All the latest
compliance news,
articles and events
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
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…
September 16, 2019
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…
April 17, 2019
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…
March 29, 2019
Enhancements to Business Continuity and Technology Risk Management Guidelines proposed by MAS
The Monetary Authority of Singapore (MAS) released two consultation papers on proposed changes to the Technology Risk Management Guidelines and…
March 7, 2019
Singapore Tax Incentive Schemes for Fund and Fund Managers
Singapore tax incentive schemes are just some of the many reasons why the region has become a leading Asian hub…
August 26, 2018
Hedge Funds for Singapore Fund Management Companies
Fund Management Company – Singapore Series, Hedge Funds A Fund Management Company is a business in which licensed or registered…
July 12, 2018
Singapore Fund Management Company - Inception to Ongoing Fund Management Compliance
The Singapore Value Proposition For Singapore to attain the incredible trajectory it is now safely impressing on the world at…
July 1, 2018