As ESG regulation in Asia develops at an increasing pace, Latham lawyers give an update on noteworthy developments across the region....more
8/28/2023
/ Asia ,
China ,
Climate Change ,
Consultation ,
Corporate Governance ,
Environmental Social & Governance (ESG) ,
Hong Kong ,
Japan ,
Monetary Authority of Singapore ,
Popular ,
Regulatory Requirements ,
Singapore ,
South Korea
The Monetary Authority of Singapore announced a new framework that seeks to ensure value stability for stablecoins regulated in Singapore.
On 15 August 2023, the Monetary Authority of Singapore (MAS), Singapore’s primary...more
MAS has published new requirements for DPT service providers and a consultation paper on additional regulations and prohibitions against unfair trading practices.
On 3 July 2023, the Monetary Authority of Singapore...more
7/21/2023
/ Blockchain ,
Consultation ,
Custody ,
Financial Institutions ,
Financial Services Industry ,
Monetary Authority of Singapore ,
Payment Systems ,
Payment Tokens ,
Singapore ,
Token Sales ,
Trusts
The guidelines set out the MAS’ expectation that digital payment token service providers should not promote their services to the general public in Singapore.
On 17 January 2022, the Monetary Authority of Singapore (the...more
Regulators seek to expand market connectivity for wealth management products and enhance financial institutions’ environmental risk management.
This blog post summarises key regulatory developments in Hong Kong and...more
Upgraded legislation creates an enhanced regulatory framework for the new age of payments, including e-money and digital payment tokens.
After much anticipation, and following consultations with the industry at large, the...more
1/31/2020
/ Digital Wallets ,
E-Money ,
Financial Institutions ,
Licensing Rules ,
Monetary Authority of Singapore ,
New Regulations ,
Payment Systems ,
Prepaid Payment Products ,
Regulatory Requirements ,
Singapore ,
Token Sales
MAS hopes to strengthen controls on market abuse with new client identification and record keeping requirements for FIs.
Key Points:
..In August 2019, the Monetary Authority of Singapore (MAS) proposed four new...more
8/9/2019
/ Beneficial Owner ,
Broker-Dealer ,
Capital Markets ,
Client Identification Rule ,
Electronic Identification ,
Financial Institutions ,
Market Abuse ,
Monetary Authority of Singapore ,
Penalty Enhancements ,
Recordkeeping Requirements ,
Singapore ,
Traders
Best execution is currently a hot topic for global regulators and the past year has seen notable regulatory focus in this area. Amid this development, firms are recommended to review their global best execution compliance...more
Initial Coin Offerings (ICOs) involve issuers offering virtual coins or tokens that are created and disseminated using distributed ledger or blockchain technology. The capital raised from the offer will fund the development...more
9/5/2017
/ Blockchain ,
Canadian Securities Administration ,
Cross-Border Transactions ,
Distributed Ledger Technology (DLT) ,
Financial Conduct Authority (FCA) ,
FinTech ,
Howey ,
Initial Coin Offering (ICOs) ,
Monetary Authority of Singapore ,
Securities ,
UK