Compliance Toolkit for Approvals, Notifications and Other Regulatory Submissions to MAS (for FIs conducting regulated activities under the SFA other than for fund managers and REIT managers)

The Monetary Authority of Singapore (MAS) has issued an updated version of its „Compliance Toolkit for Approvals, Notifications and Other Regulatory Submissions to MAS“ which is basically a guidance for banks, (exempt) financial advisers, credit rating agencies and certain other capital market services licensees on filing and reporting requirements in connection with their business. The toolkit contains – among others – information on the
(1) filing for a license,
(2) filing with respect to the appointment of diverse officers,
(3) acquisition or taking control filing,
(4) notifications about changes in particulars,
(5) filing due to the commencement or cessation of business,
(6) notifications when a firm fails to meet minimum financial requirements,
(7) regulatory financial report filings and many others.
For each prescribed filing, the toolkit contains information on the respective form to be submitted, if applicable, the regulatory deadline, and the mode of submission (i.e. by mail, via postal delivery, or via online filing).
This latest revised version contains a new reference link to the latest version of Form 11 relating to the application for the „Appointment of Chief Executive Officer or Director / Change of Director’s Nature of Appointment from Non-Executive to Executive (For Capital Markets Services Licensees)“ (page 7).