Additional Guidelines to Investment Mandate of Singapore's Sovereign Funds

Mr Leong Mun Wai asked the Deputy Prime Minister and Minister for Finance whether the Ministry will consider introducing additional investment guidelines to the investment mandate of our sovereign funds in view of the recent investments made on cryptocurrency exchanges.

Mr Lawrence Wong: I thank the Member for the question. I will address it in my reply at the 30 November 2022 Parliament Sitting. [Please refer to "Bankruptcy of Cryptocurrency Trading Platform FTX and Impact on Singapore's Financial Markets, Regulation of Such Asset Class and Strategies of Singapore's Investment Funds", Official Report, 30 November 2022, Vol 95, Issue 78, Oral Answers to Questions section.]