Why You Should Comply With MAS TRM
As of now, MAS-TRM guidelines are not mandated, but experts predict that in the near future, they will become law and will be accompanied by binding financial penalties for non-compliance.
Meanwhile, financial institutions that fail to follow MAS-TRM guidelines risk damaging their reputations and losing their licenses to conduct business in Singapore and other key markets.
Are you interested in learning more about how Logit.io can help you meet the requirements of the MAS TRM guidelines? Find out how we can help you by signing up for a free 14-day trial or booking a call with our compliance specialists.