INKRAH Law · Singapore · Hukum Jasa Keuangan

Monetary Authority of Singapore Act 1970

Undang-Undang Otoritas Moneter Singapura 1970

Act of Parliament (1970)

Act of Parliament (1970).

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Bahasa Indonesia

Key Subject Matter

Membentuk Monetary Authority of Singapore (MAS) sebagai bank sentral dan otoritas jasa keuangan terpadu: kebijakan moneter, penerbitan mata uang, pengelolaan cadangan devisa, dan pengawasan sektor keuangan.

English (Singapore)

Key Subject Matter

Establishes the Monetary Authority of Singapore (MAS) as the central bank and integrated financial regulator: monetary policy, currency issuance, management of the official reserves, and supervision of the financial sector.

INKRAH Note

The MAS is both the central bank and the integrated supervisor of Singapore's financial sector.

Disclaimer: The English text is the authoritative version of this law; the Indonesian is an unofficial INKRAH translation. Always verify against the official source and check its current status.
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Article by Article

Establishment of the Authority — The Monetary Authority of Singapore

Bahasa Indonesia

Dibentuk suatu otoritas yang dikenal sebagai Monetary Authority of Singapore, yang merupakan badan hukum dengan kelangsungan abadi.

English (Singapore)

There is established an authority to be known as the Monetary Authority of Singapore, which shall be a body corporate with perpetual succession.

Principal Objects — Objects of the Authority

Bahasa Indonesia

Tujuan pokok Otoritas adalah memelihara stabilitas harga yang menunjang pertumbuhan ekonomi yang berkelanjutan; memupuk sektor jasa keuangan yang sehat dan progresif; serta mengembangkan Singapura sebagai pusat keuangan internasional.

English (Singapore)

The principal objects of the Authority are to maintain price stability conducive to sustainable growth of the economy; to foster a sound and progressive financial services sector; and to grow Singapore as an international financial centre.

Functions as Central Bank — Central Banking Functions

Bahasa Indonesia

Otoritas bertindak sebagai bank sentral Singapura, termasuk menjalankan kebijakan moneter, menerbitkan mata uang, mengelola cadangan devisa resmi, serta bertindak sebagai bankir dan agen keuangan Pemerintah.

English (Singapore)

The Authority acts as the central bank of Singapore, including conducting monetary policy, issuing currency, managing the official foreign reserves, and acting as banker to and financial agent of the Government.

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