Following the removal of the Exempt Fund Manager (EFM) and Registered Fund Management Company (RFMC) licensing regimes, the Monetary Authority of Singapore (MAS) generally licenses fund managers seeking to establish…
Financial Services and Markets Act 2022 - Link There have been several debates on the impact of the Financial Services and Markets Act (“FSM Act”) in recent weeks. These debates…
ACIP’s May 2025 Guidance on Source of Wealth Due Diligence: What Fund Managers Should Know This article outlines the latest Source of Wealth due diligence requirements for Capital Markets Services…
On 8 April 2025, the Monetary Authority of Singapore (MAS) issued a consultation paper outlining proposed amendments to its Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Notices
The latest FATF Recommendations update reflects the Financial Action Task Force's ("FATF") role as the global standard-setter for combating money laundering and terrorist financing ("ML/TF"). The FATF Recommendations provide a…
The digital asset economy is rapidly reshaping how capital moves, how value is stored, and how financial institutions operate. Digital assets, including cryptocurrencies, digital payment tokens, stablecoins, and tokenised assets,…
What is a Collective Investment Scheme (CIS)? Collective Investment Schemes are arrangements in respect of any underlying investments or assets which satisfy the following elements: Participants have no day-to-day control…
Introduction The Markets in Crypto-Assets Regulation (MiCA Regulation) represents a landmark piece of European legislation. It is designed to comprehensively regulate the rapidly evolving crypto-asset market. It is also seen…
Understanding public vs private funds is essential for Singapore fund managers, as the sector matures and caters to a wider range of investors and their specific needs. Fund Management today…