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Singapore accountability regime possibly more “operational heavy” than Hong Kong

The Individual Accountability and Conduct (IAC) regime implemented by the Monetary Authority of Singapore (MAS) might be more “operational heavy” compared to the accountability regime rolled out by Hong Kong regulators, even if there are no specific submissions required for now. Last Thursday, MAS implemented the Guidelines on Individual Accountability and Conduct (the Guidelines) listing the five outcomes regarding accountability and conduct…

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