1.

Record Nr.

UNINA9910790715503321

Titolo

Singapore : : Detailed Assessment of Observance-Assessment of Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2013

ISBN

1-4755-6564-X

1-4755-1993-1

1-4755-3172-9

Descrizione fisica

1 online resource (301 p.)

Collana

IMF Staff Country Reports

Disciplina

332.1/52

Soggetti

Financial institutions - Singapore

Fiscal policy - Singapore

Banks and Banking

Investments: General

Industries: Financial Services

Finance: General

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

General Financial Markets: General (includes Measurement and Data)

Financing Policy

Financial Risk and Risk Management

Capital and Ownership Structure

Value of Firms

Goodwill

Pension Funds

Non-bank Financial Institutions

Financial Instruments

Institutional Investors

Investment & securities

Finance

Banking

Financial services law & regulation

Collateral

Securities

Credit risk



Government securities

Financial institutions

Financial regulation and supervision

Central counterparty clearing house

Financial markets

Loans

Banks and banking

Financial instruments

Financial risk management

Clearinghouses

Singapore

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di contenuto

Cover; CONTENTS; GLOSSARY; EXECUTIVE SUMMARY; I. BACKGROUND, KEY FINDINGS AND FOLLOW UP; A. Introduction; B. Methodology and Information Used for the Assessment; C. Overview of Clearing and Settlement Landscape; FIGURES; 1. Landscape of FMIs in Singapore; 2. Organization Structure Group; TABLES; 1. Cleared Volumes CDP; 2. Cleared Volumes SGX-DC; D. Key Findings and Follow up for CDP-CCP; 3. Ratings Summary of CDP-CCP; E. Key Findings and Follow up for SGX-DC; F. Key Findings and Follow up for MAS; 4. Ratings Summary of SGX-DC

5. Ratings Summary Responsibilities of the MASG. Recommendations for CDP-CCP; H. Recommendations for SGX-DC; I. Recommendations for the MAS; II. DETAILED ASSESSMENT FOR CDP-CCP; III. DETAILED ASSESSMENT FOR SGX-DC; IV. DETAILED ASSESSMENT RESPONSIBILITIES AUTHORITIES; V. AUTHORITIES' RESPONSE; APPENDIXES; 1. Organization Chart of SGX; 2. Risk Governance Structure SGX

Sommario/riassunto

This paper discusses key findings of the Detailed Assessment of Observance of the Committee on Payment and Settlement Systems–International Organization of Securities Commissions Principles for Financial Market Infrastructures(FMIs) in Singapore. Singapore has a well-developed payment, clearing, and settlement infrastructure, which includes two central counterparties for financial products. The infrastructure includes a large value payment system operated by the central bank and securities and derivatives clearing and settlement systems operated by the Singapore Exchange Limited. The FMIs in Singapore are subject to effective regulation, supervision, and oversight of the Monetary Authority Singapore (MAS). The legal framework provides the MAS with sufficient powers to obtain timely information and induce change.