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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.
Logo of the Insolvency and Public Trustee's Office. The Insolvency & Public Trustee's Office (IPTO) in Singapore is a department under the Ministry of Law.IPTO oversees the administration of individual and corporate insolvencies, the administration of small intestate estates and un-nominated Central Provident Fund (CPF) monies, as well as the licensing and regulation of moneylenders and ...
Regulation of moneylenders is typically much looser than that of banks. In Japan, the Moneylending Control Law requires only registration in each prefecture.In Japan, as the decades-long depression lingers, banks are reluctant to loan money and regulation has become tighter, illegal moneylending has become a social issue.
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PhillipCapital is an investment and wealth management firm, [1] [2] founded in 1975. [3] It offers a wide range of products and services to individuals and institutional clients. It is headquartered in Singapore and operates in 15 countries including the financial hubs of Chicago, London, Tokyo, Hong Kong and Singapore. [3]
The economic growth of Singapore : trade and development in the twentieth century (First paperback ed.). Cambridge. ISBN 978-0-511-47071-4. OCLC 776977203. {}: CS1 maint: location missing publisher ; Lee, Sheng-Yi (1974). The Monetary and Banking Development of Malaysia and Singapore. Singapore University Press. ISBN 978-0-8214-0477-5.
One prominent role of Lombard credit is in use by the Federal Reserve System of the United States of America ("Fed"). Traditionally, the discount rate, [clarification needed] or the rate charged by the Fed to member banks in need of funds (ostensibly to maintain the required reserve ratio), was lower than the target federal funds rate, or the rate charged among banks for the same type of ...
This is a list of websites that are blocked in Singapore. These websites are mainly unlicensed gambling, pimping (known as vice related activities), copyright infringement/piracy, and for spreading falsehoods. Some websites may be blocked because they are suspected scam websites. [1]