Regulatory Alerts2024-11-15
Added · Updated
Risk-based Supervision of Approved Money Brokers
The regulator issued Supervisory Policy Manual Module MB-1 on November 15, 2024, to establish a risk-based framework for the supervision of approved money brokers. This new module replaces previous guidelines and introduces updated supervisory expectations for the approval and ongoing oversight of money broker activities. The policy aims to strengthen regulatory oversight by aligning supervisory intensity with the specific risks posed by these financial intermediaries.
SPM-SGL
Current
Issue Date:
15 Nov 2024
MB-1.pdf (380.0 KB)
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
15 Nov 2024
New Supervisory Policy Manual (SPM) Module MB-1 on “Risk-based Supervision of Approved Money Brokers”
SPM
Current
10 Apr 2025
GL Glossary
SPM
Current
17 Jan 2025
IN Introduction
CIR
Current
15 Nov 2024
New Supervisory Policy Manual (SPM) Module MB-1 on “Risk-based Supervision of Approved Money Brokers”
SPM
Current
10 Apr 2025
GL Glossary
SPM
Current
17 Jan 2025
IN Introduction
Version History
Superseded Document
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