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MAS enforcement priorities likely more PB focused in 2021

Following guidance regarding pricing disclosure and senior management accountability issued this year, the Monetary Authority of Singapore (MAS) is likely to shift its enforcement focus on private banking (PB) and wealth management (WM) in 2021. The Singapore regulator published its Enforcement Report – January 2019 to June 2020 earlier this month, summarising its enforcement actions and providing an outlook on…

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