Extract from MAS Consultation Paper: “The Monetary Authority of Singapore (“MAS”) is proposing to introduce a set of Guidelines on Transition Planning, to facilitate financial institutions’ (“FIs”) transition planning processes as they build climate resilience and...
Extract from MAS Consultation Paper: “MAS considers that the RFMC regime [subject to lighter requirements regulatory requirements given the limits placed on assets under management and number of customers] has served its purpose. Since the introduction of the...
