MAS to adjust banks’ capital requirements amid Covid-19 pandemic, need for temporary relief amid Covid-19 despite sanctity of contracts: Shanmugam at
MINISTER for Law and for Home Affairs K Shanmugam in the second reading debate of the Covid-19 Bill on Tuesday stressed that the Bill provides relief only where the inability to discharge obligations is, to a material extent, caused by Covid-19.
THE Bill, which is meant to facilitate the temporary arrangements necessary for holding a safe general election while Covid-19 measures are in effect, will also allow special steps to be taken in the interest of public health during polls and vote counting.
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