Regulatory Compliance Support for Your Financial Institution

Meet Your Regulatory Requirements

Get the fitting support to efficiently and effectively meet your requirements under MAS regulations.

Efficient Regulatory Compliance

Focus on your core business by entrusting your compliance obligations to regulatory experts.

Leverage Compliance Expertise

Draw on our expertise to develop and implement practical solutions to comply with MAS regulations.

Get Tailored Compliance Support

We provide regulatory compliance support for all your business needs.
Ingenia provides advice on MAS regulations and executes your compliance tasks. You select the level of support – from advisory to fully outsourced compliance – your business requires you to comply with MAS regulations.

We assist in the implementation and execution of compliance controls across the full range of MAS regulations for fund management companies (RFMC, VCFM, A/I LFMC, LFMC), other entities holding a capital markets services (CMS) licence, financial advisers, and payment institutions, including digital payment tokens/cryptocurrencies.

Governance

  • Assistance in quarterly and annual filings
  • Assistance in ad hoc filings and notifications, e.g. for changes in activities or organisation

  • Alerts on regulatory developments
  • Advice on the implementation of changes in business, organisation, operations or due to regulatory developments
  • Assistance in drafting of amendments to policies and procedures
  • Regular review of existing policies and procedures

  • Establishing of ML/TF EwRA
  • Regular updating of ML/TF EwRA

  • Monitoring of regulatory requirements
  • Monthly compliance report
  • Discussions with board of directors upon request
  • Interaction with internal and external auditor on compliance matters

Customers

  • AML/CFT screening with screening tool using a commercial database
  • CDD assessment
  • Investor classification
  • Monitoring for “trigger events”
  • Transaction monitoring
  • Suspicious transaction reporting (STR)

    • Monitoring of complaints
    • Assistance in investigation of complaints

    • Review of marketing material
    • Assistance in review of advertisements
    • Assistance in assessment of introducers
    • Assistance in maintaining script for introducers
  • Review of introducer register

    • Human Resources

    • Facilitating fit and proper self-assessment
    • Verification of fit and proper status

    • Assessment of conflicts of interest
    • Regular review of register of conflicts of interest, including personal trading, gifts and entertainment, shareholdings and directorships

    • Assistance in filings for new staff
    • Assistance in filings for changes in information on staff
  • Assistance in misconduct reporting

    • Continuous e-learning
    • Annual in-person compliance training

    • Monitoring of whistleblowing and staff complaints
    • Investigation of whistleblowing or complaints and misconduct cases

    Operations

    • Assistance on notification of fund gating or suspension or reportable redemptions
    • Screening on investee companies

    • Outsourcing questionnaire
    • Initial assessment of outsourced service provider
    • Assessment of outsourcing agreement
    • Regular re-assessment of outsourced service provider
  • Regular review of outsourcing register

    • Regular review of IT asset register
    • Assistance in reporting on critical incidents

    • Reminder to conduct periodic BCP exercise
    • Reminder for review of BCP and attestation by the board of directors
    We ensure that all your compliance obligations are addressed in a practical and efficient manner.
    Meet Our Head of Regulatory Compliance Services

    Rolf Haudenschild, Co-founder

    Rolf is a recognised expert in compliance with MAS regulations and combines this knowledge with business acumen acquired in his own company. After qualifying as an attorney, Rolf started his career in a Swiss global bank working on corporate governance. After working with the Swiss Financial Markets Supervisory Authority (FINMA), Rolf moved to Singapore, where he briefly worked in compliance of a leading regional private bank. Since 2012, Rolf is supporting financial institutions in their regulatory compliance, namely external asset managers (EAM), fund managers, and fintech companies.
    Rolf is a lecturer in compliance at tertiary institutions in Singapore and Switzerland and regularly speaks at conferences. He is also a member of the RegTech sub-committee of the Singapore FinTech Association.

    REACH OUT TO ROLF