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Risk Management Singapore Financial Institutions

K&L Gates LLP

Combatting Scams in Australia, Singapore, China and Hong Kong

K&L Gates LLP on

The increased reliance on digital communication and online banking has created greater potential for digitally-enabled scams. If not appropriately addressed, scam losses may undermine confidence in digital systems, resulting...more

K&L Gates LLP

Managing Artificial Intelligence: The Monetary Authority of Singapore's Recommendations on AI Model Risk Management

K&L Gates LLP on

Introduction and Background - On 5 December 2024, as part of the Monetary Authority of Singapore’s (MAS) incremental efforts to ensure responsible use of artificial intelligence (AI) in Singapore’s financial sector, MAS...more

Latham & Watkins LLP

Singapore: MAS Revises Technology Risk Management Guidelines

Latham & Watkins LLP on

The guidelines aim to promote the adoption of robust practices for managing technology risks in the financial sector. On 18 January 2021, the Monetary Authority of Singapore (the MAS) issued revised guidelines (the...more

A&O Shearman

Singapore: Banks, asset managers and insurers to implement Monetary Authority of Singapore's (MAS) ESG Guidelines

A&O Shearman on

Banks, asset managers and insurers have 18 months to introduce and implement environmental risk management practices in accordance with new Guidelines on Environmental Risk Management. The Guidelines were issued by the...more

Latham & Watkins LLP

Key Regulatory Developments in Hong Kong and Singapore: June 2020

Latham & Watkins LLP on

Regulators seek to expand market connectivity for wealth management products and enhance financial institutions’ environmental risk management. This blog post summarises key regulatory developments in Hong Kong and...more

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