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Eunice Tan

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Eunice Tan is a local principal in the Financial Services Regulatory Practice Group of Baker McKenzie's Singapore office. She specialises in regulatory, legal and compliance matters affecting the financial services industry. She has been consistently recognised in Legal 500 Asia Pacific as the Next Generation Lawyer for Financial Services Regulatory, where she was "singled out for being smart and having the ability to navigate the Singapore regulatory landscape" and "is responsive, pleasant and willing to explore different parameters". Eunice graduated from King's College, London in 2004. She was admitted as Barrister-at-Law of England & Wales in 2005 and was called to the Singapore Bar in 2007.

To provide greater clarity on the existing misconduct reporting requirements for representatives and broking staff, and enhance standards of investigations on misconduct, MAS will be revising the misconduct reporting regime. Further, to standardise industry practices on due diligence conducted on prospective representatives and broking staff, MAS will be mandating financial institutions to perform and respond to reference check requests, with a list of baseline mandatory information that must be obtained or provided in the reference check.

In brief The Monetary Authority of Singapore (MAS) has recently revised its Technology Risk Management Guidelines 2021 (“TRM Guidelines”)1 after feedback from a 2019 public consultation2 and engaging with cyber security experts. While there is some overlap between the TRM Guidelines and the previous 2013 edition of the TRM Guidelines (2013 edition),…

The Monetary Authority of Singapore (MAS) proposes a new Omnibus Act1 (New Act), which will contain a new regulatory framework for Singapore digital token service providers performing digital token services outside Singapore. The new regulatory framework entails two key aspects: (a) licensing requirements; and (b) anti money laundering (AML) and countering the financing of terrorism (CFT) regulations

On 6 August 2019, the Monetary Authority of Singapore (“MAS”) issued a set of legally binding requirements that financial institutions must take to mitigate the growing risk of cyber threats. These requirements are contained in the following notices (collectively, “Cyber Hygiene Notices”): MAS has also issued a set of Frequently…

On 10 April 2019, the Monetary Authority of Singapore (MAS) issued a consultation paper on the Proposed Payment Services Regulations (Consultation Paper).1 You may read our previous alerts on the features of the version of the Payment Services Bill released for public consultation, and the subsequent updating notes describing the…