Annual Report 2001/2002


International Relations

The past year witnessed tremendous global uncertainty, with the challenges of a severe economic slowdown in key developed markets, and the shock to global financial markets from the September 11 terrorist attacks. MAS, together with the international financial community, has stepped up measures to combat the financing of terrorism, while continuing to be vigilant against money laundering.

In other areas of international co-operation, MAS continues to strengthen co-operation with its counterparts through regular dialogue, information exchange and technical co-operation. Singapore fully supports the work of the International Monetary Fund (IMF) in promoting international financial stability, and participates actively in the work of key standard-setting bodies in financial sector regulation. MAS was also actively engaged in negotiations on financial services sector liberalisation, as part of Singapore’s efforts in promoting global free trade and free trade agreements.

[MAS in the International Arena] [International Relations] [Anti -Money Laundering Efforts] [Information Exchange, Bilateral Dialogue] [International Policy Dialogue] [Global Free Trade and Agreements] [Relations with IMF] [Standard-Setting and Innovation]

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