Disclosures on 1MDB probes were timely, relevant, and adequate

WE REFER to the commentary by Tan Chong Huat and Chan Yuet Ann, 1MDB saga: What the public needs to know (BT, April 18, 2019) as well as Arjuna Mahendran's letter, European approach is not in Singapore's wider interests (BT, April 23, 2019).

Mr Tan and Ms Chan suggested that the Monetary Authority of Singapore (MAS) should disclose more on regulatory matters while investigations are ongoing. Mr Mahendran, however, had reservations with this approach.

MAS has made timely, relevant, and adequate disclosures of its regulatory findings and actions relating to the 1MDB investigations.