MAS establishes long-term corporate governance committee
New body will replace short-term councils formed every few years
The Monetary Authority of Singapore has established a corporate governance advisory committee to raise standards in the financial sector, it announced on February 12.
The Corporate Governance Advisory Committee has been set up to “uphold Singapore’s reputation as a trusted international financial centre”, the MAS said in a statement.
The new body was set up after recommendations made by the Corporate Governance Council in 2018, which called for improving standards over the long term. The
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