Resolution regimes and the ‘Living Will’ challenge in Singapore – Can you get ahead?

Several days ago, the Monetary Authority of Singapore (MAS) issued a consultation paper (CP) dated 23 June 2015 on enhancing the resolution regime for financial institutions (FIs) in Singapore. These proposals consider global developments, including the Financial Stability Board’s (FSB) Key Attributes of Effective Resolution Regimes for Financial Institutions. We consider the impact of these proposals.

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