﻿<?xml version="1.0" encoding="utf-8"?><?xml-stylesheet type="text/xsl" href="/CMS/Content/rss2full.xsl"?><?xml-stylesheet type="text/css" href="/CMS/Content/rss.css"?><rss xmlns:a10="http://www.w3.org/2005/Atom" version="2.0"><channel><title>Financial Services and Markets Act 2022 amendments</title><link>https://sso.agc.gov.sg/Act/FSMA2022?TransactionDate=20230713235959&amp;ViewType=Rss</link><description>Singapore Statutes Online RSS Feed</description><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=P13-</link><title>Financial Services and Markets Act 2022 - Part 3 PROHIBITION ORDER</title><description>Part 3 PROHIBITION ORDER</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=P13-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions on prohibition order</title><description>General provisions on prohibition order</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr6-</link><title>Financial Services and Markets Act 2022 - 6 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — appointee , in relation to a financial institution, or any other person who carries on a business ...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr7-</link><title>Financial Services and Markets Act 2022 - 7 Power of Authority to make prohibition orders</title><description>Power of Authority to make prohibition orders The Authority may, by written notice, make a prohibition order against any person, if the Authority is satisfied that the person is no...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr8-</link><title>Financial Services and Markets Act 2022 - 8 Effect of prohibition orders</title><description>Effect of prohibition orders A person against whom a prohibition order is made must comply with the prohibition order. Where a prohibition order is made against a person (A ), a fi...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr9-</link><title>Financial Services and Markets Act 2022 - 9 Variation or revocation of prohibition orders</title><description>Variation or revocation of prohibition orders The Authority may vary or revoke a prohibition order, by giving written notice to the person against whom the order was made, if the A...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr10-</link><title>Financial Services and Markets Act 2022 - 10 Date and effect of prohibition orders</title><description>Date and effect of prohibition orders A prohibition order, or any variation or revocation of a prohibition order, takes effect on the date specified by the Authority in the order o...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr11-</link><title>Financial Services and Markets Act 2022 - 11 Power of Authority to publish information</title><description>Power of Authority to publish information The Authority — must publish the making of a prohibition order under section 7, and the variation or revocation of a prohibition order und...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr12-</link><title>Financial Services and Markets Act 2022 - 12 Records of prohibition orders</title><description>Records of prohibition orders The Authority must keep, in such form as the Authority thinks fit, records on persons — against whom prohibition orders are made under section 7; and ...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=P13-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Appeals on prohibition orders and miscellaneous</title><description>Appeals on prohibition orders and miscellaneous</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr13-</link><title>Financial Services and Markets Act 2022 - 13 Appeals to Minister</title><description>Appeals to Minister Where an appeal is made to the Minister under this Part, the Minister may confirm, vary or reverse the decision of the Authority on appeal, or give such directi...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr14-</link><title>Financial Services and Markets Act 2022 - 14 Appeal Advisory Committees</title><description>Appeal Advisory Committees For the purpose of enabling Appeal Advisory Committees to be constituted under section 13, the Minister is to appoint a panel (called in this Part the Ap...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr193-</link><title>Financial Services and Markets Act 2022 - 193 Amendment of Banking Act 1970</title><description>Amendment of Banking Act 1970 Subject to subsection (2), section 2(1) of the Banking Act 1970 is amended by deleting the definition of financial holding company and substituting th...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr196-</link><title>Financial Services and Markets Act 2022 - 196 Amendment of Credit Bureau Act 2016</title><description>Amendment of Credit Bureau Act 2016 Section 2 of the Credit Bureau Act 2016 is amended by deleting the words approved as a financial institution under section 28 of the Monetary Au...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr199-</link><title>Financial Services and Markets Act 2022 - 199 Amendment of Finance Companies Act 1967</title><description>Amendment of Finance Companies Act 1967 Section 15(1) of the Finance Companies Act 1967 is amended by deleting the words Division 2, 3, 4 or 4A of Part 4B of the Monetary Authority...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr200-</link><title>Financial Services and Markets Act 2022 - 200 Amendment of Financial Advisers Act 2001</title><description>Amendment of Financial Advisers Act 2001 Section 2(1) of the Financial Advisers Act 2001 is amended — by inserting, immediately after paragraph (b ) of the definition of prescribed...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr201-</link><title>Financial Services and Markets Act 2022 - 201 Amendment of Financial Holding Companies Act 2013</title><description>Amendment of Financial Holding Companies Act 2013 Section 53 of the Financial Holding Companies Act 2013 is amended by inserting, immediately after paragraph (c ) of the definition...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr204-</link><title>Financial Services and Markets Act 2022 - 204 Amendment of Insurance Act 1966</title><description>Amendment of Insurance Act 1966 Section 36 of the Insurance Act 1966 is amended — by deleting the words under section 74, or under section 68 of the Financial Advisers Act 2001 or ...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr207-</link><title>Financial Services and Markets Act 2022 - 207 Amendment of Payment Services Act 2019</title><description>Amendment of Payment Services Act 2019 Section 2(1) of the Payment Services Act 2019 is amended by inserting, immediately after the definition of place of business , the following ...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr209-</link><title>Financial Services and Markets Act 2022 - 209 Amendment of Securities and Futures Act 2001</title><description>Amendment of Securities and Futures Act 2001 Section 2(1) of the Securities and Futures Act 2001 is amended — by inserting, immediately after the definition of franchise , the foll...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr212-</link><title>Financial Services and Markets Act 2022 - 212 Amendment of Variable Capital Companies Act 2018</title><description>Amendment of Variable Capital Companies Act 2018 Section 2(1) of the Variable Capital Companies Act 2018 is amended — by inserting, immediately after the definition of financial ye...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr217-</link><title>Financial Services and Markets Act 2022 - 217 Saving and transitional provisions in relation to amendments to Financial Advisers Act 2001</title><description>Saving and transitional provisions in relation to amendments to Financial Advisers Act 2001 Any prohibition order made under section 68(1) of the Financial Advisers Act 2001 as in ...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr218-</link><title>Financial Services and Markets Act 2022 - 218 Saving and transitional provisions in relation to amendments to Insurance Act 1966</title><description>Saving and transitional provisions in relation to amendments to Insurance Act 1966 Any order made under section 74(1) of the Insurance Act 1966 as in force immediately before the d...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr220-</link><title>Financial Services and Markets Act 2022 - 220 Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001</title><description>Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001 For the purposes of sections 14(1)(e ), 46H(1)(da ), 56(1)(da ), 81Z(1)(da ), 95(2)(...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=xv-</link><title>Financial Services and Markets Act 2022 - Legislative History</title><description>This Legislative History is a service provided by the Law Revision Commission on a best-efforts basis. It is not part of the Act. Act 18 of 2022 Financial Services and Markets Act ...</description><pubDate>Wed, 31 Jul 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=P15-</link><title>Financial Services and Markets Act 2022 - Part 5 TECHNOLOGY RISK MANAGEMENT</title><description>Part 5 TECHNOLOGY RISK MANAGEMENT</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr29-</link><title>Financial Services and Markets Act 2022 - 29 Power of Authority in relation to technology risk management</title><description>Power of Authority in relation to technology risk management The Authority may, from time to time, issue such directions, or make such regulations under section 192, concerning any...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=P17-</link><title>Financial Services and Markets Act 2022 - Part 7 CONTROL OVER FINANCIAL INSTITUTIONS</title><description>Part 7 CONTROL OVER FINANCIAL INSTITUTIONS</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P17-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions</title><description>General provisions</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr39-</link><title>Financial Services and Markets Act 2022 - 39 Application and interpretation of this Part</title><description>Application and interpretation of this Part This Part applies to, and in relation to, every relevant financial institution. In this Part, unless the context otherwise requires — ch...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr40-</link><title>Financial Services and Markets Act 2022 - 40 Information of insolvency, etc.</title><description>Information of insolvency, etc. Any relevant financial institution which is or is likely to become insolvent, which is or is likely to become unable to meet its obligations, or whi...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr41-</link><title>Financial Services and Markets Act 2022 - 41 Action by Authority if relevant financial institution unable to meet obligations, etc.</title><description>Action by Authority if relevant financial institution unable to meet obligations, etc. The Authority may exercise any one or more of the powers specified in subsection (2) as appea...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr42-</link><title>Financial Services and Markets Act 2022 - 42 Effect of assumption of control under section 41</title><description>Effect of assumption of control under section 41 Upon assuming control of the relevant business of a relevant financial institution, the Authority or statutory manager (as the case...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr43-</link><title>Financial Services and Markets Act 2022 - 43 Duration of control</title><description>Duration of control The Authority must cease to control the relevant business of a relevant financial institution when the Authority is satisfied that — the reasons for the Authori...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr44-</link><title>Financial Services and Markets Act 2022 - 44 Responsibilities of officers, member, etc., of relevant financial institution</title><description>Responsibilities of officers, member, etc., of relevant financial institution During the period when the Authority or statutory manager is in control of the relevant business of a ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr45-</link><title>Financial Services and Markets Act 2022 - 45 Remuneration and expenses of Authority and others in certain cases</title><description>Remuneration and expenses of Authority and others in certain cases The Authority may at any time fix the remuneration and expenses to be paid by a relevant financial institution — ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr46-</link><title>Financial Services and Markets Act 2022 - 46 Voluntary transfer of business of relevant financial institution</title><description>Voluntary transfer of business of relevant financial institution A transferor may transfer the whole or any part of its business (including any business that is not the significant...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr47-</link><title>Financial Services and Markets Act 2022 - 47 Approval of transfer of business of relevant financial institution</title><description>Approval of transfer of business of relevant financial institution A transferor must apply to the Court for its approval of the transfer of the whole or any part of the business of...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr48-</link><title>Financial Services and Markets Act 2022 - 48 Disqualification or removal of director or executive officer of relevant financial institution</title><description>Disqualification or removal of director or executive officer of relevant financial institution Despite the provisions of any other written law — a relevant financial institution mu...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr49-</link><title>Financial Services and Markets Act 2022 - 49 Provisions as to compromise or arrangement relating to certain financial institutions, etc.</title><description>Provisions as to compromise or arrangement relating to certain financial institutions, etc. This section applies despite any other written law. In any proceedings under section 210...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr50-</link><title>Financial Services and Markets Act 2022 - 50 Regulations for this Part</title><description>Regulations for this Part Regulations made under section 192 for this Part may prescribe — that any contravention of a provision of the regulations shall be an offence punishable (...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr51-</link><title>Financial Services and Markets Act 2022 - 51 Notice concerning recovery and resolution plans</title><description>Notice concerning recovery and resolution plans The Authority may issue a notice to pertinent financial institutions requiring each pertinent financial institution to which a direc...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr52-</link><title>Financial Services and Markets Act 2022 - 52 Direction for recovery plan and its implementation</title><description>Direction for recovery plan and its implementation The Authority may issue a direction to a pertinent financial institution — requiring the pertinent financial institution to compl...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr53-</link><title>Financial Services and Markets Act 2022 - 53 Resolution planning</title><description>Resolution planning The Authority may prepare plans for the orderly resolution of a pertinent financial institution, and may for that purpose issue a direction to the pertinent fin...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr54-</link><title>Financial Services and Markets Act 2022 - 54 Power to direct removal of impediments</title><description>Power to direct removal of impediments This section applies if the Authority is of the opinion that an impediment exists to the orderly resolution of a pertinent financial institut...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr55-</link><title>Financial Services and Markets Act 2022 - 55 Appeal against direction to remove impediment</title><description>Appeal against direction to remove impediment A pertinent financial institution that is aggrieved by a direction issued to it under section 52(2)(b ) or 54(2) may, within 30 days a...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr56-</link><title>Financial Services and Markets Act 2022 - 56 Provisions concerning directions and notices under this Division</title><description>Provisions concerning directions and notices under this Division A direction or notice under this Division must be in writing. It is not necessary to publish a direction or notice ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr57-</link><title>Financial Services and Markets Act 2022 - 57 Offences under this Division</title><description>Offences under this Division A pertinent financial institution that does not comply with a direction or notice of the Authority under this Division shall be guilty of an offence an...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P18-</link><title>Financial Services and Markets Act 2022 - Part 8 RESOLUTION OF FINANCIAL INSTITUTIONS</title><description>Part 8 RESOLUTION OF FINANCIAL INSTITUTIONS</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=P18-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions</title><description>General provisions</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr58-</link><title>Financial Services and Markets Act 2022 - 58 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — affected person , in relation to a specified financial institution, means any person prescribed by...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr59-</link><title>Financial Services and Markets Act 2022 - 59 Exercise of powers under Divisions 2, 4, 5 and 6 of this Part</title><description>Exercise of powers under Divisions 2, 4, 5 and 6 of this Part In determining whether to exercise its powers under Divisions 2, 4, 5 and 6 of this Part in relation to a pertinent fi...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr60-</link><title>Financial Services and Markets Act 2022 - 60 Directions or regulations concerning persons that have ceased to be specified financial institutions</title><description>Directions or regulations concerning persons that have ceased to be specified financial institutions The Authority may, from time to time, issue such directions, or make such regul...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr61-</link><title>Financial Services and Markets Act 2022 - 61 Directions and notices issued under this Act or other MAS scheduled Act to continue to apply to persons who cease to be specified financial institutions</title><description>Directions and notices issued under this Act or other MAS scheduled Act to continue to apply to persons who cease to be specified financial institutions Where a person ceases to be...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr62-</link><title>Financial Services and Markets Act 2022 - 62 Moratorium</title><description>Moratorium The Authority may, if the Authority considers it to be in the interests of the affected persons of a specified financial institution, make an order prohibiting that spec...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr63-</link><title>Financial Services and Markets Act 2022 - 63 General provisions as to winding up</title><description>General provisions as to winding up On the application of the Authority, the Court may, in addition to the grounds specified in section 125(1) of the Insolvency, Restructuring and ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr64-</link><title>Financial Services and Markets Act 2022 - 64 Power of Court to take action against directors and executive officers</title><description>Power of Court to take action against directors and executive officers Without affecting any provision of this Act or any other MAS scheduled Act, if, in the course of exercising t...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=P18-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Compulsory transfer of business of pertinent financial institution</title><description>Compulsory transfer of business of pertinent financial institution</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr65-</link><title>Financial Services and Markets Act 2022 - 65 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr66-</link><title>Financial Services and Markets Act 2022 - 66 Compulsory transfer of business</title><description>Compulsory transfer of business Subject to subsections (2), (3) and (7), the Authority may make a determination that the whole or any part of the business of a transferor must be t...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr67-</link><title>Financial Services and Markets Act 2022 - 67 Certificate of transfer</title><description>Certificate of transfer If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of transfer, which comes into effect on the date sp...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr68-</link><title>Financial Services and Markets Act 2022 - 68 Moratorium, avoidance of disposition of property, etc.</title><description>Moratorium, avoidance of disposition of property, etc. Despite section 62(2) but subject to section 134, no resolution may be passed, and no order may be made, for the winding up o...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P18-P23-</link><title>Financial Services and Markets Act 2022 - Division 3 Reverse transfer of business and onward transfer of business</title><description>Reverse transfer of business and onward transfer of business</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr69-</link><title>Financial Services and Markets Act 2022 - 69 Interpretation of this Division</title><description>Interpretation of this Division In this Division — 2nd transferee means the person to which the whole or part of a transferor’s business that was transferred to a transferee by a c...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr70-</link><title>Financial Services and Markets Act 2022 - 70 Reverse transfer of business</title><description>Reverse transfer of business Subject to this section, the Authority may, at any time after the transfer of any business under a certificate of transfer, make a determination that t...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr71-</link><title>Financial Services and Markets Act 2022 - 71 Reverse transfer certificate</title><description>Reverse transfer certificate If the Minister approves a determination under section 70, the Minister must, as soon as practicable, issue a certificate (called in this section the r...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr72-</link><title>Financial Services and Markets Act 2022 - 72 Onward transfer of business</title><description>Onward transfer of business Subject to this section, the Authority may, at any time after the transfer of any business under a certificate of transfer, make a determination that th...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr73-</link><title>Financial Services and Markets Act 2022 - 73 Onward transfer certificate</title><description>Onward transfer certificate If the Minister approves a determination under section 72, the Minister must, as soon as practicable, issue a certificate (called in this section the on...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P18-P24-</link><title>Financial Services and Markets Act 2022 - Division 4 Compulsory transfer of shares of pertinent financial institution</title><description>Compulsory transfer of shares of pertinent financial institution</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr74-</link><title>Financial Services and Markets Act 2022 - 74 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr75-</link><title>Financial Services and Markets Act 2022 - 75 Compulsory transfer of shares</title><description>Compulsory transfer of shares The Authority may make a determination that all or any of the shares held by a transferor in a pertinent financial institution incorporated in Singapo...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr76-</link><title>Financial Services and Markets Act 2022 - 76 Certificate of transfer</title><description>Certificate of transfer If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of transfer, which comes into effect on the date sp...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P18-P25-</link><title>Financial Services and Markets Act 2022 - Division 5 Compulsory restructuring of share capital of pertinent financial institution</title><description>Compulsory restructuring of share capital of pertinent financial institution</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr77-</link><title>Financial Services and Markets Act 2022 - 77 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr78-</link><title>Financial Services and Markets Act 2022 - 78 Compulsory restructuring of share capital</title><description>Compulsory restructuring of share capital The Authority may make a determination that the share capital of a pertinent financial institution incorporated in Singapore be reduced by...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr79-</link><title>Financial Services and Markets Act 2022 - 79 Certificate of restructuring of share capital</title><description>Certificate of restructuring of share capital If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of restructuring of share cap...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P18-P26-</link><title>Financial Services and Markets Act 2022 - Division 6 Bail-in powers</title><description>Bail-in powers</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr80-</link><title>Financial Services and Markets Act 2022 - 80 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — appointed date , in relation to a bail‑in certificate, means the date appointed for the ba...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr81-</link><title>Financial Services and Markets Act 2022 - 81 Exercise of powers under this Division</title><description>Exercise of powers under this Division In exercising any power under this Division, the Authority must have regard to the desirability of giving each pre‑resolution creditor or pre...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr82-</link><title>Financial Services and Markets Act 2022 - 82 Determination by Authority</title><description>Determination by Authority Subject to subsection (2), the Authority may make one or more of the following determinations concerning one or more eligible instruments issued by a Div...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr83-</link><title>Financial Services and Markets Act 2022 - 83 Approval by Minister of determination</title><description>Approval by Minister of determination Before approving a determination of the Authority, the Minister must, unless the Minister decides that it is not practicable or desirable to d...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr84-</link><title>Financial Services and Markets Act 2022 - 84 Bail-in certificate</title><description>Bail-in certificate If the Minister approves a determination, the Minister must, as soon as practicable, issue a bail‑in certificate. The bail-in certificate comes into effect on s...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr85-</link><title>Financial Services and Markets Act 2022 - 85 Effects of bail-in certificate</title><description>Effects of bail-in certificate A provision in a bail-in certificate has effect despite any restriction arising by reason of contract, any written law or rule of law in force before...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr86-</link><title>Financial Services and Markets Act 2022 - 86 Moratorium</title><description>Moratorium Despite section 62(2) but subject to section 134, during the period beginning on the date of publication of the notice in section 83(1)(a ) in the Gazette or (where the ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr87-</link><title>Financial Services and Markets Act 2022 - 87 Significant shareholder by reason of bail-in certificate</title><description>Significant shareholder by reason of bail-in certificate Where any person becomes a significant shareholder of a Division 6 FI or resulting FI as a result of a provision of a bail‑...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr88-</link><title>Financial Services and Markets Act 2022 - 88 Directions for disposal</title><description>Directions for disposal If the Minister is satisfied that any person has failed to comply with a condition imposed on the person in section 87(2) or (3), or if the Minister has ser...