Articles and Events Summary Compliance Obligations under New Payment Services Act Payment Services Act (“the Act”) came into force on 28 January 2020 providing new framework for the regulation of payment systems and payment service providers in Singapore. The Act...
Companies providing corporate financial advisory in Singapore are governed by the regulations under the Securities and Futures Act (SFA). In the Second Schedule to the SFA, corporate finance advisors are defined as companies giving advice on: compliance with the laws...
Articles and Events Summary EVENT: Singapore Regulatory Updates and Discussion – 21 Jan 2020 Argus Global hosted a discussion on Singapore Regulatory updates on 21 Jan 2020. The event covered significant developments in the area of regulatory compliance...
China Banking and Insurance Regulatory Commission (CBIRC) has issued a new circular on improving the effectiveness of AML/CTF programmes in the banking and insurance sectors applicable to all banks (including foreign banks), financial asset management companies,...
Articles and Events Summary EVENT: Singapore Regulatory Updates and Discussion – 21 Jan 2020 2019 saw significant developments in the area of regulatory compliance affecting most financial institutions. We expect 2019 trajectory to continue into the new year...
Articles and Events Summary Training Requirements for Financial Institutions As per MAS’ Notice on Prevention of Money Laundering and Countering the Financing of Terrorism, financial institutions are required to ensure that their employees, officers and...
