Under Section 34 of the Monetary Authority Act, the Authority is empowered to issue or modify Rules, Statements of Guidance, and Statements of Principle. Additionally, Section 48 allows for the creation of a Regulatory Handbook, which outlines the policies and procedures the Authority follows in executing its regulatory and cooperative duties.

Below is a summary of the measures, including a checklist for Rules, Statements of Guidance, Regulatory Policies, Regulatory Procedures, and Forms relevant to the Corporate Services sector.

Rules

These are specific directives issued to licensees on critical topics that the Authority deems necessary for prudent oversight. These directives are binding on all licensees, and failure to comply may result in fines or other regulatory actions, as empowered by the relevant laws.

Statement of Guidance ("SOG")

Guidance provided to help licensees adhere to applicable laws, regulations, rules, and principles. It outlines recommended practices for business operations and serves as a benchmark for the Authority to assess compliance.

Regulatory Policy

These are sets of principles or criteria established to direct the decisions and actions of the Authority in fulfilling its regulatory and cooperative roles.

Regulatory Procedure

These are specific actions, activities, or tasks that the Authority undertakes as part of its regulatory and cooperative functions.

Note: Items marked with NEW have been recently added or updated.