Is Monetary Authority of Singapore a central bank?
The Monetary Authority of Singapore (MAS) is the central bank and financial regulatory authority of Singapore. It administers the various statutes pertaining to money, banking, insurance, securities and the financial sector in general, as well as currency issuance. It was established in 1971 to act as the Government of Singapore’s banker. Role of the MAS As ML/TF threats continue to evolve, MAS periodically issues … Read more