Incentive Structures in the Banking Industry – Fostering Sound Behaviour and Conduct
MAS conducted a series of thematic inspections on incentive structures of selected banks in 2018 to assess how banks’ incentive structures were aligned with prudent risk-taking and ethical behaviour. This information paper highlights good practices and illustrative examples observed from the inspections. It also sets out the desired outcomes relating to incentive structures that MAS expects to see in banks.
Related Publications
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Monographs/Information PapersPublished Date: 11 September 2026
MAS' Approach to Resolution of Financial Institutions in Singapore
This Monograph explains MAS’ role as resolution authority and approach towards resolving financial institutions under MAS’ purview.
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Monographs/Information PapersPublished Date: 12 August 2026
Information Paper on Culture Capabilities for Effective Remediation and Sustainable Change
The information paper sets out supervisory observations on four culture capabilities that have been associated with more effective remediation of serious risk events and lower likelihood of recurrence. The capabilities can also be applied pre-emptively before risk events occur.
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Monographs/Information PapersPublished Date: 03 July 2026
Safeguards for Agentic Finance at Runtime (SAFR)
Safeguards for Agentic Finance at Runtime (SAFR) proposes a framework for the governance of AI agents in financial services, defining how agent actions are authorised, how human oversight is activated, and what is recorded at the point of every decision. The paper also discusses implementation considerations for...