REGULATORY
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 …
MAS Information Paper [FAA-IP01]: Elevating The Management of Financial Advisory Companies From Compliance To Client Servicing
On 31 July 2024, the Monetary Authority of Singapore (MAS) released an updated Information Paper titled ‘Good Practice for Licensed …
AML/CFT MAS CIRCULAR ON SOURCE OF WEALTH OF CLIENTS
On 26 July 2024, Monetary Authority of Singapore (MAS) issued a circular, “AMLD Circular 08/2024 – Establishing the Sources of …
Singapore Updates on Money Laundering National Risk Assessment (2024 edition): How relevant to your business?
The Singapore Money Laundering National Risk Assessment (‘MLNRA24’) was released on 20 June 2024. The MLNRA24 produced by the Ministry …
MAS Issues Fair Dealing Guidelines for ALL Financial Institutions
In today’s financial landscape, MAS revised guidelines emphasize fair dealing, suitable products, competent representation, clear information, and effective complaint handling …