MAS has issued its response to the Consultation Paper on the Review of the Regulatory Regime for Fund Management Companies and Exempt Financial Intermediaries, which was published on 27 April 2010.

Proposed (i) revisions to the regulatory regime for fund management companies, and (ii) removal of the licensing exemption for exempt leveraged foreign exchange traders, with clarification on the exemption regime for exempt corporate finance advisers and exempt financial advisers.

Consultation number:

P008 - 2010

Start date:

27 April 2010

Closing date:

31 May 2010

MAS response date:

28 September 2010