The Monetary Authority of Singapore and the People’s Bank of China Sign Agreement on Representative Office
Singapore, 27 June 2012…The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) signed an agreement on the establishment of a Representative Office by MAS in Beijing.
2 The establishment of the MAS representative office in Beijing will further strengthen bilateral cooperation between MAS and PBC, as well as with other Chinese financial authorities. The agreement was signed by Dr Zhou Xiaochuan, Governor of PBC and Mr Ravi Menon, Managing Director of MAS, on the sidelines of the Bank of International Settlements AGM in Basel on 23 June 2012.
3 The Beijing representative office is MAS’ third overseas representative office, in addition to its offices in London and New York.