Singapore : Financial Sector Assessment Program; Technical Note-Macroprudential Policy
Electronic Access:
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Summary:
Macroprudential policy in Singapore has centered on the property market, given the importance of this market for households’ balance sheets, banks’ loan portfolios, and the potential systemic risks. In the last decade, the authorities have been proactive in using property-related macroprudential tools to promote a stable and sustainable property market and to encourage financial prudence among borrowers. The Monetary Authority of Singapore (MAS) is the authority with a macroprudential policy mandate.
Series:
Country Report No. 19/227
Subject:
Economic growth External sector Flow of funds Interest rates Price indexes
English
Publication Date:
July 15, 2019
ISBN/ISSN:
9781498325851/1934-7685
Stock No:
1SGPEA2019004
Format:
Paper
Pages:
42
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