Author Archives: compliancetransparency

MAS issued the consultation paper on 25 April 2023. This response pertains to proposed amendments to the advertisement requirements under the Financial Advisers Regulations, Securities and Futures (Licensing and Conduct of Business) Regulations, (jointly “Advertisement Regulations”) and Notice FAA-N02 on Appointment and Use of Introducers. For the full details, refer to https://www.mas.gov.sg/publications/consultations/2023/consultation-paper-on-enhancing-safeguards-for-digital-prospecting-and-marketing-activities Disclaimer: The information,Continue reading “MAS Responses to Consultation Paper on Enhancing Safeguards for Proper Conduct of Digital Advertising Activities – Amendments to Advertisement Regulations (22 May 2026)”

The proposed amendments seek to reinforce the importance of the stipulated risk management measures and strengthen financial institutions’ technology resilience amidst the increasing digitalisation and evolving risk landscape. A summary of the key areas is as follows. For the full details, refer to https://www.mas.gov.sg/publications/consultations/2026/consultation-paper-on-proposed-amendments-to-notices-on-technology-risk-management Disclaimer: The information, views or opinions expressed are provided for generalContinue reading “MAS Consultation Paper on Proposed Amendments to Notices on Technology Risk Management (10 June 2026)”

MAS issued the consultation paper on 17 December 2025 to seek feedback on proposed updates to the Guidelines. The MAS responses and updated Guidelines were published on 2 July 2026. Below is a summary of the key points. FMC is expected to apply and adopt the liquidity risk management practices set out in these GuidelinesContinue reading “MAS Guidelines on Liquidity Risk Management Practices (Fund Management Companies) updates – 2 July 2026”

The information paper sets out MAS’ supervisory expectations and good practices observed in the following areas. Financial Institutions (FIs) are expected to benchmark their policies and processes against these practices and implement enhancements, commensurate with their business and risk profile, to strengthen their control frameworks. For the full details, refer to to https://www.mas.gov.sg/publications/monographs-or-information-paper/2026/information-paper-on-good-practices-of-market-conduct-controls-in-the-financial-advisory-industry Disclaimer: TheContinue reading “MAS Information Paper on Good Practices of Market Conduct Controls in the Financial Advisory Industry (26 May 2026)”

This information paper sets out MAS’ supervisory expectations for effective governance structures, frameworks, policies and procedures, and controls for overseeing and managing the FMCs’ investment process. The paper provides examples of good practices and areas for improvements. Fund Management Companies (FMCs) can adopt a risk-based and proportionate approach, considering the size, scale and complexity ofContinue reading “MAS Information Paper on Risk Management Practices for Fund Management Companies (29 May 2026)”

This information paper sets out MAS’ supervisory expectations for effective governance structures, frameworks, policies and procedures, and controls with respect to valuation of funds’ assets. The paper provides examples of good practices and areas for improvements. Fund Management Companies (FMCs) can adopt a risk-based and proportionate approach, considering the size, scale and complexity of theirContinue reading “MAS Information Paper Valuation Practices for Fund Management Companies (29 May 2026)”

The Guidelines set the expectations for asset managers (“AMs”) to manage the transition and physical risks they and their portfolios face from climate change. The Guidelines will take effect from September 2027 and are an addendum to the Guidelines on Environmental Risk Management issued in 2020. AMs should implement the Guidelines in a way thatContinue reading “MAS Guidelines on Environmental Risk Management – Transition Planning (5 March 2026)”

The consultation paper was issued in 2022 proposing to implement changes to the misconduct reporting requirements. A summary of the key responses is as follows and the revised requirements will come into effect on 1 January 2027. FIs are expected to have internal processes to identify root cause of misconduct, implement remedial actions, and addressContinue reading “MAS Response to Consultation Paper on Revised Notices on Misconduct Reporting Requirements – 30 December 2025”

The information paper sets out MAS’ supervisory expectations, good practices observed and areas for enhancement when assessing whether appointed representatives are fit and proper to carry out regulated activities. Some of the key supervisory expectations and good practices include having structured recruitment policies and processes approved by senior management, implementing risk mitigating measures (eg. enhancedContinue reading “MAS Information Paper – Thematic review of Financial Institutions’ recruitment and onboarding training of representatives (4 December 2025)”

The MAS proposes guidelines to enhance management of AI risks and to be applied in a proportionate manner by Financial Institutions (FI). The scope of AI includes AI based on machine learning, deep learning, reinforcement learning techniques, as well as Generative AI, AI agents and any newer AI technologies. FIs should institute basic policies forContinue reading “MAS Consultation Paper on Proposed Guidelines on Artificial Intelligence Risk Management for Financial Institutions (Nov 2025)”