MAS Sets Up New Committee to Oversee Bond Market Developments
FACT SHEET 2
DEBT MARKET COMMITTEE
| Chairman : | Mr Koh Yong Guan
Managing Director
Monetary Authority of Singapore (MAS)
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| Deputy Chairman : | Mr Lam Chuan Leong
Permanent Secretary
Ministry of National Development (MND)
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| Members : | To comprise senior representatives from Monetary Authority of Singapore, Ministry of Finance as well as other relevant Government agencies. |
The Debt Market Committee will :
review and refine strategies to develop the debt market and encourage public and private sector bond raising;
oversee and coordinate the implementation of all strategies in developing the debt market;
monitor and review the progress of debt market developments, including obtaining regular updates of activities from other relevant agencies;
work closely with the industry to review and develop a regulatory environment necessary infrastructure that is conducive to the growth of the debt market.