This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Singapore bill proposed to improve financial institutions resolution regime

( July 5, 2017, 08:59 GMT | Official Statement) -- MLex summary: Singapore Education Minister Ong Ye Kung made a speech in parliament yesterday about the proposed Monetary Authority of Singapore (Amendment) Bill 2017. Ong said the bill would introduce important enhancements to the regulatory regime for financial institutions in Singapore, which would help MAS to resolve distressed financial institutions in an orderly manner. The bill would achieve greater operational efficiency within MAS, Ong added. The bill introduces a statutory framework for MAS to recognise resolution actions taken by a foreign resolution authority on financial institutions in Singapore.The text of the minister's speech follows: ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections