Daily Archives: 2017-01-10

Amendments to Presidential Election Act to increase application period for candidates

A Bill to amend the Presidential Elections Act was tabled in Parliament and the changes are intended to effect amendments to the Constitution which were passed in November last year, and to improve the processes and procedures of the upcoming Presidential Election. It is said that the MPs will debate the latest amendments when Parliament sits in February. The Presidential Elections (Amendment) …

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Amendment to Securities and Futures Act passed to introduce safeguards for retail investors

The Securities and Futures Amendment Bill, which sought to introduce safeguards for retail investors in the securities and derivatives markets, has been passed in Parliament on Monday (9 January). The Bill gives the Monetary Authority of Singapore (MAS) increased powers and flexibility to bring non-conventional investment products within regulatory perimeters. tighten the classification of accredited investors. It also tightened the …

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More flexible in helping needy: How long, what criterion, how much?

Govt will be more flexible with help for S’poreans I refer to the article “Govt will be more flexible with help for needy S’poreans” (Today, 9 January). A longer-than-usual period It states that “Amid a slowing economy and mounting concerns over the jobs situation, the Government is prepared to provide financial assistance to the needy — including families whose breadwinners …

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