ROBUST, TRUSTED, AND
PURPOSEFUL FINANCIAL CENTRE
- A TRUSTED FINANCIAL CENTRE
- Financial Benchmarks
- Preventing Money Laundering and Terrorism Financing
- Enhancing Exchange of Information on Tax
A TRUSTED FINANCIAL CENTRE
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.