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr89-</link><title>Financial Services and Markets Act 2022 - 89 Offence</title><description>Offence A person that fails to comply with a condition imposed on the person in section 87(2) or (3), or a notice served on the person in section 87(5) or 88(1), shall be guilty of...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr90-</link><title>Financial Services and Markets Act 2022 - 90 Restriction on eligible instruments</title><description>Restriction on eligible instruments To ensure the effective operation of the provisions of this Division on an eligible instrument, regulations made under section 135 may impose a ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P18-P27-</link><title>Financial Services and Markets Act 2022 - Division 7 Termination rights</title><description>Termination rights</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr91-</link><title>Financial Services and Markets Act 2022 - 91 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — approved clearing house has the meaning given by section 2(1) of the Securities and Future...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr92-</link><title>Financial Services and Markets Act 2022 - 92 Effect of resolution measure on contracts where substantive obligations continue to be performed</title><description>Effect of resolution measure on contracts where substantive obligations continue to be performed This section applies to a contract that satisfies both of the following: one of the...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr93-</link><title>Financial Services and Markets Act 2022 - 93 Right to temporarily suspend termination right for contracts because of resolution measure</title><description>Right to temporarily suspend termination right for contracts because of resolution measure This section applies to a contract one of the parties to which is — a pertinent financial...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr94-</link><title>Financial Services and Markets Act 2022 - 94 When suspension takes effect</title><description>When suspension takes effect A suspension by a notice under section 93 takes effect from (and including) the time of publication of the notice under that section in the Gazette or ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=P18-P28-</link><title>Financial Services and Markets Act 2022 - Division 8 Assistance to foreign resolution authorities and domestic authorities</title><description>Assistance to foreign resolution authorities and domestic authorities</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr95-</link><title>Financial Services and Markets Act 2022 - 95 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — domestic authority  — means any ministry or department of the Government, any Organ of Sta...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr96-</link><title>Financial Services and Markets Act 2022 - 96 Conditions for provision of assistance to foreign resolution authority</title><description>Conditions for provision of assistance to foreign resolution authority The Authority may provide the assistance referred to in section 98 to a foreign resolution authority, if the ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr97-</link><title>Financial Services and Markets Act 2022 - 97 Other factors to consider for provision of assistance to foreign resolution authority</title><description>Other factors to consider for provision of assistance to foreign resolution authority In deciding whether to grant a request for assistance referred to in section 98 from a foreign...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr98-</link><title>Financial Services and Markets Act 2022 - 98 Assistance that may be rendered to foreign resolution authority</title><description>Assistance that may be rendered to foreign resolution authority Despite the provisions of any prescribed written law or any requirement imposed thereunder or any rule of law, the A...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr99-</link><title>Financial Services and Markets Act 2022 - 99 Assistance to domestic authority</title><description>Assistance to domestic authority Despite any obligation as to secrecy or other restriction upon the disclosure of information imposed by any prescribed written law or any requireme...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr100-</link><title>Financial Services and Markets Act 2022 - 100 Offences under this Division</title><description>Offences under this Division Any person who — without reasonable excuse, refuses or fails to comply with an order under section 98(1)(b ) or (c ); in purported compliance with an o...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr101-</link><title>Financial Services and Markets Act 2022 - 101 Immunity for providing material, etc.</title><description>Immunity for providing material, etc. No liability, other than for an offence under section 100, shall lie against any person for — providing to the Authority any material or copy ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=P18-P29-</link><title>Financial Services and Markets Act 2022 - Division 9 Recognition of foreign resolutions</title><description>Recognition of foreign resolutions</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr102-</link><title>Financial Services and Markets Act 2022 - 102 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — determination means a determination made under section 103; foreign financial institution ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr103-</link><title>Financial Services and Markets Act 2022 - 103 Determination over foreign resolution</title><description>Determination over foreign resolution This section applies where a foreign resolution authority of a foreign country or territory makes a request to the Authority to recognise a fo...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr104-</link><title>Financial Services and Markets Act 2022 - 104 Order to give effect to foreign resolution</title><description>Order to give effect to foreign resolution If the Minister approves a determination that a foreign resolution should be recognised in whole or in part, the Minister must, as soon a...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr105-</link><title>Financial Services and Markets Act 2022 - 105 Directions</title><description>Directions The Authority may, from time to time, issue such directions to any person that is approved, authorised, designated, recognised, registered, licensed or otherwise regulat...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr106-</link><title>Financial Services and Markets Act 2022 - 106 Offence</title><description>Offence A person that refuses or fails to comply with a provision of the order under section 104 that applies to the person, or a direction issued to the person under section 105, ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=P18-P210-</link><title>Financial Services and Markets Act 2022 - Division 10 Resolution funding</title><description>Resolution funding</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr107-</link><title>Financial Services and Markets Act 2022 - 107 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — Agency means the company designated by the Minister under section 56 of the Deposit Insura...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr108-</link><title>Financial Services and Markets Act 2022 - 108 Establishment of resolution fund</title><description>Establishment of resolution fund For the purposes of supporting a resolution measure undertaken for a financial institution and other matters relating to the measure, the Minister ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr109-</link><title>Financial Services and Markets Act 2022 - 109 Trustee of resolution fund</title><description>Trustee of resolution fund The duty of the trustee of a resolution fund is to administer and manage the resolution fund, and in particular — to make withdrawals from the resolution...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr110-</link><title>Financial Services and Markets Act 2022 - 110 Withdrawal from resolution fund</title><description>Withdrawal from resolution fund The trustee of a resolution fund must, at the Minister’s direction, make one or more withdrawals from the resolution fund and apply the moneys withd...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr111-</link><title>Financial Services and Markets Act 2022 - 111 Recovery of sums withdrawn</title><description>Recovery of sums withdrawn Where one or more withdrawals have been made from a resolution fund under section 110, the Minister may direct the trustee of the resolution fund to reco...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr112-</link><title>Financial Services and Markets Act 2022 - 112 Claim from financial institution under resolution</title><description>Claim from financial institution under resolution Where a direction has been given under section 111(1)(a ), the trustee of the resolution fund must make a claim mentioned in that ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr113-</link><title>Financial Services and Markets Act 2022 - 113 Computation and notice of levy</title><description>Computation and notice of levy After the Minister has given a direction under section 111(1)(b ) or (2), the Authority must, in accordance with the regulations made under section 1...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr114-</link><title>Financial Services and Markets Act 2022 - 114 Payment of levy by similar financial institutions, participants of market infrastructure on lump sum basis, or participants of payment system operated by payment system operator</title><description>Payment of levy by similar financial institutions, participants of market infrastructure on lump sum basis, or participants of payment system operated by payment system operator Th...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr115-</link><title>Financial Services and Markets Act 2022 - 115 Payment of levy by participants of market infrastructure on transaction basis</title><description>Payment of levy by participants of market infrastructure on transaction basis This section applies where a notice under section 113(4) is given to a market infrastructure. The mark...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr116-</link><title>Financial Services and Markets Act 2022 - 116 Recovery, refund and remission of levies and late payment fees, etc.</title><description>Recovery, refund and remission of levies and late payment fees, etc. The levy imposed on a person under section 113(3), (5) or (6), and any late payment fee imposed on the person u...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr117-</link><title>Financial Services and Markets Act 2022 - 117 Disclosure of information on levy</title><description>Disclosure of information on levy This section applies to a notice given under section 113(3), (5) or (6) to a levy payer that is a similar financial institution, or a participant ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr118-</link><title>Financial Services and Markets Act 2022 - 118 Use of resolution fund to pay loan, etc., and balance in resolution fund</title><description>Use of resolution fund to pay loan, etc., and balance in resolution fund The Minister may, from time to time, direct the trustee of a resolution fund to make a withdrawal from the ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr119-</link><title>Financial Services and Markets Act 2022 - 119 Priority of debt of financial institution to trustee</title><description>Priority of debt of financial institution to trustee Despite any written law or rule of law relating to the winding up of companies, in the event of a winding up of a financial ins...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr120-</link><title>Financial Services and Markets Act 2022 - 120 Regulations for this Division</title><description>Regulations for this Division Regulations may be made under section 135 for the purposes of this Division. Without limiting subsection (1), regulations may be made in relation to t...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P18-P211-</link><title>Financial Services and Markets Act 2022 - Division 11 Compensation</title><description>Compensation</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr121-</link><title>Financial Services and Markets Act 2022 - 121 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — 2nd transferee has the meaning given by section 69; Division 11 FI or Division 11 financia...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr122-</link><title>Financial Services and Markets Act 2022 - 122 Meaning of "worse off as a result of the resolution"</title><description>Meaning of worse off as a result of the resolution In this Division, a pre‑resolution creditor or pre‑resolution shareholder of a Division 11 FI under resolution is worse off as a ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr123-</link><title>Financial Services and Markets Act 2022 - 123 Eligibility for compensation</title><description>Eligibility for compensation A pre-resolution creditor or pre‑resolution shareholder of a Division 11 FI under resolution that is worse off as a result of the resolution, is eligib...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr124-</link><title>Financial Services and Markets Act 2022 - 124 Appointment of valuer</title><description>Appointment of valuer The Minister must, as soon as practicable, after the resolution date of a Division 11 FI under resolution, appoint a valuer for the Division 11 FI. The role o...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr125-</link><title>Financial Services and Markets Act 2022 - 125 Valuation</title><description>Valuation A valuer for a Division 11 FI under resolution must conduct the valuation of the Division 11 FI in accordance with the valuation principles that are prescribed by regulat...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr126-</link><title>Financial Services and Markets Act 2022 - 126 Access to information by valuer</title><description>Access to information by valuer A Division 11 FI under resolution for which a valuer is appointed must — give the valuer access to such of its records and documents as the valuer m...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr127-</link><title>Financial Services and Markets Act 2022 - 127 Confidentiality and use of information</title><description>Confidentiality and use of information A valuer must not use or disclose any information obtained under this Division other than for the performance of its functions under this Div...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr128-</link><title>Financial Services and Markets Act 2022 - 128 Disclosure of valuation report</title><description>Disclosure of valuation report A valuer of a Division 11 FI under resolution may, with the Authority’s approval, disclose the whole or any part of the valuation report of the Divis...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr129-</link><title>Financial Services and Markets Act 2022 - 129 Appeals</title><description>Appeals The Authority may appeal to the Court against a valuation report if the Authority is dissatisfied with — the valuer’s decision on any person’s eligibility for compensation;...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P18-P212-</link><title>Financial Services and Markets Act 2022 - Division 12 Miscellaneous</title><description>Miscellaneous</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr130-</link><title>Financial Services and Markets Act 2022 - 130 Notices to significant associated entities of specified financial institutions</title><description>Notices to significant associated entities of specified financial institutions The Authority may, if the Authority thinks it necessary or expedient in the public interest, in the i...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr131-</link><title>Financial Services and Markets Act 2022 - 131 Modification of law of insolvency</title><description>Modification of law of insolvency Despite anything to the contrary in this Act, the Companies Act 1967 and the Insolvency, Restructuring and Dissolution Act 2018 — any sale, transf...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr132-</link><title>Financial Services and Markets Act 2022 - 132 Power to obtain information under this Part</title><description>Power to obtain information under this Part The Minister or the Authority may require a person to provide, within the period and in the manner specified by the Minister or the Auth...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr133-</link><title>Financial Services and Markets Act 2022 - 133 Immunity for officer of specified financial institution or significant associated entity</title><description>Immunity for officer of specified financial institution or significant associated entity No civil or criminal liability is incurred by an officer of a specified financial instituti...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr134-</link><title>Financial Services and Markets Act 2022 - 134 Cessation of moratorium, etc., under this Part</title><description>Cessation of moratorium, etc., under this Part The Minister may, by order in the Gazette , direct that section 68(1) or (2), 76(13), 79(13) or 86, or any part of that provision, ce...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr135-</link><title>Financial Services and Markets Act 2022 - 135 Regulations for this Part</title><description>Regulations for this Part The Minister may make such regulations as may be necessary or expedient for carrying out the purposes and provisions of this Part and for prescribing anyt...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr183-</link><title>Financial Services and Markets Act 2022 - 183 Recovery of fees, expenses, etc.</title><description>Recovery of fees, expenses, etc. The Authority may recover as a civil debt due to the Authority from the financial institution concerned — the amount of any fees payable to the Aut...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr193-</link><title>Financial Services and Markets Act 2022 - 193 Amendment of Banking Act 1970</title><description>Amendment of Banking Act 1970 Subject to subsection (2), section 2(1) of the Banking Act 1970 is amended by deleting the definition of financial holding company and substituting th...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr194-</link><title>Financial Services and Markets Act 2022 - 194 Amendment of Companies Act 1967</title><description>Amendment of Companies Act 1967 Section 8G of the Companies Act 1967 is amended by deleting the words sections 27 and 28 of the Monetary Authority of Singapore Act 1970 and substit...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr198-</link><title>Financial Services and Markets Act 2022 - 198 Amendment of Deposit Insurance and Policy Owners’ Protection Schemes Act 2011</title><description>Amendment of Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 Section 2(1) of the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 is amended — by d...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr199-</link><title>Financial Services and Markets Act 2022 - 199 Amendment of Finance Companies Act 1967</title><description>Amendment of Finance Companies Act 1967 Section 15(1) of the Finance Companies Act 1967 is amended by deleting the words Division 2, 3, 4 or 4A of Part 4B of the Monetary Authority...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr203-</link><title>Financial Services and Markets Act 2022 - 203 Amendment of Insolvency, Restructuring and Dissolution Act 2018</title><description>Amendment of Insolvency, Restructuring and Dissolution Act 2018 Section 72U(3) of the Insolvency, Restructuring and Dissolution Act 2018 is amended — by inserting, immediately afte...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr204-</link><title>Financial Services and Markets Act 2022 - 204 Amendment of Insurance Act 1966</title><description>Amendment of Insurance Act 1966 Section 36 of the Insurance Act 1966 is amended — by deleting the words under section 74, or under section 68 of the Financial Advisers Act 2001 or ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr205-</link><title>Financial Services and Markets Act 2022 - 205 Amendment of Monetary Authority of Singapore Act 1970</title><description>Amendment of Monetary Authority of Singapore Act 1970 Section 23(7A) of the Monetary Authority of Singapore Act 1970 is amended — by deleting the words Part 4B and substituting the...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr209-</link><title>Financial Services and Markets Act 2022 - 209 Amendment of Securities and Futures Act 2001</title><description>Amendment of Securities and Futures Act 2001 Section 2(1) of the Securities and Futures Act 2001 is amended — by inserting, immediately after the definition of franchise , the foll...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr210-</link><title>Financial Services and Markets Act 2022 - 210 Amendment of Trust Companies Act 2005</title><description>Amendment of Trust Companies Act 2005 Section 10(2) of the Trust Companies Act 2005 is amended by deleting the words Division 2, 3, 4 or 4A of Part 4B of the Monetary Authority of ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr215-</link><title>Financial Services and Markets Act 2022 - 215 Saving and transitional provisions in relation to amendments to Banking Act 1970</title><description>Saving and transitional provisions in relation to amendments to Banking Act 1970 For the purposes of sections 20(1)(b ) and (7) and 55ZA(1)(b )(ii) and (7)(b ) of the Banking Act 1...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr216-</link><title>Financial Services and Markets Act 2022 - 216 Saving and transitional provisions in relation to amendments to Finance Companies Act 1967</title><description>Saving and transitional provisions in relation to amendments to Finance Companies Act 1967 For the purposes of section 15(1)(c )(ii) of the Finance Companies Act 1967, the exercise...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr219-</link><title>Financial Services and Markets Act 2022 - 219 Saving and transitional provisions in relation to amendments to Monetary Authority of Singapore Act 1970</title><description>Saving and transitional provisions in relation to amendments to Monetary Authority of Singapore Act 1970 So far as it is not inconsistent with the provisions of this Act — any requ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr220-</link><title>Financial Services and Markets Act 2022 - 220 Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001</title><description>Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001 For the purposes of sections 14(1)(e ), 46H(1)(da ), 56(1)(da ), 81Z(1)(da ), 95(2)(...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr221-</link><title>Financial Services and Markets Act 2022 - 221 Saving and transitional provisions in relation to amendments to Trust Companies Act 2005</title><description>Saving and transitional provisions in relation to amendments to Trust Companies Act 2005 For the purposes of section 10(2)(e ) of the Trust Companies Act 2005, the exercise of any ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=xv-</link><title>Financial Services and Markets Act 2022 - Legislative History</title><description>This Legislative History is a service provided by the Law Revision Commission on a best-efforts basis. It is not part of the Act. Act 18 of 2022 Financial Services and Markets Act ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr193-</link><title>Financial Services and Markets Act 2022 - 193 Amendment of Banking Act 1970</title><description>Amendment of Banking Act 1970 Subject to subsection (2), section 2(1) of the Banking Act 1970 is amended by deleting the definition of financial holding company and substituting th...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr199-</link><title>Financial Services and Markets Act 2022 - 199 Amendment of Finance Companies Act 1967</title><description>Amendment of Finance Companies Act 1967 Section 15(1) of the Finance Companies Act 1967 is amended by deleting the words Division 2, 3, 4 or 4A of Part 4B of the Monetary Authority...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr204-</link><title>Financial Services and Markets Act 2022 - 204 Amendment of Insurance Act 1966</title><description>Amendment of Insurance Act 1966 Section 36 of the Insurance Act 1966 is amended — by deleting the words under section 74, or under section 68 of the Financial Advisers Act 2001 or ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr209-</link><title>Financial Services and Markets Act 2022 - 209 Amendment of Securities and Futures Act 2001</title><description>Amendment of Securities and Futures Act 2001 Section 2(1) of the Securities and Futures Act 2001 is amended — by inserting, immediately after the definition of franchise , the foll...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr220-</link><title>Financial Services and Markets Act 2022 - 220 Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001</title><description>Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001 For the purposes of sections 14(1)(e ), 46H(1)(da ), 56(1)(da ), 81Z(1)(da ), 95(2)(...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=xv-</link><title>Financial Services and Markets Act 2022 - Legislative History</title><description>This Legislative History is a service provided by the Law Revision Commission on a best-efforts basis. It is not part of the Act. Act 18 of 2022 Financial Services and Markets Act ...</description><pubDate>Fri, 10 May 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P14-P22-P31-</link><title>Financial Services and Markets Act 2022 - Subdivision 1 General provisions</title><description>General provisions</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P14-P22-P32-</link><title>Financial Services and Markets Act 2022 - Subdivision 2 Assistance to AML/CFT authorities</title><description>Assistance to AML/CFT authorities</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P14-P22-P33-</link><title>Financial Services and Markets Act 2022 - Subdivision 3 Assistance to domestic authorities</title><description>Assistance to domestic authorities</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P14-P22-P34-</link><title>Financial Services and Markets Act 2022 - Subdivision 4 Additional provisions for Subdivisions (2) and (3)</title><description>Additional provisions for Subdivisions (2) and (3)</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P14-P22-P35-</link><title>Financial Services and Markets Act 2022 - Subdivision 5 Inspection by AML/CFT authority</title><description>Inspection by AML/CFT authority</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P14A-</link><title>Financial Services and Markets Act 2022 - Part 4A INFORMATION SHARING SCHEME FOR PRESCRIBED FINANCIAL INSTITUTIONS</title><description>INFORMATION SHARING SCHEME FOR PRESCRIBED FINANCIAL INSTITUTIONS Act 19 of 2023</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P14A-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 Preliminary</title><description>Preliminary</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr28A-</link><title>Financial Services and Markets Act 2022 - 28A Purpose of this Part</title><description>Purpose of this Part The purpose of this Part is to permit the disclosure, publication and sharing of certain information (despite any restriction against the disclosure, publicat...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr28B-</link><title>Financial Services and Markets Act 2022 - 28B Interpretation of this Part</title><description>Interpretation of this Part In this Part — bank in Singapore has the meaning given by section 2(1) of the Banking Act 1970; beneficial owner , in relation to a relevant party of a...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr28C-</link><title>Financial Services and Markets Act 2022 - 28C Prescribed financial institutions</title><description>Prescribed financial institutions For the purposes of this Part, the Authority may by regulations made under section 192 prescribe — a bank in Singapore as a bank in Singapore to ...