Regulatory Alerts2024-08-20
Added
Notice CMG-N01 on Reporting of Suspicious Activities and Incidents of Fraud
The Monetary Authority of Singapore issued Notice CMG-N01 to require specific capital markets entities to lodge Form F1 within five working days of discovering material suspicious activities or fraud. The regulated entities subject to this reporting obligation include CMS licensees, approved trustees, approved exchanges, licensed trade repositories, approved clearing houses, and recognized market and clearing house operators incorporated in Singapore. This requirement applies when the identified activities or incidents are material to the safety, soundness, or reputation of the relevant entity.
Topics
Share