The Monetary Authority of Singapore (MAS) is Singapore's central bank and integrated financial regulator. As a central bank, we promote sustained, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. As an integrated financial supervisor, we foster a sound financial services sector through its prudential oversight of all financial institutions in Singapore - banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. In addition, we also work with the financial industry to promote Singapore as a dynamic international financial centre.