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Navigating AML/CFT Controls: Establishing Sources of Wealth

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

Business Continuity Management: The Increased Reliance of IT Services amongst Financial Institutions

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

Fair Dealings: Revised Guidelines by the Monetary Authority of Singapore

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

“Update Feb 2024- Navigating Change: MAS Updates Guidelines on Licensing and Business Conduct for Fund Management Companies”

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

Key Timelines for the Repeal of the RFMC regime

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

Singapore’s Move to Streamline Fund Management Regulations: A Response to Consultation on Repeal of Regulatory Regime for Registered Fund Management Companies (“the Consultation”).

The Consultation is aimed to address the current disparity between the Registered Fund Management Companies (“RFMC”) and Capital Market Services License (“CMS”) holders for Fund Management (“LFMC”), and to effectively