All the latest
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Proposed Rule Change to Increase the National Securities Clearing Corporation Minimum Required Fund Deposit
June 22nd | 2021 The National Securities Clearing Corporation (“NSCC”) recently proposed rule change to increase the minimum Required Fund…
June 22, 2021
FINRA Eliminates the Order Audit Trail System (OATS) Rules
June 22nd | 2021 FINRA recently announced September 1, 2021 as the effective date for the elimination of the Order…
June 22, 2021
The Monetary Authority of Singapore Reprimands AIA Financial Advisers, Prudential, and Two Aviva Entities
On 15th June 2021, Monetary Authority of Singapore (MAS) reprimanded several large financial institutions in the insurance and financial advisory…
June 17, 2021
Argus Global comes together with Waystone
Argus Global is delighted to announce that it has come together with Waystone to form Waystone Compliance Solutions together with…
June 17, 2021
Waystone Creates Global Compliance Offering
Leader in fund governance and compliance solutions creates new, global businessLONDON, 16 June 2021 Waystone, the leading, global governance and…
June 16, 2021
Regulatory Update: Middle East Edition - May 2021
This edition includes - Launch of DIFC FinTech Accelerator 2021, FSRA Issues a Dear SEO/MLRO/RP Letter regarding CTF and CBB…
June 15, 2021
SEC Approves FINRA Changes to Rule 5122 and FINRA Rule 5123
June 15th | 2021 On June 9, 2021, the SEC approved FINRA’s proposal to amend FINRA Rule 5122 ("Private Placements…
June 14, 2021
Cayman Islands Monetary Authority Guidance on The Appointment, Duties, and Responsibilities of Anti-Money Laundering Officers
June 9th | 2021 The Cayman Islands Monetary Authority recently issued a reminder regarding the duties and responsibilities of Anti-Money…
June 9, 2021
FINRA Requests Comment on Short Interest Position Reporting Enhancements
June 9th | 2021FINRA is requesting comment on potential enhancements to its short sale reporting program. Pursuant to FINRA Rule…
June 9, 2021
The Monetary Authority of Singapore proposes to mandate reference checks
The Monetary Authority of Singapore (“MAS”) released a consultation paper on 17 May 2021 inviting the public to comment on…
June 8, 2021
Consolidated Audit Proposed Funding Model
May 26th | 2021 The comment period on a revised funding model (“Proposed Funding Model”) for the consolidated audit trail…
May 26, 2021
NFA Compliance Rules 2-9 and 2-36: Members' Use of Third-Party Service Providers
May 26th | 2021 On March 24, 2021, the National Futures Association (“NFA”) provided Notice to Members requiring each Member…
May 26, 2021
CFTC Staff Publishes Updated Responses to FAQs Regarding Commission Regulation 4.27 and Form CPO-PQR
May 26th | 2021 The CFTC recently updated its FAQs regarding CFTC Regulation 4.27 and Form CPO-PQR. There are no…
May 26, 2021
Revised Technology Risk Management Guidelines
On 18 January 2021, the Monetary Authority of Singapore (MAS) released a revised Technology Risk Management Guidelines to address an…
January 22, 2021
MAS to enhance enforcement actions against market abuse and financial misconduct
In its Enforcement Report published today, the Monetary Authority of Singapore (MAS) has detailed several actions against financial institutions (FIs)…
November 5, 2020
Financial Advisors – Balanced Scorecard Requirements
Monetary Authority of Singapore (“MAS”) issued Notice FAA-N02 Requirements for the Remuneration Framework for Representatives and Supervisors (“Balanced Scorecard Framework”)…
November 3, 2020
Licensing and Compliance Requirements for Precious Metal Dealers
In late 2019, Ministry of Law (“Minlaw”) reminded all precious metal dealers to register their business with the Registrar of…
October 27, 2020
Guidelines on Individual Accountability and Conduct
On 10 September 2020, the MAS released the Guidelines on Individual Accountability and Conduct (“Individual Accountability Guidelines”) which lists down…
October 15, 2020