These guidelines set out the minimum licensing criteria for real estate investment trust (REIT) managers, and additional guidance on corporate governance arrangements to facilitate their compliance with applicable rules and regulations.
This form should be lodged online via FormSG . After submission, FIs may view a record of their submission by logging into MAS-Tx.
Sets out the best practices that managers, approved trustees, VCC directors and VCC custodians of collective investment schemes offered to retail public are expected to observe on management, operation and marketing of the schemes.
The Code of Corporate Governance (the "Code") came under the purview of MAS and SGX with effect from 1 September 2007.
Provides guidance on • the scope of capital markets services licensing (other than for fund management companies) • appointment of representatives • business conduct rules • the application of the SFA and SF(LCB)R to banks, merchant banks, finance companies and insurers.
Form for licensed financial advisers, capital markets services licensees, banks, merchant banks, finance companies and insurers to notify MAS of the appointment of representatives.
Form for entities (other than fund management companies to apply for a capital markets services licence to conduct regulated activities under the Securities and Futures Act. Fund management companies should submit Form 1A, 1V or 22A, depending on the type and scope of their fund management activities.
Guidelines on procedures to apply for a Capital Markets Services or Financial Advisory licence, appoint representatives and pay fees.
How to comply with risk based capital adequacy requirements.
Form for potential acquirers to seek MAS' approval for obtaining effective control of capital markets services licensees.
Form for capital markets services licensees, other than licensed fund management companies, to apply for the appointment of a Chief Executive Officer or director; or the change in nature of director appointment from non-executive to executive.
Sets out the minimum capital and financial resources, and other financial and margin requirements.
Sets out requirements for licensing, representative notification and conduct of business, and criteria for exemptions from licensing.
Requirements on REIT managers' board and governance, and remuneration for key personnel.
Proposals to the REIT regime to foster stronger governance practices and greater alignment of interests, while providing REITs with more operational flexibility to enhance their portfolio to deliver stronger performance.
Provides for a person to be given an opportunity to be heard by MAS and to be given at least 10 days to submit any written supporting documents as to why MAS should reconsider the decision it intends to make.
