| Financial authorities in Singapore have recommended consolidating the oversight of all commodity derivatives and futures to one regulatory body, as part of a proposed broader move to regulate the country's derivatives market in line with international standards.
Under wide-ranging regulations designed to bring Singapore's financial markets in line with the Group of 20's proposals on derivatives, the Monetary Authority of Singapore (MAS) and development agency International Enterprise Singapore (IE) have proposed that regulatory oversight for commodity derivatives switch from the current jurisdiction of the IE's Commodities Trading Act (CTA) to the MAS's Securities and Futures Act (SFA).................................................Full Article: Source
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