This consultation paper seeks feedback on the proposed transitional arrangements for existing Registered Fund Management Companies (“RFMCs”) that intend to continue operating fund management businesses following the repeal of the regulatory regime for RFMCs.

Consultation number:

P015 - 2023

Start date:

24 October 2023

Closing date:

31 December 2023

MAS response date:

28 March 2024

Form for licensed fund management companies to apply for the appointment of a Chief Executive Officer or director; or to change a directors role from non-executive to executive.

Provides guidance on regulatory requirements that an exempt financial adviser serving up to not more than 30 accredited investors or an exempt corporate finance adviser is expected to comply with, including criteria for exemption, form for lodgement as an exempt person and ongoing regulatory requirements.

Guidelines on procedures to apply for a Capital Markets Services or Financial Advisory licence, appoint representatives and pay fees.

Form for capital markets services licensees to apply for additional type(s) of regulated activity/activities.

Form for capital markets services (CMS) licensees, banks, merchant banks, finance companies and insurers to notify MAS before an appointed representative adds other type(s) of regulated activity or activities.

Sets out requirements for licensing, representative notification and conduct of business, and criteria for exemptions from licensing.

Form for licensed financial advisers and exempt financial advisers to notify MAS of the appointment of provisional representatives.

Proposed simplified authorisation process and regulatory framework for venture capital managers.

Consultation number:

P004 - 2017

Start date:

15 February 2017

Closing date:

15 March 2017

MAS response date:

20 October 2017

How to qualify to be or appoint provisional and temporary representatives.