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Monetary Authority of Singapore

Singapore's central bank and financial regulatory authority / From Wikipedia, the free encyclopedia

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The Monetary Authority of Singapore or (MAS), is the central bank and financial regulatory authority of Singapore. It administers the various statutes pertaining to money, banking, insurance, securities and the financial sector in general, as well as currency issuance. It was established in 1971 to act as the banker to and as a financial agent of the Government of Singapore.[3] The Board is duly accountable to the Parliament of Singapore through the Minister-in-charge, who is also the Incumbent Chairman of the central bank.

Quick facts: Headquarters, Established, Ownership, Key peo...
Monetary Authority of Singapore
Headquarters10 Shenton Way, MAS Building, Singapore 079117
Established1 January 1971; 52 years ago (1971-01-01)
OwnershipGovernment of Singapore
Key peopleLawrence Wong (Chairman)
Ravi Menon (Managing Director)
Central bank ofSingapore
CurrencySingapore dollar (S$)
SGD (ISO 4217)
ReservesIncrease US$419.1 billion[1]
Bank rate3.51% (20 July 2023)[2]
Preceded byBoard of Commissioners of Currency

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