Singapore
Guan on Singapore's economy and financial sector
In a speech on 'Review of Singapore's economy and financial sector' given on 21 July, Koh Yong Guan of the Monetary Authority of Singapore said the MAS continues to be focused on supporting non-inflationary economic growth, developing the financial…
Sin on development of Singapore's capital markets
In a speech on 'Development of Singapore's capital markets' given on 26 July, Ng Nam Sin of the Monetary Authority of Singapore said Singapore's debt capital market is an important part of our financial system. Continuous innovation in the markets will…
Singapore's MAS likely to get new chief soon
Speculation is growing that the handover on 12 August of leadership in Singapore will lead to a change at the helm of the de facto central bank, the Monetary Authority of Singapore. Observers are split on two possible candidates to replace current…
MAS - Annual Report 2003-2004
The Monetary Authority of Singapore has published its Annual Report for the year 2003-2004. In remarks to the Annual Report press conference on 21 July, Managing Director Koh Yong Guan said the Singapore economy experienced a difficult first half last…
MAS's Palmer on Basel II and beyond
In a speech on 'Basel II and beyond' given on 12 July, John Palmer of the Monetary Authority of Singapore said we should not look at the release of the final version of Basel II as the end of the process to set more risk-sensitive capital adequacy…
MAS chairman Loong set to become PM
Singapore's ruling party has approved the appointment of founding father Lee Kuan Yew's son Lee Hsien Loong, the chairman of the Monetary Authority of Singapore, as the next prime minister.
MAS chairman's dual role to stay
Singapore's Second Finance Minister Lim Hng Kiang said this week that there is no immediate need to change the status quo for Deputy Prime Minister and Finance Minister Lee Hsien Loong's concurrent role as the Monetary Authority of Singapore's chairman.
Singapore's Loong on ASEAN - the way ahead
In the speech 'ASEAN - the way ahead' given on 7 April Lee Hsien Loong of the Monetary Authority of Singapore said globalisation has presented many challenges to ASEAN, but it has also created many opportunities. Governments will need to lead the way, by…
Singapore's unique monetary policy
This IMF Working Paper looks at the Monetary Authority of Singapore and the way it conducts monetary policy. Instead of relying on short-term interest rates or monetary aggregates as its monetary policy instrument it conducts policy by managing the trade…
MAS to carry out monetary policy review
Chairman of the Monetary Authority of Singapore, Lee Hsien Loong, said at the bank's staff seminar last week that the MAS would be undertaking a comprehensive review of how it conducts monetary policy to take into account structural changes in the…
MAS to push ahead with bond issue
Despite concerns from some investors that the market is saturated,the Monetary Authority of Singapore announced that it intends to go ahead with plans to issue a new 15-year government bond, reports ChannelNewsAsia.
Banking reform in Singapore
Singapore's deputy prime minister and finance minister Lee Hsien Loong talked about banking sector reform, capital raising and foreign competition in an interview with The Banker magazine published 10 April.
MAS Press Release
PRESS RELEASE - MAS seeks industry comment from financial institutions on technology risk management guidelines, 11 Nov.
Malaysia bank mergers seen next year
SINGAPORE - The Malaysian banking sector is due for a new round of consolidation ahead of further liberalisation in 2007 -- and mergers, especially among the smaller existing banks, could start toward the end of next year, analysts say.
MAS Guidelines on Sound Risk Management Practice
REPORT - On 30 October the Monetary Authority of Singapore published its Guidelines on Sound Risk Management Practices. This set of guidelines aims to provide banks, merchant banks, finance companies and insurance companies (referred to collectively as …
MAS Press Release
PRESS RELEASE - The Monetary Authority of Singapore (MAS) announced that it would formalise guidelines governing industry and public consultation and implementation of MAS-administered legislation, 22 October.
Speech by Yeo Lian Sim, MAS, 19 Sep
SPEECH - In the speech titled 'Hedge Funds: A Mainstream Alternative' Sim said the MAS will maintain its calibrated approach towards the regulation of hedge funds and hedge fund managers. She said it will also continue to build on the three pillars of…
Speech by Shane Tregillis, MAS, 4 Sep
SPEECH - In the speech titled 'A Newfound Importance Of Non-Bank FIs in Asia' Tregillis said that to develop the regulation of capital markets in Singapore the first thing needed is to update the content of regulation so that it responds to changes in…
Speech by Koh Yong Guan, MD MAS, 2 Aug
SPEECH - In the speech Koh Yong Guan said the Board of Commissioners of Currency, Singapore (BCCS) will be merging with MAS. We are targeting to complete the merger exercise by October 2002. The merger of the two institutions is being undertaken with the…
Speech by Robert E. Rubin, MAS, 25 Jul
SPEECH - In the MAS Lecture Rubin said that the Japanese economy could experience an upturn if global conditions are reasonable but that the "enormously complicated" structural and fiscal problems Japan faces have in large measure not been effectively…
Singapore c bank unveils rules on terror funding
SINGAPORE - The Monetary Authority of Singapore (MAS) has unveiled sweeping measures for local banks to choke off access by terror groups to funding and weapons.
Speech by Second Minister for Finance, MAS, 23 Jul
SPEECH - In the speech the Minister for Health and Second Minister for Finance said Singapore has progressively evolved away from the system of a fixed exchange rate since the Singapore dollar was floated in 1973.
Monetary Authority of Singapore Press Release
PRESS RELEASE - Singapore to host 2006 annual meeting of IMF and World Bank, 29 September.
Monetary Authority of Singapore Press Release
PRESS RELEASE - BCCS merges with MAS on 1 October.