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P14A-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Disclosure of risk information</title><description>Disclosure of risk information</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr28D-</link><title>Financial Services and Markets Act 2022 - 28D Request for risk information</title><description>Request for risk information Subject to this section, a prescribed financial institution (called in this section the requester) may request from another prescribed financial insti...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr28E-</link><title>Financial Services and Markets Act 2022 - 28E Provision of risk information</title><description>Provision of risk information Subject to this section, a prescribed financial institution (called in this section the discloser) may on its own motion disclose to another prescrib...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr28F-</link><title>Financial Services and Markets Act 2022 - 28F Publication on electronic information sharing system</title><description>Publication on electronic information sharing system Subject to this section, a prescribed financial institution (called in this section a lister) that — has made a suspicious tra...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr28G-</link><title>Financial Services and Markets Act 2022 - 28G Threshold criteria and high-risk indicators</title><description>Threshold criteria and high-risk indicators The Authority must issue to each prescribed financial institution (A ) — the criteria applicable to A for determining whether — risk in...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr28H-</link><title>Financial Services and Markets Act 2022 - 28H Power of Authority to issue written notice</title><description>Power of Authority to issue written notice The Authority may, if it thinks it necessary or expedient for the effective administration of this Part, issue a written notice, either ...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr28I-</link><title>Financial Services and Markets Act 2022 - 28I Immunity and negation of secrecy obligations</title><description>Immunity and negation of secrecy obligations A prescribed financial institution or an officer of a prescribed financial institution authorised to act for the prescribed financial ...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr28J-</link><title>Financial Services and Markets Act 2022 - 28J False or misleading disclosures</title><description>False or misleading disclosures A prescribed financial institution, or an officer of the prescribed financial institution, that knowingly or recklessly — discloses any risk inform...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P14A-P23-</link><title>Financial Services and Markets Act 2022 - Division 3 Access to and use of risk information disclosed</title><description>Access to and use of risk information disclosed</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr28K-</link><title>Financial Services and Markets Act 2022 - 28K Use of disclosed risk information by prescribed financial institution</title><description>Use of disclosed risk information by prescribed financial institution A prescribed financial institution must not disclose any risk information that it receives or accesses under ...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr28L-</link><title>Financial Services and Markets Act 2022 - 28L Use of disclosed risk information by Authority and STROs</title><description>Use of disclosed risk information by Authority and STROs The Authority is entitled — to a copy of every disclosure of risk information made by a prescribed financial institution u...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr28M-</link><title>Financial Services and Markets Act 2022 - 28M Application of sections 21 and 22 of Personal Data Protection Act 2012</title><description>Application of sections 21 and 22 of Personal Data Protection Act 2012 Sections 21 and 22 of the Personal Data Protection Act 2012 do not apply to a prescribed financial instituti...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P14A-P24-</link><title>Financial Services and Markets Act 2022 - Division 4 Electronic information sharing system</title><description>Electronic information sharing system</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr28N-</link><title>Financial Services and Markets Act 2022 - 28N Establishment of electronic information sharing system</title><description>Establishment of electronic information sharing system The Authority must establish and maintain an electronic information sharing system for the purpose of — enabling requests fo...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P19-P22-P31-</link><title>Financial Services and Markets Act 2022 - Subdivision 1 Licensing of digital token service providers</title><description>Licensing of digital token service providers</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P19-P22-P32-</link><title>Financial Services and Markets Act 2022 - Subdivision 2 Conduct of business</title><description>Conduct of business</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P19-P22-P33-</link><title>Financial Services and Markets Act 2022 - Subdivision 3 Control of controllers of licensees</title><description>Control of controllers of licensees</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P19-P22-P34-</link><title>Financial Services and Markets Act 2022 - Subdivision 4 Control of officers of licensees</title><description>Control of officers of licensees</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P19-P22-P35-</link><title>Financial Services and Markets Act 2022 - Subdivision 5 Audit of licensees</title><description>Audit of licensees</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr168-</link><title>Financial Services and Markets Act 2022 - 168 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — book has the meaning given by section 17; licensee has the meaning given by section 136(1); presc...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr169-</link><title>Financial Services and Markets Act 2022 - 169 Inspection by Authority</title><description>Inspection by Authority The Authority may from time to time inspect, under conditions of secrecy, the books of any of the following persons: a financial institution, for the purpo...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr190-</link><title>Financial Services and Markets Act 2022 - 190 Amendment of Schedules</title><description>Amendment of Schedules The Minister may from time to time, by order in the Gazette , amend, add to or vary the First, Second or Third Schedule . Act 19 of 2023 The Minister may, i...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=Sc3-</link><title>Financial Services and Markets Act 2022 - Third Schedule Disclosure of specified information</title><description>Sections 28A(2)(d ), 28K(2), (3), (4) and (5) and 190(1) Disclosure of specified information FURTHER DISCLOSURE NOT PROHIBITED First column Second column Purpose for which specifi...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=xv-</link><title>Financial Services and Markets Act 2022 - Legislative History</title><description>This Legislative History is a service provided by the Law Revision Commission on a best-efforts basis. It is not part of the Act. Act 18 of 2022 Financial Services and Markets Act...</description><pubDate>Mon, 01 Apr 2024 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P11-</link><title>Financial Services and Markets Act 2022 - Part 1 PRELIMINARY</title><description>PRELIMINARY</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr2-</link><title>Financial Services and Markets Act 2022 - 2 Interpretation</title><description>Interpretation In this Act, unless the context otherwise requires — Authority means the Monetary Authority of Singapore established by the Monetary Authority of Singapore Act 1970...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P12-</link><title>Financial Services and Markets Act 2022 - Part 2 GENERAL POWERS OVER FINANCIAL INSTITUTIONS</title><description>GENERAL POWERS OVER FINANCIAL INSTITUTIONS</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr3-</link><title>Financial Services and Markets Act 2022 - 3 Power to issue directions to financial institutions</title><description>Power to issue directions to financial institutions The Authority may, if the Authority thinks it necessary in the public interest, request information from and make recommendatio...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr4-</link><title>Financial Services and Markets Act 2022 - 4 Power to approve financial institutions and control their operations</title><description>Power to approve financial institutions and control their operations The Authority may require any relevant financial institution which operations are considered by the Authority ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr5-</link><title>Financial Services and Markets Act 2022 - 5 Fees</title><description>Fees Every financial institution approved by the Authority under section 4 may be required to pay such fees in respect of anything done under or by virtue of that section as the A...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P13-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Appeals on prohibition orders and miscellaneous</title><description>Appeals on prohibition orders and miscellaneous</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr13-</link><title>Financial Services and Markets Act 2022 - 13 Appeals to Minister</title><description>Appeals to Minister Where an appeal is made to the Minister under this Part, the Minister may confirm, vary or reverse the decision of the Authority on appeal, or give such direct...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr14-</link><title>Financial Services and Markets Act 2022 - 14 Appeal Advisory Committees</title><description>Appeal Advisory Committees For the purpose of enabling Appeal Advisory Committees to be constituted under section 13, the Minister is to appoint a panel (called in this Part the A...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P14-</link><title>Financial Services and Markets Act 2022 - Part 4 POWERS REGARDING INTERNATIONAL OBLIGATIONS AND PREVENTION OF MONEY LAUNDERING AND TERRORISM FINANCING, AND ASSISTANCE TO FOREIGN AUTHORITIES AND DOMESTIC AUTHORITIES CONCERNING MONEY LAUNDERING, TERRORISM FINANCING AND OTHER OFFENCES</title><description>Part 4 POWERS REGARDING INTERNATIONAL OBLIGATIONS AND PREVENTION OF MONEY LAUNDERING AND TERRORISM FINANCING, AND ASSISTANCE TO FOREIGN AUTHORITIES AND DOMESTIC AUTHORITIES CONCERNING MONEY LAUNDERING, TERRORISM FINANCING AND OTHER OFFENCES</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P14-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 Power to issue directions or make regulations</title><description>Power to issue directions or make regulations</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr15-</link><title>Financial Services and Markets Act 2022 - 15 Directions or regulations to discharge Government’s international obligations</title><description>Directions or regulations to discharge Government’s international obligations The Authority may, from time to time — issue such directions to a financial institution or class of f...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr16-</link><title>Financial Services and Markets Act 2022 - 16 Requirements for prevention of money laundering and terrorism financing</title><description>Requirements for prevention of money laundering and terrorism financing The Authority may, from time to time, issue such directions, or make such regulations under section 192, co...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P14-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Assistance to foreign authorities and domestic authorities for their supervisory functions and other actions in respect of money laundering, terrorism financing and other offences</title><description>Assistance to foreign authorities and domestic authorities for their supervisory functions and other actions in respect of money laundering, terrorism financing and other offences...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P14-P22-P31-</link><title>Financial Services and Markets Act 2022 - Subdivision 1 General provisions</title><description>General provisions</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr17-</link><title>Financial Services and Markets Act 2022 - 17 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — agent means an insurance agent in respect of policies which relate to general business wi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr18-</link><title>Financial Services and Markets Act 2022 - 18 Purposes of this Division</title><description>Purposes of this Division The purposes of this Division are — to enable the Authority to provide information to an AML/CFT authority of a foreign country in connection with the AM...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P14-P22-P32-</link><title>Financial Services and Markets Act 2022 - Subdivision 2 Assistance to AML/CFT authorities</title><description>Assistance to AML/CFT authorities</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr19-</link><title>Financial Services and Markets Act 2022 - 19 Conditions for provision of assistance to AML/CFT authority</title><description>Conditions for provision of assistance to AML/CFT authority The Authority may, on the request of an AML/CFT authority of a foreign country, provide the assistance referred to in s...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022?ValidDate=20240731&amp;ProvIds=pr20-</link><title>Financial Services and Markets Act 2022 - 20 Assistance that may be rendered to AML/CFT authority</title><description>Assistance that may be rendered to AML/CFT authority Despite the provisions of any prescribed written law or any requirement imposed under any such written law, any rule of law, a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P14-P22-P33-</link><title>Financial Services and Markets Act 2022 - Subdivision 3 Assistance to domestic authorities</title><description>Assistance to domestic authorities</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr21-</link><title>Financial Services and Markets Act 2022 - 21 Conditions for provision of assistance to domestic authority</title><description>Conditions for provision of assistance to domestic authority The Authority may, on the request of a domestic authority, provide the assistance referred to in section 22 to the dom...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr22-</link><title>Financial Services and Markets Act 2022 - 22 Assistance that may be rendered to domestic authority</title><description>Assistance that may be rendered to domestic authority Despite the provisions of any prescribed written law or any requirement imposed under any such written law, any rule of law, ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P14-P22-P34-</link><title>Financial Services and Markets Act 2022 - Subdivision 4 Additional provisions for Subdivisions (2) and (3)</title><description>Additional provisions for Subdivisions (2) and (3)</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr23-</link><title>Financial Services and Markets Act 2022 - 23 Offences under this Division</title><description>Offences under this Division A person shall be guilty of an offence if the person — without reasonable excuse, refuses or fails to comply with an order made under section 20(2)(a ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr24-</link><title>Financial Services and Markets Act 2022 - 24 Immunities</title><description>Immunities No civil or criminal liability is incurred by any person for — providing to the Authority any information or copy of any information, if the person had provided the inf...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr25-</link><title>Financial Services and Markets Act 2022 - 25 Authority may provide assistance</title><description>Authority may provide assistance Despite the provisions of any prescribed written law or any requirement imposed under any such written law, any rule of law, any contract or any r...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P14-P22-P35-</link><title>Financial Services and Markets Act 2022 - Subdivision 5 Inspection by AML/CFT authority</title><description>Inspection by AML/CFT authority</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr26-</link><title>Financial Services and Markets Act 2022 - 26 Conditions for inspection by AML/CFT authority</title><description>Conditions for inspection by AML/CFT authority An AML/CFT authority may, with the prior written approval of the Authority and under conditions of secrecy, conduct an inspection in...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr27-</link><title>Financial Services and Markets Act 2022 - 27 Duty of financial institution under inspection</title><description>Duty of financial institution under inspection For the purposes of an inspection under section 26, and subject to subsection (2), the financial institution must — give the AML/CFT...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr28-</link><title>Financial Services and Markets Act 2022 - 28 Confidentiality of inspection reports</title><description>Confidentiality of inspection reports Except as provided in subsection (2), where a written report has been produced by an AML/CFT authority in respect of a financial institution ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P15-</link><title>Financial Services and Markets Act 2022 - Part 5 TECHNOLOGY RISK MANAGEMENT</title><description>TECHNOLOGY RISK MANAGEMENT</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr29-</link><title>Financial Services and Markets Act 2022 - 29 Power of Authority in relation to technology risk management</title><description>Power of Authority in relation to technology risk management The Authority may, from time to time, issue such directions, or make such regulations under section 192, concerning an...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P16-</link><title>Financial Services and Markets Act 2022 - Part 6 DISPUTE RESOLUTION SCHEMES</title><description>DISPUTE RESOLUTION SCHEMES</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr30-</link><title>Financial Services and Markets Act 2022 - 30 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — approved dispute resolution scheme means a dispute resolution scheme approved by the Authority un...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr31-</link><title>Financial Services and Markets Act 2022 - 31 Approval of dispute resolution schemes</title><description>Approval of dispute resolution schemes For the purposes of this Part, the Authority may approve any dispute resolution scheme for the resolution of disputes arising from or relati...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr32-</link><title>Financial Services and Markets Act 2022 - 32 Approval of chief executive officer and directors of dispute resolution scheme operator</title><description>Approval of chief executive officer and directors of dispute resolution scheme operator It is a condition of an approval for any dispute resolution scheme approved under section 3...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr33-</link><title>Financial Services and Markets Act 2022 - 33 Removal of chief executive officer or director of dispute resolution scheme operator</title><description>Removal of chief executive officer or director of dispute resolution scheme operator Despite the provisions of any other written law, where the Authority is satisfied that an indi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr34-</link><title>Financial Services and Markets Act 2022 - 34 Appeals to Minister</title><description>Appeals to Minister An operator, or a chief executive officer or director of an operator, who is aggrieved by a decision of the Authority under section 33(1) may, within 30 days a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr35-</link><title>Financial Services and Markets Act 2022 - 35 Approval of amendment to constitution of dispute resolution scheme operator</title><description>Approval of amendment to constitution of dispute resolution scheme operator It is a condition of an approval for any dispute resolution scheme approved under section 31(1) that th...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr36-</link><title>Financial Services and Markets Act 2022 - 36 Requirement for financial institution to be member of approved dispute resolution scheme</title><description>Requirement for financial institution to be member of approved dispute resolution scheme The Authority may, by regulations made under section 192, require a financial institution ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr37-</link><title>Financial Services and Markets Act 2022 - 37 Protection from personal liability</title><description>Protection from personal liability No liability shall lie against any mediator, adjudicator or employee of an operator of an approved dispute resolution scheme, for doing or omitt...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr38-</link><title>Financial Services and Markets Act 2022 - 38 Regulations for this Part</title><description>Regulations for this Part Regulations may be made under section 192 — to provide for the matters that the Authority may have regard to in determining whether to approve a dispute ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P17-</link><title>Financial Services and Markets Act 2022 - Part 7 CONTROL OVER FINANCIAL INSTITUTIONS</title><description>CONTROL OVER FINANCIAL INSTITUTIONS</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P17-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions</title><description>General provisions</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr39-</link><title>Financial Services and Markets Act 2022 - 39 Application and interpretation of this Part</title><description>Application and interpretation of this Part This Part applies to, and in relation to, every relevant financial institution. In this Part, unless the context otherwise requires — c...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr40-</link><title>Financial Services and Markets Act 2022 - 40 Information of insolvency, etc.</title><description>Information of insolvency, etc. Any relevant financial institution which is or is likely to become insolvent, which is or is likely to become unable to meet its obligations, or wh...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr41-</link><title>Financial Services and Markets Act 2022 - 41 Action by Authority if relevant financial institution unable to meet obligations, etc.</title><description>Action by Authority if relevant financial institution unable to meet obligations, etc. The Authority may exercise any one or more of the powers specified in subsection (2) as appe...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr42-</link><title>Financial Services and Markets Act 2022 - 42 Effect of assumption of control under section 41</title><description>Effect of assumption of control under section 41 Upon assuming control of the relevant business of a relevant financial institution, the Authority or statutory manager (as the cas...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr43-</link><title>Financial Services and Markets Act 2022 - 43 Duration of control</title><description>Duration of control The Authority must cease to control the relevant business of a relevant financial institution when the Authority is satisfied that — the reasons for the Author...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr44-</link><title>Financial Services and Markets Act 2022 - 44 Responsibilities of officers, member, etc., of relevant financial institution</title><description>Responsibilities of officers, member, etc., of relevant financial institution During the period when the Authority or statutory manager is in control of the relevant business of a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr45-</link><title>Financial Services and Markets Act 2022 - 45 Remuneration and expenses of Authority and others in certain cases</title><description>Remuneration and expenses of Authority and others in certain cases The Authority may at any time fix the remuneration and expenses to be paid by a relevant financial institution —...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr46-</link><title>Financial Services and Markets Act 2022 - 46 Voluntary transfer of business of relevant financial institution</title><description>Voluntary transfer of business of relevant financial institution A transferor may transfer the whole or any part of its business (including any business that is not the significan...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr47-</link><title>Financial Services and Markets Act 2022 - 47 Approval of transfer of business of relevant financial institution</title><description>Approval of transfer of business of relevant financial institution A transferor must apply to the Court for its approval of the transfer of the whole or any part of the business o...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr48-</link><title>Financial Services and Markets Act 2022 - 48 Disqualification or removal of director or executive officer of relevant financial institution</title><description>Disqualification or removal of director or executive officer of relevant financial institution Despite the provisions of any other written law — a relevant financial institution m...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr49-</link><title>Financial Services and Markets Act 2022 - 49 Provisions as to compromise or arrangement relating to certain financial institutions, etc.</title><description>Provisions as to compromise or arrangement relating to certain financial institutions, etc. This section applies despite any other written law. In any proceedings under section 21...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr50-</link><title>Financial Services and Markets Act 2022 - 50 Regulations for this Part</title><description>Regulations for this Part Regulations made under section 192 for this Part may prescribe — that any contravention of a provision of the regulations shall be an offence punishable ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P17-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Recovery and resolution planning</title><description>Recovery and resolution planning</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr51-</link><title>Financial Services and Markets Act 2022 - 51 Notice concerning recovery and resolution plans</title><description>Notice concerning recovery and resolution plans The Authority may issue a notice to pertinent financial institutions requiring each pertinent financial institution to which a dire...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr52-</link><title>Financial Services and Markets Act 2022 - 52 Direction for recovery plan and its implementation</title><description>Direction for recovery plan and its implementation The Authority may issue a direction to a pertinent financial institution — requiring the pertinent financial institution to comp...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr53-</link><title>Financial Services and Markets Act 2022 - 53 Resolution planning</title><description>Resolution planning The Authority may prepare plans for the orderly resolution of a pertinent financial institution, and may for that purpose issue a direction to the pertinent fi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr54-</link><title>Financial Services and Markets Act 2022 - 54 Power to direct removal of impediments</title><description>Power to direct removal of impediments This section applies if the Authority is of the opinion that an impediment exists to the orderly resolution of a pertinent financial institu...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr55-</link><title>Financial Services and Markets Act 2022 - 55 Appeal against direction to remove impediment</title><description>Appeal against direction to remove impediment A pertinent financial institution that is aggrieved by a direction issued to it under section 52(2)(b ) or 54(2) may, within 30 days ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr56-</link><title>Financial Services and Markets Act 2022 - 56 Provisions concerning directions and notices under this Division</title><description>Provisions concerning directions and notices under this Division A direction or notice under this Division must be in writing. It is not necessary to publish a direction or notice...