The Monetary Authority of Singapore said it is “committed to undergoing periodic financial stability assessments”. The last time Singapore participated in the IMF’s survey was in 2004.
Under the programme, Singapore will be assessed against international standards for its banking, insurance and securities sectors. The MAS said the assessment contributes to a deeper understanding of the stability and resilience of the financial sector.
The FSAP will visit Singapore in April and May this year for the standards and financial stability assessments.
