Regulatory Compliance Updates May 2024 – APAC Region

This APAC regulatory update includes – SFA 04-N23 Notice on Fund Data Submission Requirements for Managers of Specified Collective Investment…
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Revised reporting requirements for OTC derivative contracts

The Monetary Authority of Singapore’s (MAS) has published the revised OTC derivatives reporting requirements under the Securities and Futures (Reporting…
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Regulatory Compliance Updates April 2024 – APAC Region

This APAC regulatory update includes – PSN07 Notice on Conduct, PSN02 Notice on Prevention of Money Laundering and Countering the…
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Timeline confirmed for Singapore to repeal Registered Fund Management Companies regime

The Monetary Authority of Singapore (MAS) have announced the repeal of the regulatory regime for Registered Fund Management Companies (RFMCs)…
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Regulatory Compliance Updates March 2024 – APAC Region

This APAC regulatory update includes – Prevention of Money Laundering and Countering the Financing of Terrorism.
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Good practices for auditors of fund management companies

Auditors are a key stakeholder when promoting strong internal controls, risk management practices and business conduct by Fund Management Companies…
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Latest updates from MAS on Anti-Money Laundering - what you need to know

The Monetary Authority of Singapore (MAS) views Anti-Money Laundering (AML) as a critical component of its regulatory framework, aimed at…
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Regulatory Compliance Updates February 2024 – APAC Region

This APAC regulatory update includes – Guidelines on Licensing, Registration and Conduct of Business for Fund Management Companies.
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New location for Waystone’s Singapore operation as demand for its services continues to grow

Waystone has moved its Singapore operation to a new, central location in the heart of the financial district. In a…
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MAS responds to feedback on proposals to mandate reference checks for financial industry

The Monetary Authority of Singapore (MAS) has officially published its response to the feedback received on its proposals to mandate…
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Regulatory Compliance Updates November & December 2023 – APAC Region

This APAC regulatory update includes – Mandating of Reference Checks, Financial Review of 2023.
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MAS: update to Guidelines on Outsourcing

On 11 December 2023, the Monetary Authority of Singapore (MAS) published updated Guidelines on Outsourcing for Financial Institutions other than…
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Conversion from RFMC to LFMC – Enhanced Compliance Obligations

The Monetary Authority of Singapore (“MAS”) will be repealing the Registered Fund Management Companies (“RFMCs”) regime as of 1st August…
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Singapore VCC – benefits and lifecycle

In 2020, Singapore introduced the Variable Capital Company (VCC), an alternative fund framework, designed to encourage more funds to be…
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MAS commences revised reporting requirements for OTC derivative contracts

The Monetary Authority of Singapore’s (MAS) OTC derivatives reporting requirements under the Securities and Futures (Reporting of Derivatives Contracts) Regulations…
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Regulatory Compliance Updates October 2023 – APAC Region

Consultation paper on repeal of regulatory regime for Registered Fund Management Companies
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MAS issues Consultation Paper on repeal of regulatory regime for Registered Fund Management Companies

Overview of the RFMC regime The RFMC regime was introduced in 2012 after the Exempt Fund Manager (EFM) regime was…
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MAS issues its latest Enforcement Report

The Monetary Authority of Singapore (MAS) recently issued its 4th Enforcement Report, covering the period from January 2022 to June…
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