MAS sets out FMI supervisory framework
The Monetary Authority of Singapore (MAS) today (January 14) published a monograph detailing the central bank's approach to regulating financial market infrastructures (FMIs).
The document said the MAS had adopted the Committee on Payment and Settlement Systems (CPSS) and International Organization of Securities Commissions (Iosco) Principles for Financial Market Infrastructures.
The MAS said all systemically important FMIs would be expected to comply with the principles, and could be subject to
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