Coutts Co fined in Singapore
Coutts & Co. has been fined by the Monetary Authority of Singapore for allowing an employee to conduct fund management activities without the required authorisation.
MAS
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Draft balanced scorecard details released by MAS
Further details have emerged of the Monetary Authority of Singapores new balanced scorecard initiative, under which financial advisers will be assessed to ensure they are providing high quality advice.
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MAS publishes draft FAIR legislation
The Monetary Authority of Singapore has published draft legislation which will bring many of the proposals from the Financial Advisory Industry Review into law.
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Assisted living fund gets MAS approval
The Castel Residential Property Fund has received distribution approval from the Monetary Authority of Singapore, allowing the company to invest in the emerging asset class of residential assisted living.
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FATCA inches closer to law in Singapore
The Monetary Authority of Singapore (MAS) has published proposed regulations, enshrining Americas controversial tax Act FATCA into law.
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ASEAN cross-border framework launched
The ASEAN collective investment scheme framework (CIS) has been launched, allowing investors in Singapore, Malaysia and Thailand access to cross-border financial products.
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singapore not gaining from illicit flow
Singapore has put in place measures to prevent fund flows linked to anti-money laundering and tax avoidance from jurisdictions such as Switzerland, Monetary Authority of Singapore managing director Ravi Menon has said in an interview.
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Commission-free insurance will force change
The proposed commission-free life insurance direct sales channel in Singapore will prompt companies to re-evaluate their distribution channel strategies, says Fitch Ratings.
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Commission-free insurance available
The Monetary Authority of Singapore (MAS) has today announced the features of standardised life insurance products which will be possible to purchase directly from insurance companies by early next year.
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Specifics of Singapore insurance channel
The Monetary Authority of Singapore (MAS) has announced that it will release details of its direct insurance product channel by the end of the month.
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Singapore to regulate non conventional
The Monetary Authority of Singapore has announced a set of measures to offer enhanced protection to investors, which includes bringing some non-conventional investment products under its regulatory purview.
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Singapore to start overnight RMB liquidity
Singapore is to introduce an overnight renminbi liquidity facility to meet the short-term financing needs of financial institutions trading in the Chinese currency.