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.
Notices
Last Revised Date: 20 August 2024
Notice CMG-N01 on Reporting of Suspicious Activities and Incidents of Fraud
When to report suspicious activities and incidents of fraud.
View Notice
Notice CMG-N01 on Reporting of Suspicious Activities and Incidents of Fraud
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This notice requires the following entities to lodge Form F1 with MAS within 5 working days after the discovery of any suspicious activities and incidents of fraud, where such activities or incidents are material to the safety, soundness or reputation of the relevant entity:
Capital markets services (CMS) licensees.
Approved trustees.
Approved exchanges.
Licensed trade repositories.
Approved clearing houses.
Recognised market operators which are incorporated in Singapore.
Recognised clearing house operators which are incorporated in Singapore.
20 Aug 2024 Notice CMG-N01 (Amendment) 2024 (88.8 KB) takes effect. 05 Oct 2018 Notice CMG-N01 (Amendment) 2018 (137.6 KB) takes effect. 06 Mar 2014 Notice CMG-N01 (Amendment 2014) (90.2 KB) takes effect.
Requirements for approved trustees on anti-money laundering (AML) and countering the financing of terrorism (CFT).
Requirements for capital markets intermediaries on anti-money laundering (AML) and countering the financing of terrorism (CFT).
Guidelines for capital markets intermediaries on Notice SFA04-N02 on the prevention of money laundering and countering the financing of terrorism.
Guidelines for approved trustees on Notice SFA 13-N01 on the prevention of money laundering and countering the financing of terrorism.
This notice was cancelled with effect from 10 May 2024.
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