Regulations for Offers of Business Trusts
Requirements for offers of business trusts
Offers of units or derivatives of units in a BT to investors in Singapore are regulated under Division 1 of Part XIII of the SFA .
Unless otherwise exempted, an offer of units or derivatives of units in a BT must comply with the following requirements:
- A BT must be registered by MAS if it is constituted in Singapore
- The offer of units or derivatives of units in a BT must be made in or accompanied by a MAS-registered prospectus and product highlights sheet
You may apply for the registration of a BT using Form 2 on OPERA.