Effective risk management is essential for maintaining regulatory compliance and operational resilience. Curia Regis provides practical insights on risk governance and MAS expectations. Our articles cover operational risk, third-party risk and technology risk for financial institutions in Singapore.
The Monetary Authority of Singapore (MAS) recently strengthened how Regulated Financial Institutions (FIs) in Singapore establish Sources of Wealth for customers and their Beneficial Owners. This is part of an…
Business Continuity Management Singapore practices are under renewed scrutiny following the recent global IT outage affecting CrowdStrike (CS). The outage disrupted a key provider on 19 July 2024, prompting Financial…
On 30 May 2024, MAS issued its updated Guidelines on Fair Dealing (FSG-G04). The MAS fair dealing guidelines help Boards and Senior Management of FIs align their internal processes to achieve…
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…
The RFMC to LFMC transition addresses the disparity between Registered Fund Management Companies ("RFMC") and Capital Market Services License ("CMS") holders for Fund Management ("LFMC"). It consolidates the two regimes…
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 MAS outsourcing guidelines applicable to non-Bank Financial Institutions such as Fund Management…
On the 29th of November 2023, the Monetary Authority of Singapore (MAS) has revised its Guidelines on Licensing and Business Conduct for Fund Management Companies [SFA 04-G05]. This guideline provides Fund…
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…