Singapore sets up industry group to improve banking conduct standards

clock • 2 min read

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced today the establishment of the Culture and Conduct Steering Group (CCSG) to promote "sound culture" and raise conduct standards among banks in Singapore. MAS is intensifying its work with banks to strengthen (i) ethical business practices that safeguard customers' interests and ensure fair treatment, and (ii) prudent risk-taking behaviour and robust risk management that support the bank's sa...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.