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr57-</link><title>Financial Services and Markets Act 2022 - 57 Offences under this Division</title><description>Offences under this Division A pertinent financial institution that does not comply with a direction or notice of the Authority under this Division shall be guilty of an offence a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P18-</link><title>Financial Services and Markets Act 2022 - Part 8 RESOLUTION OF FINANCIAL INSTITUTIONS</title><description>RESOLUTION OF FINANCIAL INSTITUTIONS</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P18-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions</title><description>General provisions</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr58-</link><title>Financial Services and Markets Act 2022 - 58 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — affected person , in relation to a specified financial institution, means any person prescribed b...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr59-</link><title>Financial Services and Markets Act 2022 - 59 Exercise of powers under Divisions 2, 4, 5 and 6 of this Part</title><description>Exercise of powers under Divisions 2, 4, 5 and 6 of this Part In determining whether to exercise its powers under Divisions 2, 4, 5 and 6 of this Part in relation to a pertinent f...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr60-</link><title>Financial Services and Markets Act 2022 - 60 Directions or regulations concerning persons that have ceased to be specified financial institutions</title><description>Directions or regulations concerning persons that have ceased to be specified financial institutions The Authority may, from time to time, issue such directions, or make such regu...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr61-</link><title>Financial Services and Markets Act 2022 - 61 Directions and notices issued under this Act or other MAS scheduled Act to continue to apply to persons who cease to be specified financial institutions</title><description>Directions and notices issued under this Act or other MAS scheduled Act to continue to apply to persons who cease to be specified financial institutions Where a person ceases to b...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr62-</link><title>Financial Services and Markets Act 2022 - 62 Moratorium</title><description>Moratorium The Authority may, if the Authority considers it to be in the interests of the affected persons of a specified financial institution, make an order prohibiting that spe...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr63-</link><title>Financial Services and Markets Act 2022 - 63 General provisions as to winding up</title><description>General provisions as to winding up On the application of the Authority, the Court may, in addition to the grounds specified in section 125(1) of the Insolvency, Restructuring and...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr64-</link><title>Financial Services and Markets Act 2022 - 64 Power of Court to take action against directors and executive officers</title><description>Power of Court to take action against directors and executive officers Without affecting any provision of this Act or any other MAS scheduled Act, if, in the course of exercising ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P18-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Compulsory transfer of business of pertinent financial institution</title><description>Compulsory transfer of business of pertinent financial institution</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr65-</link><title>Financial Services and Markets Act 2022 - 65 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr66-</link><title>Financial Services and Markets Act 2022 - 66 Compulsory transfer of business</title><description>Compulsory transfer of business Subject to subsections (2), (3) and (7), the Authority may make a determination that the whole or any part of the business of a transferor must be ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr67-</link><title>Financial Services and Markets Act 2022 - 67 Certificate of transfer</title><description>Certificate of transfer If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of transfer, which comes into effect on the date s...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr68-</link><title>Financial Services and Markets Act 2022 - 68 Moratorium, avoidance of disposition of property, etc.</title><description>Moratorium, avoidance of disposition of property, etc. Despite section 62(2) but subject to section 134, no resolution may be passed, and no order may be made, for the winding up ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P18-P23-</link><title>Financial Services and Markets Act 2022 - Division 3 Reverse transfer of business and onward transfer of business</title><description>Reverse transfer of business and onward transfer of business</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr69-</link><title>Financial Services and Markets Act 2022 - 69 Interpretation of this Division</title><description>Interpretation of this Division In this Division — 2nd transferee means the person to which the whole or part of a transferor’s business that was transferred to a transferee by a ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr70-</link><title>Financial Services and Markets Act 2022 - 70 Reverse transfer of business</title><description>Reverse transfer of business Subject to this section, the Authority may, at any time after the transfer of any business under a certificate of transfer, make a determination that ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr71-</link><title>Financial Services and Markets Act 2022 - 71 Reverse transfer certificate</title><description>Reverse transfer certificate If the Minister approves a determination under section 70, the Minister must, as soon as practicable, issue a certificate (called in this section the ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr72-</link><title>Financial Services and Markets Act 2022 - 72 Onward transfer of business</title><description>Onward transfer of business Subject to this section, the Authority may, at any time after the transfer of any business under a certificate of transfer, make a determination that t...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr73-</link><title>Financial Services and Markets Act 2022 - 73 Onward transfer certificate</title><description>Onward transfer certificate If the Minister approves a determination under section 72, the Minister must, as soon as practicable, issue a certificate (called in this section the o...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P18-P24-</link><title>Financial Services and Markets Act 2022 - Division 4 Compulsory transfer of shares of pertinent financial institution</title><description>Compulsory transfer of shares of pertinent financial institution</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr74-</link><title>Financial Services and Markets Act 2022 - 74 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr75-</link><title>Financial Services and Markets Act 2022 - 75 Compulsory transfer of shares</title><description>Compulsory transfer of shares The Authority may make a determination that all or any of the shares held by a transferor in a pertinent financial institution incorporated in Singap...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr76-</link><title>Financial Services and Markets Act 2022 - 76 Certificate of transfer</title><description>Certificate of transfer If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of transfer, which comes into effect on the date s...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P18-P25-</link><title>Financial Services and Markets Act 2022 - Division 5 Compulsory restructuring of share capital of pertinent financial institution</title><description>Compulsory restructuring of share capital of pertinent financial institution</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr77-</link><title>Financial Services and Markets Act 2022 - 77 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr78-</link><title>Financial Services and Markets Act 2022 - 78 Compulsory restructuring of share capital</title><description>Compulsory restructuring of share capital The Authority may make a determination that the share capital of a pertinent financial institution incorporated in Singapore be reduced b...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr79-</link><title>Financial Services and Markets Act 2022 - 79 Certificate of restructuring of share capital</title><description>Certificate of restructuring of share capital If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of restructuring of share ca...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P18-P26-</link><title>Financial Services and Markets Act 2022 - Division 6 Bail-in powers</title><description>Bail-in powers</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr80-</link><title>Financial Services and Markets Act 2022 - 80 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — appointed date , in relation to a bail‑in certificate, means the date appointed for the b...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr81-</link><title>Financial Services and Markets Act 2022 - 81 Exercise of powers under this Division</title><description>Exercise of powers under this Division In exercising any power under this Division, the Authority must have regard to the desirability of giving each pre‑resolution creditor or pr...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr82-</link><title>Financial Services and Markets Act 2022 - 82 Determination by Authority</title><description>Determination by Authority Subject to subsection (2), the Authority may make one or more of the following determinations concerning one or more eligible instruments issued by a Di...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr83-</link><title>Financial Services and Markets Act 2022 - 83 Approval by Minister of determination</title><description>Approval by Minister of determination Before approving a determination of the Authority, the Minister must, unless the Minister decides that it is not practicable or desirable to ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr84-</link><title>Financial Services and Markets Act 2022 - 84 Bail-in certificate</title><description>Bail-in certificate If the Minister approves a determination, the Minister must, as soon as practicable, issue a bail‑in certificate. The bail-in certificate comes into effect on ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr85-</link><title>Financial Services and Markets Act 2022 - 85 Effects of bail-in certificate</title><description>Effects of bail-in certificate A provision in a bail-in certificate has effect despite any restriction arising by reason of contract, any written law or rule of law in force befor...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr86-</link><title>Financial Services and Markets Act 2022 - 86 Moratorium</title><description>Moratorium Despite section 62(2) but subject to section 134, during the period beginning on the date of publication of the notice in section 83(1)(a ) in the Gazette or (where the...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr87-</link><title>Financial Services and Markets Act 2022 - 87 Significant shareholder by reason of bail-in certificate</title><description>Significant shareholder by reason of bail-in certificate Where any person becomes a significant shareholder of a Division 6 FI or resulting FI as a result of a provision of a bail...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr88-</link><title>Financial Services and Markets Act 2022 - 88 Directions for disposal</title><description>Directions for disposal If the Minister is satisfied that any person has failed to comply with a condition imposed on the person in section 87(2) or (3), or if the Minister has se...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr89-</link><title>Financial Services and Markets Act 2022 - 89 Offence</title><description>Offence A person that fails to comply with a condition imposed on the person in section 87(2) or (3), or a notice served on the person in section 87(5) or 88(1), shall be guilty o...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr90-</link><title>Financial Services and Markets Act 2022 - 90 Restriction on eligible instruments</title><description>Restriction on eligible instruments To ensure the effective operation of the provisions of this Division on an eligible instrument, regulations made under section 135 may impose a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P18-P27-</link><title>Financial Services and Markets Act 2022 - Division 7 Termination rights</title><description>Termination rights</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr91-</link><title>Financial Services and Markets Act 2022 - 91 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — approved clearing house has the meaning given by section 2(1) of the Securities and Futur...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr92-</link><title>Financial Services and Markets Act 2022 - 92 Effect of resolution measure on contracts where substantive obligations continue to be performed</title><description>Effect of resolution measure on contracts where substantive obligations continue to be performed This section applies to a contract that satisfies both of the following: one of th...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr93-</link><title>Financial Services and Markets Act 2022 - 93 Right to temporarily suspend termination right for contracts because of resolution measure</title><description>Right to temporarily suspend termination right for contracts because of resolution measure This section applies to a contract one of the parties to which is — a pertinent financia...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr94-</link><title>Financial Services and Markets Act 2022 - 94 When suspension takes effect</title><description>When suspension takes effect A suspension by a notice under section 93 takes effect from (and including) the time of publication of the notice under that section in the Gazette or...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P18-P28-</link><title>Financial Services and Markets Act 2022 - Division 8 Assistance to foreign resolution authorities and domestic authorities</title><description>Assistance to foreign resolution authorities and domestic authorities</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr95-</link><title>Financial Services and Markets Act 2022 - 95 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — domestic authority  — means any ministry or department of the Government, any Organ of St...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr96-</link><title>Financial Services and Markets Act 2022 - 96 Conditions for provision of assistance to foreign resolution authority</title><description>Conditions for provision of assistance to foreign resolution authority The Authority may provide the assistance referred to in section 98 to a foreign resolution authority, if the...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr97-</link><title>Financial Services and Markets Act 2022 - 97 Other factors to consider for provision of assistance to foreign resolution authority</title><description>Other factors to consider for provision of assistance to foreign resolution authority In deciding whether to grant a request for assistance referred to in section 98 from a foreig...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr98-</link><title>Financial Services and Markets Act 2022 - 98 Assistance that may be rendered to foreign resolution authority</title><description>Assistance that may be rendered to foreign resolution authority Despite the provisions of any prescribed written law or any requirement imposed thereunder or any rule of law, the ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr99-</link><title>Financial Services and Markets Act 2022 - 99 Assistance to domestic authority</title><description>Assistance to domestic authority Despite any obligation as to secrecy or other restriction upon the disclosure of information imposed by any prescribed written law or any requirem...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr100-</link><title>Financial Services and Markets Act 2022 - 100 Offences under this Division</title><description>Offences under this Division Any person who — without reasonable excuse, refuses or fails to comply with an order under section 98(1)(b ) or (c ); in purported compliance with an ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr101-</link><title>Financial Services and Markets Act 2022 - 101 Immunity for providing material, etc.</title><description>Immunity for providing material, etc. No liability, other than for an offence under section 100, shall lie against any person for — providing to the Authority any material or copy...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P18-P29-</link><title>Financial Services and Markets Act 2022 - Division 9 Recognition of foreign resolutions</title><description>Recognition of foreign resolutions</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr102-</link><title>Financial Services and Markets Act 2022 - 102 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — determination means a determination made under section 103; foreign financial institution...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr103-</link><title>Financial Services and Markets Act 2022 - 103 Determination over foreign resolution</title><description>Determination over foreign resolution This section applies where a foreign resolution authority of a foreign country or territory makes a request to the Authority to recognise a f...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr104-</link><title>Financial Services and Markets Act 2022 - 104 Order to give effect to foreign resolution</title><description>Order to give effect to foreign resolution If the Minister approves a determination that a foreign resolution should be recognised in whole or in part, the Minister must, as soon ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr105-</link><title>Financial Services and Markets Act 2022 - 105 Directions</title><description>Directions The Authority may, from time to time, issue such directions to any person that is approved, authorised, designated, recognised, registered, licensed or otherwise regula...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr106-</link><title>Financial Services and Markets Act 2022 - 106 Offence</title><description>Offence A person that refuses or fails to comply with a provision of the order under section 104 that applies to the person, or a direction issued to the person under section 105,...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P18-P210-</link><title>Financial Services and Markets Act 2022 - Division 10 Resolution funding</title><description>Resolution funding</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr107-</link><title>Financial Services and Markets Act 2022 - 107 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — Agency means the company designated by the Minister under section 56 of the Deposit Insur...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr108-</link><title>Financial Services and Markets Act 2022 - 108 Establishment of resolution fund</title><description>Establishment of resolution fund For the purposes of supporting a resolution measure undertaken for a financial institution and other matters relating to the measure, the Minister...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr109-</link><title>Financial Services and Markets Act 2022 - 109 Trustee of resolution fund</title><description>Trustee of resolution fund The duty of the trustee of a resolution fund is to administer and manage the resolution fund, and in particular — to make withdrawals from the resolutio...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr110-</link><title>Financial Services and Markets Act 2022 - 110 Withdrawal from resolution fund</title><description>Withdrawal from resolution fund The trustee of a resolution fund must, at the Minister’s direction, make one or more withdrawals from the resolution fund and apply the moneys with...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr111-</link><title>Financial Services and Markets Act 2022 - 111 Recovery of sums withdrawn</title><description>Recovery of sums withdrawn Where one or more withdrawals have been made from a resolution fund under section 110, the Minister may direct the trustee of the resolution fund to rec...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr112-</link><title>Financial Services and Markets Act 2022 - 112 Claim from financial institution under resolution</title><description>Claim from financial institution under resolution Where a direction has been given under section 111(1)(a ), the trustee of the resolution fund must make a claim mentioned in that...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr113-</link><title>Financial Services and Markets Act 2022 - 113 Computation and notice of levy</title><description>Computation and notice of levy After the Minister has given a direction under section 111(1)(b ) or (2), the Authority must, in accordance with the regulations made under section ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr114-</link><title>Financial Services and Markets Act 2022 - 114 Payment of levy by similar financial institutions, participants of market infrastructure on lump sum basis, or participants of payment system operated by payment system operator</title><description>Payment of levy by similar financial institutions, participants of market infrastructure on lump sum basis, or participants of payment system operated by payment system operator T...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr115-</link><title>Financial Services and Markets Act 2022 - 115 Payment of levy by participants of market infrastructure on transaction basis</title><description>Payment of levy by participants of market infrastructure on transaction basis This section applies where a notice under section 113(4) is given to a market infrastructure. The mar...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr116-</link><title>Financial Services and Markets Act 2022 - 116 Recovery, refund and remission of levies and late payment fees, etc.</title><description>Recovery, refund and remission of levies and late payment fees, etc. The levy imposed on a person under section 113(3), (5) or (6), and any late payment fee imposed on the person ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr117-</link><title>Financial Services and Markets Act 2022 - 117 Disclosure of information on levy</title><description>Disclosure of information on levy This section applies to a notice given under section 113(3), (5) or (6) to a levy payer that is a similar financial institution, or a participant...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr118-</link><title>Financial Services and Markets Act 2022 - 118 Use of resolution fund to pay loan, etc., and balance in resolution fund</title><description>Use of resolution fund to pay loan, etc., and balance in resolution fund The Minister may, from time to time, direct the trustee of a resolution fund to make a withdrawal from the...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr119-</link><title>Financial Services and Markets Act 2022 - 119 Priority of debt of financial institution to trustee</title><description>Priority of debt of financial institution to trustee Despite any written law or rule of law relating to the winding up of companies, in the event of a winding up of a financial in...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr120-</link><title>Financial Services and Markets Act 2022 - 120 Regulations for this Division</title><description>Regulations for this Division Regulations may be made under section 135 for the purposes of this Division. Without limiting subsection (1), regulations may be made in relation to ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P18-P211-</link><title>Financial Services and Markets Act 2022 - Division 11 Compensation</title><description>Compensation</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr121-</link><title>Financial Services and Markets Act 2022 - 121 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — 2nd transferee has the meaning given by section 69; Division 11 FI or Division 11 financi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr122-</link><title>Financial Services and Markets Act 2022 - 122 Meaning of "worse off as a result of the resolution"</title><description>Meaning of worse off as a result of the resolution In this Division, a pre‑resolution creditor or pre‑resolution shareholder of a Division 11 FI under resolution is worse off as a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr123-</link><title>Financial Services and Markets Act 2022 - 123 Eligibility for compensation</title><description>Eligibility for compensation A pre-resolution creditor or pre‑resolution shareholder of a Division 11 FI under resolution that is worse off as a result of the resolution, is eligi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr124-</link><title>Financial Services and Markets Act 2022 - 124 Appointment of valuer</title><description>Appointment of valuer The Minister must, as soon as practicable, after the resolution date of a Division 11 FI under resolution, appoint a valuer for the Division 11 FI. The role ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr125-</link><title>Financial Services and Markets Act 2022 - 125 Valuation</title><description>Valuation A valuer for a Division 11 FI under resolution must conduct the valuation of the Division 11 FI in accordance with the valuation principles that are prescribed by regula...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr126-</link><title>Financial Services and Markets Act 2022 - 126 Access to information by valuer</title><description>Access to information by valuer A Division 11 FI under resolution for which a valuer is appointed must — give the valuer access to such of its records and documents as the valuer ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr127-</link><title>Financial Services and Markets Act 2022 - 127 Confidentiality and use of information</title><description>Confidentiality and use of information A valuer must not use or disclose any information obtained under this Division other than for the performance of its functions under this Di...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr128-</link><title>Financial Services and Markets Act 2022 - 128 Disclosure of valuation report</title><description>Disclosure of valuation report A valuer of a Division 11 FI under resolution may, with the Authority’s approval, disclose the whole or any part of the valuation report of the Divi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr129-</link><title>Financial Services and Markets Act 2022 - 129 Appeals</title><description>Appeals The Authority may appeal to the Court against a valuation report if the Authority is dissatisfied with — the valuer’s decision on any person’s eligibility for compensation...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P18-P212-</link><title>Financial Services and Markets Act 2022 - Division 12 Miscellaneous</title><description>Miscellaneous</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr130-</link><title>Financial Services and Markets Act 2022 - 130 Notices to significant associated entities of specified financial institutions</title><description>Notices to significant associated entities of specified financial institutions The Authority may, if the Authority thinks it necessary or expedient in the public interest, in the ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr131-</link><title>Financial Services and Markets Act 2022 - 131 Modification of law of insolvency</title><description>Modification of law of insolvency Despite anything to the contrary in this Act, the Companies Act 1967 and the Insolvency, Restructuring and Dissolution Act 2018 — any sale, trans...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr132-</link><title>Financial Services and Markets Act 2022 - 132 Power to obtain information under this Part</title><description>Power to obtain information under this Part The Minister or the Authority may require a person to provide, within the period and in the manner specified by the Minister or the Aut...