Singapore : Report on the Observance of Standards and Codes.

This paper discusses findings of the Report on Observance of Standards and Codes on Singapore. The Monetary Authority of Singapore (MAS) shows a very high level of compliance with the Basel Core Principles and demonstrates a strong commitment by MAS to their implementation. As a large financial cent...

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التفاصيل البيبلوغرافية
مؤلف مشترك: International Monetary Fund. Monetary and Capital Markets Department
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2013.
سلاسل:IMF Staff Country Reports; Country Report ; No. 2013/326
الوصول للمادة أونلاين:Full text available on IMF
الوصف
الملخص:This paper discusses findings of the Report on Observance of Standards and Codes on Singapore. The Monetary Authority of Singapore (MAS) shows a very high level of compliance with the Basel Core Principles and demonstrates a strong commitment by MAS to their implementation. As a large financial center, MAS is well aware of the risks posed by a financial system that is significantly larger than the economy of Singapore, and comprised primarily of branches of foreign institutions operating in non-Singapore dollars. MAS has also set a high standard for approving foreign entrants, applying the same prudential framework to foreign branches as to its own locally incorporated banks.
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وصف مادي:1 online resource (70 pages)
التنسيق:Mode of access: Internet
تدمد:1934-7685
وصول:Electronic access restricted to authorized BRAC University faculty, staff and students