2025

MAS Tightens Reporting of Misconduct of Financial Advisers

Background On 30 December 2025, MAS introduced MAS Notice FAA-N27 (“Notice”), which replaces Notice FAA-N14 and updates the framework for …

MAS issues major consultation on Enhanced Liquidity Risk Management for Fund Management Companies

Background In December 2025, the Monetary Authority of Singapore (“MAS”) issued a Consultation Paper proposing updates to the Guidelines on Liquidity Risk Management Practices …

Thematic Review of Financial Institutions’ Recruitment and Onboarding Training of Representatives

Background On 4 December 2025, the Monetary Authority of Singapore issued a thematic review of Financial Institutions’ (FI) recruitment and …

MAS Guide on the Tokenisation of Capital Markets Products — Key Updates and Implications

Background On 14 November 2025, MAS issued its Guide on the Tokenisation of Capital Markets Products, replacing the Digital Token Offerings …

MAS issues Consultation Paper on Guidelines on AI Risk Management

Background  In November 2025, MAS issued a consultation paper proposing the introduction of the Guidelines on Artificial Intelligence Risk Management (“Guidelines”), aimed at …

Law Society of Singapore issues new directives to tighten AML standards

Overview The Law Society of Singapore issued an updated Practice Direction 3.2.1 – Prevention of Money Laundering, Financing of Terrorism and Proliferation …