Singapore has to accept risk of rogue actors to prosper as a wealth hub: Chee Hong Tat

Singapore has to accept risk of rogue actors to prosper as a wealth hub: Chee Hong Tat

The Straits Times - Sports·2026-01-09 09:12

SINGAPORE - Singapore must not lose its trusted branding as a business and wealth hub, but it is not realistic to take a zero-risk approach either, said Minister for National Development Chee Hong Tat.

Speaking at the Bank of Singapore’s 2026 outlook conference on Jan 8, Mr Chee, who is also deputy chairman of the Monetary Authority of Singapore, said there will be a chance of some rogue actors from time to time in any jurisdiction when embarking on a particular area.

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