The article focuses on a consultation paper on real estate investment trusts (Reits) published by India's stock market regulator and Singapore's financial regulatory authority firming up rules governing the asset class. The paper released by the Securities and Exchange Board of India on topics ...
MonetaryAuthorityofSingaporeFINANCIALADVISERSACT(CAP.110)GUIDELINESONFAIRDEALING–BOARDANDSENIORMANAGEMENTRESPONSIBILITIESFORDELIVERINGFAIRDEALINGOUTCOMESTOCUSTOMERSTABLEOFCONTENTSIntroduction11FairDealingOutcome1:Customershaveconfidencethattheydealwithfinancialinstitutionswherefairdealingiscentraltothecorporateculture.1.1Rationale1....
for additional clarifying information or deny the account opening outright. Singapore’s financial regulator — the Monetary Authority of Singapore — uses data analytics as a monitoring tool for its supervisory role. This involves the collection, aggregation, and analysis of financial data in order ...
The Monetary Authority of Singapore (MAS) has consistently taken a firm stance on financial regulatory enforcement. There are three principles underpinning its enforcement philosophy: early detection, effective deterrence, and the shaping of business and market conduct. Enforcement Approach From July 2017...
institutions leverage technology to better meet regulatory obligations. There are now a range of grant schemes specific to smaller financial institutions. Together, these schemes provide strong support for these financial institutions to adopt solutions that improve their operational capabilities in various...
ACRA Accounting and Corporate Regulatory Authority Singapore (Singapore) ACRA Australian Cultivar Registration Authority ACRA Associació Catalana de Recursos Assistencials (Catalan: Catalan Assotiaton of Nursing Homes and Services for the Elderly) ACRA Australian Cardiac Rehabilitation Association ACRA Australian...
The Financial Institutions Group is one of the most established specialist advisory practices in Singapore in the area of financial services. A pioneer in specialised advisory, transactional and regulatory practices in Singapore, with long standing knowledge and familiarity with the Singapore financial ...
Is regulatory approval required? No, there's no requirement for prior notification, consultation, or approval of outsourcing arrangements. However, the MAS expects financial institutions to be ready to demonstrate how they comply, and to notify the MAS as soon as possible of adverse developments ari...
Regulatory entities The Monetary Authority of Singapore (“MAS”) is Singapore’s central bank and sole bank regulator, and oversees all financial institutions in Singapore. Beyond MAS, international regulatory bodies possess varying degrees of influence over the regulatory regime in Singapore by virtue...
MAS firms up regulatory framework for stablecoins Issuers in Singapore will have to fulfil requirements to be recognised and labelled as “MAS-regulated stablecoins”. 21st August 2023 MAS pledges up to $112m towards tech and innovation in financial sector ...