MAS successfully hosted the 16th International Conference of Banking Supervisors (ICBS) which was jointly organised with the BCBS. The ICBS, held every two years since 1979, was designed by the BCBS to promote international cooperation between banking supervisors. More than 240 senior banking representatives from over 100 countries attended the conference. The themes of discussion for the 16th ICBS were "Towards a More Resilient Banking Sector" and "A Stable Financial Environment for Sustained Economic Growth". Participants exchanged views on key supervisory issues through panel discussions and breakout workshops organised on each of the two themes. A number of senior banking representatives also delivered speeches and chaired discussions during the conference.