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…
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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…
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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…
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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…
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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…
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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…
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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…
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Whistleblowing Policy

A whistle blowing policy is a policy that allows employees in an organisation to effectively speak up against any misconduct…
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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…
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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…
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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.…
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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…
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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…
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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…
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Variable Capital Company Act: Key Requirements

The Variable Capital Company Act is a new corporate structure that can be used for a wide range of investment…
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Argus (now Waystone Compliance) Participation in Financial Services Event-Venture Capital Fund Management

Financial Services Event On the 25th of October 2018, Argus Global (now Waystone Compliance), Director of Compliance, Rajiv Premkumar was invited to…
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Regulations for Money-Changing or Remittance Business in Singapore

Money-changing or remittance businesses are licensed and regulated under the Money-Changing and Remittance Businesses Act 1979 (MCRBA). Money-changing involves the…
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