Singapore associations publish sustainable wealth guidelines

Funds Global Asia | Oct 18, 2022 at 2:00 AM
  • A number of trade associations, industry bodies and regulators in Singapore have published guidelines designed to promote sustainability among private banks and wealth managers.
  • The Association of Banks in Singapore has launched the Sustainable Private Banking and Wealth Management guidelines designed to help firms integrate sustainable practices into their business models.
  • The Private Banking Industry Group (PBIG) Sustainability Taskforce has collaborated with the Institute of Banking and Finance Singapore and industry regulator the Monetary Authority of Singapore, to develop a standardised benchmark for training staff in sustainability practices.