The global asset management industry crossed US$100 trillion in 2020, with Singapore’s assets under management growing 17% to US$3.5 trillion. Managers across traditional and alternative sectors, as well as leading global public owners, continued to anchor their investment teas in Singapore to tap the region’s growth opportunities and to domicile their investment funds in Singapore. From index funds, investment-linked funds, and sector/geographic funds, the range of products has expanded rapidly to Shariah-compliant funds, ESG funds, and digital token funds.
With the growth of such products and funds, compliance managers should expect to wrestle with considerations and challenges associated with product structuring and distribution, such as regulatory and licensing requirements, sales and marketing restrictions, product risk assessments, product registrations, ongoing compliance/reporting obligations, due diligence assessment and ongoing monitoring of distribution channels, and cross-border concerns. For financial advisory firms, considerations and challenges also include understanding licensing requirements on financial advisory, suitability assessment and concerns about conflicts of interest.
This module addresses the above and aims to equip participants with the relevant skills to understand and manage compliance risks in the asset management and financial advisory services industry in line with regulatory expectations.
Total Training Duration / CPD Hours : 13
Core FAA CPD : 8
Core SFA CPD : 8
Classroom Hours : 13