Latest updates

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Updates on COMPASS Bonus Criteria

The Ministry of Manpower (MOM) has released details on the COMPASS Bonus Criteria, comprising the Skills Bonus (Criterion 5) and the Strategic Economic Priorities Bonus (Criterion 6).
  • 05/04/2023
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  • Press release

A word from the Committee by David Doerig, AIWM Treasurer

While we had a great start to the year, our Q2 events calendar is as exciting, if not more. Gear up for a relentless stream of adrenaline rush with activities back by popular demand! Save the dates in your calendar now
  • 05/04/2023
  • |
  • News

Compliance Insight – April 2023

The MAS published a Circular on Money Laundering and Terrorism Financing Risks in the Wealth Management Sector. In this circular, the MAS highlights AML/CFT obligations of financial institutions in wealth management and their respective expectation.
  • 05/04/2023
  • |
  • AIWM
  • Compliance updates

March 8 AIWM Regulatory & Compliance Update Presentations

We are grateful to Nithi Genesan, Waystone Compliance Solutions, and Saw Meng Tee, EisnerAmper Global for their time and effort as they go through to the latest regulatory changes and key trends for 2023 as well as the tax considerations and updates for our industry. Members can expect more sessions like this.
  • 13/03/2023
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  • Compliance updates
  • Associate
  • Ordinary

A word from the Committee by Cynthia See, AIWM Secretary

Singapore adjusted its Dorscon (Disease Outbreak Response System Condition) level from yellow to green and thereafter, Budget 2023 was delivered, setting out a comprehensive range of measures for us to “move forward in a new era”.
  • 08/03/2023
  • |
  • News

Compliance Insight – March 2023

The MAS reminded financial institutions once again to activate their access to MAS-Tx, the new platform for interactions with MAS, at the latest by 17 March 2023. EAMs should access the platform as described in Circular No. CMI 28/2022 and ensure that they can access all relevant services for their submissions.
  • 03/03/2023
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  • AIWM
  • Compliance updates
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