22 May, 2018
On 26 April 2018, the Monetary Authority of Singapore (“MAS”) issued a consultation paper on proposed guidelines on individual accountability and conduct (the “Guidelines”).
We had previously prepared a note that provides an overview of the MAS’ proposals and their key implications for financial institutions in Singapore.
We have now updated the note (in the Annex) to include a comparison table of the Senior Managers and Certification Regime in the UK, the Managers-in-Charge Regime in Hong Kong, the Banking Executive Accountability Regime in Australia, and the Guidelines.
Please see the orginal article here.
For further information, please contact:
Peiying Chua, Linklaters
peiying.chua@linklaters.com
