Curia Regis provides insights, expert advise and support on regulatory compliance matters for financial institutions in Singapore. We highlight the latest MAS requirements, industry guidelines, and compliance best practices to help regulated entities meet their ongoing obligations.
Introduction The Markets in Crypto-Assets Regulation (MiCA) represents a landmark piece of European legislation designed to comprehensively regulate the rapidly evolving crypto-asset market. It is also seen as the end…
The Fund Management sector in Singapore is a mature market, and now caters to various types of investors and their specific needs. Fund Management today can primarily be grouped into…
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…
Who is the Wolfsberg Group?The Wolfsberg Group (the Group) is an alliance of 13 global banks formed in 2000 to develop anti-money laundering and counter-terrorist financing guidelines. Its members collaborate…
The regulators in Singapore have been busy in recent times, issuing multiple circulars and information papers detailing the expected market standards and supervisory expectations for Financial Institutions (FIs) in relation…
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…
There have been an array of new circulars, guidelines and announcements from the Monetary Authority of Singapore (MAS) recently, relating to the improvement of Anti-Money Laundering/ Countering the Financing of…