Monetary Authority of Singapore Press Release

PRESS RELEASE - BCCS merges with MAS on 1 October.

The official merger of the Board of Commissioners of Currency, Singapore (BCCS) with the Monetary Authority of Singapore (MAS) will take effect from 1 October 2002. The combined entity will still be called MAS. The merger does not affect the legal tender of all notes and coins issued by BCCS.

Currency service will continue as usual and will be provided by the new Currency Department in MAS located at Currency House. Mr. Ho Kwen Chan, Executive