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr133-</link><title>Financial Services and Markets Act 2022 - 133 Immunity for officer of specified financial institution or significant associated entity</title><description>Immunity for officer of specified financial institution or significant associated entity No civil or criminal liability is incurred by an officer of a specified financial institut...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr134-</link><title>Financial Services and Markets Act 2022 - 134 Cessation of moratorium, etc., under this Part</title><description>Cessation of moratorium, etc., under this Part The Minister may, by order in the Gazette , direct that section 68(1) or (2), 76(13), 79(13) or 86, or any part of that provision, c...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr135-</link><title>Financial Services and Markets Act 2022 - 135 Regulations for this Part</title><description>Regulations for this Part The Minister may make such regulations as may be necessary or expedient for carrying out the purposes and provisions of this Part and for prescribing any...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P19-</link><title>Financial Services and Markets Act 2022 - Part 9 DIGITAL TOKEN SERVICE PROVIDERS</title><description>DIGITAL TOKEN SERVICE PROVIDERS</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P19-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 Preliminary</title><description>Preliminary</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr136-</link><title>Financial Services and Markets Act 2022 - 136 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — 5% controller , in relation to a corporation (being a licensee), means a person that alone or tog...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P19-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Licensing of digital token service providers</title><description>Licensing of digital token service providers</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P19-P22-P31-</link><title>Financial Services and Markets Act 2022 - Subdivision 1 Licensing of digital token service providers</title><description>Licensing of digital token service providers</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr137-</link><title>Financial Services and Markets Act 2022 - 137 Licensing of digital token service providers</title><description>Licensing of digital token service providers Except as provided for in subsection (5), an individual or a partnership must not from a place of business in Singapore carry on a bus...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr138-</link><title>Financial Services and Markets Act 2022 - 138 Application for licence</title><description>Application for licence An application for a licence must be made to the Authority in the form and manner required by the Authority. Upon receiving an application under subsection...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr139-</link><title>Financial Services and Markets Act 2022 - 139 Holding out as licensee</title><description>Holding out as licensee A person must not hold himself, herself or itself out as a licensee, unless the person has in force a licence. An individual or a partnership must not hold...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr140-</link><title>Financial Services and Markets Act 2022 - 140 Annual fees of licensees</title><description>Annual fees of licensees A licensee must pay to the Authority a prescribed annual fee in such manner as the Authority may specify by written notice. The Authority may, where the A...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr141-</link><title>Financial Services and Markets Act 2022 - 141 Lapsing, surrender, revocation or suspension of licence</title><description>Lapsing, surrender, revocation or suspension of licence A licence lapses — in the case of a licensee that is an entity, if the licensee is wound up or otherwise dissolved, whether...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr142-</link><title>Financial Services and Markets Act 2022 - 142 Appeals to Minister</title><description>Appeals to Minister Any person that is aggrieved — by the refusal of the Authority to grant a licence to the person; or by the revocation or suspension of the person’s licence by ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P19-P22-P32-</link><title>Financial Services and Markets Act 2022 - Subdivision 2 Conduct of business</title><description>Conduct of business</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr143-</link><title>Financial Services and Markets Act 2022 - 143 Place of business of licensee</title><description>Place of business of licensee A licensee must not carry on a business of providing any type of digital token service unless the licensee has a permanent place of business. A licen...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr144-</link><title>Financial Services and Markets Act 2022 - 144 Obligation of licensee to notify Authority of certain events</title><description>Obligation of licensee to notify Authority of certain events A licensee must notify the Authority of the occurrence of any of the following events as soon as practicable after tha...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr145-</link><title>Financial Services and Markets Act 2022 - 145 Obligation of licensee to provide information to Authority</title><description>Obligation of licensee to provide information to Authority Subject to subsection (4), the Authority may, by written notice, require any licensee, or any person acting on behalf of...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr146-</link><title>Financial Services and Markets Act 2022 - 146 Obligation of licensee to submit periodic reports</title><description>Obligation of licensee to submit periodic reports A licensee must submit to the Authority such reports or returns relating to the licensee’s business in such form, manner and freq...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr147-</link><title>Financial Services and Markets Act 2022 - 147 Prohibition from carrying on certain businesses</title><description>Prohibition from carrying on certain businesses A licensee must not carry on a business of granting any credit facility to any individual in Singapore. A licensee that contravenes...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P19-P22-P33-</link><title>Financial Services and Markets Act 2022 - Subdivision 3 Control of controllers of licensees</title><description>Control of controllers of licensees</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr148-</link><title>Financial Services and Markets Act 2022 - 148 Application and interpretation of this Subdivision</title><description>Application and interpretation of this Subdivision This Subdivision applies to — every individual, whether or not resident in Singapore and whether or not a citizen of Singapore; ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr149-</link><title>Financial Services and Markets Act 2022 - 149 Control of shareholding in licensee</title><description>Control of shareholding in licensee A person must not become a 20% controller of a licensee without first applying for and obtaining the approval of the Authority under subsection...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr150-</link><title>Financial Services and Markets Act 2022 - 150 Objection to existing control of licensee</title><description>Objection to existing control of licensee The Authority may serve a written notice of objection on any person that is, or is required to obtain or has obtained the Authority’s app...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr151-</link><title>Financial Services and Markets Act 2022 - 151 Power of Authority to issue directions for this Subdivision</title><description>Power of Authority to issue directions for this Subdivision If the Authority is satisfied that a person has contravened section 149(1) or has failed to comply with any condition i...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr152-</link><title>Financial Services and Markets Act 2022 - 152 Power of Authority to obtain information relating to this Subdivision</title><description>Power of Authority to obtain information relating to this Subdivision The Authority may, by written notice, direct a licensee to obtain from any of its shareholders, and to provid...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr153-</link><title>Financial Services and Markets Act 2022 - 153 Offences, penalties and defences</title><description>Offences, penalties and defences A person that — contravenes section 149(1) or 150(5) or does any act in contravention of section 151(2); fails to comply with — any written notice...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr154-</link><title>Financial Services and Markets Act 2022 - 154 Appeals to Minister</title><description>Appeals to Minister Any person that is aggrieved by a decision of the Authority under section 149, 150 or 151 may, within 30 days after receiving the decision of the Authority, ap...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P19-P22-P34-</link><title>Financial Services and Markets Act 2022 - Subdivision 4 Control of officers of licensees</title><description>Control of officers of licensees</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr155-</link><title>Financial Services and Markets Act 2022 - 155 Approval of chief executive officer, director, partner or manager of licensee</title><description>Approval of chief executive officer, director, partner or manager of licensee Subject to subsections (4) and (5) — an individual may not be appointed as a chief executive officer ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr156-</link><title>Financial Services and Markets Act 2022 - 156 Removal of chief executive officer, director, partner or manager</title><description>Removal of chief executive officer, director, partner or manager Despite the provisions of any other written law, where the Authority is satisfied that an individual who is a chie...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr157-</link><title>Financial Services and Markets Act 2022 - 157 Appeals to Minister</title><description>Appeals to Minister A licensee that is aggrieved by a decision of the Authority under section 155(3)(b ) may, within 30 days after receiving the decision of the Authority, appeal ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P19-P22-P35-</link><title>Financial Services and Markets Act 2022 - Subdivision 5 Audit of licensees</title><description>Audit of licensees</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr158-</link><title>Financial Services and Markets Act 2022 - 158 Auditing</title><description>Auditing Despite the provisions of the Companies Act 1967, a licensee — must, on an annual basis and at its own expense, appoint an auditor; and if for any reason its auditor ceas...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr159-</link><title>Financial Services and Markets Act 2022 - 159 Powers of auditor appointed by Authority</title><description>Powers of auditor appointed by Authority An auditor appointed by the Authority under section 158(2) may, for the purpose of carrying out an examination or audit — examine, on oath...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr160-</link><title>Financial Services and Markets Act 2022 - 160 Restriction on auditor’s and employee’s right to communicate certain matters</title><description>Restriction on auditor’s and employee’s right to communicate certain matters Except as may be necessary for the carrying into effect of the provisions of this Part or so far as ma...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr161-</link><title>Financial Services and Markets Act 2022 - 161 Offence to destroy, conceal, alter, etc., records</title><description>Offence to destroy, conceal, alter, etc., records An individual who, with intent to prevent, delay or obstruct the carrying out of any examination or audit under section 158 or 15...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P19-P23-</link><title>Financial Services and Markets Act 2022 - Division 3 Offences</title><description>Offences</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr162-</link><title>Financial Services and Markets Act 2022 - 162 Falsification of records by officers, etc.</title><description>Falsification of records by officers, etc. An officer, auditor, employee or agent of a licensee who — wilfully makes, or causes to be made, a false entry in any book, or in any re...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr163-</link><title>Financial Services and Markets Act 2022 - 163 General penalty</title><description>General penalty A person guilty of an offence under this Part for which no penalty is expressly provided shall be liable on conviction — in the case of an individual, to a fine no...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P19-P24-</link><title>Financial Services and Markets Act 2022 - Division 4 Miscellaneous</title><description>Miscellaneous</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr164-</link><title>Financial Services and Markets Act 2022 - 164 Power of court to make certain orders</title><description>Power of court to make certain orders Where, on an application of the Authority, it appears to the court that a person — has committed an offence under this Part; or is about to d...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr165-</link><title>Financial Services and Markets Act 2022 - 165 Codes, guidelines, etc., by Authority</title><description>Codes, guidelines, etc., by Authority The Authority may issue and publish by notification in the Gazette or in any other manner the Authority considers appropriate, such codes, gu...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr166-</link><title>Financial Services and Markets Act 2022 - 166 Power of Authority to issue written notice</title><description>Power of Authority to issue written notice The Authority may, if the Authority thinks it necessary or expedient for the effective administration of this Part, for the protection o...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr167-</link><title>Financial Services and Markets Act 2022 - 167 Power of Authority to make regulations</title><description>Power of Authority to make regulations Regulations may be made under section 192 for or with respect to — the fees to be paid in respect of any matter or thing required for the pu...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P110-</link><title>Financial Services and Markets Act 2022 - Part 10 INSPECTION POWERS OF AUTHORITY</title><description>INSPECTION POWERS OF AUTHORITY</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr168-</link><title>Financial Services and Markets Act 2022 - 168 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — book has the meaning given by section 17; licensee has the meaning given by section 136(1); relev...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr169-</link><title>Financial Services and Markets Act 2022 - 169 Inspection by Authority</title><description>Inspection by Authority The Authority may from time to time inspect, under conditions of secrecy, the books of any of the following persons: a financial institution, for the purpo...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr170-</link><title>Financial Services and Markets Act 2022 - 170 Obligation of relevant person under inspection, etc.</title><description>Obligation of relevant person under inspection, etc. For the purposes of an inspection under section 169(1), a relevant person must — give the Authority access to such of the book...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr171-</link><title>Financial Services and Markets Act 2022 - 171 Confidentiality of inspection reports</title><description>Confidentiality of inspection reports Except as provided in subsection (2), where a written report has been produced in respect of a relevant person by the Authority following an ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr172-</link><title>Financial Services and Markets Act 2022 - 172 Authority may transmit information from inspection to corresponding authority</title><description>Authority may transmit information from inspection to corresponding authority The Authority or any person authorised by the Authority may, on the Authority’s own motion, and subje...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr173-</link><title>Financial Services and Markets Act 2022 - 173 Self-incrimination</title><description>Self-incrimination A person is not excused from disclosing information to the Authority pursuant to a requirement made of the person under this Part on the grounds that the disclo...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P111-</link><title>Financial Services and Markets Act 2022 - Part 11 OFFENCES</title><description>OFFENCES</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr174-</link><title>Financial Services and Markets Act 2022 - 174 Offences by corporations</title><description>Offences by corporations Where, in a proceeding for an offence under this Act, it is necessary to prove the state of mind of a corporation in relation to a particular conduct, evi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr175-</link><title>Financial Services and Markets Act 2022 - 175 Offences by unincorporated associations or partnerships</title><description>Offences by unincorporated associations or partnerships Where, in a proceeding for an offence under this Act, it is necessary to prove the state of mind of an unincorporated assoc...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr176-</link><title>Financial Services and Markets Act 2022 - 176 General duty to use reasonable care not to provide false information to Authority</title><description>General duty to use reasonable care not to provide false information to Authority A person who provides the Authority with any information — under or for the purposes of any provi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr177-</link><title>Financial Services and Markets Act 2022 - 177 Composition of offences</title><description>Composition of offences The Authority may compound any offence under this Act that is prescribed as a compoundable offence by collecting from a person reasonably suspected of havi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P112-</link><title>Financial Services and Markets Act 2022 - Part 12 MISCELLANEOUS</title><description>MISCELLANEOUS</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr178-</link><title>Financial Services and Markets Act 2022 - 178 Agents</title><description>Agents In the exercise of its powers and the performance of its functions under this Act, the Authority may — establish agencies at such places outside Singapore as the Authority ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr179-</link><title>Financial Services and Markets Act 2022 - 179 Appointment of assistants</title><description>Appointment of assistants Subject to subsection (2), the Authority may appoint any person to exercise any of the Authority’s powers or perform any of the Authority’s functions or ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr180-</link><title>Financial Services and Markets Act 2022 - 180 Consent of Public Prosecutor</title><description>Consent of Public Prosecutor No prosecution in respect of any offence under this Act may be instituted without the written consent of the Public Prosecutor.</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr181-</link><title>Financial Services and Markets Act 2022 - 181 Jurisdiction of Courts</title><description>Jurisdiction of Courts Despite the Criminal Procedure Code 2010, a District Court or a Magistrate’s Court has jurisdiction to try any offence under this Act and has power to impos...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr182-</link><title>Financial Services and Markets Act 2022 - 182 Opportunity to be heard</title><description>Opportunity to be heard Where this Act provides for a person to be given an opportunity to be heard by the Authority, the Authority may prescribe the manner in which the person is...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr183-</link><title>Financial Services and Markets Act 2022 - 183 Recovery of fees, expenses, etc.</title><description>Recovery of fees, expenses, etc. The Authority may recover as a civil debt due to the Authority from the financial institution concerned — the amount of any fees payable to the Au...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr184-</link><title>Financial Services and Markets Act 2022 - 184 Publication of certain information</title><description>Publication of certain information The Authority may prepare and publish — consolidated statements aggregating any information provided under this Act; or for statistical purposes...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr185-</link><title>Financial Services and Markets Act 2022 - 185 Disclosure of information</title><description>Disclosure of information Nothing in this Act requires the Minister or any public servant (including a member of an Appeal Advisory Committee deemed to be a public servant under s...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr186-</link><title>Financial Services and Markets Act 2022 - 186 Service of documents</title><description>Service of documents A document that is permitted or required by this Act to be served on a person may be served as described in this section. A document permitted or required by ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr187-</link><title>Financial Services and Markets Act 2022 - 187 Electronic service</title><description>Electronic service The Authority may provide an electronic service for the service of any document that is required or authorised by this Act to be served on any person. For the p...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr188-</link><title>Financial Services and Markets Act 2022 - 188 Guidelines on Fit and Proper Criteria</title><description>Guidelines on Fit and Proper Criteria For the purpose of determining whether a person is a fit and proper person in relation to this Act or any provision of this Act, the Authorit...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr189-</link><title>Financial Services and Markets Act 2022 - 189 Exemption</title><description>Exemption The Authority may, by regulations, exempt — any person or class of persons from this Act or any provision of this Act; and any of the following from all or any of the pr...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr190-</link><title>Financial Services and Markets Act 2022 - 190 Amendment of Schedules</title><description>Amendment of Schedules The Minister may from time to time, by order in the Gazette , amend, add to or vary the First or Second Schedule. The Minister may, in any order made under ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr191-</link><title>Financial Services and Markets Act 2022 - 191 Power of Minister to make regulations for or in respect to appeals</title><description>Power of Minister to make regulations for or in respect to appeals The Minister may make regulations for, or in respect of, any appeal to the Minister mentioned in sections 4(6), ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr192-</link><title>Financial Services and Markets Act 2022 - 192 Power of Authority to make regulations</title><description>Power of Authority to make regulations Except as otherwise expressly provided in this Act, the Authority may make regulations prescribing matters required or permitted by this Act...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr193-</link><title>Financial Services and Markets Act 2022 - 193 Amendment of Banking Act 1970</title><description>Amendment of Banking Act 1970 Subject to subsection (2), section 2(1) of the Banking Act 1970 is amended by deleting the definition of financial holding company and substituting t...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr194-</link><title>Financial Services and Markets Act 2022 - 194 Amendment of Companies Act 1967</title><description>Amendment of Companies Act 1967 Section 8G of the Companies Act 1967 is amended by deleting the words sections 27 and 28 of the Monetary Authority of Singapore Act 1970 and substi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr195-</link><title>Financial Services and Markets Act 2022 - 195 Amendment of Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992</title><description>Amendment of Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992 Section 2(1) of the Corruption, Drug Trafficking and Other Serious Crimes (C...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr196-</link><title>Financial Services and Markets Act 2022 - 196 Amendment of Credit Bureau Act 2016</title><description>Amendment of Credit Bureau Act 2016 Section 2 of the Credit Bureau Act 2016 is amended by deleting the words approved as a financial institution under section 28 of the Monetary A...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr197-</link><title>Financial Services and Markets Act 2022 - 197 Amendment of Criminal Procedure Code 2010</title><description>Amendment of Criminal Procedure Code 2010 The Sixth Schedule to the Criminal Procedure Code 2010 is amended — by inserting, immediately after item 2, the following item: Any offen...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr198-</link><title>Financial Services and Markets Act 2022 - 198 Amendment of Deposit Insurance and Policy Owners’ Protection Schemes Act 2011</title><description>Amendment of Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 Section 2(1) of the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 is amended — by ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr199-</link><title>Financial Services and Markets Act 2022 - 199 Amendment of Finance Companies Act 1967</title><description>Amendment of Finance Companies Act 1967 Section 15(1) of the Finance Companies Act 1967 is amended by deleting the words Division 2, 3, 4 or 4A of Part 4B of the Monetary Authorit...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr200-</link><title>Financial Services and Markets Act 2022 - 200 Amendment of Financial Advisers Act 2001</title><description>Amendment of Financial Advisers Act 2001 Section 2(1) of the Financial Advisers Act 2001 is amended — by inserting, immediately after paragraph (b ) of the definition of prescribe...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr201-</link><title>Financial Services and Markets Act 2022 - 201 Amendment of Financial Holding Companies Act 2013</title><description>Amendment of Financial Holding Companies Act 2013 Section 53 of the Financial Holding Companies Act 2013 is amended by inserting, immediately after paragraph (c ) of the definitio...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr203-</link><title>Financial Services and Markets Act 2022 - 203 Amendment of Insolvency, Restructuring and Dissolution Act 2018</title><description>Amendment of Insolvency, Restructuring and Dissolution Act 2018 Section 72U(3) of the Insolvency, Restructuring and Dissolution Act 2018 is amended — by inserting, immediately aft...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr204-</link><title>Financial Services and Markets Act 2022 - 204 Amendment of Insurance Act 1966</title><description>Amendment of Insurance Act 1966 Section 36 of the Insurance Act 1966 is amended — by deleting the words under section 74, or under section 68 of the Financial Advisers Act 2001 or...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr205-</link><title>Financial Services and Markets Act 2022 - 205 Amendment of Monetary Authority of Singapore Act 1970</title><description>Amendment of Monetary Authority of Singapore Act 1970 Section 23(7A) of the Monetary Authority of Singapore Act 1970 is amended — by deleting the words Part 4B and substituting th...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr206-</link><title>Financial Services and Markets Act 2022 - 206 Amendment of Mutual Assistance in Criminal Matters Act 2000</title><description>Amendment of Mutual Assistance in Criminal Matters Act 2000 Section 2(1) of the Mutual Assistance in Criminal Matters Act 2000 is amended by deleting the definition of financial i...