ANNUAL REPORT 2002 / 2003



ABS Association of Banks in Singapore
ADM  Asian Dollar Market
APEC Asia Pacific Economic Co-operation
APG Asia Pacific Group on Money Laundering
ASEAN Association of South-east Asian Nations
ASX  Australian Stock Exchange
ATM  Automated Teller Machine
AUM Assets Under Management
BCCS Board of Commissioners of Currency, Singapore
BCM Business Continuity Management
BCP Business Continuity Plan
BIS  Bank for International Settlements
CCDG Council on Corporate Disclosure and Governance
CIS Collective Investment Schemes
CLS Continuous Linked Settlement
CEO Chief Executive Officer  
CPF   Central Provident Fund
CPI Consumer Price Index  
DBS Bank Development Bank of Singapore Ltd  
DI Deposit Insurance  
EFTPOS Electronic Funds Transfer at Point of Sale  
ERC Economic Review Committee
FAA Financial Advisers Act  
FATF Financial Action Task Force  
FSAP Financial Sector Assessment Programme
FTA   Free Trade Agreement  
FX Foreign Exchange  
GDP Gross Domestic Product  
GIA General Insurance Association of Singapore  
GNI   Gross National Income  
GST Goods and Services Tax  
HSBC The HongKong and Shanghai Banking Corporation Limited  
IAP International Advisory Panel
IDRO  Insurance Disputes Resolution Organisation
IMF  International Monetary Fund
IMF-STI  IMF-Singapore Regional Training Institute
LIA Life Insurance Association of Singapore
MAS Monetary Authority of Singapore  
MEPS MAS Electronic Payment System
MLA Minimum Liquid Assets  
MSCI Morgan Stanley Capital International  
NCD Negotiable Certificate of Deposit  
NTUC National Trade Union Congress  
OCBC Oversea-Chinese Banking Corporation Ltd
OPERA Offers and Prospectuses Electronic Repository and Access
POSB Post Office Savings Bank  
REIT Real Estate Investment Trust  
SAAR Seasonally Adjusted Annual Rate  
SARS   Severe Acute Respiratory Syndrome  
SDR Special Drawing Rights
SEACEN South-east Asian Central Banks  
SESDAQ SGXs second board which provides an alternative avenue for small and medium-sized companies to raise funds for their business expansion. 
SFA   Securities and Futures Act  
 SGS Singapore Government Securities  
SGX Singapore Exchange  
SGX-ST SGX-Securities Trading  
SGX-DT SGX-Derivatives Trading  
SIBOR Singapore Interbank Offered Rate  
S$NEER Singapore Dollar Nominal Effective Exchange Rate
UN United Nations  
UOB United Overseas Bank


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