MAS Guidelines on Individual Accountability and Conduct (IAC)
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Individual Accountability and Conduct (IAC)
The Guidelines on Individual Accountability and Conduct (IAC Guidelines) are positioned as part of the MAS three-pronged approach towards fostering sound culture within the financial industry.
The Guidelines on Individual Accountability and Conduct aim at:
- Promoting the individual accountability of senior managers
- Strengthening oversight of employees in material risk functions
- Reinforcing standards of proper conduct among all employees
