Overview of Financial Services

"On 21st July 2020, the Monetary Authority of Singapore (MAS) launched its Consultation Paper on the New Omnibus Act for the Financial Sector, setting out proposals for an expansion and consolidation of its regulatory powers. The proposal will have significant consequences for financial services firms operating in Singapore and especially for service providers working with digital assets (cryptocurrencies)."
Source: Comply Advantage

See also: Financial Services and Markets Bill