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MAS to supervise exchange members

As lead regulator, it will focus on statutory requirements while the exchanges focus on risk management, trading rules

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Published Thu, Jan 28, 2016 · 09:50 PM

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    Singapore

    THE Monetary Authority of Singapore (MAS) will take over a portion of the supervision of brokers from exchanges and provide an additional layer of market surveillance as it adapts to having more than one exchange in Singapore, MAS deputy managing director Ong Chong Tee said on Thursday.

    The new framework takes effect this year.

    Monetary Authority of Singapore

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