The Monetary Authority of Singapore (MAS) has initiated a public consultation to repeal the status of Registered Fund Management Company (RFMC). And granting all into Licenced Fund Management Company (LFMC). These proposed changes hold profound implications for the fund management sector, and this news article aims to provide a comprehensive understanding of the key elements and guide the organizations as they navigate this transition.
Download our leaflet today to learn about the key takeaways and how Tricor Axcelasia could help your business navigate through the ongoing regulatory changes.
HOW CAN TRICOR AXCELASIA HELP?
Tricor Axcelasia provides ongoing compliance support and regulatory updates to support companies in their strategic directions. Our team of compliance experts assist FMCs in developing robust policies, manuals and checklists (incl. AML) to safeguard the companies against breaches of prevailing laws, regulations and standards.
As you embark on your journey to become a CMSL holder, we stand ready to:
- Enhance your Compliance Framework to align with MAS’ LFMC standards.
- Deliver training sessions for your Directors and Representatives.
For more information, please contact our Tricor Singapore team: