Regulatory Alerts2017-06-13
Added
Revision of Annual Fees for Local RMOs Effective 1 July 2017
The Monetary Authority of Singapore (MAS) is increasing the annual fee for locally-incorporated Recognised Market Operators from $10,000 to $20,000. This regulatory change takes effect on 1 July 2017 and marks the first adjustment since the fees were introduced in 2005. The revision is implemented to improve MAS' cost recovery mechanisms.
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