Fintech News Singapore

MAS Seeks Tighter Rules on Boards and Key Appointments at Banks, Insurers

The Monetary Authority of Singapore (MAS) has proposed tighter director independence rules for banks and insurers. The public consultation also covers board composition, key appointments and designated financial holding companies. MAS proposes refining the criteria for assessing whether directors are independent from management, business relationships and substantial shareholders. Directors employed by, or with dealings involving, [...] The post MAS Seeks Tighter Rules on Boards and Key Appointm

By Fintech News Singapore

1 min read
MAS Seeks Tighter Rules on Boards and Key Appointments at Banks, Insurers
MAS Seeks Tighter Rules on Boards and Key Appointments at Banks, Insurers

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