HomeDIGITAL ASSETS REGULATORYsingapur_MASMs. Ho Hern Shin's Introduction at the Unveiling of MAS' Transition Planning...

Ms. Ho Hern Shin’s Introduction at the Unveiling of MAS’ Transition Planning Guidelines Consultation, October 18, 2023

Today, we are delighted to announce the launch of a consultation on MAS’ Guidelines on Transition Planning. We are encouraged to witness the immense interest in this subject from various regions of the world and different sectors of the financial industry. The impacts of climate change are becoming increasingly evident, with record-breaking events occurring more frequently. As a result, financial institutions need to proactively address the risks and opportunities associated with transitioning to a low-carbon economy. The consultation aims to gather insights and recommendations from stakeholders to enhance the guidelines and ensure their effectiveness in guiding financial institutions towards sustainable practices.

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