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

      Singapore regulatory outlook and trends

      Business Continuity Management Guidelines The Monetary Authority of Singapore’s (MAS) revised Business Continuity Management Guidelines are applicable to all financial…
      Read more

      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…
      Read more

      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…
      Read more

      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…
      Read more

      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)…
      Read more

      Regulatory Compliance Updates March 2024 – APAC Region

      This APAC regulatory update includes – Prevention of Money Laundering and Countering the Financing of Terrorism.
      Read more

      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…
      Read more