MAS seeks oversight of credit bureaus

mas

The Monetary Authority of Singapore (MAS) is making plans to take over the formal oversight of credit bureaus in the Lion City, shortly after it unveiled plans to supervise virtual currency intermediaries. The move also follows the decision by MAS to announce it was taking "appropriate supervisory actions" over the theft of bank statement details from Standard Chartered.

The central bank, which also acts as the city state's financial regulator, today published a consultation document detailing i

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