dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Cities

MAS Tells Financial Institutions To Adopt Safe Distancing Measures

  • March 25, 2020
Total
0
Shares
0
0
0

The Monetary Authority of Singapore (MAS) issued an advisory to all financial institutions (FIs) in Singapore, telling them to implement safe distancing measures in all aspects of their business operations, especially customer touch points.  This is part of the national effort to reduce the risk of further local transmission of COVID-19.

FIs were asked to strengthen their measures to meet the latest advisory from MAS, as well as the relevant guidance issued by the Ministry of Health, the Ministry of Manpower and Enterprise Singapore. This will help to safeguard the health of customers and ensure the financial sector’s continued operational resilience during the COVID-19 outbreak.

Reduce Traffic at Customer Facing Locations

To reduce traffic at customer facing locations (e.g. bank branches, customer service centres, etc), FIs should actively encourage all customers to use electronic platforms for financial transactions, where available (e.g. internet or mobile banking such as PayNow and PayNow Corporate and other e-payment services).

Other key measures that FIs should adopt at customer facing locations include:

a) limiting the number of people waiting at the premises and ensuring a separation of at least one metre between customers;

b) prioritising service to vulnerable customers, such as the elderly or pregnant women, to reduce their time spent at these locations; and

c) collecting details of visitors for contact tracing purposes.

Cancel or Defer All Physical Events

FIs should cancel or defer all non-critical events such as marketing and promotional roadshows, as well as investment or education seminars.

Promote Safer Workplace

To safeguard the health of employees and ensure business continuity, FIs should adopt safe distancing measures at workplaces, including:

a) arrangements to allow employees to work from home, or at another location, where possible;

b) wider physical spacing of at least one metre between staff at workstations, meeting rooms or other common areas; and

c) staggering of start times for work and lunch hours to avoid congestion at building entrances and lift lobbies.

MAS will continue to work closely with the industry to ensure that Singapore’s financial sector remains resilient and contributes to the national effort against COVID-19.

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • Coronavirus
  • COVID-19
  • MAS
  • Monetary Authority of Singapore
  • Safe Distancing
dotlah.com

Previous Article
  • Cities
  • Lah!

All Travellers Arriving In Singapore From 27 March 2020, 0900 Hours, Must Submit Health Declaration Via The SG Arrival Card E-Service

  • March 25, 2020
View Post
Next Article
  • Cities

Singapore Airlines Makes Significant Capacity Cuts And Grounds Aircraft

  • March 25, 2020
View Post
You May Also Like
View Post
  • Cities
  • Technology

Meralco PowerGen’s PacificLight starts up 100 MW fast-response plant in Singapore

  • dotlah.com
  • June 20, 2025
View Post
  • Cities

Renewable energy, carbon credits are priority areas of cooperation for Singapore, Philippines: Lawrence Wong

  • dotlah.com
  • June 4, 2025
View Post
  • Cities
  • Politics

Singapore businesses eye more investments in PH, says PM Wong

  • Dean Marc
  • June 4, 2025
View Post
  • Cities
  • Research

Mathematicians uncover the logic behind how people walk in crowds

  • dotlah.com
  • April 3, 2025
“Toyota Woven City,” a Test Course for Mobility, Completes Phase 1 Construction and Prepares for Launch
View Post
  • Cities
  • Technology

“Toyota Woven City,” a Test Course for Mobility, Completes Phase 1 Construction and Prepares for Launch

  • John Francis
  • January 6, 2025
View Post
  • Cities

Popes were once confined to Rome. Now they travel the world – and Francis’ current journey is particularly significant

  • dotlah.com
  • September 13, 2024
Singapore
View Post
  • Cities
  • Economy

South Africa’s new pension rules: Australia, Chile and Singapore show how personal savings can grow the economy

  • dotlah.com
  • August 30, 2024
Singapore
View Post
  • Artificial Intelligence
  • Cities
  • Technology

These 5 cities are making innovative use of generative AI

  • dotlah.com
  • July 29, 2024


Trending
  • 1
    • Cities
    • Politics
    Israel-Palestinian Conflict: Is The Two-State Solution Now Dead?
    • February 7, 2024
  • White sofas with curtains blowing 2
    • Cities
    A City Dweller’s Guide To Loft Spaces
    • April 27, 2021
  • 3
    • Technology
    Why Are Scientists So Excited About A Recently Claimed Quantum Computing Milestone?
    • October 1, 2019
  • 4
    • Cities
    DBS Named World’s Safest Commercial Bank
    • September 19, 2021
  • 5
    • Lah!
    Singapore Tops World Competitiveness Ranking For 2020
    • June 25, 2020
  • 6
    • Cities
    Reduction Of Toll Charges At Woodlands And Tuas Checkpoints
    • February 11, 2020
  • 7
    • Cities
    • Lah!
    MPA Launches Notation For Singapore Registry Of Ships (SRS)
    • October 9, 2021
  • Fashion. Fashion walk. 8
    • Cities
    • Features
    French Chic. An intro to Parisian Fashion.
    • May 10, 2024
  • 9
    • Lah!
    • Technology
    Singapore And Apple Partner On National Health Initiative Using Apple Watch
    • September 16, 2020
  • 10
    • Cities
    • Lah!
    • Science
    • Technology
    Preparing For Future Pandemics With Hi-Tech Lab
    • July 6, 2021
  • 11
    • Science
    ​NTU Scientists Transform Ultra-tough Pollen Into Flexible Material
    • March 24, 2020
  • 12
    • Cities
    Sembcorp Industries Supports Vietnam’s Battle Against COVID-19 With S$1 Million Pledge
    • September 19, 2021
Trending
  • Kitchen Knives - Best All-Around Picks in 2025 1
    Kitchen Knives : The Surgeons of Cooking – Best All-Around Picks in 2025
    • September 15, 2025
  • 2
    Apple unveils iPhone 17 Pro and iPhone 17 Pro Max, the most powerful and advanced Pro models ever
    • September 9, 2025
  • 3
    Apple debuts iPhone 17
    • September 9, 2025
  • Fruits and vegetables for cooking. For food processors. 4
    Food Processor: The Swiss Army Knife of the Kitchen – Best All-Around Picks in 2025
    • September 8, 2025
  • 5
    Meet Samsung Galaxy Tab S11 Series: Packing Everything You Expect From a Premium Tablet
    • September 4, 2025
  • 6
    Malaysia’s ‘ASEAN Shenzhen’ needs some significant legal reform to take off — here’s how
    • August 25, 2025
  • French Fries 7
    Air Fryer: The One Cooking Appliance to Rule Them All – Best All-Around Picks in 2025
    • August 22, 2025
  • 8
    Samsung Electronics Debuts Odyssey G7 Monitors, Showcasing Top Games on Its Displays at Gamescom 2025
    • August 20, 2025
  • 9
    HP Cranks Up the Game with Smarter Systems, Cooler Builds, and Gear That Hits Different
    • August 14, 2025
  • 10
    New Trump tariffs: early modelling shows most economies lose – the US more than many
    • August 6, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.