MAS holds regular dialogues with professional bodies covering the banking, financial planning, insurance, investment banking, stockbroking and fund management sectors to discuss issues that are of mutual interest and to better understand the industry’ needs and concerns. Through these dialogues, MAS also highlights its supervisory and prudential concerns to the associations.
MAS also works with these associations and other parties, such as the Institute of Certified Public Accountants of Singapore to ensure that the new policies and policy changes are implemented efficiently and effectively.
These dialogues have resulted in positive outcomes. Close interactions between MAS and the industry will continue to be an important feature of our work.