Guidelines

Published Date: 10 October 2016

Guidelines on the Regulation of Clearing Facilities

Requirements for operators of clearing facilities.

Applies to: Clearing House

View Document Guidelines on the Regulation of Clearing Facilities (458.7 KB)

These guidelines explain how MAS regulates operators of clearing facilities pursuant to Part III of the Securities and Futures Act (Cap. 289) . In particular, guidance is provided on the following areas:

Scope of MAS' regulatory ambit.
Obligations of approved clearing houses and recognised clearing houses.
How customers' monies and assets held by approved clearing houses are to be handled.
How fees of approved clearing houses and recognised clearing houses are regulated.