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COVID-19: Governance: MAS' response and measures (Singapore)

12 May 2020 | Asia
Legal Briefings – By William Hallatt, Hannah Cassidy, Natalie Curtis, Sandra Tsao (Prolegis LLC), Valerie Tao and Kenneth Lo

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The Monetary Authority of Singapore (MAS) has been working with the industry to keep the city's markets robust, uninterrupted and accessible since the start of the COVID-19 outbreak.

In order to ensure that financial institutions and the markets remain resilient in the changing circumstances, MAS has announced policy changes and deadline extensions and issued guidance and reminders on a wide range of issues.
 
Our recent briefing provides a summary of these developments, with links to original documents to help you navigate the following areas:
 
  • Operational resilience and business continuity
  • Adjustments to selected regulatory requirements and supervisory programmes
  • Guidance on measures consistent with safe distancing
  • Financial and other support for financial institutions and fintech firms
  • Relief measures for banking clients

Download the briefing

See our recent Hong Kong briefing here

 

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