All the latest
compliance news,
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Strengthening AML/CFT Controls of Digital Payment Token (DPT) Providers
The Monetary Authority of Singapore (MAS) recently released an infographic setting out recent international developments and MAS’ supervisory expectations on…
April 19, 2021
Peer to Peer Lending/ Crowdfunding Requirements in Singapore
Crowdfunding generally refers to capital-raising approach that seeks to raise funds from a large number of individuals. Typically, funds are…
February 8, 2021
Revised Technology Risk Management Guidelines
On 18 January 2021, the Monetary Authority of Singapore (MAS) released a revised Technology Risk Management Guidelines to address an…
January 22, 2021
MAS to enhance enforcement actions against market abuse and financial misconduct
In its Enforcement Report published today, the Monetary Authority of Singapore (MAS) has detailed several actions against financial institutions (FIs)…
November 5, 2020
Financial Advisors – Balanced Scorecard Requirements
Monetary Authority of Singapore (“MAS”) issued Notice FAA-N02 Requirements for the Remuneration Framework for Representatives and Supervisors (“Balanced Scorecard Framework”)…
November 3, 2020
Licensing and Compliance Requirements for Precious Metal Dealers
In late 2019, Ministry of Law (“Minlaw”) reminded all precious metal dealers to register their business with the Registrar of…
October 27, 2020
Guidelines on Individual Accountability and Conduct
On 10 September 2020, the MAS released the Guidelines on Individual Accountability and Conduct (“Individual Accountability Guidelines”) which lists down…
October 15, 2020
Strengthening AML/CFT Controls
Monetary Authority of Singapore (“MAS”) on 15th of July 2020 published a guidance paper which sets out MAS’ supervisory expectations of…
September 30, 2020
SUMMARY OF RECENTLY ISSUED GUIDE TO DIGITAL TOKEN OFFERINGS
The issued guide provides for general points relating to the application of Securities Law administered by the Monetary Authority of…
August 28, 2020
Singapore Regulatory Updates 2020: Presentation Slides
Argus Global (now Waystone Compliance) hosted a discussion on Singapore Regulatory updates on 21 Jan 2020. Please go through our…
August 27, 2020
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…
August 27, 2020
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…
July 24, 2020
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…
July 15, 2020
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
Outsourcing by Fund Management Companies in Singapore
Fund Management Companies in Singapore Outsourcing an arrangement by a Fund Management Company (FMC) to a service provider can bring…
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