Singapore : Detailed Assessment of Implementation-IOSCO Objectives and Principles of Securities Regulation

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

December 5, 2013

Electronic Access:

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Summary:

This paper discusses the findings of the Detailed Assessment of Implementation on the International Organization of Securities Commissions (IOSCO) Objectives and Principles of Securities Regulation on Singapore. Overall compliance with IOSCO principles is generally high, although the assessors identified some vulnerabilities that need to be resolved. The Monetary Authority of Singapore’s (MAS) enforcement philosophy as regards securities markets and the financial intermediaries active therein is cogent, with outcomes focused and well developed. The Securities and Futures Act (Cap. 289) provides an effective framework to enable the sharing of information and cooperation between MAS and foreign regulators on supervisory and enforcement matters.

Series:

Country Report No. 13/344

Subject:

English

Publication Date:

December 5, 2013

ISBN/ISSN:

9781475528367/1934-7685

Stock No:

1SGPEA2013007

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

241

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