Sets out requirements for licensing, representative notification and conduct of business, and criteria for exemptions from licensing.
Last Revised Date: 10 May 2021
Forms and Templates
Form 29 - Notice of Cessation of Business / Any Regulated Activity by a Person Exempted from Holding a Capital Markets Services Licence under Section 99(1)(a), (b), (c) and (d)
Form for banks, merchant banks, finance companies and insurers to notify MAS when they cease any regulated activity or activities. This form must be submitted within 14 days after the cessation of the regulated activity or activities.
Form 29 should be lodged by email in a single password-protected zip file to your MAS officer-in-charge, together with any accompanying attachments in machine-readable format. The password should be communicated via a different medium (e.g. telephone).