MAS: Annual report 2006 / 2007
CONTENTS
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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
 

Box 14

OVERSEAS OUTREACH EFFORTS
As an international financial centre, Singapore continues to be a choice location for global financial talent. The International Institute of Management Development World Competitiveness Yearbook 2006 rated Singapore as one of the most attractive economies for foreign high-skilled professionals, ahead of other world-class locations such as the UK, Australia, Canada and Ireland.

To reach out more actively to overseas financial talent, MAS, together with the Ministry of Manpower and the finance industry, held a series of roadshows to key cities in the US (New York, Chicago, Boston, Los Angeles and San Francisco), the UK (London, Oxford and Cambridge), and Australia (Sydney and Melbourne). Industry participants included global and regional financial institutions such as Citibank, Standard Chartered, HSBC, Coutts, Temasek Holdings, DBS Bank, Oversea Chinese Banking Corporation and United Overseas Bank. More than 1,000 students and working professionals attended our US and UK roadshows to learn more about Asia’s growth and opportunities, as well as the latest

as the latest developments in Singapore and the wide range of exciting career opportunities available in the financial sector. There were outreach events in the city centres profiling Singapore’s financial sector and employer presentations at top universities. Leveraging on the Asian growth story, the roadshows succeeded in generating keen interest among participants to explore their talents in Singapore financial centre.
 
MAS speaking to students at an overseas recruitment roadshow, marketing Singapore as an international financial centre.