MAS and the China Banking and Insurance Regulatory Commission (CBIRC) signed the CBIRC-MAS Supervisory MOU to enhance supervisory cooperation and facilitate exchange of information between the two agencies in the areas of banking and insurance supervision and crisis management.
Ms Loo Siew Yee, AMD(PPF), spoke on the fundamentals of AML/CFT programmes, MAS' risk-targeted supervision and surveillance, financial institutions’ use of data analytics, and the upcoming supervision of virtual asset service providers.
MAS announced that new initiatives were underway to strengthen capital market activities between Singapore and China. These measures will facilitate the growing interest of financial institutions based in Singapore and China to expand in each other’s markets.
This is a quarterly brief which aims to provide a quick pictorial summary of recent economic developments in the Singapore economy.
Consultation on the revised biannual report and proposed implementation timeline under the proposed Complaints Handling and Resolution Regulations.
- Start date:
- 26 August 2019
- Closing date:
- 30 September 2019
MAS conducted a thematic review on collateral management standards and practices of corporate lending business in 2018. This information paper highlights sound practices that financial institutions with corporate lending businesses should benchmark against.
Promoting Economic Growth & Financial Stability
Maintaining a Robust, Resilient & Trusted Financial Centre
Developing an Innovative & Inclusive Financial Centre