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

Politicians love comparing NZ’s economy to Singapore or Ireland – but it’s simplistic and misleading

  • dotlah.com
  • September 21, 2025
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


Trending
  • goswifties_typewriter_20240510_wm 1
    • Featured
    From Keys To Progress. How The Typewriter Revolutionised Communication And Empowered Society.
    • May 14, 2024
  • 2
    • Lah!
    Singapore’s GDP Growth Expected To Be At 0%-1% For 2019
    • August 13, 2019
  • dont-panic-pexels-anna-tarazevich-5939142 3
    • Features
    • People
    How To Help People If They’re Having Panic Attacks
    • April 9, 2022
  • 4
    • Cities
    • Lah!
    COVID-19 And Its Impact On Global Aviation Capacity
    • June 9, 2020
  • 5
    • Cities
    • Lah!
    Project Wolbachia-Singapore Suppresses Aedes Aegypti Mosquito Population And Reduces Dengue Cases At Release Sites
    • July 7, 2021
  • 6
    • Lah!
    Designing Sustainable Seascapes For New Coasts
    • August 30, 2019
  • running men 7
    • Cities
    How Running In The City Differs From Trails
    • November 6, 2020
  • 8
    • Lah!
    Singapore Expands IP Collaborations With Japan, China And Russia
    • November 14, 2019
  • Under privatisation, Ukraine came to have a 90% owner-occupancy rate | (c) Sergiy Serdyuk / Alamy Stock Photo. All rights reserved 9
    • Cities
    • World Events
    The war in Ukraine has caused a housing crisis. Here’s how to combat it
    • May 2, 2022
  • 10
    • Cities
    • Society
    Grab And National Private Hire Vehicles Association To Jointly Provide Training Courses For Driver-Partners
    • February 8, 2020
  • 11
    • Lah!
    Singapore and New Zealand Sign Formal Arrangement to Further Cybersecurity Cooperation
    • May 22, 2019
  • 12
    • Science
    From Sky Charts To Atomic Clocks, Time Is A Mysterious Story That Humans Keep Inventing
    • December 16, 2019
Trending
  • 2025 Laptop Buyer’s Guide: Best Value and Performance Picks 1
    2025 Laptop Buyer’s Guide: Best Value and Performance Picks
    • October 28, 2025
  • 2
    Why climate summits fail – and three ways to save them
    • October 21, 2025
  • Bluetooth speakers 3
    Best Bluetooth Speakers Under $200 (2025 Edition)
    • October 16, 2025
  • 4
    Apple Vision Pro upgraded with the powerful M5 chip and comfortable Dual Knit Band
    • October 15, 2025
  • 5
    Apple unveils new 14‑inch MacBook Pro powered by the M5 chip, delivering the next big leap in AI for the Mac
    • October 15, 2025
  • 6
    Apple introduces the powerful new iPad Pro with the M5 chip
    • October 15, 2025
  • 7
    Singapore’s national identity excludes those who don’t look like a ‘regular family’
    • October 9, 2025
  • Smart Watch 8
    Best Smartwatches, Your Gateway to Health Monitoring and Everyday Use
    • October 5, 2025
  • Cooking pots and pans 9
    Best Pots and Pans 2025: All-Season, All-Purpose Picks for Every Kitchen
    • September 23, 2025
  • 10
    Politicians love comparing NZ’s economy to Singapore or Ireland – but it’s simplistic and misleading
    • September 21, 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.