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.