by Argus | Digital Tokens, STO & ICO, News, Regulatory Compliance
MAS halts local Securities Token Offering for regulatory breach The Monetary Authority of Singapore (MAS) halted an initial coin offering (ICO) issuer from proceeding with its securities token offering in Singapore until it can completely comply with regulatory...
by Argus | Fund Management Company, Ongoing Compliance, Regulatory Compliance
The Monetary Authority of Singapore (MAS) sets out a high regulatory yardstick to ensure that the relevant risks faced by all stakeholders are adequately mitigated, positively effecting sustainability of the industry. Adherence to these regulations on an ongoing basis...
by Argus | Financial Institutions, News, Regulatory Compliance
S$75 million grant to enhance Singapore as a Financial Hub The Monetary Authority of Singapore (“MAS”) in the coming month will launch an S$75 million Grant for equity Market Singapore (“GEMS”). Mr. Heng Swee Keat, Minister of Finance and MAS board member announced...
by Argus | Monthly Newsletter, Regulatory Compliance
Articles & Events Summary Summary of Digital Token Guidelines issued by MAS The Monetary Authority of Singapore has issued general guidance on the application of the securities laws administered by MAS in relation to offers or issues of digital tokens in Singapore...
by Argus | News, Others, Regulatory Compliance
Wells Fargo to Pay $575 Million to Settle Customer Harm Claims American multinational Wells Fargo & Co, have to pay $575m to settle state-level claims over sales practices which was due to a lack of compliance controls. This latest scandal adds to the series of...