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June Regulatory Round-up: Technology not a panacea for compliance pain points

Industry participants have told Asian Private Banker that there is still a long road ahead before technology can soothe compliance pain points, despite the fervour surrounding regtech’s ability to streamline increasingly complex regulatory requirements. In April, a number of amendments made to the Monetary Authority of Singapore’s (MAS) MAS 610 regulation, were implemented. Calvin Tan, a partner at law firm Simmons & Simmons…

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