Financial Systems provide structure and stability to the economy—both regional and global. This is why it is so important that proper guidelines are put in place to further strengthen these financial systems.
But what happens when new guidelines are put into place in a single country? Do countries in the region follow suit and change their guidelines to match, or do they wait and see how effective the guidelines are?
Let’s take a closer look at what guidelines put in place by the Monetary Authority of Singapore mean in Singapore and beyond.
Guest post by Lisa Chow, Market development, HP Software