Archive
Singapore’s National Risk Assessment (NRA) pertaining to prevalent Money Laundering (ML) & Terrorism Financing (TF) risks was recently updated. The updated NRA covers threats and vulnerabilities in Singapore which evolved
There have been an array of new circulars, guidelines and announcements from the Monetary Authority of Singapore (MAS) recently, relating to the improvement of Anti-Money Laundering/ Countering the Financing of
In the wake of the recent global IT outage affecting CrowdStrike (CS) from a periodic software update, Financial Institutions worldwide and in Singapore are reassessing the critical importance of robust
Outcome from the Guidelines on Fair Dealing — Board and Senior Management Responsibilities for Delivering Fair Dealing Outcomes to Customers: Outcome 1: Customers have confidence that they deal with financial
On the 23rd of February 2024, the Monetary Authority of Singapore (MAS) has revised its Guidelines on Licensing and Business Conduct for Fund Management Companies [SFA 04-G05]. This guideline provides
Following on to the MAS’ decision to repeal the RFMC regime in the middle of 2024, it is crucial for Registered Fund Management Companies (RFMC) to take note of the