The service aims to provide foreign central banks, international financial institutions, and sovereign entities with a secure option to hold gold reserves in Singapore.
MAS launches gold vaulting service with 500-tonne capacity, extends GST waiver to some gold services
EXECUTIVE SUMMARY
The service aims to provide foreign central banks, international financial institutions, and sovereign entities with a secure option to hold gold reserves in Singapore.
Key Takeaways
- MAS launches gold vaulting service with 500-tonne capacity, extends GST waiver to some gold services.
- The service aims to provide foreign central banks, international financial institutions, and sovereign entities with a secure option to hold gold reserves in Singapore.
- The service aims to provide foreign central banks, international financial institutions, and sovereign entities with a secure option to hold gold reserves in Singapore.
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Published originally on Channel NewsAsia (CNA)
