Ministry of Finance (Singapore)

Ministry of Finance (Singapore)
Ministry of Finance
MOF logo.jpg
Logo of the MOF
Agency overview
Jurisdiction Government of Singapore
Headquarters The Treasury
Employees 1523[1]
Annual budget increase$683.69 million SGD (2010)[1]
Minister responsible Tharman Shanmugaratnam, Minister
Agency executives Peter Ong Boon Kwee, Permanent Secretary
Chan Lai Fung, Permanent Secretary (Finance Performance)
Ng Wai Choong, Deputy Secretary (Policy)
Lim Hock Chuan, Deputy Secretary (Performance)
Child agencies Inland Revenue Authority of Singapore
Accounting and Corporate Regulatory Authority
Singapore Totalisator Board
The Ministry of Finance, Singapore is headquartered at The Treasury on High Street.

The Ministry of Finance (Abbreviation: MOF; Simplified Chinese: 新加坡财政部), is a ministry of the Government of Singapore responsible for administering and regulating financial institutions and structures of the economy of Singapore. It is headed by the Minister for Finance. The authority's main regulatory statutes are the Companies Act, the Business Registration Act, the Currency Act and the Accountants Act.

The MOF functions within the government to ensure that businesses operating within Singapore's jurisdiction are compatible with international standards and practices, in areas such as company law, accounting standards and corporate governance principles.

See also


  1. ^ a b "Head M: Ministry of Finance" (PDF). Budget 2010: Revenue and Expenditure Estimates. Ministry of Finance. 2010-02. Retrieved 2010-09-14. 

External links

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