"Assoc'n of Banks in #Singapore & te major banks r currently develop'g #industry #guidelines to better #protect #elderly clients fr being abused fin'ly by their loved ones, such as their children & oth family members.. efforts to strengthen #safeguards come amid an #ageing population & instances of seniors being fin'ly abused by “trusted parties”.. wld be progressively implemented fr 2Q2026"🧐
https://www.straitstimes.com/singapore/spore-banks-develop-guidelines-to-protect-seniors-from-financial-abuse-by-loved-ones



