- Proposed MAS Guidelines on Individual Accountability Conduct Lunchtime Briefing
July 10, 2019
On 17 July 2019, SVCA held a lunchtime update on the proposed MAS Guidelines on Individual Accountability and Conduct (IAC) which will apply across the financial industry. These Guidelines aim to promote the individual accountability of senior managers, strengthen oversight of material risk personnel, and reinforce standards of proper conduct among all employees.
Han Ming Ho, partner and Co-leader of the Asia Investment Funds Practice, and Josephine Law, Counsel at Sidley Austin, gave a comprehensive update on the progression of the proposed MAS Guidelines on IAC and how it will affect the private equity and venture capital industry. Comparisons were also made with Hong Kong’s Manager-in-Charge (MIC) framework.
The lunchtime update was well attended and had lively discussions and networking opportunities between the attendees.
SVCA thanks all of our attendees and Sidley Austin LLP for their invaluable participation and contribution.
Event pictures of the lunchtime update, please click here.