The Monetary Authority of Singapore (MAS) has issued an updated version of its frequently
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The Monetary Authority of Singapore (MAS) has issued an updated version of its frequently asked questions (FAQs) relating to the operation of trust companies. The FAQs primarily – clarify the scope of the Trust Company Act (who does it apply to, who’s exempt from holding a trust license?), – outline the difference between the Trust Company Act and the Trustees Act, – describes MAS‘ ...