ROBUST, TRUSTED, AND

PURPOSEFUL FINANCIAL CENTRE

A TRUSTED FINANCIAL CENTRE
FINANCIAL BENCHMARKS

In July 2014, MAS issued a consultation paper on legislation to introduce a regulatory framework for financial benchmarks. MAS will carefully consider all feedback received prior to tabling the necessary legislative amendments in Parliament.

When effected, the framework will introduce criminal sanctions for the manipulation of financial benchmarks under the SFA and regulate the setting of key financial benchmarks.