international purchasing power of the reserves, with the aim to achieve good long-term returns ...
Website. www .cpf .gov .sg. The Central Provident Fund Board ( CPFB ), commonly known as the CPF Board or simply the Central Provident Fund ( CPF ), is a compulsory comprehensive savings and pension plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare, education and housing needs in Singapore.
DBS Bank Limited is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in the Marina Bay district of Singapore. The bank was previously known as The Development Bank of Singapore Limited, which "DBS" was derived from, before the present abbreviated name was adopted on 21 July ...
Est. total population ('000) 5,917.6. Crime rates in Singapore are some of the lowest in the world, with petty crimes such as pickpocketing and street theft rarely occurring, and violent crime being extremely rare. [1] Penalties for drug offences such as trafficking in Singapore are severe, and include the death penalty.
4 October 2021. Status: Current legislation. The Foreign Interference (Countermeasures) Act 2021, or Fica/FICA, [1] is a statute of the Parliament of Singapore. Enacted in 2021, it seeks to "protect the public interest by counteracting acts of foreign interference". [2] The Bill was introduced on 13 September 2021 and passed on 4 October 2021.