Singapore's financial regulation among world's best: IMF

Pedro Gonçalves
clock • 1 min read

The International Monetary Fund (IMF) has hailed Singapore's financial sector oversight as "among the best globally." The IMF also found that Singapore's economic fundamentals were strong and its economic policies sound, the Monetary Authority of Singapore (MAS) said in a statement, announcing the IMF's assessment. Having completed its third financial sector assessment programme (FSAP) on Singapore since its last review in 2013, IMF said the overall sector is resilient with healthy buffers to withstand severe adverse shocks It also noted that MAS has struck a good balance in foster...

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