THE FINANCIAL SECTOR:
KEY SUPERVISORY AND REGULATORY INITIATIVES
     
Content Page
Supervision
Regulation
Risk-based Regulatory Regime
Fine-Tuning Regulatory framework
Ensuring Sound Market Conduct
Innovative Systems for Efficient Payment
and Settlement
 
 
FINE-TUNING REGULATORY FRAMEWORK
 
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Enhancing Regulations for Investment-linked Policies and Unit Trusts . Consolidating Rules on Credit and Charge Cards
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Risk Management Guidelines . Win-win Partnership with Industry
. Divesting Non-financial Businesses
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Revised Regulations on Credit Files, Grading and Provisioning    
 
Box 5
DEPOSIT INSURANCE SCHEME
 
MAS has completed the second phase of the study to establish the Deposit Insurance (DI) scheme in Singapore. In April 2004, MAS released a second consultation paper on the scheme. The paper made recommendations on the implementation details for the administration of DI, including the mandate and governance of DI, coverage of specific deposits and depositors, the depositor payout process and management of the DI fund.