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Conduct, Culture & Accountability
MAS Updates Guidelines for Fund Management Companies
By Manesh Samtani | 29/02/2024
The main amendment concerns compliance arrangements FMCs should have in place. MAS also reminded auditors of their FMC-related obligations.

Cryptocurrency
HashKey OTC Arm Gets On-Principle Approval in Singapore
By Nithya Subramanian | 29/02/2024
In-principle approval brings HashKey OTC a step closer to being fully regulated in Singapore.

Fraud, Scams & Cybercrime
MAS, SPF Probe Samlit Moneychanger for Fraudulent Activities
By Nithya Subramanian | 26/02/2024
The money remittance company has informed the Monetary Authority of Singapore that it is planning to surrender its payment services licence.

Cloud & Infrastructure
FSDF Top-up Will Help Anchor Singapore Financial Services Capabilities
By Mark Johnston | 25/02/2024
MAS will use the S$2bn top-up to support talent development initiatives, innovation in financial services, and infrastructure projects.

Reporting & Disclosures
Navigating the ESG Reporting Landscape in Singapore
By George Cyriac | 23/02/2024
Experts from Morgan Lewis offer a comprehensive look into the dynamic and continuously evolving ESG regulatory landscape in Singapore.

Cybersecurity
MAS Issues Guidance for FIs on Quantum Cybersecurity Risks
By Ranamita Chakraborty | 20/02/2024
FIs are advised to conduct PoC trials with quantum security solutions to understand operational impacts and implementation challenges.

Structural Regulation
Singapore’s 2024 Budget Introduces Reforms to Boost Investment
By Ranamita Chakraborty | 20/02/2024
Singapore’s budget includes a new investment incentive scheme and other measures that will benefit the financial sector.

Structural Regulation
MAS Issues Additional Guidance for New Derivatives Reporting Regime
By Manesh Samtani | 16/02/2024
New FAQs are provided to support implementation of the new OTC derivatives reporting regime, which comes into force in October.

Tokenisation
More Clarity in Rules Key to Tokenisation of VCCs
By Nithya Subramanian | 15/02/2024
Tokenising VCCs provides the opportunity to drive greater operational cost efficiencies across the fund lifecycle and explore new business models.

ESG Data
Gprnt: Simplifying ESG Data Management for Financial Services
By Ranamita Chakraborty | 09/02/2024
Industry experts anticipate the MAS-led digital ESG platform, Gprnt, will improve sustainability reporting across the real economy and financial sector.
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