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.

       

       

      Previous post Next post
      Share

      More like this

      The Monetary Authority of Singapore bans two individuals following convictions

      On 2 September 2021 MAS issued a four-year prohibition order (PO) against Mr. Lan Kangming and a three-year PO against…
      Read more

      AML and CDD – understanding the regulations

      What is AML? Anti-Money Laundering (AML) regulations are put in place to mitigate the risk of money laundering and terrorism…
      Read more

      Webinar: Getting set up in Singapore – what are the jurisdictional advantages for fund managers?

      Thursday 9th September Are you a regulated fund manager looking to get setup in Singapore and take advantage of its…
      Read more

      Webinar: Regulatory Compliance Solutions in Singapore

      Wednesday 8th September Topics will include: The various types of compliance support available Assistance with internal audit and training Risk…
      Read more