The Payment Services Act 2019 (PS Act) is a statute of the Parliament of Singapore that provides a framework for the regulation of payment systems and payment service providers in Singapore. According to the Monetary Authority of Singapore (MAS) the PS Act provides for regulatory certainty and consumer safeguards, while encouraging innovation and growth of payment services and FinTech. The PS Act came into effect on 28 January 2020.
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| - Payment Services Act 2019 (en)
- Закон про платіжні послуги (Сінгапур) (uk)
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| - Закон про платіжні послуги 2019 року (англ. Payment Services Act 2019) — це статут парламенту Сінгапуру, який забезпечує основу для регулювання платіжних систем та постачальників платіжних послуг у Сінгапурі. За даними Грошово-кредитного управління Сінгапуру (англ. Monetary Authority of Singapore), Закон про ПП передбачає гарантії споживачів, заохочуючи інновації та зростання платіжних послуг та фінтех. Закон набув чинності 28 січня 2020 року. (uk)
- The Payment Services Act 2019 (PS Act) is a statute of the Parliament of Singapore that provides a framework for the regulation of payment systems and payment service providers in Singapore. According to the Monetary Authority of Singapore (MAS) the PS Act provides for regulatory certainty and consumer safeguards, while encouraging innovation and growth of payment services and FinTech. The PS Act came into effect on 28 January 2020. (en)
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citation
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introduced by
| - Mr Ong Ye Kung , on behalf of Tharman Shanmugaratnam (en)
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long title
| - An Act to provide for the licensing and regulation of payment service providers, the oversight of payment systems, and connected matters, to repeal the Money‑changing and Remittance Businesses Act and the Payment Systems Act , and to make consequential and related amendments to certain other Acts. (en)
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| - Payment Services Act 2019 (en)
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| - The Payment Services Act is a forward looking and flexible framework for the regulation of payment systems and payment service providers in Singapore. It provides for regulatory certainty and consumer safeguards, while encouraging innovation and growth of payment services and Fintech. (en)
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| - The Payment Services Act 2019 (PS Act) is a statute of the Parliament of Singapore that provides a framework for the regulation of payment systems and payment service providers in Singapore. According to the Monetary Authority of Singapore (MAS) the PS Act provides for regulatory certainty and consumer safeguards, while encouraging innovation and growth of payment services and FinTech. The PS Act regulated seven activities: (1) account issuance services, (2) domestic money transfer services, (3) cross-border money transfer services, (4) merchant acquisition, (5) electronic money issuance, (6) digital payment token services and (7) money-changing services. The PS Act does not currently offer licensing for custodial services, although that MAS has published a consultation paper regarding the potential expansion of the PS Act to license custodial wallets. The PS Act came into effect on 28 January 2020. (en)
- Закон про платіжні послуги 2019 року (англ. Payment Services Act 2019) — це статут парламенту Сінгапуру, який забезпечує основу для регулювання платіжних систем та постачальників платіжних послуг у Сінгапурі. За даними Грошово-кредитного управління Сінгапуру (англ. Monetary Authority of Singapore), Закон про ПП передбачає гарантії споживачів, заохочуючи інновації та зростання платіжних послуг та фінтех. Закон набув чинності 28 січня 2020 року. (uk)
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Bill
| - Payment Services Bill (en)
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