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Visit the Waystone News & Events page for global updates from the asset management industry.
DFSA – Fixed Penalty Notice Regime
On 5 April, the DFSA published a Dear SEO Letter. The purpose of this letter was to inform all Senior…
April 18, 2024
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)…
April 17, 2024
Exploring FSRA Supervision Fees: Everything you need to know
FSRA Supervision Fees – Background On 6 October 2023, the Financial Services Regulatory Authority ("FSRA") of the Abu Dhabi Global…
April 15, 2024
FSRA proposes enhanced measures for Cyber Risk Management
On 29 November 2023, the Financial Services Regulation Authority (“FSRA”) issued Discussion Paper No. 1 of 2023 on Information Technology…
April 15, 2024
Regulatory Compliance Updates March 2024 – APAC Region
This APAC regulatory update includes – Prevention of Money Laundering and Countering the Financing of Terrorism.
April 8, 2024
Regulatory Update: UK Edition – March 2024
This UK regulatory update includes – FCA publishes Business Plan 2024/25, FCA publishes new webpage on AIFM hosting, FCA publishes…
April 8, 2024
Regulatory Update: Middle East Edition – March 2024
This edition includes – DFSA issues Consultation Paper on DFSA Fees, ADGM Reflects on 2023 Successes, DFSA Issues SEO Letter…
April 5, 2024
Biometrics and beyond - the future of identity verification
As we embark on the second quarter of 2024, our focus here shifts to a critical theme – ‘Securing Digital…
April 1, 2024
Regulatory Update: UK Edition – February 2024
This UK regulatory update includes – FCA sends notice to provide information related to incidents of non-financial misconduct, FCA publishes…
March 25, 2024
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 FMCs. The Monetary…
March 22, 2024
Latest updates from MAS on Anti-Money Laundering - what you need to know
The Monetary Authority of Singapore (MAS) views Anti-Money Laundering (AML) as a critical component of its regulatory framework, aimed at…
March 20, 2024
Data protection regimes: KSA, ADGM, DIFC and onshore UAE – a comparison
A key consideration for United Arab Emirates (“UAE”) firms with a presence in the Kingdom of Saudi Arabia (“KSA”), is…
March 19, 2024
Insights from the FCA's Dear CEO Letter: Addressing Financial Crime Risks in Annex 1 Firms
On March 5 2024, the FCA wrote a Dear CEO Letter to the Chief Executive Officers of Annex 1 firms,…
March 15, 2024
Regulatory Update: Middle East Edition – February 2024
This edition includes – DIFC Celebrates 20th Anniversary with Finance Events, ADGM Fines 6 Firms for Breaching CRS Regulations, DFSA…
March 11, 2024
UAE’s success - exiting the FATF ‘Grey List’
On 23 February 2024, the Financial Action Task Force (FATF) removed the United Arab Emirates (UAE) from The FATF “grey…
March 11, 2024
Regulatory Compliance Updates February 2024 – APAC Region
This APAC regulatory update includes – Guidelines on Licensing, Registration and Conduct of Business for Fund Management Companies.
March 6, 2024
Cyber Risk Management – Is your firm complying with the DFSA rules?
On 1st January 2024, the Dubai Financial Services Authority (“DFSA”) Cyber Risk Management Rules came into force and for firms…
March 6, 2024
Building a robust cyber security culture in the workplace
As a former Chief Information Security Officer (CISO), I often get asked, "Why is cyber security so important?" My answer…
March 4, 2024
Form ADV submission deadline approaching: have your AI disclosures been reviewed?
Registered investment advisers (RIAs) have rapidly integrated AI into various aspects of their operations, including investment strategy, market research, portfolio…
February 28, 2024
New location for Waystone’s Singapore operation as demand for its services continues to grow
Waystone has moved its Singapore operation to a new, central location in the heart of the financial district. In a…
February 25, 2024
MAS responds to feedback on proposals to mandate reference checks for financial industry
The Monetary Authority of Singapore (MAS) has officially published its response to the feedback received on its proposals to mandate…
February 23, 2024