Monetary Authority of Singapore


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Monetary Authority of Singapore

The central bank of Singapore. It is responsible for issuing the Singapore dollar and setting exchange rates. It also regulates banking in Singapore. Unlike many central banks, which set key interest rates, the Monetary Authority of Singapore alters its exchange rates to control its monetary policy. It was established in 1971.
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Speaking at the 16th WIBC in Bahrain last Dec-ember, Heng Swee Keat, governor of the Monetary Authority of Singapore Heng, said he was pleased that the WIBC Asia was coming to Singapore.
The Singapore Summit is organised by the Temasek Foundation Connects with the support of the Singapore Economic Development Board, GIC Pte Ltd, the Ministry of Finance, the Ministry of Foreign Affairs, the Ministry of Trade and Industry, the Monetary Authority of Singapore and Temasek.
The Monetary Authority of Singapore issued a statement, saying that both Prudential and StanChart would have to investigate the root cause of the incident.
The Monetary Authority of Singapore (MAS) has announced that the Payments Council has approved the unprecedented SG QR, which includes protocols customised for Singapore.
The two day WIBC Asia event, held under the official support of the Monetary Authority of Singapore, kicked off with an inaugural address by H.E.
Economists surveyed by the Monetary Authority of Singapore also predicted inflation would come in at 3.5 percent in 2012, up from the median expectation of 3.1 percent in December and at the top end of the MAS forecast of 2.5 to 3.5 percent.
The MoU was signed by Central Bank Governor Sultan Bin Nasser Al Suwaidi on behalf of the UAE Central Bank and Teo Swee Lian, Acting Managing Director of the Monetary Authority of Singapore.
The Midas and Trade Innovation products will help the bank meet the recently introduced SAS 33 accounting regulations as well as automating the reports that it sends to the Monetary Authority of Singapore. Misys also claims that the systems will strengthen internal controls and enable the State Bank of India to meet all the required compliance standards.
Singapore and Japan signed an agreement Friday to strengthen mutual assistance in the supervision of securities and securities derivatives markets, the Monetary Authority of Singapore (MAS) said.
The Monetary Authority of Singapore (MAS) is said to be considering moves to cut its growth forecast.
Singapore: The Monetary Authority of Singapore and the Autoriti Monetari Brunei Darussalam signed a FinTech Cooperation Agreement to foster innovation in financial services between Brunei Darussalam and Singapore.
Replying to media queries, the Monetary Authority of Singapore (MAS) said it had asked the Securities Commission Malaysia (SC) to clarify its position and would await the SC's update on the matter.