MAS: Annual report 2006 / 2007
CONTENTS
HOME
 
ENTERPRISE: Our Role
BUILDING ON A ROBUST MACROECONOMIC ENVIRONMENT
DEVELOPMENTS IN THE SINGAPORE SECURITIES MARKET
FOSTERING A SOUND & REPUTABLE FINANCIAL CENTRE
RISK MANAGEMENT & INFRASTRUCTURE
GROWING SINGAPORE AS AN INTERNATIONALLY COMPETITIVE FINANCIAL CENTRE
CURRENCY
ORGANISATIONAL INITIATIVES
ORGANISATIONAL INITIATIVES 41
Risk-based Audit Approach 41
Front, Middle and Back Office System 41
Development of Key IT Systems to Support Organisational Initiatives 41
Streamlining of Logistics and Administrative Processes 41
Maintaining an Optimal Physical Working Environment for All 41
Ensuring the Efficient Use of Energy Resources 41
Box 10 - Second Phase of Amendments to MAS Act 41
 
Streamlining of Logistics and Administrative Processes
MAS consistently reviews and streamlines our administrative and procurement processes to ensure more efficient operations and support services. In our efforts to ensure fiscal prudence and value-for-money in public expenditure, we conducted an organisational-wide review of its off-site storage facilities in 2006. The review resulted in a cost savings of 52%.