The attached document is ComplianceAsia’s overview of these changes.

Client Information Sheet on Singapore Capital Framework April 2012

Hosted by Deutsche Bank

Tuesday, 13 March 2012

As part of our series of regulatory briefings we are pleased to host a seminar on the new MAS requirements for fund managers to implement written risk management frameworks

We will cover topics such as:

• What international experience shows in relation to written risk management procedures?
• What risks need to be assessed? 
• How to assess the operational, governance and portfolio risks applicable to you; 
• How to scale risk procedures to small firms; 
• Problems with embedding and testing risk management; 
• Use of risk management reports / systems – pros and cons; 
• Escalation and reporting lines issues for risk managers; 
• Requirements for independent risk reviews and risk audits.

We are delighted to have Robert Grome, PWC Singapore and Mark Wightman Head ofStrategy, APAC at SunGard joining Philippa Allen, CEO of ComplianceAsia, as we discuss this topic.

The seminar will be at Deutsche Bank AG, One Raffles Quay, Singapore.

Registration:    4.30pm

Presentation:    5:00pm (sharp)

Drinks:              6.30pm to 7.30pm

We hope you can join us, we expect demand for this to be strong so please register early.  There will be no cost for this event. Singapore CPT/CPD will apply to this for all license types.

If you wish to attend please email Samantha Carrington: Samantha dot Carrington at complianceasia.com

As part of our series of compliance breakfast briefings for compliance officers and those responsible for the compliance function in Hong Kong we are pleased to host a seminar where we will discuss the new AML rules that will come into force on 1^st April 2012.

The new rules will apply to all financial companies, in the securities, banking and insurance sectors and will act as a guideline to assist those companies to implement appropriate policies and procedures and consequently reduce the risk of money laundering.

Philippa Allen, CEO of ComplianceAsia, will focus on giving practical guidance to people in charge of AML on how to implement the new customer identification requirements covering;

• Customer Due Diligence (CDD)
• Identification vs Verification
• Beneficial Ownership
• How to establish indirect control
• Identification of complex corporate structures
• PEP identification

The meeting will be at the Mandarin Oriental in Connaught Road with registration from 7:30am and the talk beginning at 8am sharp and will run until 9.30am.  Following the presentations there will be a Q&A.

We hope you can join us, we expect demand for this to be strong so please register early. Cost is HK$700 including breakfast.  HK CPT will apply to this for all license types

For registration, please email to: samantha dot carrington at complianceasia.com