by Willie Tan | Jul 9, 2025 | Glossary
Financial Advisers Licenses are issued by the Monetary Authority of Singapore (MAS), specifically under the Financial Advisers Act (FAA) (Cap. 110 or 2001). This licensing regime is distinct from the Payment Services Act (PS Act) and the Securities and Futures Act...
by Willie Tan | Jul 9, 2025 | Glossary
Capital Markets Services (CMS) Licenses are issued by the Monetary Authority of Singapore (MAS) under the Securities and Futures Act 2001 (SFA). The SFA establishes a comprehensive regulatory regime for financial products, for persons who deal in such products, and...
by Willie Tan | Jul 9, 2025 | Glossary
The Monetary Authority of Singapore (MAS) issues Payment Services Act (PS Act) licenses for persons conducting payment services in Singapore, unless exempted. There are three types of licenses under the PS Act: Money-Changing (MC) licence Standard Payment...
by Willie Tan | Jul 9, 2025 | Glossary
An Employee Share Option Plan (ESOP) is a type of equity remuneration incentive scheme that allows a company’s employees to acquire shares in the company or its holding company. These schemes are a form of employee benefit, where compensation includes elements...
by Willie Tan | Jul 9, 2025 | Glossary
The Electronic Register of Members (eROM) is a centralised register maintained by the Registrar of Companies (which is part of the Accounting and Corporate Regulatory Authority or ACRA) for private companies in Singapore. This system was implemented on and after 3...
by Willie Tan | Jul 9, 2025 | Glossary
The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator, playing a crucial role in overseeing and promoting the stability and development of the nation’s financial system. Here’s a comprehensive...
