Singapore Chronicles – Finance

Singapore is one of the premier financial centres in the world. It is one of the biggest markets for the trading of foreign exchange and financial derivatives, and home to hundreds of global financial institutions, from banks and insurers to oil traders and hedge fund managers. This book traces the development of Singapore’s financial sector from its early supporting role in a thriving British colonial trading outpost to its rapid expansion after the nation’s Independence in 1965.  It is the story of how policymakers here managed to maintain a reputation for regulation and supervision of a high standard, and yet take risks to innovate boldly and seize global opportunities when they arose.