Events listed in Singapore
MAS Partners Policymakers in Japan, Switzerland and the UK to Foster Responsible ...
ID 25567
The Monetary Authority of Singapore (MAS) has announced a strategic collaboration with key regulatory authorities in Japan, Switzerland, and the United Kingdom to „advance digital asset pilots in fixed income, foreign exchange and asset management products“ in an effort to further promote responsible digital asset innovation. This partnership involves MAS, the Financial Services Agency of Japan (FSA), the Swiss Financial Market Supervisory Authority (FINMA), ...
MAS’ Cyber Security Advisory Panel Proposes Ways to Tackle Mobile Malware Scams and ...
ID 25560
On October 30, 2023, the Monetary Authority of Singapore (MAS) published a press release to inform of the seventh annual meeting of its Cyber Security Advisory Panel (CSAP) which was held on October 24 and 25, 2023. During this meeting, the panel discussed global cybersecurity trends and their impact on the financial sector and identified steps to address „mobile malware scams“ and risks stemming ...
Income Tax (Amendment) Act 2023
ID 25549
The latest Income Tax (Amendment) Act 2023 was published on Singapore Statutes Online, the country’s online platform for publicizing legal texts. Most provisions of the Act are rather irrelevant for financial market participants. However, as already pointed out earlier in connection with the corresponding bill, some do matter for market players, including those briefly described below. It shall be noted in this context that ...
Income Tax (Singapore — Tunisia) (Avoidance of Double Taxation Agreement) ...
ID 25512
This Income Tax (Singapore — Tunisia) (Avoidance of Double Taxation Agreement) (Modifications to Implement Multilateral Instrument) Order 2023 was published on Singapore Statutes Online, the official government platform for publicizing legal documents. The order modifies the original double tax agreement (DTA) signed between the two nations to adopt provisions to transpose the „Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion ...
MAS Consults on Streamlined Regulatory Framework for Fund Managers
ID 25466
The Monetary Authority of Singapore (MAS) has launched a public consultation on a proposed revocation of its registered fund management company (RFMC) regime and corresponding (new) requirements for currently registered FMCs to become licensed fund management companies (LFMCs). This move comes as a response to the growing business in the investment fund industry and most RFMCs applying for a LFMC license in the course ...
Consultation Paper on Proposed Guidelines on Transition Planning for Asset Managers
ID 25372
The Monetary Authority of Singapore (MAS) has launched a consultation on proposed new Guidelines on Transition Planning for asset management firms. The guidelines follow the publication of Guidelines on Environmental Risk Management for Asset Managers in 2020 (EventID 8940) to set out MAS‘ expectations as regards transition planning and embedding such planning within asset management firms to ensure and support the transition to a ...
IMAS signs MOU with Asset Management Association of Shanghai to strengthen ...
ID 25327
On October 12, 2023, the Investment Management Association of Singapore (IMAS) and the Asset Management Association of Shanghai (AMAOS) signed a Memorandum of Understanding (MOU) to enhance cross-border cooperation. The agreement focuses on five key areas: supporting and participating in asset management events, sharing industry research findings, exchanging market intelligence and expertise, developing education and training materials, and exploring further paths for mutuall ...
Strengthening Liquidity Risk Management Practices for Fund Management Companies
ID 25305
The Monetary Authority of Singapore (MAS) has published an information paper titled „Strengthening Liquidity Risk Management (LRM) Practices for Fund Management Companies (FMCs)“. The paper follows a recent „inspection“ of LRM practices of collective investment schemes (CIS) and a review of prospectuses of CIS‘ offered to retail clients. In the information paper, **MAS presents its key findings in form of „good and bad practices ...
CFC 03/2022 Guidance on requirements that are applicable to Exchange Traded Funds ...
ID 25262
The Monetary Authority of Singapore (MAS) has published a revised version of its Circular No. CFC 03/2022 which sets out guidance in relation to feeder exchange traded funds (feeder ETFs) that are listed on the Singapore Stock Exchange (SSE) and „feed“ into a master exchange traded fund listed on the Shenzhen Stock Exchange (SZSE), following the signing of a Memorandum of Understanding (MoU) two ...
MAS and Financial Industry Launch Basic Financial Planning Guide
ID 25257
The Monetary Authority of Singapore (MAS), in collaboration with several financial industry associations, has introduced a Basic Financial Planning Guide which is addressed at the general population and retail financial market clients or investors. The guide offers clear and straightforward advice to be considered by individuals to improve their financial well-being, particularly during retirement. It sets out recommendations as to – the setting aside ...