Monetary Authority of Singapore Regulations to Consider

 

 

Singapore is well known not only for their clean streets and tall buildings but as well as with their parliament government authoritativeness and their disciplined citizens. That this country is even considered as the primary symbol of success when abidance and orderliness are present.

Peace and order are implemented not only on their avenues and roadways, and also with the trading of their Financial Institutions and Market Properties. Where they have enforced Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) as their vital foundation to continue to monitor mobile phone recording in each trades of their private sectors.

In addition to their compliance, MAS has even publicly published the Singapore Guide to Conduct and Market Practices to ensure that all institutions are complying that all mobile communications are aligned with the MAS and SGX archiving regulations. This is their policy and guide that FIs or Financial Institutions and Market Properties must record all conversation for five days in a row, which includes with the mobile transaction between their trading participants and with the person who is conducting the trades and orders, and even communications between the two in which operation is not bestowed.

If you want to learn more about the policies of Monetary Authority of Singapore and what are the circumstances that you will face if it does not comply, then read the infographic by TeleMessage:

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