MAS had placed EAM on the Investor Alert List on 19 March 2020, to highlight that Envy Asset Management (Envy) may have been wrongly perceived as being licensed by MAS. MAS had received public feedback that Envy had told customers that it was in the process of...
Articles and Events Summary WEBINAR Payment Services Act Argus Global conducted a webinar on the Payment Services Act on 5 February 2021. We had overwhelming response for the Payment Services Act Webinar with over 100 participants joining it Live and actively...
All regulated financial institutions in Singapore are required to ensure they have suitable compliance arrangements in place to assist in meeting regulatory requirements. Licensed entities in Singapore, upon receiving their licence, will be required to put in place...
Articles and Events Summary Non-Face-to-Face Identity Verification The Monetary Authority of Singapore (“MAS”) on 10 November 2020, introduced a new consultation paper on the types of information required for non-face-to-face verification of an individual’s...
All Singapore incorporated companies, Variable Capital Companies (VCCs) and Limited Liability Partnerships (LLPs) are required to file annual lodgment including annual returns and annual declarations with ACRA, within a prescribed timeline, under ACRA legislations....
Articles and Events Summary Online Training AML / CFT Training for Financial Institutions in Singapore Argus Global conducted an online training for Financial Institutions in Singapore on AML/CFT. The Monetary Authority of Singapore (“MAS”) encourages all...
