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MAS consults on proposed enhancements to disclosure requirements for sale of investment-linked policies

Singapore - July 30 2015 On 26 June 2015, the Monetary Authority of Singapore (the "MAS") issued a consultation paper and sought comments on proposed enhancements to...

Sanjiv Kumar Rajan, Corina Song.


MAS consults on proposals to introduce new regulatory framework for OTC intermediaries and simplify licensing and business conduct requirements for providing execution-related advice and marketing of CIS

Singapore - July 30 2015 On 3 June 2015, the Monetary Authority of Singapore (the "MAS") released a Consultation Paper on "Policy Consultation on Regulatory Framework for...

Karen Tiah, Wong Sook Ping, Adrian Ang.


MAS Act amended on 26 June 2015: strengthening MAS powers to enforce Singapore anti-money laundering and countering of financing of terrorism regime

Singapore - July 30 2015 On 26 June 2015, the Monetary Authority of Singapore Act (the "MAS Act") was amended to strengthen the supervisory powers of the Monetary Authority...

Karen Tiah, Aaron Lee, Vincent Leow.


Financial Advisers (Amendment) Bill 2015 and Insurance (Amendment) Bill 2015 passed in Parliament, not yet in force: implementing FAIR recommendations and inspections by foreign regulatory authorities

Singapore - July 30 2015 On 13 July 2015, the Financial Advisers (Amendment) Bill 2015 and the Insurance (Amendment) Bill 2015 (collectively, the "Bills") were passed in...

Karen Tiah, Wong Sook Ping, Adrian Ang.


MAS Proposes Enhancements to Resolution Regime for Financial Institutions in Singapore including statutory bail-in powers

Singapore - July 30 2015 From 23 June 2015 to 22 July 2015, the Monetary Authority of Singapore (the "MAS") sought feedback on proposed enhancements to the resolution regime...

Karen Tiah, Wong Sook Ping, Adrian Ang.