Showing 590 Documents for "CMS"
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- MAS
- Exemptions
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- PURSUANT TO SECTION 337(2) OF THE SECURITIES AND FUTURES ACT (CAP. 289) (SFA) For the period from 1 April 2021 to 30 June 2021 S/N Exemption granted Exemption provision No. of exemptions provided Date of exemption granted Description 1 Exemption from requirement to hold a Capital
- Markets Services (CMS) licence for fund management 30 Section 99(1)(h) of the SFA, read with section 337(2) of the SFA 10 Apr, 20 May, 27 May, 1 Jun, 21 Jun MAS granted exemptions to 30 single family offices (SFOs) that provided fund management services to their respective
- MAS
- Exemptions
Last revised date:
- TO SECTION 337(2) OF THE SECURITIES AND FUTURES ACT (CAP. 289) (SFA) For the period from 1 April 2020 to 30 June 2020 S/N Exemption granted Exemption provision No. of exemptions provided Date of exemption granted Description 1 a hold Exemption from requirement to Capital
- Markets Services (CMS) licence fund management for 18 Section 99(1)(h) of the SFA, read with section 337(2) of the SFA 23 Apr, 5 Jun, 29 Jun MAS granted exemptions to 18 single family offices (SFOs) that provided fund management services to their respective sponsors
- MAS
- Guidelines
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- PURPOSE Guideline No : SFA04-G07 Issue Date : 1 January 2016 (last updated on 20 December 2021) GUIDELINES TO ALL HOLDERS OF A CAPITAL MARKETS SERVICES LICENCE FOR REAL ESTATE INVESTMENT TRUST MANAGEMENT ______________________________________________________________________ 1 1.1
- These Guidelines are issued pursuant to section 321 of the Securities and Futures Act (Cap. 289) [SFA] and apply to all holders of a capital markets services licence for real estate investment trust management [REIT managers]. 1.2 These Guidelines set out guidance relating to minimum
- observation of good industry practices. 1.3 These Guidelines should be read in conjunction with the provisions of the SFA, the Securities and Futures (Licensing and Conduct of Business) Regulations [SF(LCB)R], the Securities and Futures (Financial and Margin Requirements for Holders of Capital
- MAS
- Notices
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- This notice applies to capital markets services (CMS) licensees, except CMS licensees that are credit rating agencies or venture capital fund managers.
- relevant CMSL concerned.
- MAS
- Exemptions
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- Licensees Exempt CMS Entities CMS Licensees Exempt CMS Entities CMS Licensees Exempt CMS Entities CMS Licensees Exempt CMS Entities Legislative Reference Sections 99D of the SFA and Regulation 3A of the LCBR Sections 99E of the SFA and
- In the case where the CMS Licensee is a foreign company: (i) the net office funds of the CMS Licensee falls below its applicable base capital requirement; (ii) the CMS Licensees adjusted net head office funds is less than 120% of its total risk requirement; and (iii) where applicable, the CMS Licensees
- 5 Application for obtaining effective control of a CMS Licensee ISSUED 23 MARCH 2023 Form to be Submitted Form 5 - Application for Additional Regulated Activity under a Capital Markets Services Licence Form 5 - Application for Additional Regulated Activity under a Capital
- MAS
- Consultations
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- relevant CMSL concerned.
- CMSL shall use such assessment.
- CMSL at the prevailing spot rate.
- MAS
- Consultations
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- to the relevant CMSL concerned.
- designated clearing house of which the CMSL is a member may impose.
- 6.2.83; and (b) the foreign exchange position risk factor of 8%. 6.2.85 The foreign exchange risk requirement of a CMSL shall be zero if the overall net foreign exchange position of the CMSL is not greater than 2% of the financial resources of the CMSL.
- MAS
- Consultations
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- by the CMS licensee.
- customer placing moneys with the CMS licensee.
- in which the CMS licensee deposits its own assets.
- MAS
- FAQs
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- the CMSL's aggregate indebtedness.
- A18: The CMSL should take the available preceding annual gross incomes for the AAGI calculation. If the CMSL has only one financial year of annual gross income, the CMSL should take that annual gross income as the AAGI.
- A16: The CMSL shall apply either paragraphs 5.2.34 to 5.2.37, or paragraphs 5.2.45 to 5.2.46 of SFA 04-N13, depending on whether the broker is an entity referred to in paragraph 5.2.34(f).Where collateral pledged by the CMSL is an off-balance sheet instrument, the CMSL shall also apply
- MAS
- Notices
Last revised date:
- This notice applies to: Capital markets services (CMS) licensees. Banks, merchant banks, finance companies and insurers conducting regulated activities under the SFA.
- This Notice shall apply to all holders of a capital markets services 2 licence [CMS licence holders] and persons who are exempt from holding a CMS licence under section 99(1)(a), (b), (c) or (d) of the Act [exempt financial institutions].
- Appendix 3 shall be lodged by the CMS licence holder or exempt financial institution through MASNET.