Published Date: 15 March 2021

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:
Start Date:
15 March 2021
Closing Date:
15 April 2021
MAS Response Date:
08 October 2021
Response date: 08 Oct 2021
The consultation response was published on 08 October 2021.