MAS confirms regulatory approach for best execution and timeline for compliance. By Farhana Sharmeen and Marc Jia Renn Tan On 3 September 2020, the Monetary Authority of Singapore (the MAS) issued a response to feedback about its proposal for holders of a capital markets service license holders, banks, merchant banks, and finance companies that conduct certain regulated activities (Capital Markets Intermediaries) to establish policies and procedures and/or execute customers’ orders on the best available terms…
The guidelines aim to strengthen the accountability of senior managers in financial institutions. By Farhana Sharmeen and Marc Jia Renn Tan On 10 September 2020, the Monetary Authority of Singapore (the MAS) issued guidelines (the Guidelines) to strengthen the accountability of individuals who are employed by, or acting for or by arrangement with, financial institutions, and are principally responsible for the day-to-day management of key functions in financial institutions (Senior Managers), and to promote ethical…
Noted litigation funder Legalist has brought on former federal judge Jeremy Fogel to serve on its advisory board. He replaces former federal appeals court judge Richard Posner—whose health issues caused him to vacate his position at Legalist earlier this year. This content is for 1-3 Team Members, 7 Day Trial, 4-10 Team Members, 4-10 Team Members (Sponsored Member), 11-20 Team Members, 11-20 Team Members (Sponsored Member), $695 One Time Membership Rate Lock, Single Subscription, Additional…
As Litigation Finance has grown, so has industry suspicion over the practice. Some groups are obsessed with the idea that lit fin requires greater oversight and even reform. In August of this year, the ABA distributed its Best Practices for Third-Party Litigation guidelines. This document is the first time the ABA has formally addressed Litigation Finance since 2012. This content is for 1-3 Team Members, 7 Day Trial, 4-10 Team Members, 4-10 Team Members (Sponsored…

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