OUR PARTNERS - Building Linkages, Leveraging Partnerships
Box Story 8 - Seventh International Advisory Panel Meeting 47
Opening of Singapore Exchange Beijing Representative Office 48
ABS BCM Standing Committee 49
Building a World Class Talent Pool for Singapore's Financial Sector 50
Attracting Financial Talent 50
Box Story 9 - Finance Scholarship Programme and Doctorate Scholarship Programme 51
Educating Consumers to Beware of Bogus Investment Opportunities and Scams 52
Box Story 10 - Skit- Money Got Enough! 53
FIDReC-NIMA Scheme 53
Box Story 11 - Marina Bay Business and Financial Centre 54
Financial Conferences And Events 55

Box Story 8: Seventh International Advisory Panel Meeting

IAP Members with Prime Minister Lee Hsien Loong


IAP Members with Senior Minister and MAS Chairman Goh Chok Tong

Formed in November 1998, the MAS International Advisory Panel (IAP) comprises some of the world's leading financial and industry experts. The panel advises MAS on Singapore's financial sector reforms and strategies. It also gives MAS a global perspective on financial sector issues, and helps us keep abreast of market developments and policy initiatives in major international financial centres.

The IAP is chaired by Lim Hng Kiang, Minister for Trade & Industry and Deputy Chairman of MAS. The panel held its seventh meeting in Singapore on 5 May 2008. It discussed the current state of the global financial markets, as well as the challenges and opportunities for financial institutions operating in the region. IAP members highlighted that the changing Asian demographics would have an impact on the management of wealth in Asia. The meeting also talked about the role that the financial sector could play in the sustainable development of the urbanisation of Asian economies.

The IAP expressed confidence that Singapore is well-positioned to tap regional and global opportunities for growth, given its strong reputation for integrity and reliability, its pro-business regulatory framework, its connectivity with Asia and the rest of the world, the efficient and cost-effective operating environment that we offer financial industry players.

Following the meeting, IAP members called on Prime Minister Lee Hsien Loong and Minister Mentor Lee Kuan Yew. They were also hosted to dinner by Senior Minister and MAS Chairman Goh Chok Tong.

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