Key Takeaways From MAS Information Paper on AML/CFT For External Asset Managers

The Monetary Authority of Singapore (MAS) has issued an information paper setting out MAS’ supervisory expectations of effective anti-money laundering…
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Regulatory Compliance Updates July 2022 – APAC Region

28 July 2022 - CFC 02/2022 Disclosure and Reporting Guidelines for Retail ESG Funds This Circular sets out MAS’ expectations…
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The latest MAS enforcement actions

The Monetary Authority of Singapore has taken action against individuals for conducting regulated activities in Singapore without holding appropriate licenses.
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Regulatory Updates June 2022

30 June 2022 - Implementation of fairness principles in financial institutions' use of artificial intelligence/machine learning MAS conducted a thematic…
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The latest MAS compliance requirements: How Waystone can help

With MAS compliance requirements becoming more complex, many firms find it more efficient to outsource their compliance needs.
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Financial Advisers Complaints Handling and Resolution (CHR) Regulations 2021

On 30 November 2021, The Monetary Authority of Singapore (“MAS”) published in the Government Gazette the new Financial Advisers (Complaints…
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MAS revised Business Continuity Management Guidelines

On 6 June 2022, The Monetary Authority of Singapore (MAS) released the revised Business Continuity Management Guidelines (BCM Guidelines).
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Regulatory Compliance Updates May 2022 – APAC Region

31 May 2022 - Information papers on environmental risk management The information papers on environmental risk management for banks, insurers…
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MAS consults on revised misconduct reporting for financial institutions

On April 2022, the Monetary Authority of Singapore (MAS) issued a Consultation Paper on Revised Notices on Misconduct Reporting Requirements…
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Regulatory Updates April 2022

28 April 2022 - Strengthening AML/CFT name screening practices MAS conducted thematic inspections on the AML/CFT name screening frameworks and…
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MAS provides an update on major investigations and highlights enforcement outcomes

The Monetary Authority of Singapore (MAS) recently provided an update on major investigations pertaining to high-profile cases in Singapore.
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MAS paper on strengthening AML/CFT name screening practices

The Monetary Authority of Singapore (“MAS”) has released an information paper after conducting a thematic review on financial institutions in…
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APAC Regulatory Updates March 2022

This APAC regulatory update covers the following areas: Consultation Paper on Draft Public Disclosure Requirements for Regulatory Capital  Publication of…
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MAS issues new sanctions in relation to Russia

On 5 March, the Ministry of Foreign Affairs Singapore released details of Singapore’s new sanctions against Russia in response to…
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Singapore issues sanctions and restrictions against Russia

On 5 March, the Ministry of Foreign Affairs Singapore released details of Singapore’s new sanctions against Russia in response to…
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Regulatory Updates February 2022

24 February 2022 - MAS issues Prohibition Order against Zeng Xuan for fraudulent and dishonest conduct MAS issued a five-year…
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MAS issues a circular on non-face-to-face customer due diligence measures

The Monetary Authority of Singapore (“MAS”) has issued a circular on non-face-to-face Customer Due Diligence (“CDD”) measures.
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Regulatory Updates January 2022

Our APAC team provides a monthly review of a wide range of Singapore regulatory compliance matters including, news, guidelines and…
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