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr207-</link><title>Financial Services and Markets Act 2022 - 207 Amendment of Payment Services Act 2019</title><description>Amendment of Payment Services Act 2019 Section 2(1) of the Payment Services Act 2019 is amended by inserting, immediately after the definition of place of business , the following...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr208-</link><title>Financial Services and Markets Act 2022 - 208 Amendment of Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019</title><description>Amendment of Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019 Section 2 of the Precious Stones and Precious Metals (Prevention...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr209-</link><title>Financial Services and Markets Act 2022 - 209 Amendment of Securities and Futures Act 2001</title><description>Amendment of Securities and Futures Act 2001 Section 2(1) of the Securities and Futures Act 2001 is amended — by inserting, immediately after the definition of franchise , the fol...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr210-</link><title>Financial Services and Markets Act 2022 - 210 Amendment of Trust Companies Act 2005</title><description>Amendment of Trust Companies Act 2005 Section 10(2) of the Trust Companies Act 2005 is amended by deleting the words Division 2, 3, 4 or 4A of Part 4B of the Monetary Authority of...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr211-</link><title>Financial Services and Markets Act 2022 - 211 Amendment of United Nations Act 2001</title><description>Amendment of United Nations Act 2001 Section 2(2) of the United Nations Act 2001 is amended by deleting the words directions issued or regulations made by the Monetary Authority o...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr212-</link><title>Financial Services and Markets Act 2022 - 212 Amendment of Variable Capital Companies Act 2018</title><description>Amendment of Variable Capital Companies Act 2018 Section 2(1) of the Variable Capital Companies Act 2018 is amended — by inserting, immediately after the definition of financial y...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr213-</link><title>Financial Services and Markets Act 2022 - 213 Amendment of Securities and Futures (Amendment) Act 2017</title><description>Amendment of Securities and Futures (Amendment) Act 2017 Subject to subsection (2), section 203 of the Securities and Futures (Amendment) Act 2017 is repealed. Subsection (1) only...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr214-</link><title>Financial Services and Markets Act 2022 - 214 Amendment of Financial Services and Markets Act 2022</title><description>Amendment of Financial Services and Markets Act 2022 Section 6 of the Financial Services and Markets Act 2022 is amended by deleting the definition of digital payment token instru...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P114-</link><title>Financial Services and Markets Act 2022 - Part 14 SAVINGS AND TRANSITIONAL PROVISIONS</title><description>SAVINGS AND TRANSITIONAL PROVISIONS</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr215-</link><title>Financial Services and Markets Act 2022 - 215 Saving and transitional provisions in relation to amendments to Banking Act 1970</title><description>Saving and transitional provisions in relation to amendments to Banking Act 1970 For the purposes of sections 20(1)(b ) and (7) and 55ZA(1)(b )(ii) and (7)(b ) of the Banking Act ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr216-</link><title>Financial Services and Markets Act 2022 - 216 Saving and transitional provisions in relation to amendments to Finance Companies Act 1967</title><description>Saving and transitional provisions in relation to amendments to Finance Companies Act 1967 For the purposes of section 15(1)(c )(ii) of the Finance Companies Act 1967, the exercis...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr217-</link><title>Financial Services and Markets Act 2022 - 217 Saving and transitional provisions in relation to amendments to Financial Advisers Act 2001</title><description>Saving and transitional provisions in relation to amendments to Financial Advisers Act 2001 Any prohibition order made under section 68(1) of the Financial Advisers Act 2001 as in...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr218-</link><title>Financial Services and Markets Act 2022 - 218 Saving and transitional provisions in relation to amendments to Insurance Act 1966</title><description>Saving and transitional provisions in relation to amendments to Insurance Act 1966 Any order made under section 74(1) of the Insurance Act 1966 as in force immediately before the ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr219-</link><title>Financial Services and Markets Act 2022 - 219 Saving and transitional provisions in relation to amendments to Monetary Authority of Singapore Act 1970</title><description>Saving and transitional provisions in relation to amendments to Monetary Authority of Singapore Act 1970 So far as it is not inconsistent with the provisions of this Act — any req...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr220-</link><title>Financial Services and Markets Act 2022 - 220 Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001</title><description>Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001 For the purposes of sections 14(1)(e ), 46H(1)(da ), 56(1)(da ), 81Z(1)(da ), 95(2)...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr221-</link><title>Financial Services and Markets Act 2022 - 221 Saving and transitional provisions in relation to amendments to Trust Companies Act 2005</title><description>Saving and transitional provisions in relation to amendments to Trust Companies Act 2005 For the purposes of section 10(2)(e ) of the Trust Companies Act 2005, the exercise of any...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr222-</link><title>Financial Services and Markets Act 2022 - 222 Other saving and transitional provisions</title><description>Other saving and transitional provisions For a period of 2 years after the date of commencement of any provision of this Act, the Minister may, by regulations, prescribe such addi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=Sc1-</link><title>Financial Services and Markets Act 2022 - First Schedule Digital token services</title><description>Sections 136(1) and 190(1) Digital token services SERVICES THAT ARE DIGITAL TOKEN SERVICES Except where Part 2 of this Schedule provides otherwise, each of the following services ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=Sc2-</link><title>Financial Services and Markets Act 2022 - Second Schedule Excluded persons</title><description>Sections 137(5)(b ) and 190(1) Excluded persons For the purpose of section 137(5)(b ), the specified persons are — any public statutory corporation established under any Act in Si...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=xv-</link><title>Financial Services and Markets Act 2022 - Legislative History</title><description>This Legislative History is a service provided by the Law Revision Commission on a best-efforts basis. It is not part of the Act. Act 18 of 2022 Financial Services and Markets Act...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P15-</link><title>Financial Services and Markets Act 2022 - Part 5 TECHNOLOGY RISK MANAGEMENT</title><description>TECHNOLOGY RISK MANAGEMENT</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr29-</link><title>Financial Services and Markets Act 2022 - 29 Power of Authority in relation to technology risk management</title><description>Power of Authority in relation to technology risk management The Authority may, from time to time, issue such directions, or make such regulations under section 192, concerning an...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P17-</link><title>Financial Services and Markets Act 2022 - Part 7 CONTROL OVER FINANCIAL INSTITUTIONS</title><description>CONTROL OVER FINANCIAL INSTITUTIONS</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P17-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions</title><description>General provisions</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr39-</link><title>Financial Services and Markets Act 2022 - 39 Application and interpretation of this Part</title><description>Application and interpretation of this Part This Part applies to, and in relation to, every relevant financial institution. In this Part, unless the context otherwise requires — c...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr40-</link><title>Financial Services and Markets Act 2022 - 40 Information of insolvency, etc.</title><description>Information of insolvency, etc. Any relevant financial institution which is or is likely to become insolvent, which is or is likely to become unable to meet its obligations, or wh...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr41-</link><title>Financial Services and Markets Act 2022 - 41 Action by Authority if relevant financial institution unable to meet obligations, etc.</title><description>Action by Authority if relevant financial institution unable to meet obligations, etc. The Authority may exercise any one or more of the powers specified in subsection (2) as appe...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr42-</link><title>Financial Services and Markets Act 2022 - 42 Effect of assumption of control under section 41</title><description>Effect of assumption of control under section 41 Upon assuming control of the relevant business of a relevant financial institution, the Authority or statutory manager (as the cas...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr43-</link><title>Financial Services and Markets Act 2022 - 43 Duration of control</title><description>Duration of control The Authority must cease to control the relevant business of a relevant financial institution when the Authority is satisfied that — the reasons for the Author...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr44-</link><title>Financial Services and Markets Act 2022 - 44 Responsibilities of officers, member, etc., of relevant financial institution</title><description>Responsibilities of officers, member, etc., of relevant financial institution During the period when the Authority or statutory manager is in control of the relevant business of a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr45-</link><title>Financial Services and Markets Act 2022 - 45 Remuneration and expenses of Authority and others in certain cases</title><description>Remuneration and expenses of Authority and others in certain cases The Authority may at any time fix the remuneration and expenses to be paid by a relevant financial institution —...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr46-</link><title>Financial Services and Markets Act 2022 - 46 Voluntary transfer of business of relevant financial institution</title><description>Voluntary transfer of business of relevant financial institution A transferor may transfer the whole or any part of its business (including any business that is not the significan...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr47-</link><title>Financial Services and Markets Act 2022 - 47 Approval of transfer of business of relevant financial institution</title><description>Approval of transfer of business of relevant financial institution A transferor must apply to the Court for its approval of the transfer of the whole or any part of the business o...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr48-</link><title>Financial Services and Markets Act 2022 - 48 Disqualification or removal of director or executive officer of relevant financial institution</title><description>Disqualification or removal of director or executive officer of relevant financial institution Despite the provisions of any other written law — a relevant financial institution m...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr49-</link><title>Financial Services and Markets Act 2022 - 49 Provisions as to compromise or arrangement relating to certain financial institutions, etc.</title><description>Provisions as to compromise or arrangement relating to certain financial institutions, etc. This section applies despite any other written law. In any proceedings under section 21...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr50-</link><title>Financial Services and Markets Act 2022 - 50 Regulations for this Part</title><description>Regulations for this Part Regulations made under section 192 for this Part may prescribe — that any contravention of a provision of the regulations shall be an offence punishable ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr51-</link><title>Financial Services and Markets Act 2022 - 51 Notice concerning recovery and resolution plans</title><description>Notice concerning recovery and resolution plans The Authority may issue a notice to pertinent financial institutions requiring each pertinent financial institution to which a dire...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr52-</link><title>Financial Services and Markets Act 2022 - 52 Direction for recovery plan and its implementation</title><description>Direction for recovery plan and its implementation The Authority may issue a direction to a pertinent financial institution — requiring the pertinent financial institution to comp...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr53-</link><title>Financial Services and Markets Act 2022 - 53 Resolution planning</title><description>Resolution planning The Authority may prepare plans for the orderly resolution of a pertinent financial institution, and may for that purpose issue a direction to the pertinent fi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr54-</link><title>Financial Services and Markets Act 2022 - 54 Power to direct removal of impediments</title><description>Power to direct removal of impediments This section applies if the Authority is of the opinion that an impediment exists to the orderly resolution of a pertinent financial institu...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr55-</link><title>Financial Services and Markets Act 2022 - 55 Appeal against direction to remove impediment</title><description>Appeal against direction to remove impediment A pertinent financial institution that is aggrieved by a direction issued to it under section 52(2)(b ) or 54(2) may, within 30 days ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr56-</link><title>Financial Services and Markets Act 2022 - 56 Provisions concerning directions and notices under this Division</title><description>Provisions concerning directions and notices under this Division A direction or notice under this Division must be in writing. It is not necessary to publish a direction or notice...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr57-</link><title>Financial Services and Markets Act 2022 - 57 Offences under this Division</title><description>Offences under this Division A pertinent financial institution that does not comply with a direction or notice of the Authority under this Division shall be guilty of an offence a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P18-</link><title>Financial Services and Markets Act 2022 - Part 8 RESOLUTION OF FINANCIAL INSTITUTIONS</title><description>RESOLUTION OF FINANCIAL INSTITUTIONS</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P18-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions</title><description>General provisions</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr58-</link><title>Financial Services and Markets Act 2022 - 58 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — affected person , in relation to a specified financial institution, means any person prescribed b...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr59-</link><title>Financial Services and Markets Act 2022 - 59 Exercise of powers under Divisions 2, 4, 5 and 6 of this Part</title><description>Exercise of powers under Divisions 2, 4, 5 and 6 of this Part In determining whether to exercise its powers under Divisions 2, 4, 5 and 6 of this Part in relation to a pertinent f...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr60-</link><title>Financial Services and Markets Act 2022 - 60 Directions or regulations concerning persons that have ceased to be specified financial institutions</title><description>Directions or regulations concerning persons that have ceased to be specified financial institutions The Authority may, from time to time, issue such directions, or make such regu...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr61-</link><title>Financial Services and Markets Act 2022 - 61 Directions and notices issued under this Act or other MAS scheduled Act to continue to apply to persons who cease to be specified financial institutions</title><description>Directions and notices issued under this Act or other MAS scheduled Act to continue to apply to persons who cease to be specified financial institutions Where a person ceases to b...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr62-</link><title>Financial Services and Markets Act 2022 - 62 Moratorium</title><description>Moratorium The Authority may, if the Authority considers it to be in the interests of the affected persons of a specified financial institution, make an order prohibiting that spe...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr63-</link><title>Financial Services and Markets Act 2022 - 63 General provisions as to winding up</title><description>General provisions as to winding up On the application of the Authority, the Court may, in addition to the grounds specified in section 125(1) of the Insolvency, Restructuring and...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr64-</link><title>Financial Services and Markets Act 2022 - 64 Power of Court to take action against directors and executive officers</title><description>Power of Court to take action against directors and executive officers Without affecting any provision of this Act or any other MAS scheduled Act, if, in the course of exercising ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P18-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Compulsory transfer of business of pertinent financial institution</title><description>Compulsory transfer of business of pertinent financial institution</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr65-</link><title>Financial Services and Markets Act 2022 - 65 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr66-</link><title>Financial Services and Markets Act 2022 - 66 Compulsory transfer of business</title><description>Compulsory transfer of business Subject to subsections (2), (3) and (7), the Authority may make a determination that the whole or any part of the business of a transferor must be ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr67-</link><title>Financial Services and Markets Act 2022 - 67 Certificate of transfer</title><description>Certificate of transfer If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of transfer, which comes into effect on the date s...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr68-</link><title>Financial Services and Markets Act 2022 - 68 Moratorium, avoidance of disposition of property, etc.</title><description>Moratorium, avoidance of disposition of property, etc. Despite section 62(2) but subject to section 134, no resolution may be passed, and no order may be made, for the winding up ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P18-P23-</link><title>Financial Services and Markets Act 2022 - Division 3 Reverse transfer of business and onward transfer of business</title><description>Reverse transfer of business and onward transfer of business</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr69-</link><title>Financial Services and Markets Act 2022 - 69 Interpretation of this Division</title><description>Interpretation of this Division In this Division — 2nd transferee means the person to which the whole or part of a transferor’s business that was transferred to a transferee by a ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr70-</link><title>Financial Services and Markets Act 2022 - 70 Reverse transfer of business</title><description>Reverse transfer of business Subject to this section, the Authority may, at any time after the transfer of any business under a certificate of transfer, make a determination that ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr71-</link><title>Financial Services and Markets Act 2022 - 71 Reverse transfer certificate</title><description>Reverse transfer certificate If the Minister approves a determination under section 70, the Minister must, as soon as practicable, issue a certificate (called in this section the ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr72-</link><title>Financial Services and Markets Act 2022 - 72 Onward transfer of business</title><description>Onward transfer of business Subject to this section, the Authority may, at any time after the transfer of any business under a certificate of transfer, make a determination that t...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr73-</link><title>Financial Services and Markets Act 2022 - 73 Onward transfer certificate</title><description>Onward transfer certificate If the Minister approves a determination under section 72, the Minister must, as soon as practicable, issue a certificate (called in this section the o...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P18-P24-</link><title>Financial Services and Markets Act 2022 - Division 4 Compulsory transfer of shares of pertinent financial institution</title><description>Compulsory transfer of shares of pertinent financial institution</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr74-</link><title>Financial Services and Markets Act 2022 - 74 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr75-</link><title>Financial Services and Markets Act 2022 - 75 Compulsory transfer of shares</title><description>Compulsory transfer of shares The Authority may make a determination that all or any of the shares held by a transferor in a pertinent financial institution incorporated in Singap...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr76-</link><title>Financial Services and Markets Act 2022 - 76 Certificate of transfer</title><description>Certificate of transfer If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of transfer, which comes into effect on the date s...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P18-P25-</link><title>Financial Services and Markets Act 2022 - Division 5 Compulsory restructuring of share capital of pertinent financial institution</title><description>Compulsory restructuring of share capital of pertinent financial institution</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr77-</link><title>Financial Services and Markets Act 2022 - 77 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr78-</link><title>Financial Services and Markets Act 2022 - 78 Compulsory restructuring of share capital</title><description>Compulsory restructuring of share capital The Authority may make a determination that the share capital of a pertinent financial institution incorporated in Singapore be reduced b...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr79-</link><title>Financial Services and Markets Act 2022 - 79 Certificate of restructuring of share capital</title><description>Certificate of restructuring of share capital If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of restructuring of share ca...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P18-P26-</link><title>Financial Services and Markets Act 2022 - Division 6 Bail-in powers</title><description>Bail-in powers</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr80-</link><title>Financial Services and Markets Act 2022 - 80 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — appointed date , in relation to a bail‑in certificate, means the date appointed for the b...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr81-</link><title>Financial Services and Markets Act 2022 - 81 Exercise of powers under this Division</title><description>Exercise of powers under this Division In exercising any power under this Division, the Authority must have regard to the desirability of giving each pre‑resolution creditor or pr...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr82-</link><title>Financial Services and Markets Act 2022 - 82 Determination by Authority</title><description>Determination by Authority Subject to subsection (2), the Authority may make one or more of the following determinations concerning one or more eligible instruments issued by a Di...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr83-</link><title>Financial Services and Markets Act 2022 - 83 Approval by Minister of determination</title><description>Approval by Minister of determination Before approving a determination of the Authority, the Minister must, unless the Minister decides that it is not practicable or desirable to ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr84-</link><title>Financial Services and Markets Act 2022 - 84 Bail-in certificate</title><description>Bail-in certificate If the Minister approves a determination, the Minister must, as soon as practicable, issue a bail‑in certificate. The bail-in certificate comes into effect on ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr85-</link><title>Financial Services and Markets Act 2022 - 85 Effects of bail-in certificate</title><description>Effects of bail-in certificate A provision in a bail-in certificate has effect despite any restriction arising by reason of contract, any written law or rule of law in force befor...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr86-</link><title>Financial Services and Markets Act 2022 - 86 Moratorium</title><description>Moratorium Despite section 62(2) but subject to section 134, during the period beginning on the date of publication of the notice in section 83(1)(a ) in the Gazette or (where the...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr87-</link><title>Financial Services and Markets Act 2022 - 87 Significant shareholder by reason of bail-in certificate</title><description>Significant shareholder by reason of bail-in certificate Where any person becomes a significant shareholder of a Division 6 FI or resulting FI as a result of a provision of a bail...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr88-</link><title>Financial Services and Markets Act 2022 - 88 Directions for disposal</title><description>Directions for disposal If the Minister is satisfied that any person has failed to comply with a condition imposed on the person in section 87(2) or (3), or if the Minister has se...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr89-</link><title>Financial Services and Markets Act 2022 - 89 Offence</title><description>Offence A person that fails to comply with a condition imposed on the person in section 87(2) or (3), or a notice served on the person in section 87(5) or 88(1), shall be guilty o...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr90-</link><title>Financial Services and Markets Act 2022 - 90 Restriction on eligible instruments</title><description>Restriction on eligible instruments To ensure the effective operation of the provisions of this Division on an eligible instrument, regulations made under section 135 may impose a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P18-P27-</link><title>Financial Services and Markets Act 2022 - Division 7 Termination rights</title><description>Termination rights</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr91-</link><title>Financial Services and Markets Act 2022 - 91 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — approved clearing house has the meaning given by section 2(1) of the Securities and Futur...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr92-</link><title>Financial Services and Markets Act 2022 - 92 Effect of resolution measure on contracts where substantive obligations continue to be performed</title><description>Effect of resolution measure on contracts where substantive obligations continue to be performed This section applies to a contract that satisfies both of the following: one of th...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr93-</link><title>Financial Services and Markets Act 2022 - 93 Right to temporarily suspend termination right for contracts because of resolution measure</title><description>Right to temporarily suspend termination right for contracts because of resolution measure This section applies to a contract one of the parties to which is — a pertinent financia...