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In the European Union, an Electronic Money Institution can be licensed in any country member but can act and provide services in all EU and EEA countries. [6] The legal basis for e-money issuance in the European Union is covered by EU Directive 2009/110/EC, on the taking up, pursuit and prudential supervision of the business of electronic money institutions establishes, issued by the European ...
The high commissioner of the United Kingdom to the Republic of Singapore is the United Kingdom's foremost diplomatic representative in Singapore.. Singapore, previously a British colony, became an internally self-governing state in 1959 and George Douglas-Hamilton, 10th Earl of Selkirk, was appointed commissioner (not high commissioner) for Singapore and South East Asia.
Singapore is the United Kingdom's largest trading partner in Southeast Asia, with two thirds of UK exports to this region flowing into Singapore. UK exports of goods only to Singapore in 2010 were valued at £3.29billion, a 15% increase from 2009 while imports of goods from Singapore in 2010 were valued at £3.99billion, an 18% increase from 2009.
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 .
Online Business Licensing Service (OBLS) is a one-stop portal for applying for the required Singapore government licences in a single online transaction. The service routes all applications to various government agency for processing. The World Bank has ranked Singapore first in the Ease of Doing Business Index. The OBLS system contributes to ...
The Government of the United Kingdom is divided into departments that each have responsibility, according to the government, for putting government policy into practice. [1] There are currently 24 ministerial departments, 20 non-ministerial departments, and 422 agencies and other public bodies, for a total of 465 departments. [2]
That year, eToro also acquired Marq Millions, its UK e-money division, rebranding it as eToro Money, [36] [37] and obtained Visa's primary membership along with an electronic money institution (EMI) license from the UK's Financial Conduct Authority. [38] In December 2021, it launched the eToro Money debit card for UK residents. [39]
EMA was set up on 1 April 2001 to take over the regulatory functions of the Public Utilities Board, and the operations of the power grid by SP PowerGrid.. It aims to ensure a reliable and secure energy supply, promote effective competition in the energy market and develop a dynamic energy sector in Singapore.