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International Advisory Panel

The Monetary Authority of Singapore (MAS) is Singapore's central bank that promotes sustained economic growth through monetary policy and macroeconomic surveillance. MAS manages Singapore's exchange rate, foreign reserves, and banking sector liquidity. It also supervises all financial institutions in Singapore, including banks, insurers, and the stock exchange. MAS helps develop Singapore as a regional and international financial center and fosters a strong financial services sector through promoting good corporate governance and international accounting standards. It has two advisory committees, an international panel and a local committee that advises on currency notes and coins.

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66 views

International Advisory Panel

The Monetary Authority of Singapore (MAS) is Singapore's central bank that promotes sustained economic growth through monetary policy and macroeconomic surveillance. MAS manages Singapore's exchange rate, foreign reserves, and banking sector liquidity. It also supervises all financial institutions in Singapore, including banks, insurers, and the stock exchange. MAS helps develop Singapore as a regional and international financial center and fosters a strong financial services sector through promoting good corporate governance and international accounting standards. It has two advisory committees, an international panel and a local committee that advises on currency notes and coins.

Uploaded by

Ara Taningco
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© © All Rights Reserved
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ABOUT

As Singapore's central bank, the Monetary Authority of Singapore (MAS) promotes sustained, non-inflationary
economic growth through appropriate monetary policy formulation and close macroeconomic surveillance of
emerging trends and potential vulnerabilities. It manages Singapore's exchange rate, foreign reserves and liquidity in
the banking sector. MAS is also an integrated supervisor overseeing all financial institutions in Singapore -- banks,
insurers, capital market intermediaries, financial advisors, and the stock exchange. With its mandate to foster a sound
and progressive financial services sector in Singapore, MAS also helps shape Singapore's financial industry by
promoting a strong corporate governance framework and close adherence to international accounting standards. In
addition, it spearheads retail investor education. MAS ensures that Singapore's financial industry remains vibrant,
dynamic and competitive by working closely with other government agencies and financial institutions to develop and
promote Singapore as a regional and international financial centre.

Meron din silang advisory committee wherein nahahati sa dalawng groupinternational advisory committee panel
and Singapore note and coin advisory committee. mga foreigners ang advisors nila may Japanese, American,
chinese, indian, etc.

International Advisory Panel

Formed in November 1998, the International Advisory Panel (IAP) comprises some of the world's leading financial

experts. The panel advises the MAS on Singapore's financial sector reforms and strategies. Tapping the knowledge

and expertise of a distinguished advisory panel gives MAS a global perspective on financial sector issues and helps

MAS keep abreast of market developments and policy initiatives in major international financial centres. The MAS

IAP presently comprises the following members.

Singapore Note And Coin Advisory Committee

The Singapore Note and Coin Advisory Committee (SNCAC) was


established with the following terms of reference:

To advise on the introduction and issue of new currency notes and coins;

To advise on the design criteria and themes for new currency notes and coins;

To examine, review and recommend note and coin designs and specifications to the MAS

Board; and
To advise on any other matters relating to the issue of new currency notes and coins.

The sixth SNCAC, established for a three-year term from 1 July 2014 to
30 June 2017, comprises the following members:

http://www.mas.gov.sg/About-MAS/Overview/Advisory-Committees/Singapore-Note-And-Coin-Advisory-

Committee.aspx

ECONOMY NG SG http://www.mas.gov.sg/Monetary-Policy-and-Economics/The-Singapore-Economy.aspx

http://www.bsp.gov.ph/monetary/targeting.asp INFLATION

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