Risk Management Singapore remains a key priority for financial institutions. Curia Regis provides practical insights on risk governance, operational resilience and internal controls. Our guidance covers MAS expectations, emerging risks and effective risk management practices.
The Monetary Authority of Singapore (MAS) conducted a thematic review of financial institutions' Artificial Intelligence (AI), including Generative AI model risk management practices in mid-2024. The review highlighted several key…
For fund management companies in Singapore, liquidity risk refers to the risk that the Fund vehicles they manage may not have sufficient cash or liquid assets to meet obligations when…
Technology is an inevitable part of the financial industry as Financial Institutions (FIs) continue to adopt cutting-edge technologies for operational efficiency and for better service delivery to their clients. As…
With the repeal of the Registered Fund Management Company (RFMC) regime, all Fund Management Companies (FMCs) are now under the Capital Markets Services License (CMSL) regime, broken down for Retail…
Singapore’s National Risk Assessment (NRA) pertaining to prevalent Money Laundering (ML) & Terrorism Financing (TF) risks was recently updated. The updated NRA covers threats and vulnerabilities in Singapore which evolved…
In the wake of the recent global IT outage affecting CrowdStrike (CS) from a periodic software update, Financial Institutions worldwide and in Singapore are reassessing the critical importance of robust…
In the vibrant financial landscape of fund management in Singapore, fund management companies navigate a complex web of counterparties, valuation methodologies and standards to ensure the accurate determination of a…
On the 11th of December 2023, the Monetary Authority of Singapore (“MAS”) published a revised version of the outsourcing guidelines applicable to non-Bank Financial Institutions such as Fund Management Companies…
A Business Continuity Plan (BCP) is crucial for any company, particularly regulated financial institutions. A BCP outlines the steps a company should take to keep providing necessary products and services…
If you don't invest in RISK MANAGEMENT, it doesn't matter what business you're in, it's a risky business. GARY David COHN (2011) Environmental Risk Management Singapore addresses risks from the…