July 1, 2015
The updated Monetary Authority of Singapore ("MAS") Notices to financial institutions on the Prevention of Money Laundering and Countering the Financing of Terrorism was issued on 24 April 2015, which subsequently come into effect in two phases on 24 May 2015 and on 24 July 2015.
In view of the updates, corporate partner Jacqueline Loke hosted a tea time seminar for fund management companies, to discuss the updates and the measures needed to address their requirements relevant to them.
About Dentons Rodyk
Dentons is the world's largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Labs and the Nextlaw Global Referral Network. Dentons' polycentric approach and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.
Dentons Rodyk & Davidson LLP is a limited liability partnership registered in Singapore with Registration No. T07LL0439G, and a member of Dentons' global legal practice.