Authors: Evan Lam, Peiying Chua Heikes

MAS’ Information Paper on Governance and Risk Management of Commodity Financing

We are pleased to share the latest updates from the MAS' information paper on the governance and risk management of commodity financing (CF), which details the MAS’s observations and supervisory expectations from thematic inspections conducted on selected banks in 2024. These inspections evaluated the effectiveness of banks’ governance and risk management in their CF activities, focusing particularly on lending standards and practices in the oil and gas sector.