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View Full Version : massive changes in our Monetary Act. Removal of 11 clauses.


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10-10-2023, 04:40 AM
An honorable member of the Coffee Shop Has Just Posted the Following:

https://www.sammyboy.com/attachments/img_20231010_033238_318-jpg.189778/
https://www.sammyboy.com/attachments/img_20231010_033238_314-jpg.189779/

Guys, look what I found.

Some massive changes in our Monetary Act. Removal of 11 clauses.

With this removal, it seems that MAS will have less power and transparency over financial institutions. What are they planning? Digital currencies? Will big institutions get away with more scams???

Why are they letting up on accountability?

Check this:
April 2023 Monetary Act Singapore.
https://sso.agc.gov.sg/Act/MASA1970

June 2020 Monetary Act...

Read more (https://www.sammyboy.com/threads/massive-changes-in-our-monetary-act-removal-of-11-clauses.350074/)


Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/massive-changes-in-our-monetary-act-removal-of-11-clauses.350074/).