• Information Papers
• Monographs

MAS Information Papers

MAS Information Papers highlight key trends, developments or practices in the financial sector. The papers are not prescriptive in nature; the objective is to help disseminate information and enhance understanding of current issues.

• Preparedness for Avian Influenza Pandermic and Security Threats, July 2007
   

• Technical Paper on Credit Stress Testing, March 2003

Monographs

• MAS’ Framework for Impact and Risk Assessment of Financial Institutions, April 2007

  This monograph builds on the earlier MAS monograph "Objectives and Principles of Financial Supervision in Singapore" by providing more detailed information on one of MAS’ key functions - the risk-based supervision of financial institutions. It covers how MAS’ supervisory objectives and principles shape our supervisory framework, and the supervisory processes that underpin the framework including how MAS assesses the impact of financial institutions and the use of the Common Risk Assessment Framework and Techniques (CRAFT) to assess their risks.

• MAS' Roles and Responsibilities in Relation to Securities Clearing and Settlement Systems in Singapore, May 2004

The  Monograph provides an overview of the roles and responsibilities of MAS in relation to securities clearing and settlement systems in Singapore.  It complements the MAS Monograph "Objectives and Principles of Financial Supervision in Singapore" by setting out in greater detail, information on some of MAS' activities relevant to achieving its supervisory objective of a safe and efficient financial infrastructure.

• Objectives and Principles of Financial Supervision in Singapore, April 2004

The monograph spells out MAS' objectives of supervision, the functions it performs, and the principles that guide its supervisory approach.  A key theme of the monograph is that all stakeholders have a shared responsibility to achieve a sound and progressive financial services sector.

• Monetary Policy Operations in Singapore, April 2007

The monograph highlights the key aspects of MAS' monetary policy operations, viz. foreign exchange and money market operations, and the various factors and considerations underlying them.

• Singapore's Exchange Rate Policy, Feb 2001

This paper examines Singapore's experience with the exchange-rate based monetary policy system since its adoption in the early 1980s. It discuss the movements in the Singapore dollar exchange rate over the past two decades, and considers how the system has minimised the disruptive effects of the large swings in the currencies of the industrialised countries.