New Singapore Bill Proposes Safeguards for Major Financial Firm Failures

Singapore has proposed legislation to help major financial institutions absorb losses without destabilising the wider financial system. The Financial Services and Markets (Amendment) Bill 2026 was introduced for its first reading in Parliament on 8 September. It would allow the Monetary Authority of Singapore (MAS) to require systemically important financial institutions to maintain a minimum [...] The post New Singapore Bill Proposes Safeguards for Major Financial Firm Failures appeared first o