Singapore contributed to discussions on key financial sector issues related to financial innovation and market fragmentation at the G20 meetings hosted by Japan, which culminated in the Osaka Summit
28 to 29 June 2019
The G20 followed up on recommendations of the G20 Eminent Persons Group (EPG) report, particularly in areas such as the development of finance proposals on building country platforms and in enhancing risk insurance. The G20 also made progress on key financial sector issues related to financial innovation and market fragmentation.
MAS contributed to global financial stability and development of sound and robust financial standards through its active engagements at meetings of key international organisations and standard setting bodies
These included the International Monetary Fund (IMF), the Bank for International Settlements (BIS), and the Financial Stability Board (FSB), as well as the steering committees and technical working groups of global standard-setting bodies such as the Basel Committee of Banking Supervision (BCBS), the International Organisation of Securities Commissions (IOSCO), the International Association of Insurance Supervisors (IAIS), and the Financial Action Taskforce (FATF).