Guidelines on Individual Accountability and Conduct Launched
Written by Amelia Liew On 11th September 2021, Individual Accountability and Conduct Guidelines introduced by the Monetary Authority of Singapore (“MAS”) have finally come into effect in Singapore. The purpose of the guideline is to strengthen the standards of conduct and protect the public confidence in the financial industry in which a total of 5 outcomes must be achieved by the financial institutions (“FIs”) operating in Singapore. The 5 outcomes set out in the guidelineare …
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