In his opening remarks at the IMF High-Level Peer-to-Peer Forum on Central Bank Communications, Mr Edward Robinson, MAS’ Deputy Managing Director (Economic Policy), spoke about the evolution and challenges of monetary policy communications.

A website has been found to be soliciting Bitcoins investment using fabricated comments attributed to Senior Minister and Coordinating Minister for Social Policies, and Chairman of MAS, Tharman Shanmugaratnam. MAS advises the public to exercise extreme caution when dealing with such websites.

MAS announced the renewal of the Bilateral Local Currency Swap Arrangement with the Bank of Japan for another three years.

This is a quarterly brief which aims to provide a quick pictorial summary of recent economic developments in the Singapore economy.

Read the annual Financial Stability Review for the analyses and results of the MAS' assessment of the Singapore's financial system in 2019.

This consultation sets out MAS' proposed regulatory approach under the Securities and Futures Act for derivatives contracts that reference payment tokens (e.g. Bitcoin) as underlying assets.

Consultation number:

P015-2019

Start date:

20 November 2019

Closing date:

20 December 2019

Status:

Open