As different appointments and designations entail different responsibilities, the Fit and Proper Guidelines would be applied in a manner and to the extent that is suitable to the relevant circumstances. The onus is on each appointed SFA/FAA representative to establish that it or he/she is a fit and proper person rather than for MAS to show otherwise.

Understand:

• The key fit and proper requirements
• The due diligence needed prior to appointment
• The conflicts assessment needed prior to appointment
• The on-going measures to be taken

Module 1: Singapore’s Approach to Fit and Proper Requirements

Module 2: Understanding Fit and Proper Requirements

Module 3: Due Diligence Needed for Proposed Representatives

Module 4: Assessing Competence, Capability, and Conflicts of Interest

Module 5: Ongoing Measures

Assessment – MCQ