INKRAH Law · Banking Act 1970 · Act of Parliament (1970)

Powers of the Authority — Supervision by the MAS

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Disclaimer: INKRAH Law reproduces the text of legislation for information and educational purposes only, and covers solely statutes made by the legislative and executive branches. The text may contain typographical or translation errors; always verify its authenticity and official version at the JDIH (official legal-documentation portal) of the relevant executive or legislative institution. To confirm whether a regulation is still in force, please visit the relevant institution's official website, and take note of any judicial review granted by the Supreme Court (MA) or the Constitutional Court (MK). English and other foreign translations here are unofficial.
Official source / JDIH →

Bahasa Indonesia

Monetary Authority of Singapore dapat mengeluarkan arahan dan menetapkan persyaratan kepada bank, serta mengambil tindakan pengaturan, untuk menjamin stabilitas dan integritas sistem perbankan serta kepatuhan terhadap Undang-Undang ini.

English (Singapore)

The Monetary Authority of Singapore may issue directions to and impose requirements on banks, and take regulatory action, to ensure the stability and integrity of the banking system and compliance with this Act.