MAS Guidelines (Individual Accountability) in Singapore (October 2020)
Client Briefings
Introduction
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Regulators around the world have been looking to the board and senior management of financial institutions (FIs) to ensure a strong culture of responsibility and ethical conduct within their organisations. Singapore is no exception. With the recent issuance of the Guidelines on Individual Accountability and Conduct (Guidelines), the Monetary Authority of Singapore (MAS) aims to strengthen the individual accountability of senior managers in FIs.
