Monetary Authority of Singapore Annual Report 2012/2013
Anchor of Economy

Procurement Governance and Management

MAS places emphasis on procurement to ensure a transparent, open and fair process. Most of our procurement officers have completed the advanced requirements under the Ministry of Finance Procurement Competency Training Framework in 2012. We have also reviewed our procurement practices and put in place new controls to further enhance our procedures. In addition, workshops and briefings were conducted annually to promote procurement best practices among MAS staff.