Launch of Notification Platform for Restricted Schemes

 

Following our announcement on 8 Sept 2009, MAS is pleased to announce the launch of CISNet, an online notification platform that allows fund managers or their appointed agents to notify the MAS of their intention to offer collective investment schemes (otherwise known as "restricted schemes") to accredited investors and other investors under section 305 of the Securities and Futures Act and the 6th Schedule of the Securities and Futures (Offers of Investments) (Collective Investment Schemes) Regulations ("SFR"). CISNet will also allow fund managers or their appointed agents to update MAS of changes to the particulars of their restricted schemes. CISNet is accessible from today through a link in the "related sites" portion of the MAS home page.

2   The amendments to the 6th Schedule of the SFR will also come into force today. These amendments may be found at http://www.mas.gov.sg/resource/legislation_guidelines/securities_futures/sub_legislation/ SF_OI_CIS_Amendment_Regulations_2009_15Sep09.pdf

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Last Modified on 26/11/2016