Weekly Digest: GPIF invests via gender diversity index; MAS denies directive on wealth inflow origins

TOP NEWS OF THE WEEK Monetary Authority of Singapore (MAS) has denied the claims made by an April 14 story in Financial Times, and said it has not issued any directive to banks – tacit or otherwise – to avoid discussing the origins of wealth inflows in Singapore. The official statement came from the Private Banking Industry Group, which is co-chaired by MAS and UBS. “At its most recent meeting on 20 February 2023, the PBIG noted that while public commentary tended to focus on …