Viewpoints

LEONG Sing Chiong: Finance Must Ensure Stability in a Sustainable and Prudent Way
June 15,2021

  At the 13th Lujiazui Forum on June11, LEONG Sing Chiong, Deputy Managing Director of Monetary Authority of Singapore attended the Session of “Finance Serves the Development of the Real Economy and Innovation of Science and Technology” and made remarks.

  LEONG indicated that countries should drive economic growth and reforms with the help of finance in a sustainable and prudent way.It is critical to maintain financial stability while pursuing sustainable growth. Financial regulation has a significant role to play on many fronts such asmacro prudence and market behaviors. In addition, an increased focus on direct financing calls for better information disclosure.