Ms Sylvia Lim asked the Prime Minister (a) which retail banks in Singapore have phased out hardware tokens for customers; and (b) whether the Monetary Authority of Singapore will mandate that this option be available to customers to enhance the security of online banking. Mr Lawrence Wong (for the Prime Minister): Most major retail banks in SingaporeContinue reading “HARDWARE TOKENS AS OPTION FOR BANK CUSTOMERS TO ENHANCE SECURITY OF ONLINE BANKING”
Category Archives: National Sustainability
COVERAGE OF SHARED RESPONSIBILITY FRAMEWORK AGAINST PHISHING SCAMS
Ms Sylvia Lim asked the Prime Minister (a) what is the extent of current compliance by the banks in implementing the four obligations for financial institutions as set out in the Shared Responsibility Framework jointly issued by the Monetary Authority of Singapore and Infocomm Media Development Authority on 25 October 2023; and (b) how many phishingContinue reading “COVERAGE OF SHARED RESPONSIBILITY FRAMEWORK AGAINST PHISHING SCAMS”
LESSONS FROM 14 OCTOBER DISRUPTION TO BANKING DIGITAL SERVICES
Mr Dennis Tan Lip Fong asked the Prime Minister in light of the recent disruption to banking digital services for DBS and Citibank on 14 October 2023 (a) what are the lessons which can be learned from the outage; and (b) whether the Government will be taking any action to ensure that similar disruptions will notContinue reading “LESSONS FROM 14 OCTOBER DISRUPTION TO BANKING DIGITAL SERVICES”
BOOSTING AVAILABILITY OF CARBON CREDITS FOR COMPANIES IN SINGAPORE
Mr Chua Kheng Wee Louis asked the Minister for Sustainability and the Environment (a) whether there are plans to boost the availability of carbon credits for companies in Singapore; (b) what guidelines and rules are being established to ensure transparency and uphold public accountability of these carbon credits; and (c) what measures are in place toContinue reading “BOOSTING AVAILABILITY OF CARBON CREDITS FOR COMPANIES IN SINGAPORE”
TRACKING WEALTH INEQUALITY IN SINGAPORE
Mr Chua Kheng Wee Louis asked the Deputy Prime Minister and Minister for Finance (a) whether the Government tracks wealth inequality in Singapore; (b) if so, what indicators are used to track wealth inequality; and (c) whether there is data on these indicators over the last 10 years. Mr Lawrence Wong: Wealth is difficult to track comprehensivelyContinue reading “TRACKING WEALTH INEQUALITY IN SINGAPORE”
SINGAPORE’S GINI COEFFICIENT OVER LAST 10 YEARS
Mr Chua Kheng Wee Louis asked the Deputy Prime Minister and Minister for Finance over the last 10 years, what is Singapore’s Gini coefficient (i) before and (ii) after taxes and transfer, based on household income from all sources including work and non-work income, such as investments and property. Mr Lawrence Wong: The Department of Statistics publishesContinue reading “SINGAPORE’S GINI COEFFICIENT OVER LAST 10 YEARS”
USAGE AND COST OF MAINTAINING WIRELESS@SG SYSTEM
Assoc Prof Jamus Jerome Lim asked the Minister for Communications and Information (a) for each of the past 10 years, what is the usage rate, in terms of unique logins, for Wireless@SG; and (b) what is the share of resident versus non-resident usage for each of those years respectively. Assoc Prof Jamus Jerome Lim asked the MinisterContinue reading “USAGE AND COST OF MAINTAINING WIRELESS@SG SYSTEM”
IMPACT OF PUBLIC DEFENDER’S OFFICE ON CASES TAKEN UP BY CRIMINAL LEGAL AID SCHEME
Ms He Ting Ru asked the Minister for Law what is the impact of the launch of the Public Defender’s Office on the number of cases taken up by the Criminal Legal Aid Scheme. Mr K Shanmugam: This question was addressed in the reply to Question No 6 for Oral Answer on the Order Paper for 7Continue reading “IMPACT OF PUBLIC DEFENDER’S OFFICE ON CASES TAKEN UP BY CRIMINAL LEGAL AID SCHEME”
ENSURING GOVERNMENT’S SHARED RESPONSIBILITY FRAMEWORK FOR EQUITABLE SHARING OF LOSSES IN BANK SCAMS OFFERS ADEQUATE PROTECTION
Ms Sylvia Lim asked the Prime Minister regarding the Shared Responsibility Framework that was jointly proposed by MAS and IMDA on 25 October 2023, how does the “waterfall approach” on losses arising from phishing scams adequately safeguard consumers’ interests. Mr Alvin Tan: The SRF prescribes a set of anti-scam duties for financial institutions (FIs) and telecommunication companiesContinue reading “ENSURING GOVERNMENT’S SHARED RESPONSIBILITY FRAMEWORK FOR EQUITABLE SHARING OF LOSSES IN BANK SCAMS OFFERS ADEQUATE PROTECTION”
OPTION TO TAKE CPF ACCOUNTS OFFLINE AS SAFEGUARD AGAINST LOSS THROUGH SCAMS AND MALWARE FRAUD
Ms Sylvia Lim asked the Minister for Manpower whether CPF Board will give CPF members the option to take their CPF accounts offline to further safeguard themselves against loss through scams and malware fraud. Dr Tan See Leng: Central Provident Fund Board (CPFB) is actively working with other Government agencies and banks to safeguard members’ CPF savings fromContinue reading “OPTION TO TAKE CPF ACCOUNTS OFFLINE AS SAFEGUARD AGAINST LOSS THROUGH SCAMS AND MALWARE FRAUD”
Office of the Leader of the Opposition 