APAC Monthly Newsletter, August 2021 - Waystone

      APAC Monthly Newsletter, August 2021

       

      MAS Regulatory Updates – Highlights

       

      18 August 2021 – FAQs on the Securities and Futures (Reporting of Derivatives Contracts) Regulations 2013

      Implementation of the reporting obligations for requirements set out under the Securities And Futures (Reporting Of Derivatives Contracts) Regulations for OTC Derivatives.

      To view the FAQ document, please click here.

       

      17 August 2021 – Notice 637 Risk Based Capital Adequacy Requirements for Banks Incorporated in Singapore

      Risk-based capital adequacy requirements for reporting banks incorporated in Singapore.

      To view the Notice, please click here.

       

      12 August 2021 – Form 6 – Omnibus Statement of Trust Accounts under Regulation 19(1) of Trust Companies Regulations and Regulation 5 of Trust Companies (Exemption) Regulations

      Form for licenced trust companies and exempt persons providing trust services to provide information on assets under trusteeship, within 60 days from the end of the calendar year.

      To view Form 6, please click here.

       

      11 August 2021 – Guidelines on Licensing, Registration and Conduct of Business for Fund Management Companies [SFA 04-G05]

      How to qualify to be and conduct your business as a fund manager.

      To view the Guidelines, please click here.

       


      GET IN TOUCH

      Argus specializes in Financial and Compliance matters like vcc singapore, regulatory compliance, Insurance Returns, AML/CFT Controls, AML/CFT Training for FI and provides objective insights, subject expertise and a simple approach to all your Financial & Compliance matters. Our diversified client base spans start-ups to mature businesses. We partner with our clients to serve all their Financial & Compliance matters from the initial phase to ongoing support, training, audit, risk management and governance.

      Follow us on LinkedIn for more updates on Insurance Regulations.

       

       

       Next post
      Share

      More like this

      Regulatory Update October 2024 – APAC Region

      This APAC regulatory update includes – updates on Singapore’s national AML strategy, AML/CFT supervisory expectations from recent inspections, FAQs on…
      Read more

      MAS provides an update to fund tax incentive schemes for family offices

      On 1 October, the Monetary Authority of Singapore (MAS) released details of changes to the fund tax incentive schemes under…
      Read more

      MAS reminder - Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) audits

      On 21 October 2024, the Monetary Authority of Singapore (MAS) issued a circular to remind Financial Institutions (FIs) about the…
      Read more

      Regulatory Compliance Updates September 2024 – APAC Region

      This APAC regulatory update includes – Implementation of Reporting Requirements for Over-The-Counter (“OTC”) Derivatives Contracts, Change of Particulars for Fund…
      Read more

      Regulatory Compliance Updates August 2024 – APAC Region

      This APAC regulatory update includes – Decommissioning of the Corporate E-Lodgment Portal; Consultation Paper on Proposed Amendments to Requirements for…
      Read more

      Personal data protection in Singapore

      Overview of the Singapore Personal Data Protection Act (PDPA) The PDPA comprises various requirements governing the collection, use and disclosure…
      Read more

      Payment Service Provider Licence Application – MAS issues amendments to its Guidelines

      The Monetary Authority of Singapore (MAS) has published amendments to its Guidelines on Licensing for Payment Service Providers [PS –…
      Read more