February 13, 2018 BY Valentina Kirilova

MAS releases Guidelines to protect users of electronic payments

The Monetary Authority of Singapore (MAS) informed that it has today launched a public consultation on proposed guidelines to protect users of electronic payments (e-payments). The proposed E-payments User Protection Guidelines aim to encourage wider adoption of e-payments by setting standards on the responsibilities of financial institutions and e-payment users. Under the new Guidelines, individuals…

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