Fintech News Singapore

MAS Tells Banks to Scrutinise Clients Linked to Haze

The Monetary Authority of Singapore (MAS) has reinforced its expectations for banks to manage environmental risks linked to haze, including limiting financing or ending customer relationships where environmental laws have been clearly breached. MAS said banks should identify, assess, manage and monitor material environmental risks arising from their activities and exposures, including pollution and deforestation. [...] The post MAS Tells Banks to Scrutinise Clients Linked to Haze appeared first

By Fintech News Singapore

1 min read
MAS Tells Banks to Scrutinise Clients Linked to Haze
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