Separation of Financial and Non-Financial Activities of Banking Groups
Hsien Loong Lee
Chapter 25 in Resilience, Dynamism, Trust:50 Landmark Statements by MAS Leaders, 2021, pp 249-262 from World Scientific Publishing Co. Pte. Ltd.
Abstract:
The following sections are included:IntroductionSeparation of Financial and Non-Financial ActivitiesPractice in Other CountriesExisting Structures of Singapore BanksNew StructureOwnershipCross-ShareholdingManagementName-SharingScope of Permitted ActivitiesInvestments Made by Insurance FundsTime Frame and Potential ImpactTax Treatment for DivestmentConclusion
Keywords: Monetary Authority of Singapore; Central Banks; Singapore; Monetary Policy; Fintech (search for similar items in EconPapers)
JEL-codes: E44 E5 E58 E6 F45 (search for similar items in EconPapers)
Date: 2021
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