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    • MAS
    • Notices

    Last revised date:

    • exchanges; (b) recognised market operators which are incorporated in Singapore; (c) licensed trade repositories; (d) approved clearing houses; (e) recognised clearing houses which are incorporated in Singapore; (f) the Depository; (g) approved holding companies; (h) holders of a capital
    • On this basis, MAS exercises a less intrusive approach towards the supervision of such entities. 1 However, please note that exempt financial advisers who are otherwise licensed by MAS e.g. as a capital markets services license holder
    • operators of designated payment systems Any approved exchange Any recognised market operator Any licensed trade repository Any approved clearing house Any recognised clearing house which are incorporated in Singapore The Depository Any approved holding company Any holder of a capital
    • MAS
    • Notices

    Last revised date:

    • exchanges; (b) recognised market operators which are incorporated in Singapore; (c) licensed trade repositories; (d) approved clearing houses; (e) recognised clearing houses which are incorporated in Singapore; (f) the Depository; (g) approved holding companies; (h) holders of a capital
    • On this basis, MAS exercises a less intrusive approach towards the supervision of such entities. 1 However, please note that exempt financial advisers who are otherwise licensed by MAS e.g. as a capital markets services license holder
    • operators of designated payment systems Any approved exchange Any recognised market operator Any licensed trade repository Any approved clearing house Any recognised clearing house which are incorporated in Singapore The Depository Any approved holding company Any holder of a capital
    • MAS
    • Notices

    Last revised date:

    • exchanges; (b) recognised market operators which are incorporated in Singapore; (c) licensed trade repositories; (d) approved clearing houses; (e) recognised clearing houses which are incorporated in Singapore; (f) the Depository; (g) approved holding companies; (h) holders of a capital
    • On this basis, MAS exercises a less intrusive approach towards the supervision of such entities. 1 However, please note that exempt financial advisers who are otherwise licensed by MAS e.g. as a capital markets services license holder
    • operators of designated payment systems Any approved exchange Any recognised market operator Any licensed trade repository Any approved clearing house Any recognised clearing house which are incorporated in Singapore The Depository Any approved holding company Any holder of a capital
    • MAS
    • Notices

    Last revised date:

    • exchanges; (b) recognised market operators which are incorporated in Singapore; (c) licensed trade repositories; (d) approved clearing houses; (e) recognised clearing houses which are incorporated in Singapore; (f) the Depository; (g) approved holding companies; (h) holders of a capital
    • On this basis, MAS exercises a less intrusive approach towards the supervision of such entities. 1 However, please note that exempt financial advisers who are otherwise licensed by MAS e.g. as a capital markets services license holder
    • operators of designated payment systems Any approved exchange Any recognised market operator Any licensed trade repository Any approved clearing house Any recognised clearing house which are incorporated in Singapore The Depository Any approved holding company Any holder of a capital
    • MAS
    • Notices

    Last revised date:

    • exchanges; (b) recognised market operators which are incorporated in Singapore; (c) licensed trade repositories; (d) approved clearing houses; (e) recognised clearing houses which are incorporated in Singapore; (f) the Depository; (g) approved holding companies; (h) holders of a capital
    • On this basis, MAS exercises a less intrusive approach towards the supervision of such entities. 1 However, please note that exempt financial advisers who are otherwise licensed by MAS e.g. as a capital markets services license holder
    • operators of designated payment systems Any approved exchange Any recognised market operator Any licensed trade repository Any approved clearing house Any recognised clearing house which are incorporated in Singapore The Depository Any approved holding company Any holder of a capital
    • MAS
    • Notices

    Last revised date:

    • exchanges; (b) recognised market operators which are incorporated in Singapore; (c) licensed trade repositories; (d) approved clearing houses; (e) recognised clearing houses which are incorporated in Singapore; (f) the Depository; (g) approved holding companies; (h) holders of a capital
    • On this basis, MAS exercises a less intrusive approach towards the supervision of such entities. 1 However, please note that exempt financial advisers who are otherwise licensed by MAS e.g. as a capital markets services license holder
    • operators of designated payment systems Any approved exchange Any recognised market operator Any licensed trade repository Any approved clearing house Any recognised clearing house which are incorporated in Singapore The Depository Any approved holding company Any holder of a capital
    • MAS
    • Notices

    Last revised date:

    • On this basis, MAS exercises a less intrusive approach towards the supervision of such entities. 1 However, please note that exempt financial advisers who are otherwise licensed by MAS e.g. as a capital markets services license holder
    • exchanges; (b) recognised market operators which are incorporated in Singapore; (c) licensed trade repositories; (d) approved clearing houses; (e) recognised clearing houses which are incorporated in Singapore; (f) the Depository; (g) approved holding companies; (h) holders of a capital
    • operators of designated payment systems Any approved exchange Any recognised market operator Any licensed trade repository Any approved clearing house Any recognised clearing house which are incorporated in Singapore The Depository Any approved holding company Any holder of a capital
    • MAS
    • Notices

    Last revised date:

    • exchanges; (b) recognised market operators which are incorporated in Singapore; (c) licensed trade repositories; (d) approved clearing houses; (e) recognised clearing houses which are incorporated in Singapore; (f) the Depository; (g) approved holding companies; (h) holders of a capital
    • On this basis, MAS exercises a less intrusive approach towards the supervision of such entities. 1 However, please note that exempt financial advisers who are otherwise licensed by MAS e.g. as a capital markets services license holder
    • operators of designated payment systems Any approved exchange Any recognised market operator Any licensed trade repository Any approved clearing house Any recognised clearing house which are incorporated in Singapore The Depository Any approved holding company Any holder of a capital
    • MAS
    • Notices

    Last revised date:

    • exchanges; (b) recognised market operators which are incorporated in Singapore; (c) licensed trade repositories; (d) approved clearing houses; (e) recognised clearing houses which are incorporated in Singapore; (f) the Depository; (g) approved holding companies; (h) holders of a capital
    • On this basis, MAS exercises a less intrusive approach towards the supervision of such entities. 1 However, please note that exempt financial advisers who are otherwise licensed by MAS e.g. as a capital markets services license holder
    • operators of designated payment systems Any approved exchange Any recognised market operator Any licensed trade repository Any approved clearing house Any recognised clearing house which are incorporated in Singapore The Depository Any approved holding company Any holder of a capital
    • MAS
    • Notices

    Last revised date:

    • Holders of a capital markets services licence under section 82 of SFA Securities and Futures Act (Cap. 289). [MAS Notice TCA-N03 (Amendment) 2022] 6.
    • Holders of a capital markets services licence under section 82 of the Securities and Futures Act (Cap. 289). Fund management companies registered under paragraph 5(1)(i) of the Second Schedule to the Securities and Futures (Licensing and Conduct of Business) Regulations (Rg. 10).