Events listed in Singapore
Form 23A – Notice of Change of Particulars for a Registered Fund Management ...
ID 24669
The Monetary Authority of Singapore, MAS, has issued a revised form for registered Fund Management Companies or Venture Capital Fund Managers which must be used to inform MAS of changes of their particulars (i.e. changes in contact details; changes in information on the company such as appointments). The form must be submitted within 14 days of the incurred changes and must be lodged via ...
Form 3A – Notification for Appointment of an Appointed Representative
ID 24668
The Monetary Authority of Singapore (MAS) has issued a revised form (Form 3A) for companies, institutions, and individuals needing to provide notification and have approval of the appointment of a representative. The form must be submitted via corporate e-filing on MASNET, the official platform of MAS for electronic filings. Representatives may NOT perform any services prior to be registered with MAS as an „appointed ...
Form 25A – Annual Declaration by a Registered Fund Management Company or a ...
ID 24666
The Monetary Authority of Singapore (MAS) has issued revised Form 25A in connection with certain information required to be notified annually by fund management companies or venture capital fund managers. Specifically, the form must be submitted within one month after the close of the financial year and requires detailed information on the total amount of Asset under Management and the type of fund management ...
MAS Will Not Tolerate the Abuse of Our Financial System for Illicit Activities
ID 24648
In view of recently reported suspicious activities by various Singapore financial institutions (FIs) relating to alleged money laundering (ML), the Monetary Authority of Singapore, MAS, has published a press statement. Therein, MAS emphasizes that it is working closely with the Commercial Affairs Department (CAD) to uncover these cases and any other illicit activities aimed at ML or the financing of terrorism (FT). In this ...
MAS Finalises Stablecoin Regulatory Framework
ID 24637
The Monetary Authority of Singapore, MAS, has published a response paper to its consultation on a proposed new regulatory framework for issuers and intermediaries of stablecoins – that is digital currencies whose value is bound to another asset such as another currency. In this paper, MAS summarizes the responses it has received to its consultation, summarizes key amendments it has made to the draft ...
FAQs on Licensing and Business Conduct (Other than for Fund Management Companies)
ID 24629
The Monetary Authority of Singapore, MAS, has published updated frequently asked questions (FAQs) on the licensing and business conduct of financial market participants other than fund management companies. The FAQs provide guidance to numerous market participants, including venture capital funds, investment trusts, exempt OTC derivatives brokers, and certain (other) Capital Market Service (CMS) license holders with respect to the scope of a CMS license, ...
Oral reply to Parliamentary Question on impact of undesirable marketing tactics for ...
ID 24560
In a recent parliamentary sitting, the Prime Minister of Singapore was asked by a Parliament member about the effects of unfavorable marketing strategies for financial products, like ambush-style marketing, on consumers with limited financial knowledge and the possible options available to consumers to seek redress following the purchase of products due to such strategies. In its oral response, Mr. Alvin Tan, Minister of State, ...
Written reply to Parliamentary Question on impact of artificial intelligence on ...
ID 24527
In a recent parliamentary sitting, **the Prime Minister of Singapore was asked if he was aware if the Monetary Authority of Singapore (MAS) has evaluated the influence of artificial intelligence (AI) on financial market trading platforms. Specifically, a current member of the Parliament inquired whether MAS has examined the risks related to „herding“ in securities trading which involves the use of AI models or ...
Consultation Paper on Proposed Framework for Single Family Offices
ID 24486
In an effort to standardize licensing requirements or exemptions thereof for Single Family Offices (SFOs) operating in Singapore and to manage the potential money laundering threats posed by SFOs, the Monetary Authority of Singapore (MAS) has launched a consultation (P009) on a new proposed regulatory framework for SFOs. The key aim of the proposed framework – which would consist of modifications to Regulation 55 ...
Notice SFA 02-N01 Listing, De-Listing or Trading of Relevant Products on an ...
ID 24435
The Monetary Authority of Singapore, MAS, has issued a revised version of its Notice SFA 02-N01 on the requirements for listing, de-listing, or trading of products on an organised market in Singapore. The Notice specifies the key obligations of securities exchanges in relation to such requirements, ranging from obligations to mitigate any risks arising from trading specific products, to the imposition of position limits ...