Shadow banking poses no big threat to system

[SINGAPORE] Singapore'S shadow banking is small, and does not pose significant risks to the banking system, the Monetary Authority of Singapore Financial Stability Review 2013 said.

Disclosing data on shadow banking here for the first time, it also showed that the majority or 80 per cent of assets in the non-bank sector are held by Singapore fund managers.

"Non-bank financial intermediaries in Singapore neither perform significant maturity and liquidity transformation, nor perform credit risk transfer,...

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