Obtaining and maintaining regulatory licences requires careful planning and ongoing compliance. Curia Regis provides guidance on MAS licensing requirements, application processes, regulatory obligations and supervisory expectations for financial institutions in Singapore.
In Singapore’s highly regulated financial ecosystem, the collapse of Tokenize Xchange, operated by AmazingTech Pte Ltd (ATPL), illustrates how swiftly purported deficiencies in governance and compliance can trigger regulatory intervention.…
Singapore's Variable Capital Company (VCC) regime has rapidly gained momentum since its 2020 launch. It gives fund managers flexibility while keeping them under close regulatory watch. Because the Monetary Authority…
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…
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…
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. This is broken down…
The MAS compliance officer training requirements were updated on 23rd February 2024. The Monetary Authority of Singapore (MAS) revised its Guidelines on Licensing and Business Conduct for Fund Management Companies…
Following MAS' decision to repeal the RFMC regime in 2024, understanding the RFMC repeal timelines is crucial for Registered Fund Management Companies (RFMC) navigating this transition. MAS has set out…