Regulatory Alerts2025-03-28
Added · Updated
Response to Consultation on Pre and Post-Transaction Safeguards for Retail Clients and Revisions to FAA-N16, FAA-N20, and FAA-G14
The Monetary Authority of Singapore issued this circular to announce the final response to its July 2024 consultation on legislative amendments enhancing pre and post-transaction safeguards for retail clients. The document introduces revised versions of MAS Notice FAA-N16, MAS Notice FAA-N20, and FAA-G14, along with associated FAQs, which are scheduled to take effect on 29 December 2025. MAS strongly encourages financial advisory firms to implement these updated requirements early where feasible.
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