Notices
 Published Date: 08 October 2021

Notice SFA 04-N17 on Requirements in relation to Cross-Border Arrangements under the Securities and Futures (Exemption for Cross-Border Arrangements) (Foreign Related Corporations) Regulations 2021

Requirements for specified capital markets services licensees (“CMSLs”) and specified exempt CMSLs in relation to their cross-border arrangements with Foreign Related Corporations (“FRCs”) under the Securities and Futures (Exemption for Cross-Border Arrangements) (Foreign Related Corporations) Regulations 2021.
Issued pursuant to: Securities and Futures Act (Cap. 289) section 101
Applies to: Dealing in Capital Markets Products , Product Financing , Providing Custodial Services , Licensed Fund Management Company , Corporate Finance Advisory , REIT Management , Credit Rating Agency , Securities Crowdfunding , Exempt Capital Markets Services Entity , Exempt Futures Broker , Exempt OTC Derivatives Broker
View Notice Notice SFA 04-N17 on Requirements in relation to Cross-Border Arrangements under the Securities and Futures (Exemption for Cross-Border Arrangements) (Foreign Related Corporations) Regulations 2021 (172.9 KB)

This notice applies to

- Capital markets services licensees (excluding venture capital fund managers);

- Exempt futures brokers and exempt over-the-counter derivatives brokers; and

- Banks, merchant banks, finance companies and insurers

that have entered into cross-border arrangements with their FRCs to conduct regulated activities under the SFA.

It sets out the ongoing requirements for these Specified Regulated Entities which serve to mitigate the risks from cross-border arrangements with their FRCs.

Amendment Notes

There are no amendment notes for this notice.