On 8 December 2020, the Monetary Authority of Singapore (“MAS”) issued the Guidelines on Environmental Risk Management (“Guidelines on ERM”) for asset managers, following a public consultation from June to August 2020. The Guidelines on ERM for Asset Managers set out sound environmental risk management practices that asset managers can adopt to address the impact of environmental risk and support a smooth transition to an environmentally sustainable economy.

In the slide deck below, we summarise the key features of the Guidelines on ERM for Asset Managers.

The Guidelines on ERM for Asset Managers are available on the MAS’s website, and may be accessed at the link below: https://www.mas.gov.sg/regulation/guidelines/guidelines-on-environmental-risk-management-for-asset-managers

Disclaimer: This update is provided to you for general information and should not be relied upon as legal advice. The editor and the contributing authors do not guarantee the accuracy of the contents and expressly disclaim any and all liability to any person in respect of the consequences of anything done or permitted to be done or omitted to be done wholly or partly in reliance upon the whole or any part of the contents.