Inaugural financial dialogue between Switzerland and Singapore
Bern, 24.04.2015 - Senior officials from Switzerland's Federal Department of Finance, the Swiss National Bank and the Monetary Authority of Singapore (MAS) met in Singapore today for an inaugural financial dialogue. The delegations exchanged views on global economic and financial market developments, financial market policies, as well as on international and domestic regulatory reforms under way.
The two delegations were led by René Weber, Head of the Markets Division in the State Secretariat for International Financial Matters SIF, and Ms Jacqueline Loh, Deputy Managing Director, MAS. Switzerland and Singapore have strong and internationally oriented financial sectors. Both countries enjoy close ties and share similar interests in international financial fora, such as the Financial Stability Board, for issues including the regulation of banking, insurance and capital markets.
The dialogue builds on the visit of President Tony Tan to Switzerland on 8 May 2014, when both Switzerland and Singapore agreed to enhance their current cooperation through regular exchanges between the competent financial market authorities. It also follows the visit of Federal Councillor Eveline Widmer-Schlumpf to Singapore in February 2015. The dialogues will take place regularly, facilitating the exchange of experiences and views and promoting cooperation in areas of mutual interest.
Address for enquiries
Mario Tuor, Head of Communications, State Secretariat for International Financial Matters SIF
tel. +41 58 462 46 16, email@example.com
Federal Department of Finance