Forms and Templates
 Last Revised Date: 23 March 2023

Form 20 - Notice of Commencement of Business by Persons Exempt from Holding a Financial Adviser's Licence under Section 20(1)(g) read with Regulation 27(1)(d)

Form for persons to notify MAS of their commencement of financial advisory services as an exempt financial adviser serving not more than 30 accredited investors. The form is to be submitted no later than 14 days after the commencement of business.
Applies to: Exempt Financial Adviser Serving up to 30 Accredited Investors
View Document Form 20 - Notice of Commencement of Business by Persons Exempt from Holding a Financial Adviser's Licence under Section 20(1)(g) read with Regulation 27(1)(d) (93.5 KB)
Form 20 should be lodged online via https://go.gov.sg/noticeofcommencementofbusiness-form20