MAS intends to implement the amendments to the SFA by … An entity … The Securities and Futures (Amendment) Act 2017 (“SF(A)A”) took effect on 8 October 2018. The Monetary Authority of Singapore (“MAS”) has issued a consultation paper inviting comments on proposed new regulations that implement some of the key changes to the regulatory framework of the Securities and Futures Act (“SFA”), following the passage of the Securities and Futures (Amendment) Act 2017 (“SFAA”) on 9 January 2017. Together with new and revised underlying regulations, notices and guidelines that were simultaneously released, the SF(A)A introduces changes to rules in connection with licensing, prospectus requirements, conduct of business and market misconduct.
The Securities and Futures (Amendment) Act 2017 passed by Parliament on 9 January 2017 introduces wide-ranging amendments to the Securities and Futures Act (SFA) and provides the Monetary Authority of Singapore (MAS) with legislative powers to complete its implementation of over-the-counter (OTC) derivatives reforms. After holding a hearing, the Manitoba Securities Commission may file an order in the Court of Queen's Bench. The Bill gives the Monetary Authority of Singapore (MAS) increased powers and flexibility to bring non-conventional investment products within regulatory perimeters. CAREC First Capital Market Regulator’s Forum. The Securities and Futures (Amendment) Act 2017 (“SF(A)A”) took effect on 8 October 2018. The CAREC First Capital Market Regulator’s Forum, organized by SECP from 29 to 30 August, provides a platform for development leaders and industry experts to discuss solutions to global challenges faced by capital market regulators for better capital markets development in the CAREC region, which include the use of technology. CONSULTATION PAPER I ON DRAFT NOTICES AND GUIDELINES PURSUANT TO THE SECURITIES AND FUTURES ACT 6 OCT 2017 Monetary Authority of Singapore 3 1 Preface 1.1 The SF(A) Act was passed by Parliament on 9 January 2017. The entity will then have a further nine months to submit its application to MAS. Securities and Futures (Amendment) Act 2017 (T) for an entity to assess if it operates an organised market and to notify MAS of its intention to apply for AE or RMO status. THE BUSINESS TIMES Securities and Futures (Amendment) Act 2017 - Find Securities and Futures (Amendment) Act 2017 News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times.
On 9 January 2017, the Securities and Futures (Amendment) Bill 2016 was read for the second time in Parliament and passed introducing wide ranging amendments to the Securities and Futures Act on four key areas: (i) Enhancing regulatory safeguards for retail investors including the introduction of an opt-in regime for accredited investors
It provides MAS with legislative powers under the SFA to regulate market operators and capital markets