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Singapore – MAS publishes Enforcement monograph

The Monetary Authority of Singapore (“MAS”) has published an Enforcement monograph which outlines the approach that the MAS takes towards enforcement, the role that enforcement plays in the wider objective of financial industry oversight and the key areas of MAS’ enforcement practice and powers across the financial industry. This monograph follows the setting up of a centralised Enforcement Department in MAS in August 2016 to centralise MAS’ enforcement functions and capabilities in order to e