Showing 590 Documents for "CMS"
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- MAS
- Consultations
Last revised date:
- This is similar to the option given to CMS licence holders under Regulation 17(2) of the Securities and Futures (Licensing and Conduct of Business) Regulations.
- On the first point, licensing fees of CMS licence activities and for Trust Companies are lower: The fees for an MPI would be $10,000 per year for most of the individual regulated activities.
- For instance, under the Schedule to the PSR, an SME seeking a standard payment institution licence to provide an e-money issuance service would have to pay S$5,000 annually, which far exceeds what a large fund with 100 representatives would have to pay for a capital markets services licence in respect
- MAS
- Notices
Last revised date:
- Holders of a capital markets services licence under section 82 of the SFA Securities and [MAS Notice 626A (Amendment) 2022] Futures Act (Cap. 289). [MAS Notice 626A (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).
- MAS
- Speeches
Last revised date:
- The recommendations of the Panel are detailed in the following sections. 1 Financial institutions in the FA industry include banks, life insurance companies, capital markets services licence holders, licensed financial
- MAS
- Consultations
Last revised date:
- At this juncture, MAS also welcomes comments and suggestions on the revision of the AML/CFT regime for merchant banks, finance companies, life insurers, capital markets services licensees, financial advisers, approved trustees, money changers and remittance agents.
- MAS
- Notices
Last revised date:
- markets services licence under section 84(1) of the Securities and Futures Act (Cap. 289); or (b) any entity that is approved, licensed, registered or otherwise regulated by a regulatory agency other than the Authority to carry out activities permitted under a capital markets services licence
- Annex 7S of Part VII; means an SFT where the requirements set out in Annex 7K of Part VII are complied with; means an ECAI referred to in Annex 7R of Part VII; has the same meaning as in regulation 2 of the Securities and Futures (Financial and Margin Requirements for Holders of Capital
- MAS
- Consultations
Last revised date:
- This would present an awkward situation for the VCC director and the holder of the CMS licence.
- MAS Response 4.4 A custodian who is already an approved trustee will not be required to hold a capital markets services licence for providing custodial services.
- This is in alignment with MAS Circular No: CMI 01/2011 in respect of the fit and proper self-declarations made by appointed representatives of Capital Markets Services Licence holders.
- MAS
- Consultations
Last revised date:
- of the underlying pool), a Reporting Bank shall be permitted to set LGD equal to 0.50 and to apply the following for calculating N and the exposure - weighted average LGD: (a) set N equal to the following amount: } 0, { 1max mC N = + CC m 1 1 1 C m m C 1 1 where Cm
- RW is: (i) 150% for equity investments that are listed on any securities exchange in Singapore or any recognised group A exchange as set out in Table 4 of the Fourth Schedule to the Securities and Futures (Financial and Margin Requirements for Holders of Capital
- MAS
- Notices
Last revised date:
- Holders of a capital markets services licence under section 82 of the Securities and Futures Act (Cap. 289). 6.
- Holders of a capital markets services licence under section 82 of the SFA Securities and Futures Act (Cap. 289). [MAS Notice PSN02 (Amendment) 2022] 6.
- PDPC
- Public Consultations
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- for the Government. 3.13 Section 1 of both the TRM Notices specify that they apply to all: (i) banks; (ii) approved exchanges; (iii) licensed trade repositories; (iv) approved clearing houses; (v) recognised clearing houses which are incorporated in Singapore; (vi) holders of a capital
- MAS
- Consultations
Last revised date:
- resources, adjusted net capital and lodgement of documents under the Securities and Futures MONETARY AUTHORITY OF SINGAPORE 1 -------- CONSULTATION PAPER ON REVIEW OF THE REGULATORY REGIME GOVERNING REITS JUNE 2005 (Financial and Margin Requirements for Holders of Capital