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    The Complexities of Corporate Compliance in Singapore

    Listed companies in Singapore must ensure their corporate compliance addresses a range of criteria.

    Along with robust internal policies and processes, listed companies must comply with the Securities and Futures Act (SFA) enforced by the Monetary Authority of Singapore (MAS) and also abide by SGX-enforced regulatory compliance requirements.

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    Corporate Compliance Needs Visibility and Control

    Problems arise when listed companies lack proper visibility and control mechanisms to prevent the potentially harmful actions of employees and executives.

    Issues such as conflicts of interest, insider trading, misuse of material non-public information (MNPI), money laundering and funding of illegal activities can cause significant harm to public companies.

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    Common Compliance Challenges for SGX-Listed Companies

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    Compliance with multiple authorities, often across several jurisdictions.

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    Lack of visibility and control mechanisms across the organisation.

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    Conflicts of interest can go unnoticed and unmanaged.

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    Manual transaction monitoring is slow, costly, and can miss red flags.

    The Challenge for Listed Companies

    Each year, regulators impose reprimands, enforcements, and severe penalties on listed companies that fail to meet regulatory compliance obligations. These actions can negatively impact an organisation’s reputation, share price, and even operational continuity.

    The challenge many listed companies face is that manual transaction monitoring takes significant time and cost, and can miss critical red flags.

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    The Critical Role of RegTech

    Regulatory Technology (RegTech) does the heavy lifting, enabling your listed company to minimise risk and uphold regulatory compliance more effectively.

    RegTech reduces human resource dependence to maintain corporate compliance, employing intelligent rules and time-saving automation that do the hard work for you.

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    MyComplianceOffice (MCO) is the leading compliance management platform for highly-regulated organisations across Asia-Pacific (APAC) and the globe.

    MCO delivers a consolidated platform for compliance teams to manage risk more effectively, including:

    Trade Surveillance
    Personal Account Dealing
    eCommunications Surveillance
    Digital Assets
    Conflicts of Interest

    Trade Surveillance

    Prevent trading misconduct and protect the interests of your listed company. MCO automates the monitoring of trade surveillance, market abuse and customer suitability with customisable alerts and workflows.

    The platform’s extensive rules engine automatically detects illegal and unethical trading practices, including market manipulation, fraud, money laundering, insider trading, spoofing, and more.

    Learn More

    Personal Account Dealing

    Leverage MCO’s advanced monitoring and alert processes to capture all employee trading and holding data. Simplify pre-clearance and disclosure processes to increase employee trading compliance through MCO’s modern user interface and mobile app.

    Rapidly produce complete pre-clearance and order attempt audit histories to satisfy regulatory examinations.

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    eCommunications Surveillance

    Gain control of communication channels and identify regulatory risks in real-time. MCO’s Fairwords solution detects, measures, and even prevents employees from sending potentially harmful, unethical, or unlawful messages across a broad range of channels.

    Fairwords automatically prompts employees to modify their language as they type words and phrases that trigger compliance policy exceptions.

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    Digital Assets

    Regulators are shifting from a light-touch approach for digital assets, focusing on anti-money laundering and counter-terrorism safeguards, to an investor protection perspective.

    MCO enables listed companies to easily track digital assets with dedicated pre-clearance and crypto monitoring workflows, create restriction and exemption lists, quickly evaluate employee conflicts of interest, and much more.

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    Conflicts of Interest

    Know your employees better and identify potential conflicts of interest before they become ethical or legal issues.

    MCO provides a fully integrated platform using a global company and security master dataset to proactively manage conflicts across transactions (deals, research, and trades), employees, close personal relationships, material non-public information (MNPI), and third parties.

    Learn More

    Numbers don't lie. With a growing customer base and 16+ years of experience building and perfecting our compliance management platform, the numbers tell a story of promises delivered.

    Client Countries

    105

    Database Users

    1000 K

    Rules Executed Yearly

    90 M

    Records Processed Yearly

    800 M

    What Our Customers Say

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    "We use MCO for personal trading tracking and alerts, outside business activities, political contributions. It has all the features we need for our firm in an easy-to-use interface."
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    Brooke D.
    "The electronic data feeds have streamlined our brokerage process from adding accounts/reviewing accounts to terminating accounts. We have saved paper and time!"
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    Melissa L.
    "Easy to use for both administrators and users/team members. It's a very straightforward and user-friendly tool that we've had in place for several years now. Our account team is very responsive if we do happen to have any issues."
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    Michael N.
    "The nice thing about this software is that this gives insights into the business but also guidance on how to solve most issues. By making plots it is perfect for a systemic integrated risk approach."
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    Huub V.
    "We mainly use MCO for managing pre-clearance and post-trade reporting of employees et al. concerning our restricted stocks. Further, it helps us with our Quarterly Employee Trade reviews and our Annual Compliance Confirmations."
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    Nina G.
    "Very user friendly and quick with no distractions. MCO helps us attest internal policies and declarations."
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    Siddharth J.
    "I had a great experience with onboarding. My onboarding team was responsive, well versed in the software and made sure I understood everything I needed to before concluding the onboarding. MCO is already saving me time and effort with respect to our compliance program."
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    Lisa L.
    "When I stepped into the CCO role, the system used for compliance was not user-friendly. After researching, we found that MCO best met our employee disclosure needs. The system was very easy for staff to use and allows me to monitor trades and required disclosures and create tasks for employees."
    JP
    Jamie P.

    Request Your Demo of the MCO Compliance Management Platform

    See the platform in action that is enabling listed companies to reduce the time and costs associated with mitigating risk and upholding regulatory compliance obligations.

    Request Your Demo

    More About MCO Across Singapore and  Asia-Pacific

    MCO has grown from 70 to 200+ employees in the last 3 years and has seen significant investment in expanding our local APAC resources, including:

    • Our Implementation team brings 4 in-region experts to enhance the setup experience.
    • Our Customer Success team provides strategic support in-region, ensuring the implementation-to-go-live journey is a seamless one.
    • Customer Support now covers Australia and New Zealand hours.
    • Tier 2 Customer Support also commences during the Asian workday, so your technical questions are responded to even faster.

    Download your MCO brochure to learn more.

    Download My Brochure

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