The Monetary Authority of Singapore’s efforts to combat scams – An update on the enhanced E-Payments User Protection Guidelines and the Guidelines on Shared Responsibility Framework (collectively, the “Guidelines) 05 Dec 2024 In this article, we highlight key aspects of the Guidelines which take effect on 16 December 2024, in particular the key duties to be imposed on financial institutions and how liability is apportioned for losses arising from unauthorised transactions. Read more here.