According to Section 34 of the Monetary Authority Act, the Authority is empowered to create or modify Rules, Statements of Guidance, and Statements of Principle. Additionally, Section 48 mandates the issuance of a Regulatory Handbook, which details the Authority’s policies and procedures in executing its regulatory and cooperative responsibilities.

Below, you'll find an index of measures that includes a checklist for Rules, Statements of Guidance, Regulatory Policies, Regulatory Procedures, and Forms related to the Trust sector.

Rules

These are clear and specific directives issued to licensees on topics considered crucial for the prudent supervision of regulated entities. These rules are binding, and non-compliance may result in fines or other regulatory actions by the Authority under its regulatory powers.

Statement of Guidance ("SOG")

This guidance is designed to help licensees comply with relevant laws, regulations, rules, and principles, or to outline standards for business conduct. The guidance includes recommendations on operations, and the Authority uses these recommendations as benchmarks for assessing compliance by licensees.

Regulatory Policy

These are sets of principles or criteria that guide the decisions and actions taken by the Authority in its regulatory and cooperative duties.

Regulatory Procedure

These are specific actions, activities, or tasks that the Authority undertakes in carrying out its regulatory and cooperative functions.

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