Events listed in Securities and Futures Act
Code on Collective Investment Schemes
ID 22192
The Monetary Authority of Singapore (MAS) issued a revised version of the Code on Collective Investment Schemes (CIS). The Code stipulates best practices as regards the management, operation, and marketing of collective investment schemes that shall be observed by managers, trustees, directors, and custodians of Variable Capital Companies (VCCs) alike. It thereby covers the following key issues: (1) the role, responsibilities, and obligations of ...
Notice SFA 04-N21 on Business Conduct Requirements for Corporate Finance Advisers
ID 21993
Following a consultation in December 2021 as regards the „Introduction of Due Diligence Requirements for Corporate Finance Advisers“ (please see EventID 13776 in this context for more information), the Monetary Authority of Singapore, MAS, has now published a response paper and a final Notice (SFA 04-N21) in this context. To recall, in its consultation MAS sought feedback on due diligence requirements of firms and ...
Notice on Supervision of Market Participants (SFA 02-N02)
ID 21759
The Monetary Authority of Singapore (MAS) has published revised Notice SFA 02-N02 regarding the list of all MAS-recognized market operators as set out in Annex A of the Notice. Such operators are obliged to implement and maintain policies and procedures to ensure thorough and effective control of market participants engaged in securities trading on their trading venue. The latest revised document indicates that two ...
Form 26 – Notice of Commencement of Business / Additional Regulated ...
ID 21513
The Monetary Authority of Singapore (MAS) has issued a revised form that must be lodged by (legal) persons that are exempt from holding a capital markets services license relating to the commencement of business or the performance of other activities which the person has not yet performed. The affected form is: [Form 26 – „Notice of Commencement of Business / Additional Regulated Activities by ...
Compliance Toolkit for Approvals, Notifications and Other Regulatory Submissions to ...
ID 21417
The Monetary Authority of Singapore (MAS) has published an updated version of what it calls a Compliance Toolkit for Approvals, Notifications and Other Regulatory Submissions to MAS for REIT Managers. The „toolkit“ provides guidance to managers or prospective managers of real estate investment trusts (REITSs) on (a) business matters for which a REIT must seek prior approval from MAS, (b) business matters for which ...
Compliance Toolkit for Approvals, Notifications and Other Regulatory Submissions to ...
ID 21408
The Monetary Authority of Singapore (MAS) published a revised version of what it calls a Compliance Toolkit for Approvals, Notifications and Other Regulatory Submissions to MAS for Fund Managers. The „toolkit“ provides guidance to managers or prospective managers of licensed and registered fund and to those managing venture capital funds on (a) business matters for which prior approval must be sought from MAS, (b) ...
Securities and Futures (Offers of Investments) (Exemption for Depositary Receipts) ...
ID 21375
The Securities and Futures (Offers of Investments) (Exemption for Depositary Receipts) Regulations 2023 were published on Singapore Statutes Online, the official website of the Singapore government for publicizing legal documents. The regulations supplement the Securities and Futures Act in that they exempt depositary receipts (DR) as defined in the regulations from certain requirements under the Securities and Futures Act provided that certain conditions are ...
Form 24A – Notice of Cessation of Business as a Registered Fund Management ...
ID 21364
The Monetary Authority of Singapore, MAS, has published a revised version of its Form 24A to be filed by registered fund management companies to notify MAS of the cessation of business. The form must be submitted electronically via MASNET, the online platform of MAS, and must be accompanied by the corresponding auditor certification and company declaration. It is essential, so the regulator, to also ...
Form 23A – Notice of Change of Particulars for a Registered Fund Management ...
ID 21363
The Monetary Authority of Singapore, MAS, has issued a revised form for registered Fund Management Companies or Venture Capital Fund Managers which must be used to inform MAS of changes of their particulars (i.e. changes in contact details; changes in information on the company such as appointments). The form must be submitted within 14 days of the incurred changes and must be lodged via ...
Lodgement Practice Note for Collective Investment Schemes
ID 21362
The Monetary Authority of Singapore (MAS) has published a new version of the so-called „Lodgement Practice Note for Collective Investment Schemes“. The note outlines lodging practices that shall be followed by collective investment schemes (CIS) offered or to be offered in Singapore including those constituted outside Singapore in connection with the following: (1) the application or the recognition of the CIS including relevant forms ...