Monetary Authority of Singapore Act

From MarketsWiki

Jump to: navigation, search
This page is not complete!
Do you have knowledge to contribute on this or other subjects?

Help the wiki grow -- add what you know.



The Monetary Authority of Singapore Act is the act that led to the formation of the Monetary Authority of Singapore (MAS). The MAS Act, which was passed in 1970, gives MAS the authority to regulate all elements of monetary, banking and financial aspects of Singapore.[1]

In 2007, Singapore Parliament approved an amendment to the Monetary Authority of Singapore Act to consolidate the MAS’ powers under the various acts it administers and enhance the deterrents against money laundering and terrorist financing in the financial sector.[2]

This page needs a sponsor.
Put your logo here!
Email us for information
on how to support MarketsWiki.

Resources

Monetary Authority Of Singapore Act

References

  1. ↑ Introduction to MAS. MAS. Retrieved on July 27, 2008.
  2. ↑ Second Reading Speech On The Monetary Authority of Singapore (Amendment No. 2) Bill 2007. WW.Legal.com. Retrieved on July 27,2008.
Retrieved from "http://www.marketswiki.com/mwiki/Monetary_Authority_of_Singapore_Act"
Personal tools