Principal objects and functions of Authority
4.—(1)  The principal objects of the Authority shall be —
(a)to maintain price stability conducive to sustainable growth of the economy;
(b)to foster a sound and reputable financial centre and to promote financial stability;
[Act 9 of 2013 wef 18/04/2013]
(c)to ensure prudent and effective management of the official foreign reserves of Singapore; and
(d)to grow Singapore as an internationally competitive financial centre.
[13/2007 wef 30/06/2007]
(2)  The functions of the Authority shall be —
(a)to act as the central bank of Singapore, conduct monetary policy, issue currency, oversee payment systems and serve as banker to and financial agent of the Government;
[Act 9 of 2013 wef 18/04/2013]
(b)to conduct integrated supervision of the financial services sector and financial stability surveillance;
[Act 9 of 2013 wef 18/04/2013]
(c)to manage the official foreign reserves of Singapore; and
(d)to develop Singapore as an international financial centre.
[13/2007 wef 30/06/2007]