MAS appointed the third batch of asset managers under the Equity Market Development Programme and committed S$20 million to strengthen equities market making activities in Singapore.

Keynote address by Mr Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, and Chairman of MAS, at the Institute of Banking and Finance (IBF) Distinction Evening.

MAS conducts regular assessments of risks and vulnerabilities arising from developments in Singapore and the global economy, and assesses their implications for the soundness and stability of Singapore’s financial system.

Before making any investment decision or transferring money, always verify the institution’s identity and deal only through its official channels.

MAS officials will NEVER ask you to transfer money or disclose bank log-in details over a phone call. Call the 24/7 ScamShield Helpline at 1799 if you are unsure if something is a scam.