Regulator of the year

Asia Risk Awards 2002


One of the main hurdles bankers in Asia usually mention when talking about the development of local derivatives markets is the difficulty in dealing with domestic regulators. Such complaints, however, are seldom heard about Singapore. In fact, bankers dealing in the Singapore market usually hail the Monetary Authority of Singapore (MAS) as savvy, open and pro-active. Because MAS frequently consults with market participants, it has been able to issue clear guidelines and regulations

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