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.
Mission
To promote sustained non-inflationary economic growth, and a sound and progressive financial centre.
Function
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-To act as the central bank of Singapore, including the conduct of monetary policy, the issuance of currency, the oversight of payment systems and serving as banker to and financial agent of the Government
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-To conduct integrated supervision of financial services and financial stability surveillance
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-To manage the official foreign reserves of Singapore
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-To develop Singapore as an international financial centre
Values
- -Integrity: They are trustworthy and professional.
- -Commitment: They do their best for MAS and Singapore.
- -Enterprise: They set high standards and innovate continually.
- -Teamwork: They achieve more together.
Conduct
- -Personal and professional behaviour
They uphold the highest standards of conduct and behaviour in and outside MAS to safeguard MAS' reputation and interests. In all their dealings, they are guided by the principles of fairness, integrity, and professionalism.
- -Duty of confidentiality
They safeguard, at all times, the confidentiality of documents and information obtained during the course of their employment with MAS and even after they leave MAS.
- -Conflicts of interest
They avoid situations that may give rise to actual, potential, or perceived conflicts of interest. They take appropriate steps to mitigate potential conflicts of interest where such conflicts are unavoidable.
- -Use of MAS' resources
They use all MAS' resources, including financial, intellectual and electronic assets, in a responsible and appropriate manner.