Responded
The consultation response was published on 08 October 2021.
Consultations
Consultation Paper on Proposed Exemption Framework for Cross-Border Business Arrangements of Capital Markets Intermediaries Involving Foreign Offices
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
- MAS Response Date:
- 08 October 2021
Response
VIEW DOCUMENT
- Response to Consultation on Proposed Exemption Framework for Cross-Border Business Arrangements of Capital Markets Intermediaries Involving Foreign Offices (476 KB)
- Annex A and B of Response to Consultation on Proposed Exemption Framework for Cross-Border Business Arrangements of Capital Markets Intermediaries Involving Foreign Offices (448.8 KB)
Consultation Paper
Additional Documents
- Annexes A1 to D Consolidated (ZIP, 1.89 MB)
- Annex A1 Draft Notice of Commencement of Cross-Border Arrangements Form (243.1 KB)
- Annex A2 Draft Notice of Change in Particulars to Cross-Border Arrangements Form (233.6 KB)
- Annex A3 Draft Annual Declaration for Cross-Border Arrangements Form (226 KB)
- Annex B1 Draft Securities and Futures Exemption from Requirements CrossBorder Arrangements Foreign R (148.4 KB)
- Annex B2 Draft Financial Advisers Exemption from Requirements CrossBorder Arrangements Foreign Relat (145.9 KB)
- Annex B3 Draft Notice on Requirements in relation to CrossBorder Arrangements under the SFECBAFRCR (167.7 KB)
- Annex B4 Draft Notice on Requirements in relation to CrossBorder Arrangements under the FAECBAFRCR (150.9 KB)
- Annex C1 Draft Securities and Futures Exemption from Requirements CrossBorder Arrangements Foreign O (161.9 KB)
- Annex C2 Draft Financial Advisers Exemption from Requirements CrossBorder Arrangements Foreign Offic (174.6 KB)
- Annex C3 Draft Notice on Requirements in relation to CrossBorder Arrangements under the SFECBAFOR (148.6 KB)
- Annex C4 Draft Notice on Requirements in relation to CrossBorder Arrangements under the FAECBAFOR (137.1 KB)
- Annex D Draft Amendments to Regulation 32C of the Financial Advisers Regulations (190.7 KB)