mas sets up rep office in beijing

The Monetary Authority of Singapore (MAS) and the Peoples Bank of China (PBC) have signed an agreement on the establishment of a representative office by MAS in Beijing.

mas sets up rep office in beijing

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The Beijing representative office is MAS’s third overseas representative office, in addition to its offices in London and New York.

MAS stated that the establishment of its representative office in Beijing was aimed at further strengthening bilateral cooperation between MAS and PBC, as well as with other Chinese financial authorities.

The agreement was signed by Zhou Xiaochuan, governor of PBC and Ravi Menon, managing director of MAS, at the Bank of International Settlements AGM in Basel, Switzerland, on 23 June 2012.
 

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