The Monetary Authority of Singapore (MAS) has issued several revised forms applicable to exempt futures brokers and exempt over-the-counter (OTC) derivatives brokers, including forms for the notification of the commencement of business, the termination of business, and the change in particulars, for the declaration of compliance with all applicable laws and regulations, and for the filing of the auditor’s opinion on the audited accounts at year end.
The affected forms are linked below:
Form 30 – Notice of Commencement Lodged Pursuant to Paragraph 3(4)(c) and/or 3A(4)(c) of the Second Schedule to the Regulations by Persons Exempted from Holding a Capital Markets Services Licence to Carry on Business in Capital Markets Products that are Futures Contracts and/or Over-the-Counter Derivatives Contracts under Paragraph 3(1)(d) and/or 3A(1)(d) of the Second Schedule to the Regulations
Form 31 – Notice of Change in Particulars Lodged Pursuant to Paragraph 3(X) and/or 3(Y) of the Second Schedule to the Regulations by Persons Exempted from Holding a Capital Markets Services Licence to Carry on Business in Capital Markets Products that are Futures Contracts and/or Over-the-Counter Derivatives Contracts under Paragraph 3(1)(d) and/or 3A(1)(d) of the Second Schedule to the Regulations
Form 32 – Notice of Cessation of Business Lodged Pursuant to Paragraph 3(4)(c) and/or 3A(4)(c) of the Second Schedule to the Regulations by Persons Exempted from Holding a Capital Markets Services Licence to Carry on Business in Capital Markets Products that are Futures Contracts and/or Over-the-Counter Derivatives Contracts under Paragraph 3(1)(d) and/or 3A(1)(d) of the Second Schedule to the Regulations
Form 33 – Annual Declaration Lodged Pursuant to Paragraph 3(X) and/or 3(Y) of the Second Schedule to the Regulations by Persons Exempted from Holding a Capital Markets Services Licence to Carry on Business in Capital Markets Products that are Futures Contracts and/or Over-the-Counter Derivatives Contracts under Paragraph 3(1)(d) and/or 3A(1)(d) of the Second Schedule to the Regulations
Form 34 – Auditor’s Report for Persons Exempted from Holding a Capital Markets Services Licence to Carry on Business in Capital Markets Products that are Futures Contracts and/or Over-the-Counter Derivatives Contracts under Paragraph 3(1)(d) and/or 3A(1)(d) of the Second Schedule to the Regulations.
Please ensure to keep the deadlines for submitting the forms (e.g. within 14 days before the commencement of business (Form 30 ) or 14 days after the end of the financial year (Form 33) and to follow the instructions in the forms for the submissions.
Form 30 – Notice of Commencement Lodged Pursuant to Paragraph 3(4)(c) and/or 3A(4)(c) of the Second Schedule to the Regulations by Persons Exempted from Holding a Capital Markets Services Licence to Carry on Business in Capital Markets Products that are Futures Contracts and/or Over-the-Counter Derivatives Contracts under Paragraph 3(1)(d) and/or 3A(1)(d) of the Second Schedule to the Regulations Form 31 – Notice of Change in Particulars Lodged Pursuant to Paragraph 3(X) and/or 3(Y) of the Second Schedule to the Regulations by Persons Exempted from Holding a Capital Markets Services Licence to Carry on Business in Capital Markets Products that are Futures Contracts and/or Over-the-Counter Derivatives Contracts under Paragraph 3(1)(d) and/or 3A(1)(d) of the Second Schedule to the Regulations Form 32 – Notice of Cessation of Business Lodged Pursuant to Paragraph 3(4)(c) and/or 3A(4)(c) of the Second Schedule to the Regulations by Persons Exempted from Holding a Capital Markets Services Licence to Carry on Business in Capital Markets Products that are Futures Contracts and/or Over-the-Counter Derivatives Contracts under Paragraph 3(1)(d) and/or 3A(1)(d) of the Second Schedule to the Regulations Form 33 – Annual Declaration Lodged Pursuant to Paragraph 3(X) and/or 3(Y) of the Second Schedule to the Regulations by Persons Exempted from Holding a Capital Markets Services Licence to Carry on Business in Capital Markets Products that are Futures Contracts and/or Over-the-Counter Derivatives Contracts under Paragraph 3(1)(d) and/or 3A(1)(d) of the Second Schedule to the Regulations Form 34 – Auditor’s Report for Persons Exempted from Holding a Capital Markets Services Licence to Carry on Business in Capital Markets Products that are Futures Contracts and/or Over-the-Counter Derivatives Contracts under Paragraph 3(1)(d) and/or 3A(1)(d) of the Second Schedule to the Regulations
ID
22451
Other Features
auditing
broker
compliance
Derivatives
notifications
OTC derivatives
securities
wind-down
Date Published: 2023-03-23
Regulatory Framework: Securities and Futures Act
Regulatory Type: form
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