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London, S'pore 'can serve Asia's insurance needs'

MAS MD Ravi Menon says London has expertise, and S'pore, knowledge of and proximity to Asian markets

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Mr Menon told his British audience that financial stability was key to MAS, and that sound regulation entailed promoting a vibrant financial sector.

INTERNATIONAL financial centres outside Asia such as London, with the enormous breadth of their markets, depth of financial expertise and connectivity with other financial centres, stand to gain from the rise of Asia, said Ravi Menon, managing director of the Monetary Authority of Singapore (MAS

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