19 October, 2015
On 8 October 2015, the Association of Banks in Singapore ("ABS") released the ABS Guidelines on Responsible Financing ("Guidelines"), a set of industry guidelines to enhance the implementation of responsible financing across the banking sector in Singapore. These Guidelines have been in the works since early 2015, and were partly prompted by the Transboundary Haze Pollution Act that was passed in Parliament in 2014. This Update takes a look at the Guidelines.
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For further information, please contact:
Angela Lim, Partner, Rajah & Tann