singapore central bank monetary policy

Is the Monetary Authority of Singapore independent?

January 23, 2024December 2, 2021 by

Monetary Authority of Singapore The country of Singapore’s operating central bank is known as the Monetary Authority of Singapore (or simply MAS in its abbreviated form) and was established in 1971 to take the control of money and finance out of the government’s hands and in to a well regulated institution comparable to the central banks of other countries. … Read more

Who owns the Monetary Authority of Singapore?

January 23, 2024December 2, 2021 by

MAS is governed by a board of directors and chaired by Singapore’s Minister for Finance. As a government institution, MAS operates by a strict code of conduct and considers certain core values, including a commitment to professionalism, integrity, and fairness, of paramount importance. In its regulatory capacity, MAS oversees every aspect of monetary policy, … Read more