Our Financial Services Regulatory Co-Head Elaine Chan and Partner Chan Jia Hui recently contributed an article to the Singapore edition of Lexology Panoramic: Banking Regulation 2024.
In the article, our Partners discussed the regulatory frameworks governing the banking sector, how banks are supervised by regulatory authorities such as the Monetary Authority of Singapore (MAS),controlling interests and foreign ownership restrictions and implications, merger and acquisition regulations for Singapore-incorporated banks, capital requirements for banks, and key developments in 2023.
Click the link below to read the full article.