Media Conference
At the media conference, MAS Managing Director Mr Chia Der Jiun spoke on key areas across central banking, financial sector development and regulation. He spoke on MAS’ careful monetary policy approach amidst an uncertain global environment, and the resilience of the financial system despite heightened volatility. He shared about broad-based growth across Singapore’s financial sector, and updated on MAS’ initiatives to strengthen capabilities in digital resilience and security, AI and sustainability, as well as on-going efforts with the government and industry to bolster our defences against scams. In particular, he announced the successful completion of MAS’ Quantum Key Distribution sandbox and a new AI initiative called PathFin.ai to support financial institutions in their AI adoption journeys.
Annual Report Chapters
Macroeconomic and Financial Stability
Securing macroeconomic and financial stability in Singapore through monetary policy based on economic analysis and surveillance, as well as participation in international initiatives
Robust and Resilient Financial Centre
Maintaining a robust and resilient financial centre by strengthening cyber resilience of Singapore’s financial sector, enhancing our regulatory regime for financial institutions and educating consumers
Responsible and Trusted Financial Centre
Upholding Singapore’s reputation as a responsible and trusted financial centre through efforts that combat money laundering and terrorism financing, enforce against breaches and adhere to global principles
Innovative and Inclusive Financial Centre
Promoting technology and innovation-driven growth in Singapore’s financial sector, supporting talent and skills development, and deepening financial cooperation with global partners
Greening the Financial System
Partnering the financial sector to strengthen resilience to environmental risks, develop a vibrant green finance ecosystem, build a climate-resilient reserves portfolio and incorporate sustainable practices in our organisation
Official Foreign Reserves and Central Bank Operations
Managing the Official Foreign Reserves and conducting money market operations to manage liquidity in the banking system
