The Monetary Authority of Singapore (MAS) is the central bank and financial regulatory authority of Singapore. Established in 1971, it oversees the country's monetary policy, issues currency, and manages foreign reserves. MAS aims to promote a sound and progressive financial services sector. In addition to monetary policy, MAS regulates banks, insurance companies, and capital markets to ensure stability and integrity in the financial system. It also fosters a conducive environment for economic growth and innovation, supporting initiatives in areas like fintech and sustainable finance.