19 Nov 2020
As a push to strengthen culture and conduct in Financial Institutions ("FIs"), the Monetary Authority of Singapore ("MAS") has formally published the Guidelines on Individual Accountability and Conduct ("Guidelines") on 10 September 2020.
The final Guidelines are built on two rounds of consultation conducted by the MAS, once in 2018 where it issued the initial consultation paper for industry feedback, and the other in 2019 where the MAS issued its detailed response to the industry together with a second consultation paper on scope extension.
The IAC Guidelines will be effective 10 September 2021, giving FIs a one- year transitional period to implement the IAC Guidelines. Join us for this webinar session to understand more on the Guidelines and how the industry is looking to implement the Guidelines, including some of the key challenges faced by them.
By the end of the session, the audience should be able to get:
- An overall understanding of the Guidelines
- Key challenges faced by the industry
- Where the industry is at with regards to the implementation of the Guidelines
This event is free of charge
DID: 6305 5690
Guidelines on Individual Accountability and Conduct
Denise Lim (Risk and Regulatory Partner, PwC's Risk Assurance Practice) Raksha Maheshwari (Risk and Regulatory Manager, PwC's Risk Assurance Practice)
Introduction and Objectives
Overview of the Guidelines
Outcomes required by the Guidelines
End of session