MAS Issues Response to Feedback From Consultation Paper on Proposed Credit Bureau Regulatory Framework and Credit Bureau Bill.

The article discusses the Monetary Authority of Singapore (MAS) and its issuance of a Response in 2015 to the feedback that the agency received from MAS' "Consultation Paper on Proposed Credit Bureau Regulatory Framework and Credit Bureau Bill." The efforts to strengthen oversight of the Credit Bureau (Singapore) Pte Ltd. and DP Credit Bureau Pte Ltd. businesses in Singapore are examined, along with Singapore's Banking Act and supervisory power over licensed credit bureaus.