Falsehoods on hiring in banks not helpful, unfair to foreigners who work here and contribute to S'pore: MAS

One of the photos purportedly claiming to be taken in a DBS Bank office in Singapore was posted on Facebook. The claims were debunked by the bank, which clarified that the images were from its office in India.
One of the photos purportedly claiming to be taken in a DBS Bank office in Singapore was posted on Facebook. The claims were debunked by the bank, which clarified that the images were from its office in India.PHOTO: LIM DENNIS/FACEBOOK

Spreading falsehoods on the hiring practices of financial institutions is unhelpful and unfair to foreigners who work and contribute to Singapore, the Monetary Authority of Singapore (MAS) said yesterday.

It was responding to queries from The Straits Times on recent social media posts targeting foreign professionals at financial institutions, some of which made false claims and sought to create ill feelings against workers from certain backgrounds.

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A version of this article appeared in the print edition of The Straits Times on August 29, 2020, with the headline 'MAS: Falsehoods on hiring in banks not helpful and are unfair'. Subscribe