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr94-</link><title>Financial Services and Markets Act 2022 - 94 When suspension takes effect</title><description>When suspension takes effect A suspension by a notice under section 93 takes effect from (and including) the time of publication of the notice under that section in the Gazette or...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P18-P28-</link><title>Financial Services and Markets Act 2022 - Division 8 Assistance to foreign resolution authorities and domestic authorities</title><description>Assistance to foreign resolution authorities and domestic authorities</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr95-</link><title>Financial Services and Markets Act 2022 - 95 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — domestic authority  — means any ministry or department of the Government, any Organ of St...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr96-</link><title>Financial Services and Markets Act 2022 - 96 Conditions for provision of assistance to foreign resolution authority</title><description>Conditions for provision of assistance to foreign resolution authority The Authority may provide the assistance referred to in section 98 to a foreign resolution authority, if the...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr97-</link><title>Financial Services and Markets Act 2022 - 97 Other factors to consider for provision of assistance to foreign resolution authority</title><description>Other factors to consider for provision of assistance to foreign resolution authority In deciding whether to grant a request for assistance referred to in section 98 from a foreig...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr98-</link><title>Financial Services and Markets Act 2022 - 98 Assistance that may be rendered to foreign resolution authority</title><description>Assistance that may be rendered to foreign resolution authority Despite the provisions of any prescribed written law or any requirement imposed thereunder or any rule of law, the ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr99-</link><title>Financial Services and Markets Act 2022 - 99 Assistance to domestic authority</title><description>Assistance to domestic authority Despite any obligation as to secrecy or other restriction upon the disclosure of information imposed by any prescribed written law or any requirem...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr100-</link><title>Financial Services and Markets Act 2022 - 100 Offences under this Division</title><description>Offences under this Division Any person who — without reasonable excuse, refuses or fails to comply with an order under section 98(1)(b ) or (c ); in purported compliance with an ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr101-</link><title>Financial Services and Markets Act 2022 - 101 Immunity for providing material, etc.</title><description>Immunity for providing material, etc. No liability, other than for an offence under section 100, shall lie against any person for — providing to the Authority any material or copy...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P18-P29-</link><title>Financial Services and Markets Act 2022 - Division 9 Recognition of foreign resolutions</title><description>Recognition of foreign resolutions</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr102-</link><title>Financial Services and Markets Act 2022 - 102 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — determination means a determination made under section 103; foreign financial institution...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr103-</link><title>Financial Services and Markets Act 2022 - 103 Determination over foreign resolution</title><description>Determination over foreign resolution This section applies where a foreign resolution authority of a foreign country or territory makes a request to the Authority to recognise a f...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr104-</link><title>Financial Services and Markets Act 2022 - 104 Order to give effect to foreign resolution</title><description>Order to give effect to foreign resolution If the Minister approves a determination that a foreign resolution should be recognised in whole or in part, the Minister must, as soon ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr105-</link><title>Financial Services and Markets Act 2022 - 105 Directions</title><description>Directions The Authority may, from time to time, issue such directions to any person that is approved, authorised, designated, recognised, registered, licensed or otherwise regula...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr106-</link><title>Financial Services and Markets Act 2022 - 106 Offence</title><description>Offence A person that refuses or fails to comply with a provision of the order under section 104 that applies to the person, or a direction issued to the person under section 105,...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P18-P210-</link><title>Financial Services and Markets Act 2022 - Division 10 Resolution funding</title><description>Resolution funding</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr107-</link><title>Financial Services and Markets Act 2022 - 107 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — Agency means the company designated by the Minister under section 56 of the Deposit Insur...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr108-</link><title>Financial Services and Markets Act 2022 - 108 Establishment of resolution fund</title><description>Establishment of resolution fund For the purposes of supporting a resolution measure undertaken for a financial institution and other matters relating to the measure, the Minister...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr109-</link><title>Financial Services and Markets Act 2022 - 109 Trustee of resolution fund</title><description>Trustee of resolution fund The duty of the trustee of a resolution fund is to administer and manage the resolution fund, and in particular — to make withdrawals from the resolutio...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr110-</link><title>Financial Services and Markets Act 2022 - 110 Withdrawal from resolution fund</title><description>Withdrawal from resolution fund The trustee of a resolution fund must, at the Minister’s direction, make one or more withdrawals from the resolution fund and apply the moneys with...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr111-</link><title>Financial Services and Markets Act 2022 - 111 Recovery of sums withdrawn</title><description>Recovery of sums withdrawn Where one or more withdrawals have been made from a resolution fund under section 110, the Minister may direct the trustee of the resolution fund to rec...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr112-</link><title>Financial Services and Markets Act 2022 - 112 Claim from financial institution under resolution</title><description>Claim from financial institution under resolution Where a direction has been given under section 111(1)(a ), the trustee of the resolution fund must make a claim mentioned in that...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr113-</link><title>Financial Services and Markets Act 2022 - 113 Computation and notice of levy</title><description>Computation and notice of levy After the Minister has given a direction under section 111(1)(b ) or (2), the Authority must, in accordance with the regulations made under section ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr114-</link><title>Financial Services and Markets Act 2022 - 114 Payment of levy by similar financial institutions, participants of market infrastructure on lump sum basis, or participants of payment system operated by payment system operator</title><description>Payment of levy by similar financial institutions, participants of market infrastructure on lump sum basis, or participants of payment system operated by payment system operator T...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr115-</link><title>Financial Services and Markets Act 2022 - 115 Payment of levy by participants of market infrastructure on transaction basis</title><description>Payment of levy by participants of market infrastructure on transaction basis This section applies where a notice under section 113(4) is given to a market infrastructure. The mar...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr116-</link><title>Financial Services and Markets Act 2022 - 116 Recovery, refund and remission of levies and late payment fees, etc.</title><description>Recovery, refund and remission of levies and late payment fees, etc. The levy imposed on a person under section 113(3), (5) or (6), and any late payment fee imposed on the person ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr117-</link><title>Financial Services and Markets Act 2022 - 117 Disclosure of information on levy</title><description>Disclosure of information on levy This section applies to a notice given under section 113(3), (5) or (6) to a levy payer that is a similar financial institution, or a participant...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr118-</link><title>Financial Services and Markets Act 2022 - 118 Use of resolution fund to pay loan, etc., and balance in resolution fund</title><description>Use of resolution fund to pay loan, etc., and balance in resolution fund The Minister may, from time to time, direct the trustee of a resolution fund to make a withdrawal from the...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr119-</link><title>Financial Services and Markets Act 2022 - 119 Priority of debt of financial institution to trustee</title><description>Priority of debt of financial institution to trustee Despite any written law or rule of law relating to the winding up of companies, in the event of a winding up of a financial in...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr120-</link><title>Financial Services and Markets Act 2022 - 120 Regulations for this Division</title><description>Regulations for this Division Regulations may be made under section 135 for the purposes of this Division. Without limiting subsection (1), regulations may be made in relation to ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P18-P211-</link><title>Financial Services and Markets Act 2022 - Division 11 Compensation</title><description>Compensation</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr121-</link><title>Financial Services and Markets Act 2022 - 121 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — 2nd transferee has the meaning given by section 69; Division 11 FI or Division 11 financi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr122-</link><title>Financial Services and Markets Act 2022 - 122 Meaning of "worse off as a result of the resolution"</title><description>Meaning of worse off as a result of the resolution In this Division, a pre‑resolution creditor or pre‑resolution shareholder of a Division 11 FI under resolution is worse off as a...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr123-</link><title>Financial Services and Markets Act 2022 - 123 Eligibility for compensation</title><description>Eligibility for compensation A pre-resolution creditor or pre‑resolution shareholder of a Division 11 FI under resolution that is worse off as a result of the resolution, is eligi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr124-</link><title>Financial Services and Markets Act 2022 - 124 Appointment of valuer</title><description>Appointment of valuer The Minister must, as soon as practicable, after the resolution date of a Division 11 FI under resolution, appoint a valuer for the Division 11 FI. The role ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr125-</link><title>Financial Services and Markets Act 2022 - 125 Valuation</title><description>Valuation A valuer for a Division 11 FI under resolution must conduct the valuation of the Division 11 FI in accordance with the valuation principles that are prescribed by regula...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr126-</link><title>Financial Services and Markets Act 2022 - 126 Access to information by valuer</title><description>Access to information by valuer A Division 11 FI under resolution for which a valuer is appointed must — give the valuer access to such of its records and documents as the valuer ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr127-</link><title>Financial Services and Markets Act 2022 - 127 Confidentiality and use of information</title><description>Confidentiality and use of information A valuer must not use or disclose any information obtained under this Division other than for the performance of its functions under this Di...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr128-</link><title>Financial Services and Markets Act 2022 - 128 Disclosure of valuation report</title><description>Disclosure of valuation report A valuer of a Division 11 FI under resolution may, with the Authority’s approval, disclose the whole or any part of the valuation report of the Divi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr129-</link><title>Financial Services and Markets Act 2022 - 129 Appeals</title><description>Appeals The Authority may appeal to the Court against a valuation report if the Authority is dissatisfied with — the valuer’s decision on any person’s eligibility for compensation...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=P18-P212-</link><title>Financial Services and Markets Act 2022 - Division 12 Miscellaneous</title><description>Miscellaneous</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr130-</link><title>Financial Services and Markets Act 2022 - 130 Notices to significant associated entities of specified financial institutions</title><description>Notices to significant associated entities of specified financial institutions The Authority may, if the Authority thinks it necessary or expedient in the public interest, in the ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr131-</link><title>Financial Services and Markets Act 2022 - 131 Modification of law of insolvency</title><description>Modification of law of insolvency Despite anything to the contrary in this Act, the Companies Act 1967 and the Insolvency, Restructuring and Dissolution Act 2018 — any sale, trans...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr132-</link><title>Financial Services and Markets Act 2022 - 132 Power to obtain information under this Part</title><description>Power to obtain information under this Part The Minister or the Authority may require a person to provide, within the period and in the manner specified by the Minister or the Aut...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr133-</link><title>Financial Services and Markets Act 2022 - 133 Immunity for officer of specified financial institution or significant associated entity</title><description>Immunity for officer of specified financial institution or significant associated entity No civil or criminal liability is incurred by an officer of a specified financial institut...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr134-</link><title>Financial Services and Markets Act 2022 - 134 Cessation of moratorium, etc., under this Part</title><description>Cessation of moratorium, etc., under this Part The Minister may, by order in the Gazette , direct that section 68(1) or (2), 76(13), 79(13) or 86, or any part of that provision, c...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr135-</link><title>Financial Services and Markets Act 2022 - 135 Regulations for this Part</title><description>Regulations for this Part The Minister may make such regulations as may be necessary or expedient for carrying out the purposes and provisions of this Part and for prescribing any...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr183-</link><title>Financial Services and Markets Act 2022 - 183 Recovery of fees, expenses, etc.</title><description>Recovery of fees, expenses, etc. The Authority may recover as a civil debt due to the Authority from the financial institution concerned — the amount of any fees payable to the Au...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr193-</link><title>Financial Services and Markets Act 2022 - 193 Amendment of Banking Act 1970</title><description>Amendment of Banking Act 1970 Subject to subsection (2), section 2(1) of the Banking Act 1970 is amended by deleting the definition of financial holding company and substituting t...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr194-</link><title>Financial Services and Markets Act 2022 - 194 Amendment of Companies Act 1967</title><description>Amendment of Companies Act 1967 Section 8G of the Companies Act 1967 is amended by deleting the words sections 27 and 28 of the Monetary Authority of Singapore Act 1970 and substi...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr198-</link><title>Financial Services and Markets Act 2022 - 198 Amendment of Deposit Insurance and Policy Owners’ Protection Schemes Act 2011</title><description>Amendment of Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 Section 2(1) of the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 is amended — by ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr199-</link><title>Financial Services and Markets Act 2022 - 199 Amendment of Finance Companies Act 1967</title><description>Amendment of Finance Companies Act 1967 Section 15(1) of the Finance Companies Act 1967 is amended by deleting the words Division 2, 3, 4 or 4A of Part 4B of the Monetary Authorit...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr203-</link><title>Financial Services and Markets Act 2022 - 203 Amendment of Insolvency, Restructuring and Dissolution Act 2018</title><description>Amendment of Insolvency, Restructuring and Dissolution Act 2018 Section 72U(3) of the Insolvency, Restructuring and Dissolution Act 2018 is amended — by inserting, immediately aft...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr204-</link><title>Financial Services and Markets Act 2022 - 204 Amendment of Insurance Act 1966</title><description>Amendment of Insurance Act 1966 Section 36 of the Insurance Act 1966 is amended — by deleting the words under section 74, or under section 68 of the Financial Advisers Act 2001 or...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr205-</link><title>Financial Services and Markets Act 2022 - 205 Amendment of Monetary Authority of Singapore Act 1970</title><description>Amendment of Monetary Authority of Singapore Act 1970 Section 23(7A) of the Monetary Authority of Singapore Act 1970 is amended — by deleting the words Part 4B and substituting th...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr209-</link><title>Financial Services and Markets Act 2022 - 209 Amendment of Securities and Futures Act 2001</title><description>Amendment of Securities and Futures Act 2001 Section 2(1) of the Securities and Futures Act 2001 is amended — by inserting, immediately after the definition of franchise , the fol...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr210-</link><title>Financial Services and Markets Act 2022 - 210 Amendment of Trust Companies Act 2005</title><description>Amendment of Trust Companies Act 2005 Section 10(2) of the Trust Companies Act 2005 is amended by deleting the words Division 2, 3, 4 or 4A of Part 4B of the Monetary Authority of...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr215-</link><title>Financial Services and Markets Act 2022 - 215 Saving and transitional provisions in relation to amendments to Banking Act 1970</title><description>Saving and transitional provisions in relation to amendments to Banking Act 1970 For the purposes of sections 20(1)(b ) and (7) and 55ZA(1)(b )(ii) and (7)(b ) of the Banking Act ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr216-</link><title>Financial Services and Markets Act 2022 - 216 Saving and transitional provisions in relation to amendments to Finance Companies Act 1967</title><description>Saving and transitional provisions in relation to amendments to Finance Companies Act 1967 For the purposes of section 15(1)(c )(ii) of the Finance Companies Act 1967, the exercis...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr219-</link><title>Financial Services and Markets Act 2022 - 219 Saving and transitional provisions in relation to amendments to Monetary Authority of Singapore Act 1970</title><description>Saving and transitional provisions in relation to amendments to Monetary Authority of Singapore Act 1970 So far as it is not inconsistent with the provisions of this Act — any req...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr220-</link><title>Financial Services and Markets Act 2022 - 220 Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001</title><description>Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001 For the purposes of sections 14(1)(e ), 46H(1)(da ), 56(1)(da ), 81Z(1)(da ), 95(2)...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr221-</link><title>Financial Services and Markets Act 2022 - 221 Saving and transitional provisions in relation to amendments to Trust Companies Act 2005</title><description>Saving and transitional provisions in relation to amendments to Trust Companies Act 2005 For the purposes of section 10(2)(e ) of the Trust Companies Act 2005, the exercise of any...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P13-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Appeals on prohibition orders and miscellaneous</title><description>Appeals on prohibition orders and miscellaneous</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr13-</link><title>Financial Services and Markets Act 2022 - 13 Appeals to Minister</title><description>Appeals to Minister Where an appeal is made to the Minister under this Part, the Minister may confirm, vary or reverse the decision of the Authority on appeal, or give such direct...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr14-</link><title>Financial Services and Markets Act 2022 - 14 Appeal Advisory Committees</title><description>Appeal Advisory Committees For the purpose of enabling Appeal Advisory Committees to be constituted under section 13, the Minister is to appoint a panel (called in this Part the A...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr196-</link><title>Financial Services and Markets Act 2022 - 196 Amendment of Credit Bureau Act 2016</title><description>Amendment of Credit Bureau Act 2016 Section 2 of the Credit Bureau Act 2016 is amended by deleting the words approved as a financial institution under section 28 of the Monetary A...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr200-</link><title>Financial Services and Markets Act 2022 - 200 Amendment of Financial Advisers Act 2001</title><description>Amendment of Financial Advisers Act 2001 Section 2(1) of the Financial Advisers Act 2001 is amended — by inserting, immediately after paragraph (b ) of the definition of prescribe...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr201-</link><title>Financial Services and Markets Act 2022 - 201 Amendment of Financial Holding Companies Act 2013</title><description>Amendment of Financial Holding Companies Act 2013 Section 53 of the Financial Holding Companies Act 2013 is amended by inserting, immediately after paragraph (c ) of the definitio...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr207-</link><title>Financial Services and Markets Act 2022 - 207 Amendment of Payment Services Act 2019</title><description>Amendment of Payment Services Act 2019 Section 2(1) of the Payment Services Act 2019 is amended by inserting, immediately after the definition of place of business , the following...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr212-</link><title>Financial Services and Markets Act 2022 - 212 Amendment of Variable Capital Companies Act 2018</title><description>Amendment of Variable Capital Companies Act 2018 Section 2(1) of the Variable Capital Companies Act 2018 is amended — by inserting, immediately after the definition of financial y...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr217-</link><title>Financial Services and Markets Act 2022 - 217 Saving and transitional provisions in relation to amendments to Financial Advisers Act 2001</title><description>Saving and transitional provisions in relation to amendments to Financial Advisers Act 2001 Any prohibition order made under section 68(1) of the Financial Advisers Act 2001 as in...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr218-</link><title>Financial Services and Markets Act 2022 - 218 Saving and transitional provisions in relation to amendments to Insurance Act 1966</title><description>Saving and transitional provisions in relation to amendments to Insurance Act 1966 Any order made under section 74(1) of the Insurance Act 1966 as in force immediately before the ...</description><pubDate>Fri, 28 Apr 2023 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=al-</link><title>Financial Services and Markets Act 2022 - Long Title</title><description>An Act to provide for a financial sector-wide regulation of financial services and markets, the exercise of control over and the resolution of financial institutions and their rel...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=aw-</link><title>Financial Services and Markets Act 2022 - Enacting Formula</title><description>Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows:</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P11-</link><title>Financial Services and Markets Act 2022 - Part 1 PRELIMINARY</title><description>PRELIMINARY</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr1-</link><title>Financial Services and Markets Act 2022 - 1 Short title and commencement</title><description>Short title and commencement This Act is the Financial Services and Markets Act 2022 and comes into operation on a date that the Minister appoints by notification in the Gazette ....</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr2-</link><title>Financial Services and Markets Act 2022 - 2 Interpretation</title><description>Interpretation In this Act, unless the context otherwise requires — Authority means the Monetary Authority of Singapore established by the Monetary Authority of Singapore Act 1970...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P12-</link><title>Financial Services and Markets Act 2022 - Part 2 GENERAL POWERS OVER FINANCIAL INSTITUTIONS</title><description>GENERAL POWERS OVER FINANCIAL INSTITUTIONS</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr3-</link><title>Financial Services and Markets Act 2022 - 3 Power to issue directions to financial institutions</title><description>Power to issue directions to financial institutions The Authority may, if the Authority thinks it necessary in the public interest, request information from and make recommendatio...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr4-</link><title>Financial Services and Markets Act 2022 - 4 Power to approve financial institutions and control their operations</title><description>Power to approve financial institutions and control their operations The Authority may require any relevant financial institution which operations are considered by the Authority ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr5-</link><title>Financial Services and Markets Act 2022 - 5 Fees</title><description>Fees Every financial institution approved by the Authority under section 4 may be required to pay such fees in respect of anything done under or by virtue of that section as the A...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P13-</link><title>Financial Services and Markets Act 2022 - Part 3 PROHIBITION ORDER</title><description>PROHIBITION ORDER</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P13-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions on prohibition order</title><description>General provisions on prohibition order</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr6-</link><title>Financial Services and Markets Act 2022 - 6 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — appointee , in relation to a financial institution, or any other person who carries on a business...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr7-</link><title>Financial Services and Markets Act 2022 - 7 Power of Authority to make prohibition orders</title><description>Power of Authority to make prohibition orders The Authority may, by written notice, make a prohibition order against any person, if the Authority is satisfied that the person is n...