Author name: saurav

MAS has set out guidance and highlights the good practices to enhance the effectiveness of financial institutions’ (FIs’) Anti-Money Laundering/Counter Financing Terrorism (“AML/CFT”) audit to provide an independent and regular assessment of the effectiveness of their AML/CFT policies, procedures and controls, and compliance with MAS’ requirements. The Company should take the guidance of the given […]

As per the state Court of Singapore Mr. Pan was engaged in a business that operated as fraud under the Securities and Futures Act. Mr. Qi is prohibited from doing: – Any regulated activity Taking part in the management Acting as a director Mr. Qi cannot become a substantial shareholder of any financial advisory firm

Understanding the Fair Dealing Guidelines The Monetary Authority of Singapore (MAS) has recently updated its Fair Dealing Guidelines, effective from May 30, 2024. The Fair Dealing Guidelines are a set of principles aimed at promoting fairness in the financial industry. The Board of Directors and Senior Management of financial institutions play pivotal roles in establishing