Interpreting Credit Reports to Assess One’s Financial Soundness under the MAS’ Guidelines on Fit and Proper Criteria
In accordance to the Guidelines on Fit and Proper Criteria recently updated by the MAS, all financial institutions are required to reasonably ensure that their employees meet the fit and proper criteria, of which one is financial soundness.
As the Credit Bureau (Singapore) Pte Ltd (“CBS”) hosts full credit data from all retail banks and major financial institutions, its credit data can be translated into a snapshot of one’s credit worthiness, thereby determining one’s financial soundness.
In the Talk, CBS representatives will discuss how to interpret credit data to assess one’s financial soundness, as well as to identify red flags on a credit report. You will also find out how to obtain credit reports for your representatives from the CBS, and have all your queries answered at the Talk.
So, join us and register your attendance now!
Date: Wednesday, 29 June 2011
Time: 12.00pm to 2.00pm
Venue: Thomson Reuters Auditorium, One Raffles Quay, #28-01 North Tower, Singapore 048583
Fee: Free (Registration is required for attendance only)
A light lunch will be provided at 12.00pm. The Talk will start promptly at 12.30pm.
If you would like to attend this IMAS Lunchtime Talk, please register with us at: replies@imas.org.sg.
As seating is limited, we will confirm registration on a “first come, first serve” basis.
We look forward to your attendance.
With warmest regards,
IMAS Secretariat
One Phillip Street #10-02
Singapore 048692
Tel No. 65 6223 9353
Fax No. 65 6223 9352
www.imas.org.sg
