Regulatory Updates January 2022 - Waystone

      Regulatory Updates January 2022

      Our APAC team provides a monthly review of a wide range of Singapore regulatory compliance matters including, news, guidelines and significant updates. This months edition features:

      7 February 2022 – MAS to develop a framework for equitable sharing of losses arising from scams

      To learn more about click here.

      28 January 2022 – Notice 610 Submission of Statistics and Returns

      Requirements for banks on submitting returns to MAS, including reporting forms, completion notes and submission timeframe.

      To view the updates to Notice 610, please click here.

      28 January 2022 – Notice 1003 Submission of Statistics and Returns

      Requirements for merchant banks submitting returns to MAS, including reporting forms, completion notes and submission timeframe.

      To view the updates to Notice 1003, please click here.

      28 January 2022 – MAS provides guidelines on the provision of Digital Payment Token services to the public

      To learn more about click here.

      25 January 2022 – Exemptions issued under s337(2) SFA – 4Q2021

      View exemptions issued under section 337(2) of the Securities and Futures Act for the period from 1 October 2021 to 31 December 2021.

      To view the exemptions issued under section 337(2), please click here.

      17 January 2022 – Guidelines on Provision of Digital Payment Token Services to the Public [PS-G02]

      Guidelines on Provision of Digital Payment Token Services to the Public under the Payment Services Act.

      To view the updated guidelines, please click here.

      12 January 2022 – Launching Waystone Compliance Solutions

      To learn more about click here.

      11 January 2022 – LD 01/2022 Publication of 2020 Revised Editions of Acts Citation in Instruments, Documents and Other Communications Issued by the Monetary Authority of Singapore

      This circular explains the revisions made to the Acts administered by MAS in the 2020 Revised Edition of the Act, and clarifies how to read the references to the Acts in MAS-issued instruments and documents.

      To view the publication documents, please click here.

      10 January 2022 – 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.

       

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