Singapore to support global commodity derivatives market, says MAS's Kola Luu
Singapore is currently one of the key trade financing centres in Asia, said Kola Luu, executive director of the financial markets strategy department at the Monetary Authority of Singapore, in a speech last week. In Singapore, there is a good community of key trade financing and credit insurance players to support the growing intra-Asian trade and the increasing linkages with Latin America.
Speaking at the Commodity Trade and Finance World Asia 2010 conference in Singapore, Luu announced that the Singaporean government is looking into various models and evaluating how best to realise the development of a market-based institution to support the...
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