Monetary Authority of Singapore
Singapore extends ESG loan facility to banks, FIs
Singapore extends ESG loan facility to banks, FIs
Since being launched in April 2020 it has disbursed S$13.3b to FIs in support.
Singapore's MAS reprimands AIA FA, Prudential, Aviva FA & CEO for breach of rules
They failed to properly monitor individuals onboarded as advisors, directors.
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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. HSBC cuts dozens of analyst jobs in investment banking overhaul: report 3. Malaysia fines Maybank Islamic for info submission lapses 4. HSBC Malaysia penalized $690,000 for customer screening non-compliance 5. Malaysia fines two banks for non-compliance with AML/ CFT requirementsResource Center
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BCG’s Tushar Agarwal emphasises that transformation relies on mobilising people and understanding their motivations
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?