The Monetary Authority of Singapore (MAS) is suspending all its regular on-site inspections and supervisory visits of FIs and adjusting certain regulatory requirements, so as to allow FIs to focus on dealing with issues related to the COVID-19 pandemic and supporting their customers. The move comes after Singapore Prime Minister Lee Hsien Loong last Friday announced additional measures to combat…
Extending timelines and deferring policies, MAS wants FIs to focus on COVID-19
