DIRECTORATE OF CURRENCY & BANK OPERATIONS
Director General: Dr. Chan Andrea
Directorate Functions: Currency management, banking operations, operational integrity
DEPARTMENT OF CURRENCY MANAGEMENT
Director:
Division of Currency Issuance & Distribution
Key Functions:
Banknote production coordination
Currency distribution to banks
Currency supply planning
Printing contract management
Division of Currency Quality & Authentication
Key Functions:
Currency design and security features
Counterfeit detection
Quality control
Authentication technology
Division of Currency Operations & Vaults
Key Functions:
Vault management
Currency inventory control
Cash handling procedures
Security protocols
Division of Currency Destruction
Key Functions:
Unfit note identification
Currency destruction procedures
Disposal documentation
Environmental compliance
DEPARTMENT OF BANKING SERVICES
Director:
Division of Government Banking
Key Functions:
Government account management
Treasury operations
Revenue collection
Government payments
Division of Commercial Banking Services
Key Functions:
Banker to banks services
Reserve account management
Standing facilities
Lender of last resort
Division of Clearing & Settlement
Key Functions:
Payment clearing operations
Settlement processing
Interbank transactions
Clearing house management
Division of Foreign Exchange Operations
Key Functions:
FX transactions
Correspondent banking
International payments
Foreign reserves management
DEPARTMENT OF COMPLIANCE & OPERATIONAL RISK
Director:
Division of Operational Risk Management
Key Functions:
Risk identification and assessment
Risk mitigation strategies
Incident management
Risk reporting
Division of Compliance Monitoring
Key Functions:
Regulatory compliance
Policy adherence
Compliance audits
Compliance reporting
Division of AML/CFT
Key Functions:
Anti-money laundering controls
Counter-terrorism financing
Suspicious transaction reporting
KYC procedures
Division of Business Continuity
Key Functions:
Disaster recovery planning
Business continuity plans
Crisis management
Emergency procedures