CONTENTS
HOME
OUR WORK
Managing Risks,
Emerging Stronger
TUMULTUOUS
YEAR FOR THE
GLOBAL ECONOMY
MONETARY POLICY
AN UNPRECEDENTED CRISIS
INTEGRATED
APPROACH TO
FOSTER SAFETY AND
SOUNDNESS OF
FINANCIAL
INSTITUTIONS AND
FINANCIAL SYSTEM
BUILDING ON OUR
FUNDAMENTALS,
PREPARING FOR
THE UPTURN
ENHANCING
OPERATIONAL
CAPABILITIES AND
RESILIENCE
CURRENCY AND
PAYMENT SYSTEM

INTEGRATED APPROACH TO FOSTER SAFETY AND SOUNDNESS OF
FINANCIAL INSTITUTIONS AND FINANCIAL SYSTEM


Financial System Surveillance

The ongoing crisis has brought into sharper focus the need for MAS to leverage on our structure as an integrated financial supervisor and central bank in monitoring economic and financial developments for any potential risks to Singapore's financial stability. To this end, MAS continued to step up efforts to combine information, analysis and perspectives from our macroeconomic surveillance, supervisory and market functions. MAS has taken several actions to mitigate risks identified and to enhance the resilience of the financial system. In the past year, we have strengthened considerably our ability to respond to risk events in a timely manner.