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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Regulatory Compliance Updates September 2023 – APAC Region

Consultation Paper on Draft Notices on the Competency Requirements for Representatives Conducting Regulated Activities under the Financial Advisers Act and…
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How Single-Family Offices can utilise and benefit from Variable Capital Companies

The concept of a ‘family office’ does not have a fixed definition. Typically, it is conceptualised as an entity that…
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What’s Next for Singapore VCCs

Singapore has introduced an alternative fund framework for Variable Capital Companies (VCCs), in order to encourage more funds to be…
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Recent Updates to Variable Capital Companies and Single Family Offices in Singapore

The Variable Capital Company (“VCC”) framework was introduced in Singapore in 2020 with a legal structure that is designed to…
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MAS Announces New Regulatory Measures for Financial Advisors

In response to feedback received on its consultation paper, the Monetary Authority of Singapore (MAS) has unveiled a series of…
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