Showing 590 Documents for "CMS"
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- MAS
- Regulations
Last revised date:
- [CMI CMS 02/2016; AG/LEGIS/SL/289/2015/2 Vol. 1]
- Apply to all capital markets services (CMS) licensees. Set out requirements for all CMS licensees to: Maintain a minimum base capital. Maintain financial resources (FR) above the total risk requirements (TRR) and report to MAS when FR falls below a threshold. Lodge financial returns with MAS.
- In addition, they set out other financial and margin requirements that are applicable to CMS licensees conducting certain regulated activities.
- MAS
- Enforcement Actions
Last revised date:
- Additional Information: Revocation of CMS license – sections 95(2)( c) and 95(da) of the Securities and Futures Act (SFA) Under section 95(2)( c) of the SFA, MAS may revoke a CMS license, if the Authority has reason to believe that CMS licence holder has not performed its duties efficiently, honestly
- Under section 95(2)(da) of the SFA, the Authority may revoke a CMS licence if it appears to MAS that CMS licence holder has failed to satisfy any of its obligations under or arising from the SFA or any written direction issued by the Authority.
- Singapore, 28 July 2020 … The Monetary Authority of Singapore (MAS) revoked the Capital Markets Services (CMS) licence of Apical Asset Management Pte. Ltd. (AAMPL) on 28 July 2020, for serious breaches of MAS’ Anti-Money Laundering/Countering Financing of Terrorism (AML/CFT) requirements.
- MAS
- Exemptions
Last revised date:
- hold a CMS licence for trading in futures contracts.
- Exemption from the requirement to hold a Capital Markets Services (CMS) licence for trading in futures contracts 2 3 29 Dec 2014 MAS granted an exemption to a fund management company (FMC) from the requirement to hold a CMS licence for fund management.
- foreign corporation, and 1 -------- 1 Section 99(1)(h) of the SFA, read with section 337(2) of the SFA 1 Section 99(1)(h) of the SFA, read with section 337(2) of the SFA Exemption from requirement to hold a Capital Markets Services (CMS) licence for fund management
- MAS
- Consultations
Last revised date:
- Markets Services [CMS] licence.
- licence, or be exempted from the need to hold a CMS licence.
- This is the same base capital requirement [BCR] that currently applies to holders of a CMS licence in fund management that serve only accredited/ institutional investors, as set out in the Securities and Futures (Financial and Margin Requirements for Holders of Capital Markets
- PDPC
- Commission's Decisions
Last revised date:
- The Organisation launched the CMS, including the Membership Portal, in stages.
- The Organisation, as owner of the CMS, is responsible for identifying the omission and articulating its business requirements relating to the protection of personal data stored in the CMS.
- The Organisation, as owner of the CMS, should have included it as part of its personal data asset inventory and ensured that its data protection policies covered personal data held in the CMS.
- MAS
- Guidelines
Last revised date:
- These guidelines apply to the following capital markets services (CMS) licensees which are: Dealing in securities and trading in futures contracts. Members of an approved exchange or designated clearing house.
- SECURITIES AND FUTURES ACT (CAP. 289) GUIDELINES ON THE SPECIFICATION OF ENTITIES UNDER SUB- PARAGRAPH (b)(vi) OF THE DEFINITION OF QUALIFYING DEPOSIT IN PARAGRAPH 1(4) OF THE SECOND SCHEDULE TO THE SECURITIES AND FUTURES (FINANCIAL AND MARGIN REQUIREMENTS FOR HOLDERS OF CAPITAL
- Calculation of Counterparty Risk Requirement for Specified Entities 3 3.1 For the purposes of sub-paragraphs (49) to (51) of paragraph 3 of the Third Schedule to the SFR, a holder of a capital markets services licence shall treat a deposit with any of the entities set out in
- MAS
- Consultations
Last revised date:
- HOLDERS OF CAPITAL MARKETS SERVICES LICENCE AND REPRESENTATIVES Capital Markets Services Licence Need for capital markets services licence 82. (1) Subject to subsection (2) and section 99, no person shall, whether as principal or agent, carry on business in any regulated activity or hold himself
- [16/2003] Deposit to be lodged in respect of capital markets services licence 91. (1) The Authority may, in granting, renewing or varying a capital markets services licence, require the applicant to lodge with 57 -------- Proposed Amendment capital
- may be, in that holder of a capital markets services licence; (b) by any officer or auditor of the holder of a capital markets services licence to any other officer or auditor, solely in connection with the performance of their duties in that holder of a capital
- MAS
- Consultations
Last revised date:
- Fund Management Company or a person who is exempted from holding a capital markets services licence under paragraph 7(1)(b) of the Second Schedule.
- In particular, this online system will enable existing EFMs and new entrants to submit an online application for a Capital Markets Services licence in fund management, or to file as a Registered FMC.
- Regulation 56 of the principal Regulations is deleted and the following regulation substituted therefor: Persons exempt from holding a capital markets services licence under paragraph 5(1)(d) of Second Schedule in force before [effective date] 56.
- MAS
- Forms and Templates
Last revised date:
- Please note that Form 1 is for a company, other than a company of which its main business activity is in fund management, which intends to apply for a Capital Markets Services (CMS) licence.
- SECURITIES AND FUTURES ACT 2001 SECURITIES AND FUTURES (LICENSING AND CONDUCT OF BUSINESS) REGULATIONS FORM 1 APPLICATION FOR A CAPITAL MARKETS SERVICES LICENCE UNDER SECTION 84(1) OF THE SECURITIES AND FUTURES ACT APPLICATION FOR A CAPITAL MARKETS SERVICES LICENCE UNDER SECTION 84(1) OF THE
- MAS
- Exemptions
Last revised date:
- MAS granted an exemption to these IDBs from holding a Capital Markets Services (CMS) licence for trading in futures contracts.
- The exemption was to allow the respective REIT managers to offer new units in the REIT to accredited investors and other investors in reliance on the exemption under section 305 of the SFA, and is granted on condition that the respective REIT managers hold a Capital Market Services (CMS) licence
- to conduct the regulated activity of real estate investment trust management. -------- 4 2 26 April 2018 30 April 2018 2 3 4 Exemption from requirement to hold a Capital Markets Services (CMS) licence for fund management Section 99(1)(h) of the SFA, read with section 337