The General Counsels Office
oversees all legal matters in MAS. Last year, it dealt with
over 2,800 queries for legal advice from the other departments
of MAS and completed the legislative programme to four Acts,
as well other regulations, notices, directions and guidelines
under MAS purview. The inaugural issue of the Legal Bulletin
was published to keep MAS officers abreast of significant legal
issues affecting the financial services sector.
Enhancing Risk-focused Supervisory Approach
Box 1 Fostering a Sound and Progressive
Financial Services Sector