This consultation seeks comments on the draft Notices setting out the proposed anti-money laundering and countering the financing of terrorism requirements under both the proposed Branch Framework and notified FRC framework.

Consultation number:

P005-2021

Start date:

12 May 2021

Closing date:

11 June 2021

Status:

Open

This consultation seeks views on (i) MAS’ proposal to exempt foreign head offices or branches of financial institutions in Singapore from the applicable business conduct and representative notification requirements when they serve Singapore customers; and (ii) proposed notification and annual reporting forms, as well as the draft regulations and notices, for both the proposed Branch Framework and notified FRC framework.

Consultation number:

P001-2021

Start date:

15 March 2021

Closing date:

15 April 2021

Status:

Open

Guidelines on how to qualify for and apply to have foreign related corporations to carry out regulated activities under the Securities and Futures Act.

Guidelines on how to qualify for and apply to have foreign related corporations to carry out regulated activities under the Financial Advisers Act.

Sets out when acts carried out outside Singapore are still subject to the Securities and Futures Act (SFA).