Financial institutions allowed more on-site staff from June 2: MAS

Singapore

THE Monetary Authority of Singapore (MAS) will allow financial institutions (FIs) here to reopen more customer-service locations under the first phase of the lifting of circuit-breaker measures on June 2.

FIs will be allowed to have more onsite staff to meet increased customer needs as some businesses reopen, as well as to serve customers using both online and offline channels more efficiently, said MAS in a statement on Tuesday night.