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Singapore central bank files bill to regulate credit bureaus

( October 11, 2016, 02:29 GMT | Official Statement) -- MLex Summary: The Monetary Authority of Singapore has filed a bill in parliament that would allow it to license and supervise credit bureaus that collect customer credit information from banks and other financial institutions in Singapore. The bill will provide MAS with powers to approve changes in controlling shareholdings and CEOs or directors of licensed credit bureaus. It will also allow consumers the right to access, review and rectify credit records.The regulator's full statement is attached. ...

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