MAS Monetary Policy Statement - October 2021
Read the Monetary Policy Statement for October 2021.
MAS' Response to COVID-19
Learn about MAS' actions to support the Singapore economy and ensure the stability of our financial system amid the COVID-19 pandemic.
News
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Speech by Prime Minister Lee Hsien Loong at the MAS50 Partners Appreciation Evening on 7 October 2021
At the MAS 50th Anniversary Partners Appreciation Evening, Prime Minister Lee Hsien Loong said that MAS' approach of marrying caution with creativity, and its close cooperation with industry and public sector partners, has delivered economic and financial results for Singapore.
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"MAS Marks 50 Years Serving Singapore" - Welcome Remarks by Mr Ravi Menon, Managing Director, Monetary Authority of Singapore, at MAS 50th Anniversary Partners Appreciation Evening on 7 October 2021
At MAS 50th Anniversary Partners Appreciation Evening, Mr Ravi Menon, Managing Director of MAS, spoke about MAS’ critical role in Singapore’s economic development, and highlighted MAS’ close partnership with the financial industry.
Publications
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Second Consultation Paper and Response to Feedback Received on Proposed Revisions to Guidelines on Business Continuity Management
MAS has issued a second consultation on proposed revisions to its Guidelines on Business Continuity Management (BCM). This second consultation includes revisions to address feedback received from the first consultation published in 2019 and incorporates key learnings from the COVID-19 pandemic. It builds on the policy intent from the first consultation to further emphasise the need for financial institutions to take an end-to-end view in ensuring the continuous delivery of critical business services, and introduce principles and practices that financial institutions can implement to strengthen operational resilience. While this second consultation is on-going, financial institutions should continue to refer to the 2003 guidelines and supplementary guidance.
- Consultation number:
- P015 - 2021
- Start date:
- 15 October 2021
- Closing date:
- 15 November 2021
- Status:
- Open
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Consultation Paper on Proposed Amendments to Appeals Regulations
MAS is proposing amendments to the Appeals Regulations. Through these amendments, MAS is seeking to strengthen the appeal process by making it more efficient, fair and practical.
- Consultation number:
- P014-2021
- Start date:
- 14 October 2021
- Closing date:
- 15 November 2021
- Status:
- Open
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Consultation Paper on the FI-FI Information Sharing Platform for AML/CFT
This consultation paper seeks views on the introduction of a regulatory framework and secure digital platform for financial institutions to share risk information with each other to prevent money laundering, terrorism financing, and proliferation financing.
- Consultation number:
- P013-2021
- Start date:
- 01 October 2021
- Closing date:
- 01 November 2021
- Status:
- Open
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