Guidelines
Guidelines on Criteria for the Grant of a Financial Adviser's Licence [FAA-G01]
Guidelines on the licensing admission criteria for persons applying for a financial adviser’s licence under the Financial Advisers Act.
These guidelines set out the licensing admission criteria for persons applying for a financial adviser’s licence under the Financial Advisers Act, including:
- Who needs to apply for a financial adviser's licence.
- Criteria that will be taken into consideration when assessing applications.
See also: FAQs on Financial Advisers Act, Financial Advisers Regulations, Notices and Guidelines (599.4 KB)
Related to this Item
-
FAQsLast Revised Date: 25 September 2023
FAQs on Financial Advisers Act, Financial Advisers Regulations, Notices and Guidelines
Provides guidance to financial advisers about the FAA regime and covers topics including licensing requirements, exemptions, representative notification framework, business conduct and reporting requirements.
-
GuidelinesLast Revised Date: 08 October 2021
Guidelines on Licence Applications, Representative Notification and Payment of Fees [CMG-G01]
Guidelines on procedures to apply for a Capital Markets Services or Financial Advisory licence, appoint representatives and pay fees.
-
ConsultationsPublished Date: 02 October 2014
Consultation Paper on (1) Draft Legislation and Proposed Legislative Amendments to Effect the Policy Proposals under the Financial Advisory Industry Review; and (2) Proposed Legislative Amendments to Authorise Inspections by Foreign Regulatory Authorities under the Financial Advisers Act
Proposed legislative amendments to raise the competency of FA representatives and quality of FA firms; lower distribution cost by enhancing market efficiency; and promote a culture of fair dealing.
- Consultation number:
- P022-2014
- Start date:
- 02 October 2014
- Closing date:
- 03 November 2014
- MAS response date:
- 11 May 2015
-
ConsultationsPublished Date: 05 March 2013
Consultation Paper on Recommendations of the Financial Advisory Industry Review
Proposed recommendations aimed at raising the quality of financial advisers (FA) and competency of FA representatives, improving efficiency in the distribution of life insurance and investment products, and promoting a culture of fair dealing in Singapore.
- Consultation number:
- P004-2013
- Start date:
- 05 March 2013
- Closing date:
- 04 June 2013
- MAS response date:
- 30 September 2013
-
ActsPublished Date: 31 March 2007
Financial Advisers Act 2001
Governs the regulation of financial advisers in Singapore, including their representatives and supervisors.