Regulatory Alerts2015-07-28
Added · Updated
Bogus Voice Message Phone Calls
The Monetary Authority of Singapore issued this circular to warn consumers about fraudulent voice message phone calls designed to steal personal and financial information. It requires financial institutions to implement robust fraud risk management measures and enhance consumer protection protocols to mitigate operational risks associated with such scams. The document emphasizes the need for banks to educate customers on identifying these bogus messages and to report suspicious activities promptly.
CIR
Current
Issue Date:
28 Jul 2015
20150728-1-EN.pdf (83.7 KB)
Topic:
Banking Conduct & Enforcement - Consumer Protection
Operational Risk Management - Fraud risk management
Group:
Specific
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Directly related Document
Cross referenced Document
Version History
Superseded Document
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