Regulatory Alerts2021-03-05
Added
CMI 27/2018 Controls and Disclosures for Licensed Securities-Based Crowdfunding Operators
The Monetary Authority of Singapore issued CMI 27/2018 to mandate specific controls and disclosure measures for licensed securities-based crowdfunding operators. The circular requires these operators to implement robust processes for assessing issuers, managing defaults or cessations, and accurately disclosing interest and default rates. These requirements aim to enhance operational risk management and ensure transparency in securities crowdfunding activities.
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