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    • MAS
    • Media Releases

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    • Singapore, 2 November 2022… The Monetary Authority of Singapore (MAS) announced today that the first industry pilot under MAS’ Project Guardian Please refer to the media release on the announcement on Project Guardian: https://www.mas.gov.sg/news/media-releases/2022/mas-partners-the-industry-to-pilot-use-cases-in-digital-assets that explores potential decentralised finance (DeFi) applications in wholesale funding markets has completed its first live trades. More industry pilots have been launched
    • MAS
    • Consultations

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    • Seeking views on proposed Notice on Cyber Hygiene which prescribes a set of essential cyber security practices that FIs must put in place to manage cyber threats. These measures, if well implemented, would be effective against a wide range of cyber attacks. Consultation Paper VIEW DOCUMENT Consultation Paper on Notice on Cyber Hygiene (921.7 KB) CONSULTATION PAPER P014 - 2018 September 2018 NOTICE ON CYBER HYGIENE Monetary Authority Of Singapore 1 -------- CONSULTATION PAPER ON NOTICE
    • MAS
    • Annual Reports

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    • STAYING THE COURSE M O N E T A R Y A U T H O R I T Y O F S I N G A P O R E A N N U A L R E P O R T 1 9 9 9 / 2 0 0 0 -------- CONT ENTS INTRODUCTION 1 Our Mission 2 Our Objectives 4 Members of the Board 6 Chairmans Statement 8 Management Team 10 Organisation Structure THE ECONOMY 14 External Environment 15 Economic Activity 20 Labour Market 23 Inflation 26 Exchange Rate Policy 27 Exchange Rate Developments 29 Fiscal Developments 31 Money and Credit 32 Balance of Payments THE FINANCIAL
    • MAS
    • Annual Reports

    Last revised date:

    • MONETARY AUTHORITY OF SINGAPORE -------- Published by Monetary Authority of Singapore Designed and produced by Epigram Copyright © Monetary Authority of Singapore, 2004 This annual report is copyright under the Monetary Authority of Singapore. No reproduction without premission. All rights reserved. Monetary Authority of Singapore 10 Shenton Way, MAS Building, Singapore 079117 www.mas.gov.sg -------- MONETARY AUTHORITY OF SINGAPORE ANNUAL REPORT 2003/2004 -------- OUR MISSION To promote sustained
    • MAS
    • Macroeconomic Reviews

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    • -------- MAS ED Quarterly Bulletin, March 2001 Contents Overview 1.1 1.2 1.3 1.4 1 Macroeconomic Developments External Developments Domestic Output Aggregate Demand Fiscal Developments Box Item: Impact of Discretionary Fiscal Policy on Operating Revenue Balance of Payments 1.5 2 Financial Market Developments 2.1 2.2 International Financial Markets Domestic Financial Markets 3 Wage-Price Dynamics in the Singapore Economy 3.1 3.2 3.3 External Inflation Domestic Price Pressures CPI Inflation
    • MAS
    • Media Releases

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    • Singapore, 31 May 2022…The Monetary Authority of Singapore (MAS) announced today the commencement of Project Guardian, a collaborative initiative with the financial industry that seeks to explore the economic potential and value-adding use cases of asset tokenisation. Project Guardian was launched by Mr Heng Swee Keat, Deputy Prime Minister and Coordinating Minister for Economic Policies, at the Asia Tech x Singapore Summit this morning. 2   Tokenisation is the process of digitally representing assets
    • MAS
    • Money and Banking Monthly Statistical Bulletin

    Last revised date:

    • November 2015Co-ordinated by:Data Governance & Analytics UnitMonetary Authority of SingaporeMAS Building, 10 Shenton WaySingapore 079117 Republic of SingaporeMONETARY AUTHORITY OF SINGAPOREMONTHLY STATISTICALBULLETIN -------- CONTENTS Highlights of Monetary and Financial Developments ..............5STATISTICAL SECTIONIMONEY AND BANKINGI.1Money Supply (DBU) ......11I.1AMoney Supply (DBU and ACU) ......12I.2AMonetary Survey (DBU).......13I.2BMonetary Survey (DBU and ACU) .....14I.2CMonetary
    • MAS
    • Staff Papers

    Last revised date:

    • MAS Staff Paper No. 56, November 2019 - By Chioh Wenn Sheng, Chua Bing Kiat, Andrew Ang, Fan Jia Rong and Brandon Sim ABSTRACT The growth of dark trading in equities has driven academic research and attracted attention from regulators concerned about its effects on market quality. In this paper, we analyse and simulate the effects of dark trading on the market quality and efficiency of Singapore’s equity market. While our results generally support the conventional criticisms of dark trading, we find
    • MAS
    • Speeches

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    • Ladies and gentlemen, good afternoon. And to all our foreign guests, welcome to Singapore. This is a conference named after Money. Money has been with us for at least 5000 years. And over the last 300 years or so, we have come to accept Money as being issued by central banks whose mission in life is to safeguard its value. Now, along comes a new phenomenon – crypto money or currency or asset. The past year has seen explosive growth in the trading and use of these crypto assets. We have also seen
    • MAS
    • Money and Banking Monthly Statistical Bulletin

    Last revised date:

    • July 2015Co-ordinated by:Data Governance & Analytics UnitMonetary Authority of SingaporeMAS Building, 10 Shenton WaySingapore 079117 Republic of SingaporeMONETARY AUTHORITY OF SINGAPOREMONTHLY STATISTICALBULLETIN -------- CONTENTS Highlights of Monetary and Financial Developments ..............5STATISTICAL SECTIONIMONEY AND BANKINGI.1Money Supply (DBU) ......11I.1AMoney Supply (DBU and ACU) ......12I.2AMonetary Survey (DBU).......13I.2BMonetary Survey (DBU and ACU) .....14I.2CMonetary