Showing 590 Documents for "CMS"
Filter by
Sort by
- MAS
- Consultations
Last revised date:
- The fees will apply to all representatives conducting Capital Markets Services (CMS) and Financial Advisory (FA) activities, regardless of whether they act for licensed or exempt principals.
- carrying out FA activities, or (b) FA activities if he has been carrying out CMS activities.
- To this end: (cid:131) Application to conduct CMS for new representatives activities will be reduced from $200 to $100.
- MAS
- Consultations
Last revised date:
- as representatives of CMS licensees.
- We therefore proposed to regulate CRAs under the existing CMS licensing regime.
- Further, the RNF is an integral part of the existing CMS licensing regime. We do not see sufficient reasons to exclude CRA representatives from the RNF when it applies to all other CMS representatives.
- MAS
- Consultations
Last revised date:
- CM-SIP M8 M8A M9 M9A -------- Notice on Competency Requirements for Representatives of Financial Advisers Module Examination Individuals who are Exempted from Module 20 Combined Product Knowledge CM-CMP (CM-EIP + CM-SIP) CM-CIS (M8 + M8A) CM-LIP (M9 + M9A) CM-LIC (M8 + M8A
- CM-LIP M8 + M8A + M9 + M9A CM-LIC CM-EIP + CM-SIP CM-CMP -------- 9 Notice on Competency Requirements for Representatives of Financial Advisers Circumstances Under Which the CMFAS Exam Requirements Do Not Apply 4.5 An individual is not required to meet the CMFAS Exam
- - EIP M8 M9 CM- SIP M8A M9A 3 For individuals who will be advising in both securities and/or units in CIS need not take M8 or M8A, if they have taken CM-EIP or CM-SIP, respectively. -------- Notice on Competency Requirements for Representatives of Financial
- MAS
- Notices
Last revised date:
- This notice applies to all persons exempted under regulation 2(2) of the Securities and Futures (Exemption from Requirement to hold Capital Markets Services Licence) Regulations (Rg. 11) from the requirement to hold a capital markets services licence for trading in futures contracts and representatives
- under Regulation 2(2) of the Securities and Futures (Exemption From Requirement To Hold Capital Markets Services Licence) Regulations (Rg 11) From the Requirement under Section 82(1) of the Securities and Futures Act (Cap. 289) to hold a Capital Markets Services Licence for the Regulated
- NOTICE TO PERSONS EXEMPTED UNDER REGULATION 2(2) OF THE SECURITIES AND FUTURES (EXEMPTION FROM REQUIREMENT TO HOLD CAPITAL MARKETS SERVICES LICENCE) REGULATIONS (RG 11) FROM THE REQUIREMENT UNDER SECTION 82(1) OF THE SECURITIES AND FUTURES ACT (CAP. 289) TO HOLD A CAPITAL
- MAS
- Exemptions
Last revised date:
- Licence conditions imposed on holders of a CMS Licence in Real Estate Investment Trust (REIT) Management (REIT Managers) 6. Guidelines to all holders of a CMS Licence for REIT Management 7.
- Specifically, the following parts of the SFA : Part IV Holders of Capital Markets Services (CMS) Licence and Representatives Part V Books, Customer Assets and Audit 2. Securities and Futures (Licensing and Conduct of Business) Regulations (LCBR) (Rg. 10) 3.
- Notice on Reporting of Misconduct of Representatives by Holders of CMS Licence and Exempt Financial Institutions 8.
- MAS
- Consultations
Last revised date:
- Where the CMS licence holders have to convert the foreign currency amount to Singapore Dollars, the CMS licence holders should disclose to customers the conversion rate, conversion costs, and the party bearing the costs.
- of S$5 million for CMS Licence Holders dealing in unlisted derivatives with retail customers.
- In the event a CMS licence holder is unable to hold retail customers moneys denominated in a particular foreign currency with MAS-licensed banks in Singapore, MAS expects the CMS licence holder to hold an equivalent amount with MAS-licensed banks in Singapore.
- MAS
- Guidelines
Last revised date:
- These guidelines apply to: a) Persons applying for a capital markets services’ (CMS) licence. b) Person applying for a financial adviser’s (FA) licence. c) Capital markets services licensee. d) Licensed financial advisers. e) Appointed, provisional or temporary representatives.
- Guidelines on procedures to apply for a Capital Markets Services or Financial Advisory licence, appoint representatives and pay fees.
- Example 3 A company is issued a CMS licence on 5 March 2010 to conduct the following activities: 1. 2.
- MAS
- Media Releases
Last revised date:
- The flowers measure about 3 cm to 4 cm in diameter and usually last for a long period of time. The flowers are usually found growing on trees in exposed lowland areas.
- The lemon-scented flowers measure about 5 cm in diameter, and each hanging flower spray can reach 70 cm long with more than 30 flowers. Its flowers usually bloom in the morning and close partially in the evening.
- Its narrow leaves are thick and leathery, growing up to 75 cm in length and 4 cm in width. This epiphytic plant is highly adaptive. It obtains its nutrients from decaying leaf litter shed by its host tree, allowing it to thrive even in a low nutrient environment.
- MAS
- Consultations
Last revised date:
- Markets Services Licences) Regulations 2002 (the Regulations) prescribe the types of collateral that a holder of a capital markets services (CMS) licence may take to meet margin requirements for its securities financing business.
- The CMS 3.4 For example, if CMS Licensee B offers a CFD in XYZ shares, a comparable contract would be a single stock futures contract on XYZ shares traded on SGX-DT or a recognised Group A exchange that meets the conditions in paragraph 3.3.
- To promote sound risk management among CMS licensees that offer CFDs, MAS proposes to set minimum margin requirements for CFDs. 1 Regulation 24 of the Securities and Futures (Financial and Margin Requirements for Holders of Capital Markets Services
- MAS
- Consultations
Last revised date:
- Some respondents sought clarification on whether the above requirements are applicable only to licensed financial advisers [FAs] and capital markets services [CMS] licence holders.
- Representatives of licensed FAs and CMS licence holders are currently subject to renewal of their licences every three years.
- Clarification on the Meaning of Non-customer MAS prohibits CMS licence holders as well as banks, merchant banks and finance companies exempted from holding a CMS licence from commingling moneys and assets received on account of their customers with non-customer moneys