Showing 590 Documents for "CMS"
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- MAS
- Circulars
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- Circular No: CMI 02/2023 6 January 2023 To: Chief Executive Officers of all Capital Markets Services Licence Holders for the Regulated Activity of Fund Management and Registered Fund Management Companies Dear Sir/ Madam OBSERVATIONS FROM INSPECTIONS OF LICENSED VENTURE
- Requirements i) VCFMs are required to disclose in writing to all investors that the VCFM is not subject to the conduct of business requirements and financial requirements that apply to LFMCs under the SF(LCB)R and Securities and Futures (Financial and Margin Requirements for Holders of Capital
- MAS
- Guidelines
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- Nonetheless, the intermediary will have to comply with the relevant regulatory requirements applicable to holders of a capital markets services licence.
- The corporation may be required to hold a capital market services license for dealing in securities or trading in futures contracts but is not required to be regulated as a market for the provision of the electronic facility.
- For instance, if the holder of a capital market services licence operates a market, MAS may choose not to regulate the market operator as an approved exchange or RMO, but instead impose appropriate conditions under the exemption; or (b) where the market poses little risk to the regulatory
- MAS
- Circulars
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- Entities that intend to apply for a CMS licence to operate SCF platforms should satisfy MAS that they are able to implement policies and processes consistent with the measures in this circular.
- CMI 27/2018 CONTROLS AND DISCLOSURES TO BE CROWDFUNDING OPERATORS IMPLEMENTED BY LICENSED SECURITIES-BASED In June 2016, the Monetary Authority of Singapore (MAS) streamlined the rules applicable to capital markets services licensees offering securities-based crowdfunding (SCF), to
- MAS
- Speeches
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- These persons include holders of a capital markets services licence (or persons who were previously such holders), persons exempt from the requirement to hold a capital markets services licence (or persons who were previously so exempt), and their representatives and officers. [6] For example, if a bank
- MAS
- Forms and Templates
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- Risk disclosure statement to be provided by capital markets services licensees, banks, merchant banks and finance companies to retail customers when opening trading accounts to trade in: (i) Futures contracts; (ii) Over-the-counter derivatives contracts of which the underlying is a currency or currency
- SECURITIES AND FUTURES ACT (Cap. 289) SECURITIES AND FUTURES FORM 13 (LICENSING AND CONDUCT OF BUSINESS) REGULATIONS (Rg 10) RISK DISCLOSURE STATEMENT REQUIRED TO BE FURNISHED UNDER REGULATION 47E(1) AND TO BE KEPT UNDER REGULATION 39(2)(c) BY THE HOLDER OF A CAPITAL
- MAS
- Annual Reports
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- Thematic Approach to Market Conduct Supervision In addition to routine company inspections, MAS conducted a series of thematic inspections to assess the controls and compliance arrangements of capital markets services (CMS) licensees and how well they address the specific risks involved.
- In 2007, MAS inspected six CMS licence holders active in marketing contracts for differences to assess their risk management and internal controls for this product class. 35 -------- MAS Annual Report 2007/08 MAS also inspected 16 CMS licence holders to assess the effectiveness of their compliance
- In addition, we carried out onsite inspections on the adequacy of the system and security controls for the internet-trading systems and activities of 11 CMS licensees. understanding of their trading strategies, internal controls and management oversight.
- MAS
- Circulars
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- SRD BCM 01/2006 6 Jan 2006 To: Dear Sir/Madam FURTHER GUIDANCE ON BUSINESS CONTINUITY MANAGEMENT CEOs of Banks, Merchant Banks & Finance Companies Principal Officers of All Insurers All Holders of Capital Market Services Licences Singapore Exchange Ltd
- MAS received 24 submissions from the banking sector, 17 from the insurance sector, 29 from Capital Market Services Licensees and Financial Advisors, 2 from financial utilities and 7 from interested parties both locally and overseas. 1.2 PREFERENCE FOR BUSINESS CONTINUITY MANAGEMENT
- Overseas Union Insurance Ltd QBE Insurance International Ltd Royal & Sun Alliance Insurance (Singapore) Ltd MONETARY AUTHORITY OF SINGAPORE 13 -------- GUIDELINES ON RISK MANAGEMENT PRACTICES - RESPONSE TO FEEDBACK ON THE CONSULTATION PAPER ON GUIDELINES ON BCP JUNE 2003 Capital
- MAS
- Notices
Last revised date:
- approved under section 28 of the Monetary Authority of Singapore Act (Cap 186); (iii) a finance company licensed under the Finance Companies Act (Cap 108); (iv) a registered insurer (other than a captive insurer) under the Insurance Act (Cap 142); and (v) and a person holding a capital
- Monetary Authority of Singapore Act (Cap 186); a finance company licensed under the Finance Companies Act (Cap 108); (ii) (iii) 2 -------- (iv) a registered insurer (other than a captive insurer) under the Insurance Act (Cap 142); and (v) a person holding a capital
- MAS
- Consultations
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- (1) The holder of a capital markets services licence, an appointed representative, a provisional representative or a temporary representative shall, when preparing, publishing, circulating or distributing, directly or indirectly, an advertisement in respect of any capital
- markets product, ensure that the advertisement includes a statement that the advertisement has not been reviewed or endorsed by the Authority. -------- 6 (8) For the purposes of paragraphs (1), (5), (6) and (7), the holder of a capital markets services licence,
- (9) The holder of a capital markets services licence, an appointed representative, a provisional representative or a temporary representative who publishes, circulates or distributes an advertisement in respect of a capital markets product shall ensure that the advertisement
- MAS
- Consultations
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- markets service licence (CMSL) holder that is a member of the Tier 3 RMO.
- This will offer some protection to the individual investors as the CMSL holder would have conducted its own due diligence on the contractual terms of the market operator, and is expected to act in the interest of its customers.
- and legal resources to adequately navigate contractual terms with the market operator compared to corporate or institutional participants. 3.8 However, individual persons who are accredited investors or expert investors and who wish to trade on a Tier 3 RMO may still do so through a capital