Sets out requirements for licensing, representative notification and conduct of business, and criteria for exemptions from licensing.

Proposed revisions to both sets of regulations, in respect of registers of interests in securities, definition of customer assets, exemptions for dealing activities and maximum penalty under the general penalty provision. The paper also clarifies the types of forms to be maintained under these regulations.

Consultation number:

P007 - 2009

Start date:

16 June 2009

Closing date:

15 July 2009

MAS response date:

19 October 2010