Consultation Paper On Review of Regulatory Framework for Unlisted Margined Derivatives Offered to Retail Investors
Proposed enhancements to the requirements for OTCD margined derivatives such as contracts for differences and leveraged foreign exchange contracts, offered to retail investors. Enhancements included higher margins and disclosures to investors.
Sets out the margin requirements in respect of contracts for differences and spot foreign exchange contracts for the purposes of leveraged foreign exchange trading for banks, merchant banks and finance companies.
Proposed legislative amendments to effect the proposals set out in the May 2012 Consultation Paper on Review of Regulatory Framework for Unlisted Margined Derivatives Offered to Retail Investors and MAS response to the feedback from the industry.