AML compliance Archives

VCC AML/CFT Compliance After MAS Circular IID 04/2025: What Managers and Directors Must Fix

On 26 June 2025, the Monetary Authority of Singapore issued Circular No. IID 04/2025, Governance and Management of Variable Capital Companies (VCCs), addressed to chief executive officers of fund management companies holding a Capital Markets Services licence and to institutions exempt from that licence. The circular set out the findings of a thematic review MAS [...]

By The Raffles Corporate Services Editorial Team|2026-09-23T00:25:18+08:00September 23rd, 2026|Running a Company|

The Corporate Service Providers Act 2024: What Singapore Businesses Need to Know

What Is the Corporate Service Providers Act 2024? The Corporate Service Providers Act 2024 (CSP Act) represents one of the most significant pieces of legislation to impact the corporate services industry in Singapore in recent years. Enacted by Parliament and brought into effect on 9 June 2025, the CSP Act establishes a comprehensive regulatory framework [...]

By The Raffles Corporate Services Editorial Team|2026-04-13T09:26:06+08:00April 13th, 2026|Running a Company|