Regulatory Alerts2025-05-14
Consultation Paper on the Statutory Instruments proposed to be re-issued under the supervisory laws (April 2021)
The Monetary Authority of Singapore issued a consultation paper in April 2021 proposing the re-issuance of various statutory instruments under its supervisory laws to consolidate and modernize the regulatory framework. The proposal aims to improve the accessibility and usability of the laws by grouping related instruments and updating formatting and terminology, while ensuring that the substantive legal requirements and regulatory standards remain unchanged. The Authority invited public feedback on the proposed re-issuance to ensure the clarity and effectiveness of the consolidated regulatory texts.
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