Review of anti-commingling framework for banks in Singapore

The Monetary Authority of Singapore (the “MAS”) recently issued a consultation paper on its review of the anti-commingling framework for banks. The MAS’ review recognises how the banking landscape has significantly evolved since the anti-commingling framework was first implemented.

Recent technological advancements have disrupted traditional business models of banking and created new opportunities for the provision of financial services, which should be reflected in the anti-commingling framework for banks in Singapore. 

Read more on our review of anti-commingling framework for banks in Singapore.