There is no doubt that the recent findings have made a dent in our reputation as a clean and trusted financial centre, mAS is determined to fix the problem, working together with the industry. Ravi Menon More Quotes by Ravi Menon More Quotes From Ravi Menon It is neither realistic nor desirable to expect the MAS to police every single transaction or activity in our financial markets, the responsibility lies with every FI (financial institution) to instil high standards of risk management and proper conduct at all levels. Ravi Menon business BSI Bank is the worst case of control lapses and gross misconduct that we have seen in the Singapore financial sector. Ravi Menon business