Monographs and Information Papers

MAS Information Papers highlight key trends, developments or practices in the financial sector.  The papers are not prescriptive in nature; the objective is to help disseminate information and enhance understanding of current issues. 

MAS' Monographs are detailed discussions of specialised subjects such as financial sector regulation and monetary policy operations in Singapore's context. 



  • 29 May 2015

    Direct Life Insurers - Guidance on AML/CFT Controls

    Direct Life Insurers - Guidance on AML/CFT Controls

  • 16 June 2014

    Guidance on Private Banking Controls

    This report aims to provide financial institutions (FIs) with guidance on the policies, procedures and controls applicable to private banking (PB).  In addition to setting out MAS’ supervisory expectations, it also highlights sound industry practices and areas where FIs should pay closer attention to, in order to mitigate the risks from their PB operations.

  • 28 June 2013

    Thematic Inspection of Residential Property Loans Business

    The Monetary Authority of Singapore ("MAS") conducted a thematic inspection of the residential property loans business of banks that are major players in this market, in late 2012. This report describes the key findings of the inspection, including areas where underwriting and lending practices could be improved and instances of non-compliance with MAS' rules and regulation. It also highlights the sound practices observed.

  • 02 April 2013

    Monetary Policy Operations in Singapore

    The monograph highlights the key aspects of MAS' monetary policy operations, viz. foreign exchange and money market operations, and the various factors and considerations underlying them.

  • 14 January 2013

    Supervision of Financial Market Infrastructures in Singapore

    The monograph sets out MAS’ approach in supervising financial market infrastructures (“FMI”) in Singapore to foster their safety and efficiency.

  • 01 June 2010

    Tenets of Effective Regulation

    This monograph addresses MAS' regulation function and describes the Tenets that guide the MAS in the development and review of its regulatory framework.

  • 01 July 2007

    Information Paper on Preparedness for Avian Influenza Pandemic and Security Threats

    MAS continues to emphasise the importance for financial institutions (“institutions”) to have in place robust business continuity frameworks and well-tested business continuity plans (“BCP”) to ensure the continuation of critical operations in the event of major operational disruptions.

  • 01 April 2007

    MAS Framework for Impact and Risk Assessment of Financial Institutions

    This monograph provides information on one of MAS’ key functions - the risk-based supervision of financial institutions.

  • 01 April 2004

    Objectives and Principles of Financial Sector Oversight in Singapore, April 2004

    The monograph spells out MAS' objectives in overseeing the financial sector, the functions it performs, and the principles that guide its supervisory approach. A key theme of the monograph is that all stakeholders have a shared responsibility to achieve a sound and progressive financial services sector.

  • 01 February 2001

    Singapore's Exchange Rate Policy, Feb 2001

    This paper examines Singapore's experience with the exchange-rate based monetary policy system since its adoption in the early 1980s. It discuss the movements in the Singapore dollar exchange rate over the past two decades, and considers how the system has minimised the disruptive effects of the large swings in the currencies of the industrialised countries.

Last Modified on 09/11/2018