The Monetary Authority of Singapore has opened a representative office office in Beijing, China, in order to strengthen bilateral collaboration between the MAS and Chinese financial regulatory authorities. The office will be headed by Chief Representative Tay Hwee Ling, who has covered operations including insurance supervision, banking policies, human resources and strategic planning.
Deputy Prime Minister and chairman of MAS, Tharman Shanmugaratnam, said: “MAS sees great value in establishing a physical presence in Beijing to facilitate future cooperation and regular interactions. We look forward to leveraging his milestone collaboration to deepen our financial and economic cooperation and take our bilateral relations to new heights.”
MAS, Singapore, regulation, China