MAS: Annual report 2006 / 2007
CONTENTS
HOME
 
TEAMWORK - Our Partners
SINGAPORE 2006 INTERNATIONAL MONETARY FUND AND WORLD BANK GROUP ANNUAL MEETINGS
WORKING WITH INDUSTRY
FINANCIAL COOPERATION
WORKING WITH INDUSTRY 46
Dialogues with Professional Associations 46
Singapore Investment Banking Association Equity  
  Derivatives & Structured Products Taskforce 47
Industry Work Group On Securities And  
  Futures Act / Financial Advisers Act Amendments 47
Representative Notification Framework 47
Survey On Compliance Costs 47
Box 11 - MoneySENSE - Taking On A Much Higher Profile 48
Box 12 - Sixth International Advisory Panel Meeting 49
Box 13 - MEPS+: Improving The Efficiency Of Payment  
  Systems And Its Impact On Our Customers 50
Building A World Class Talent Pool for Singapore’s Financial Sector 50
Building A Quality Workforce 51
Attracting Financial Talent 51
Financial Research 51
Box 14 - Overseas Outreach Efforts 52
 
Financial Research
As Singapore’s financial sector grows in scale and sophistication, there is a need for economic and financial research to keep pace in order to support the complex activities within the industry. To facilitate interaction and collaborations between industry and academia, MAS is working closely with academia and industry partners to focus research efforts in the fields of economics and finance, to nurture the development of a pool of researchers in the financial sector, and to promote international partnerships.

Three research institutes have been formed to train and certify professionals on issues in finance, risk-management, and hedge funds. These research institutes are the INSEAD-Asia-Pacific Institute of Finance, the Berkeley-NUS Risk Management Institute, and the SMU-BNP Paribas Hedge Fund Centre. A fourth research institute, the Economic Studies Institute, will be set up this year to undertake research in a range of financial and economic policy issues facing the Singapore economy and the region.