The Monetary Authority of Singapore (MAS) has issued a consultation paper proposing updates to its Guidelines on Liquidity Risk Management Practices for Fund Management Companies, aiming to clarify MAS’ expectations for how fund management companies should manage liquidity risk. The proposed updates focus on liquidity risk management practices and related disclosures in the context of investment management. Feedback is requested by 28 February 2026, with the consultation closing at 11.59pm.