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
 
 
ENSURING SOUND MARKET CONDUCT
 
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Publishing Unlicenced Operators . Box 6 – Integrated Dispute Resolution Scheme
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Enhancing Management of Insurance Agents . Helping Consumers Better Understand “Critical Year”
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Consulting Industry on CIS . Box 7 – MoneySENSE – Singapore’s Financial Education Programme
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Health Insurance and Changing Demographics . Box 9 – Coping with E-Banking Risks
 
Improving Corporate Disclosure
 
One initiative undertaken during the year to improve corporate disclosure was the issuance of an Operating and Financial Review (OFR) guide which promulgates good practices on OFR disclosure for listed companies in their annual reports. This was recommended by the Council of Corporate Disclosure and Governance and accepted by the government in February 2004. Such disclosure will enable investors to have a good understanding of the company’s business, performance and future direction. The OFR guide will be included in the listing manual of SGX.