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 Singapore
https://sso.agc.gov.sg/Act/MASA1970/Historical/20220630?DocDate=20220511&ValidDate=20220630#
As a citizen, I'm not consenting to this. I wonder what checks and balances did they pass through.
Share your thoughts.
Iris Koh
t.me/healingthedivide
