05321oam 22012854 450 991079071580332120230803022730.01-4755-6316-71-4755-6304-31-4755-3102-8(CKB)2550000001180096(EBL)1588594(SSID)ssj0001168178(PQKBManifestationID)11639244(PQKBTitleCode)TC0001168178(PQKBWorkID)11145404(PQKB)11318426(Au-PeEL)EBL1588594(CaPaEBR)ebr10825494(CaONFJC)MIL560210(OCoLC)867928654(IMF)1SGPEE2013005(IMF)1SGPEA2013005(MiAaPQ)EBC1588594(EXLCZ)99255000000118009620020129d2013 uf 0engurcnu||||||||txtccrSingapore : Detailed Assessment of Compliance on the Basel Core Principles for Effective Banking SupervisionWashington, D.C. :International Monetary Fund,2013.1 online resource (246 p.)IMF Staff Country ReportsDescription based upon print version of record.1-4755-3095-1 1-306-28959-9 Cover; CONTENTS; GLOSSARY; INTRODUCTION; BACKGROUND INFORMATION AND METHODOLOGY USED; OVERVIEW OF THE INSTITUTIONAL SETTING AND MARKET STRUCTURE; TABLES; 1. Structure of the Banking System as of End-2012; PRECONDITIONS FOR EFFECTIVE BANKING SUPERVISION; SUMMARY OF THE RESULTS; 2. Summary Compliance with the Basel Core Principles; DETAILED PRINCIPLE BY PRINCIPLE ASSESSMENT; 3. Detailed Assessment of Compliance with the Basel Core Principles; RECOMMENDED ACTIONS; 4. Recommended Actions to Improve Compliance with the Basel Core PrinciplesAUTHORITIES' RESPONSE TO THE ASSESSMENTThis paper discusses key findings of the Detailed Assessment of Compliance on the Basel Core Principles for Effective Banking Supervision on Singapore. The assessment of the Monetary Authority of Singapore (MAS) represents a very high level of compliance with the Basel Core Principles for Effective Banking Supervision and demonstrates a strong commitment by MAS to their implementation. MAS is well aware of the risks posed by a financial system that is significantly larger than the economy of Singapore. MAS has also set a high standard for approving foreign entrants, applying the same prudential framework to foreign branches as to its own locally incorporated banks.IMF Staff Country Reports; Country Report ;No. 2013/342Banks and bankingSingaporeFinanceSingaporeBanks and BankingimfFinance: GeneralimfMoney and Monetary PolicyimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfFinancing PolicyimfFinancial Risk and Risk ManagementimfCapital and Ownership StructureimfValue of FirmsimfGoodwillimfFinancial Institutions and Services: Government Policy and RegulationimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfBankingimfFinancial services law & regulationimfFinanceimfMonetary economicsimfMarket riskimfCredit riskimfStress testingimfLiquidity riskimfFinancial regulation and supervisionimfCreditimfMoneyimfOperational riskimfBanks and bankingimfFinancial risk managementimfSingaporeimfBanks and bankingFinanceBanks and BankingFinance: GeneralMoney and Monetary PolicyBanksDepository InstitutionsMicro Finance InstitutionsMortgagesFinancing PolicyFinancial Risk and Risk ManagementCapital and Ownership StructureValue of FirmsGoodwillFinancial Institutions and Services: Government Policy and RegulationMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralBankingFinancial services law & regulationFinanceMonetary economicsMarket riskCredit riskStress testingLiquidity riskFinancial regulation and supervisionCreditMoneyOperational riskBanks and bankingFinancial risk management332.1/025International Monetary Fund.DcWaIMFBOOK9910790715803321Singapore453486UNINA