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Detailed Assessment of Compliance on the Basel Core Principles for Effective Banking Supervision
出版International Monetary Fund, 2013-12-05
主題Business & Economics / Banks & BankingBusiness & Economics / Finance / General
ISBN14755630439781475563047
URLhttp://books.google.com.hk/books?id=ttZ7AgAAQBAJ&hl=&source=gbs_api
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註釋This 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.