All the latest
compliance news,
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Strengthening AML/CFT Controls
Monetary Authority of Singapore (“MAS”) on 15th of July 2020 published a guidance paper which sets out MAS’ supervisory expectations of…
September 30, 2020
SUMMARY OF RECENTLY ISSUED GUIDE TO DIGITAL TOKEN OFFERINGS
The issued guide provides for general points relating to the application of Securities Law administered by the Monetary Authority of…
August 28, 2020
Singapore Regulatory Updates 2020: Presentation Slides
Argus Global (now Waystone Compliance) hosted a discussion on Singapore Regulatory updates on 21 Jan 2020. Please go through our…
August 27, 2020
How to Setup a Singapore Fund Management Company
Singapore – Gateway to Asia Global Investors are now headed towards Asia-pacific region since it is outperforming the rest of…
August 27, 2020
Are You Prepared to Comply With MAS Environmental Risk Management Guidelines?
The Monetary Authority of Singapore (“MAS”) consulted on June 2020, on the proposed guidelines to enhance fund managers’ resilience to…
August 16, 2020
External Asset Managers in Singapore
External Asset Managers in Singapore External Asset Managers (EAM) enable clients to place their money with their choice of bank…
July 24, 2020
Singapore versus Hong Kong: Comparison Between Different Fund Management Regimes
Introduction Since the advent of the global financial crisis, Asia’s two competing international financial centers- Hong Kong and Singapore, have…
July 15, 2020
MAS Consults on Environmental Risk Management Guidelines for Financial Institutions
The Monetary Authority of Singapore (MAS) has launched a set of three consultation papers on its proposed Guidelines on Environmental…
July 15, 2020
Amendments in Accredited Investor definition- Opt in Regime- Argus Global (now Waystone Compliance)
Accredited Investor (AI) – Opt-in Regime The Securities and Futures (Amendment) Act 2017 which came into force in 2018 (hereinafter…
June 30, 2020
AML/CFT Requirements for Payment Service Firms
Regulatory Framework New Payment Services Act (“Act”) came into effect 28 January 2020. Along with the Act, the Monetary Authority…
June 4, 2020
Whistleblowing Policy
A whistle blowing policy is a policy that allows employees in an organisation to effectively speak up against any misconduct…
April 20, 2020
MAS halts local Securities Token Offering for regulatory breach
MAS halts local Securities Token Offering for regulatory breach The Monetary Authority of Singapore (MAS) halted an initial coin offering (ICO) issuer…
April 14, 2020
Updates to the MAS’ Guidelines on Individual Accountability and Conduct
Background As part of its efforts to foster sound culture and conduct in the financial sector, the Monetary Authority of…
April 14, 2020
Set Up of External Asset Managers in Singapore
External Asset Managers (EAMs), also known as Independent Asset Managers (IAMs), are growing in size in Asia; especially in Singapore.…
March 9, 2020
Corporate Financial Advisory In Singapore: A Comparison of the Regulatory Frameworks Applicable
Companies providing corporate financial advisory in Singapore are governed by the regulations under the Securities and Futures Act (SFA). In…
February 17, 2020
Overview of Singapore Payment Services Bill
Singapore Payment Services Bill- A Brief History The Monetary Authority Of Singapore (“MAS”) regulated various types of payment services under the Payment Systems…
January 30, 2020
Compliance function outsourcing saves cost and manages risk
The regulatory space is evolving and there are several ongoing requirements to be met periodically. Companies need to establish monitoring…
December 6, 2019