Addressing the adverse systemic economic impact of the COVID-19 pandemic, the European Banking Authority has supported the measures taken by national governments and EU bodies. Even as most economies face a downturn, it is essential to preserve the effectiveness and...
As part of ongoing efforts to uphold Singapore’s reputation as a trusted financial hub, and in line with international practices, ACRA will be implementing a new requirement for all companies, foreign companies and Limited Liability Partnerships (LLP), unless...
How can Argus Help to Setup External Asset Management Business in Singapore? We are an experienced regulatory consulting firm who understand the External Asset Managers model very well and are fully equipped to provide an end to end solution for you. We can advise...
Introduction Payment Services Act (“PSA”) came into effect in Singapore on 28 January 2020 and it streamlines payment services regulatory framework under a single piece of legislation. MAS has introduced 2 parallel regulatory frameworks. The first framework is a...
Four former insurance agents and two former bank employees have been banned by the Monetary Authority of Singapore (MAS) for fraud and dishonest conduct. MAS issued Prohibitive Orders (POs) against the following individuals following their convictions in the State...