Building your cyber security foundation

      At Waystone Cyber Security Solutions we believe that as you grow your firm it should be built on a strong…
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      Waystone Compliance News & Events for Global Updates from Asset Management Industry

      Visit the Waystone News & Events page for global updates from the asset management industry.

      Enhancing Anti Money Laundering and Countering the Financing of Terrorism (AML/CFT) controls within the VCC sector

      The VCC regime was launched in Singapore in January 2020, and in 2021, MAS conducted an industry-wide survey of VCCs,…
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      CFTC charges five entities for failing to register as FCMs

      The CFTC announced that it has filed charges against five entities for operating as unregistered futures commission merchants (FCM).
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      SEC Fines Firm $35 Million for Failure to Protect Client Data

      On September 20, 2022, the U.S. Securities and Exchange Commission (“SEC”) fined Morgan Stanley Smith Barney for their purported failure…
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      Waystone Compliance Articles & Press Releases

      Securing sensitive employee data – recommended HR policies and procedures

      The onboarding and offboarding of employees is not a subject that we often think about in terms of information security.…
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      Regulatory Update: Middle East Edition – August 2022

      This edition includes - ADGM Registration Authority publishes priorities for 2022-2023, VARA issues regulations governing virtual assets marketing and DIFC…
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      It is with sadness that we mark the passing of Her Majesty The Queen

      Following the passing of Her Majesty Queen Elizabeth II, we reflect on her remarkable reign and her dedication to a…
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      Regulatory Compliance Updates August 2022 – APAC Region

      31 August 2022 - MAS imposes composition penalty of $375,000 on UOB Kay Hian Private Limited for business conduct and…
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      Regulatory Update: UK Edition – August 2022

      This edition includes - FCA Policy Statement on strengthening financial promotion rules for high-risk investments and firms approving financial promotions,…
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      The deadline for the Hong Kong SFC’s climate-related requirements is fast approaching

      The Hong Kong Securities and Futures Commission (SFC) issued Consultation Conclusions on the Management and Disclosure of Climate-related Risks by…
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      Waystone Compliance Articles, Press Releases, APAC Updates, & More

      Audit Preparation For Business Continuity Management

      Revised Business Continuity Management (“BCM”) Guidelines were introduced in June 2022, setting out the principles that Financial Institutions (“FIs”) are…
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      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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      Enhancing the Appointed Representative Regime

      On 3 August 2022, the Financial Conduct Authority (“FCA”) published its long-anticipated policy statement: PS22/11 - Improvements to the Appointed…
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      Waystone Compliance APAC Updates

      The ADGM Data Protection Regulations Amendment 2022 - What you need to know

      The Abu Dhabi Global Market (“ADGM”) released its comprehensive data protection regulations in 2021 (the “Regulations”), repealing the Data Protection…
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      Regulatory Update: UK Edition – July 2022

      This edition includes - FCA publishes rules and guidance on new Consumer Duty, PRA Discussion Paper DP3/22 on critical third…
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      Cyber Security Solutions for the US Investment Advisers

      SEC Focus on Cyber Security and Operational Resilience. The US Securities and Exchange Commission (“SEC”) has increased its focus on…
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      Regulatory Update: Middle East Edition – July 2022

      This edition includes - DFSA issues consultation paper no.144 ‘Miscellaneous Changes’, ADGM issues white paper on sustainable finance, FATF issues…
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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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      Is an outsourced CCO appropriate for your organization?

      Waystone Compliance Solutions provides outsourced CCO services to clients in the asset management and finance industry. As a truly global…
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