Transcription of Monetary Authority of Singapore
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Monetary Authority of Singapore
Monetary Authority of SingaporeAnnuAl RepoRt 2016/1724 Industry-Wide Stress Test24 Strengthening Cybersecurity24 Over-The-Counter (OTC) Derivatives Reforms25 Formation of Corporate Governance Council25 TRUSTED FINANCIAL CENTRE 25 Preventing Money Laundering and Terrorism Financing26 Implementation of Common Reporting Standard26 Establishment of New MASNET Platform27 DyNAmIC FINANCIAL CENTRE27 Establishment of Data Analytics Group Within MAS28 Strengthening Markets and Deepening Financial Ecosystem 30 A World-Class FinTech Hub33 Developing a Know-Your-Customer Utility34 Strengthening the Singapore Core in Financial ServicesSERvINg ThE PUbLIC, ENgAgINg STAkEhoLDERS 38 SERvINg ThE PUbLIC 38 Managing Dollars and Cents39 Singapore Savings Bonds40 MoneySENSE42 Launch of Datasets as APIs43 PRoTECTINg CoNSUmERS 43 Review of Digital Offering of Life Insurance Products and Advisory Services44 Implementation of Credit Bureau Act44 PARTNERINg ACADEmIA 44 MAS Term Professorship in Economics and Finance45 Asian Monetary Policy Forum02 Chairman s Message 04 Highlights of the Year ANChoR oF ECoNomIC AND FINANCIAL STAbILITy 08 ThE ECoNomy 08 The Global Economy in 2016: Resilient But Uninspiring09 The Singapore Economy in 20
We continue to build on Singapore’s strengths as a dynamic financial hub. Consistent with the Committee on the Future Economy’s recommendations,
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