by Argus | Jun 19, 2019 | Financial Institutions, Fund Management Company, Regulatory Compliance
Capital Markets Services License – Dealing in Capital Market Products Capital Markets Services License (CMSL) A corporation that carries on a business in any regulated activity in Singapore would need to hold a CMSL under the Securities and Futures Act (SFA). The...
by Argus | Jun 7, 2019 | Compliance, Financial Institutions, Fund Management Company, Insurance, News
MAS issues a Consultation Paper on proposed scope of IAC Guidelines The Monetary Authority of Singapore (MAS) published yesterday a Consultation Paper concerning the proposed scope of Guidelines on Individual Accountability and Conduct (IAC Guidelines). Consultation...
by Argus | Jun 3, 2019 | Financial Institutions, Fund Management Company, Monthly Newsletter, Regulatory Compliance
Articles and Events Summary Outsourcing by Fund Management Companies in Singapore This article sets out the perks and perils of outsourcing arrangements, where we look at the most common business model in Singapore amongst financial institutions outside of banks – the...
by Argus | May 31, 2019 | Fund Management Company, Ongoing Compliance, Regulatory Compliance
Outsourcing by Fund Management Companies in Singapore Outsourcing an arrangement by a Fund Management Company (FMC) to a service provider can bring cost and other benefits. However this can also increase the risk profile of the FMC, particularly when there is failure...
by Argus | May 8, 2019 | Anti Money Laundering, Fund Management Company, News, Regulatory Compliance
Ex-Goldman Banker charged in 1MDB fund scandal Goldman Sachs is being probed by US Justice Department for its role as underwriter and arranger for some $6.5 billion worth of 1Malaysia Development Bhd (1MDB) bond offerings, in the governmental fund scandal shaking...
by Argus | Apr 24, 2019 | Financial Institutions, Fund Management Company, Ongoing Compliance, Regulatory Compliance
Corporate Governance Requirements in Singapore A quick definition of Corporate Governance Corporate Governance is a general term encompassing all the directives, processes and rules which characterized “the system by which companies are directed and controlled”...
