Regulatory Compliance Is Becoming a Strategic Weapon in Singapore's Financial Sector

Source: International Business Times

Rajiv Premkumar Across financial markets, supervision is becoming more rigorous, with authorities paying closer attention to how firms make decisions, manage risk and respond when their business changes. The old comfort of relying solely on having the right documents in place is becoming increasingly difficult to justify as regulators accumulate more information about how firms behave after approval. Singapore offers a particularly sharp example of this change.