For the worlds biggest financial centers, the regulatory outlook
in 2017 is at its most uncertain in a decade. The fifth
annual release of the
Global Regulatory Outlook (GRO) aims to assist the global
financial services industry in navigating the key regulatory
developments for 2017.
"There is not much new on the regulatory calendar
from the Monetary Authority of Singapore (MAS) this year, but that
doesn't mean firms in Singapore won't be busy. There is
little reason to expect the regulator to be less active from an
enforcement perspective. The climate in Singapore has experienced a
sea change in the last year from which there is no going back.
There is an uncompromising push for higher standards," as Sin
Yee Koh, Director at Duff & Phelps, in the
compliance and regulatory consulting division,
explains.