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr8-</link><title>Financial Services and Markets Act 2022 - 8 Effect of prohibition orders</title><description>Effect of prohibition orders A person against whom a prohibition order is made must comply with the prohibition order. Where a prohibition order is made against a person (A ), a f...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240401?ValidDate=20240401&amp;ProvIds=pr9-</link><title>Financial Services and Markets Act 2022 - 9 Variation or revocation of prohibition orders</title><description>Variation or revocation of prohibition orders The Authority may vary or revoke a prohibition order, by giving written notice to the person against whom the order was made, if the ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr10-</link><title>Financial Services and Markets Act 2022 - 10 Date and effect of prohibition orders</title><description>Date and effect of prohibition orders A prohibition order, or any variation or revocation of a prohibition order, takes effect on the date specified by the Authority in the order ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr11-</link><title>Financial Services and Markets Act 2022 - 11 Power of Authority to publish information</title><description>Power of Authority to publish information The Authority — must publish the making of a prohibition order under section 7, and the variation or revocation of a prohibition order un...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr12-</link><title>Financial Services and Markets Act 2022 - 12 Records of prohibition orders</title><description>Records of prohibition orders The Authority must keep, in such form as the Authority thinks fit, records on persons — against whom prohibition orders are made under section 7; and...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P13-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Appeals on prohibition orders and miscellaneous</title><description>Appeals on prohibition orders and miscellaneous</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr13-</link><title>Financial Services and Markets Act 2022 - 13 Appeals to Minister</title><description>Appeals to Minister Where an appeal is made to the Minister under this Part, the Minister may confirm, vary or reverse the decision of the Authority on appeal, or give such direct...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr14-</link><title>Financial Services and Markets Act 2022 - 14 Appeal Advisory Committees</title><description>Appeal Advisory Committees For the purpose of enabling Appeal Advisory Committees to be constituted under section 13, the Minister is to appoint a panel (called in this Part the A...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-</link><title>Financial Services and Markets Act 2022 - Part 4 POWERS REGARDING INTERNATIONAL OBLIGATIONS AND PREVENTION OF MONEY LAUNDERING AND TERRORISM FINANCING, AND ASSISTANCE TO FOREIGN AUTHORITIES AND DOMESTIC AUTHORITIES CONCERNING MONEY LAUNDERING, TERRORISM FINANCING AND OTHER OFFENCES</title><description>Part 4 POWERS REGARDING INTERNATIONAL OBLIGATIONS AND PREVENTION OF MONEY LAUNDERING AND TERRORISM FINANCING, AND ASSISTANCE TO FOREIGN AUTHORITIES AND DOMESTIC AUTHORITIES CONCERNING MONEY LAUNDERING, TERRORISM FINANCING AND OTHER OFFENCES</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 Power to issue directions or make regulations</title><description>Power to issue directions or make regulations</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr15-</link><title>Financial Services and Markets Act 2022 - 15 Directions or regulations to discharge Government’s international obligations</title><description>Directions or regulations to discharge Government’s international obligations The Authority may, from time to time — issue such directions to a financial institution or class of f...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr16-</link><title>Financial Services and Markets Act 2022 - 16 Requirements for prevention of money laundering and terrorism financing</title><description>Requirements for prevention of money laundering and terrorism financing The Authority may, from time to time, issue such directions, or make such regulations under section 192, co...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Assistance to foreign authorities and domestic authorities for their supervisory functions and other actions in respect of money laundering, terrorism financing and other offences</title><description>Assistance to foreign authorities and domestic authorities for their supervisory functions and other actions in respect of money laundering, terrorism financing and other offences...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-P22-P31-</link><title>Financial Services and Markets Act 2022 - Subdivision 1 General provisions</title><description>General provisions</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr17-</link><title>Financial Services and Markets Act 2022 - 17 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — agent means an insurance agent in respect of policies which relate to general business wi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr18-</link><title>Financial Services and Markets Act 2022 - 18 Purposes of this Division</title><description>Purposes of this Division The purposes of this Division are — to enable the Authority to provide information to an AML/CFT authority of a foreign country in connection with the AM...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-P22-P32-</link><title>Financial Services and Markets Act 2022 - Subdivision 2 Assistance to AML/CFT authorities</title><description>Assistance to AML/CFT authorities</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr19-</link><title>Financial Services and Markets Act 2022 - 19 Conditions for provision of assistance to AML/CFT authority</title><description>Conditions for provision of assistance to AML/CFT authority The Authority may, on the request of an AML/CFT authority of a foreign country, provide the assistance referred to in s...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr20-</link><title>Financial Services and Markets Act 2022 - 20 Assistance that may be rendered to AML/CFT authority</title><description>Assistance that may be rendered to AML/CFT authority Despite the provisions of any prescribed written law or any requirement imposed under any such written law, any rule of law, a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-P22-P33-</link><title>Financial Services and Markets Act 2022 - Subdivision 3 Assistance to domestic authorities</title><description>Assistance to domestic authorities</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr21-</link><title>Financial Services and Markets Act 2022 - 21 Conditions for provision of assistance to domestic authority</title><description>Conditions for provision of assistance to domestic authority The Authority may, on the request of a domestic authority, provide the assistance referred to in section 22 to the dom...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr22-</link><title>Financial Services and Markets Act 2022 - 22 Assistance that may be rendered to domestic authority</title><description>Assistance that may be rendered to domestic authority Despite the provisions of any prescribed written law or any requirement imposed under any such written law, any rule of law, ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-P22-P34-</link><title>Financial Services and Markets Act 2022 - Subdivision 4 Additional provisions for Subdivisions (2) and (3)</title><description>Additional provisions for Subdivisions (2) and (3)</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr23-</link><title>Financial Services and Markets Act 2022 - 23 Offences under this Division</title><description>Offences under this Division A person shall be guilty of an offence if the person — without reasonable excuse, refuses or fails to comply with an order made under section 20(2)(a ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr24-</link><title>Financial Services and Markets Act 2022 - 24 Immunities</title><description>Immunities No civil or criminal liability is incurred by any person for — providing to the Authority any information or copy of any information, if the person had provided the inf...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr25-</link><title>Financial Services and Markets Act 2022 - 25 Authority may provide assistance</title><description>Authority may provide assistance Despite the provisions of any prescribed written law or any requirement imposed under any such written law, any rule of law, any contract or any r...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-P22-P35-</link><title>Financial Services and Markets Act 2022 - Subdivision 5 Inspection by AML/CFT authority</title><description>Inspection by AML/CFT authority</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr26-</link><title>Financial Services and Markets Act 2022 - 26 Conditions for inspection by AML/CFT authority</title><description>Conditions for inspection by AML/CFT authority An AML/CFT authority may, with the prior written approval of the Authority and under conditions of secrecy, conduct an inspection in...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr27-</link><title>Financial Services and Markets Act 2022 - 27 Duty of financial institution under inspection</title><description>Duty of financial institution under inspection For the purposes of an inspection under section 26, and subject to subsection (2), the financial institution must — give the AML/CFT...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr28-</link><title>Financial Services and Markets Act 2022 - 28 Confidentiality of inspection reports</title><description>Confidentiality of inspection reports Except as provided in subsection (2), where a written report has been produced by an AML/CFT authority in respect of a financial institution ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P15-</link><title>Financial Services and Markets Act 2022 - Part 5 TECHNOLOGY RISK MANAGEMENT</title><description>TECHNOLOGY RISK MANAGEMENT</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr29-</link><title>Financial Services and Markets Act 2022 - 29 Power of Authority in relation to technology risk management</title><description>Power of Authority in relation to technology risk management The Authority may, from time to time, issue such directions, or make such regulations under section 192, concerning an...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P16-</link><title>Financial Services and Markets Act 2022 - Part 6 DISPUTE RESOLUTION SCHEMES</title><description>DISPUTE RESOLUTION SCHEMES</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr30-</link><title>Financial Services and Markets Act 2022 - 30 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — approved dispute resolution scheme means a dispute resolution scheme approved by the Authority un...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr31-</link><title>Financial Services and Markets Act 2022 - 31 Approval of dispute resolution schemes</title><description>Approval of dispute resolution schemes For the purposes of this Part, the Authority may approve any dispute resolution scheme for the resolution of disputes arising from or relati...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr32-</link><title>Financial Services and Markets Act 2022 - 32 Approval of chief executive officer and directors of dispute resolution scheme operator</title><description>Approval of chief executive officer and directors of dispute resolution scheme operator It is a condition of an approval for any dispute resolution scheme approved under section 3...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr33-</link><title>Financial Services and Markets Act 2022 - 33 Removal of chief executive officer or director of dispute resolution scheme operator</title><description>Removal of chief executive officer or director of dispute resolution scheme operator Despite the provisions of any other written law, where the Authority is satisfied that an indi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr34-</link><title>Financial Services and Markets Act 2022 - 34 Appeals to Minister</title><description>Appeals to Minister An operator, or a chief executive officer or director of an operator, who is aggrieved by a decision of the Authority under section 33(1) may, within 30 days a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr35-</link><title>Financial Services and Markets Act 2022 - 35 Approval of amendment to constitution of dispute resolution scheme operator</title><description>Approval of amendment to constitution of dispute resolution scheme operator It is a condition of an approval for any dispute resolution scheme approved under section 31(1) that th...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr36-</link><title>Financial Services and Markets Act 2022 - 36 Requirement for financial institution to be member of approved dispute resolution scheme</title><description>Requirement for financial institution to be member of approved dispute resolution scheme The Authority may, by regulations made under section 192, require a financial institution ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr37-</link><title>Financial Services and Markets Act 2022 - 37 Protection from personal liability</title><description>Protection from personal liability No liability shall lie against any mediator, adjudicator or employee of an operator of an approved dispute resolution scheme, for doing or omitt...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr38-</link><title>Financial Services and Markets Act 2022 - 38 Regulations for this Part</title><description>Regulations for this Part Regulations may be made under section 192 — to provide for the matters that the Authority may have regard to in determining whether to approve a dispute ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P17-</link><title>Financial Services and Markets Act 2022 - Part 7 CONTROL OVER FINANCIAL INSTITUTIONS</title><description>CONTROL OVER FINANCIAL INSTITUTIONS</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P17-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions</title><description>General provisions</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr39-</link><title>Financial Services and Markets Act 2022 - 39 Application and interpretation of this Part</title><description>Application and interpretation of this Part This Part applies to, and in relation to, every relevant financial institution. In this Part, unless the context otherwise requires — c...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr40-</link><title>Financial Services and Markets Act 2022 - 40 Information of insolvency, etc.</title><description>Information of insolvency, etc. Any relevant financial institution which is or is likely to become insolvent, which is or is likely to become unable to meet its obligations, or wh...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr41-</link><title>Financial Services and Markets Act 2022 - 41 Action by Authority if relevant financial institution unable to meet obligations, etc.</title><description>Action by Authority if relevant financial institution unable to meet obligations, etc. The Authority may exercise any one or more of the powers specified in subsection (2) as appe...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr42-</link><title>Financial Services and Markets Act 2022 - 42 Effect of assumption of control under section 41</title><description>Effect of assumption of control under section 41 Upon assuming control of the relevant business of a relevant financial institution, the Authority or statutory manager (as the cas...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr43-</link><title>Financial Services and Markets Act 2022 - 43 Duration of control</title><description>Duration of control The Authority must cease to control the relevant business of a relevant financial institution when the Authority is satisfied that — the reasons for the Author...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr44-</link><title>Financial Services and Markets Act 2022 - 44 Responsibilities of officers, member, etc., of relevant financial institution</title><description>Responsibilities of officers, member, etc., of relevant financial institution During the period when the Authority or statutory manager is in control of the relevant business of a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr45-</link><title>Financial Services and Markets Act 2022 - 45 Remuneration and expenses of Authority and others in certain cases</title><description>Remuneration and expenses of Authority and others in certain cases The Authority may at any time fix the remuneration and expenses to be paid by a relevant financial institution —...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr46-</link><title>Financial Services and Markets Act 2022 - 46 Voluntary transfer of business of relevant financial institution</title><description>Voluntary transfer of business of relevant financial institution A transferor may transfer the whole or any part of its business (including any business that is not the significan...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr47-</link><title>Financial Services and Markets Act 2022 - 47 Approval of transfer of business of relevant financial institution</title><description>Approval of transfer of business of relevant financial institution A transferor must apply to the Court for its approval of the transfer of the whole or any part of the business o...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr48-</link><title>Financial Services and Markets Act 2022 - 48 Disqualification or removal of director or executive officer of relevant financial institution</title><description>Disqualification or removal of director or executive officer of relevant financial institution Despite the provisions of any other written law — a relevant financial institution m...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr49-</link><title>Financial Services and Markets Act 2022 - 49 Provisions as to compromise or arrangement relating to certain financial institutions, etc.</title><description>Provisions as to compromise or arrangement relating to certain financial institutions, etc. This section applies despite any other written law. In any proceedings under section 21...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr50-</link><title>Financial Services and Markets Act 2022 - 50 Regulations for this Part</title><description>Regulations for this Part Regulations made under section 192 for this Part may prescribe — that any contravention of a provision of the regulations shall be an offence punishable ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P17-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Recovery and resolution planning</title><description>Recovery and resolution planning</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr51-</link><title>Financial Services and Markets Act 2022 - 51 Notice concerning recovery and resolution plans</title><description>Notice concerning recovery and resolution plans The Authority may issue a notice to pertinent financial institutions requiring each pertinent financial institution to which a dire...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr52-</link><title>Financial Services and Markets Act 2022 - 52 Direction for recovery plan and its implementation</title><description>Direction for recovery plan and its implementation The Authority may issue a direction to a pertinent financial institution — requiring the pertinent financial institution to comp...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr53-</link><title>Financial Services and Markets Act 2022 - 53 Resolution planning</title><description>Resolution planning The Authority may prepare plans for the orderly resolution of a pertinent financial institution, and may for that purpose issue a direction to the pertinent fi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr54-</link><title>Financial Services and Markets Act 2022 - 54 Power to direct removal of impediments</title><description>Power to direct removal of impediments This section applies if the Authority is of the opinion that an impediment exists to the orderly resolution of a pertinent financial institu...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr55-</link><title>Financial Services and Markets Act 2022 - 55 Appeal against direction to remove impediment</title><description>Appeal against direction to remove impediment A pertinent financial institution that is aggrieved by a direction issued to it under section 52(2)(b ) or 54(2) may, within 30 days ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr56-</link><title>Financial Services and Markets Act 2022 - 56 Provisions concerning directions and notices under this Division</title><description>Provisions concerning directions and notices under this Division A direction or notice under this Division must be in writing. It is not necessary to publish a direction or notice...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr57-</link><title>Financial Services and Markets Act 2022 - 57 Offences under this Division</title><description>Offences under this Division A pertinent financial institution that does not comply with a direction or notice of the Authority under this Division shall be guilty of an offence a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-</link><title>Financial Services and Markets Act 2022 - Part 8 RESOLUTION OF FINANCIAL INSTITUTIONS</title><description>RESOLUTION OF FINANCIAL INSTITUTIONS</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions</title><description>General provisions</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr58-</link><title>Financial Services and Markets Act 2022 - 58 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — affected person , in relation to a specified financial institution, means any person prescribed b...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr59-</link><title>Financial Services and Markets Act 2022 - 59 Exercise of powers under Divisions 2, 4, 5 and 6 of this Part</title><description>Exercise of powers under Divisions 2, 4, 5 and 6 of this Part In determining whether to exercise its powers under Divisions 2, 4, 5 and 6 of this Part in relation to a pertinent f...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr60-</link><title>Financial Services and Markets Act 2022 - 60 Directions or regulations concerning persons that have ceased to be specified financial institutions</title><description>Directions or regulations concerning persons that have ceased to be specified financial institutions The Authority may, from time to time, issue such directions, or make such regu...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr61-</link><title>Financial Services and Markets Act 2022 - 61 Directions and notices issued under this Act or other MAS scheduled Act to continue to apply to persons who cease to be specified financial institutions</title><description>Directions and notices issued under this Act or other MAS scheduled Act to continue to apply to persons who cease to be specified financial institutions Where a person ceases to b...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr62-</link><title>Financial Services and Markets Act 2022 - 62 Moratorium</title><description>Moratorium The Authority may, if the Authority considers it to be in the interests of the affected persons of a specified financial institution, make an order prohibiting that spe...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr63-</link><title>Financial Services and Markets Act 2022 - 63 General provisions as to winding up</title><description>General provisions as to winding up On the application of the Authority, the Court may, in addition to the grounds specified in section 125(1) of the Insolvency, Restructuring and...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr64-</link><title>Financial Services and Markets Act 2022 - 64 Power of Court to take action against directors and executive officers</title><description>Power of Court to take action against directors and executive officers Without affecting any provision of this Act or any other MAS scheduled Act, if, in the course of exercising ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Compulsory transfer of business of pertinent financial institution</title><description>Compulsory transfer of business of pertinent financial institution</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr65-</link><title>Financial Services and Markets Act 2022 - 65 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr66-</link><title>Financial Services and Markets Act 2022 - 66 Compulsory transfer of business</title><description>Compulsory transfer of business Subject to subsections (2), (3) and (7), the Authority may make a determination that the whole or any part of the business of a transferor must be ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr67-</link><title>Financial Services and Markets Act 2022 - 67 Certificate of transfer</title><description>Certificate of transfer If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of transfer, which comes into effect on the date s...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr68-</link><title>Financial Services and Markets Act 2022 - 68 Moratorium, avoidance of disposition of property, etc.</title><description>Moratorium, avoidance of disposition of property, etc. Despite section 62(2) but subject to section 134, no resolution may be passed, and no order may be made, for the winding up ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P23-</link><title>Financial Services and Markets Act 2022 - Division 3 Reverse transfer of business and onward transfer of business</title><description>Reverse transfer of business and onward transfer of business</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr69-</link><title>Financial Services and Markets Act 2022 - 69 Interpretation of this Division</title><description>Interpretation of this Division In this Division — 2nd transferee means the person to which the whole or part of a transferor’s business that was transferred to a transferee by a ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr70-</link><title>Financial Services and Markets Act 2022 - 70 Reverse transfer of business</title><description>Reverse transfer of business Subject to this section, the Authority may, at any time after the transfer of any business under a certificate of transfer, make a determination that ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr71-</link><title>Financial Services and Markets Act 2022 - 71 Reverse transfer certificate</title><description>Reverse transfer certificate If the Minister approves a determination under section 70, the Minister must, as soon as practicable, issue a certificate (called in this section the ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr72-</link><title>Financial Services and Markets Act 2022 - 72 Onward transfer of business</title><description>Onward transfer of business Subject to this section, the Authority may, at any time after the transfer of any business under a certificate of transfer, make a determination that t...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr73-</link><title>Financial Services and Markets Act 2022 - 73 Onward transfer certificate</title><description>Onward transfer certificate If the Minister approves a determination under section 72, the Minister must, as soon as practicable, issue a certificate (called in this section the o...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P24-</link><title>Financial Services and Markets Act 2022 - Division 4 Compulsory transfer of shares of pertinent financial institution</title><description>Compulsory transfer of shares of pertinent financial institution</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr74-</link><title>Financial Services and Markets Act 2022 - 74 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr75-</link><title>Financial Services and Markets Act 2022 - 75 Compulsory transfer of shares</title><description>Compulsory transfer of shares The Authority may make a determination that all or any of the shares held by a transferor in a pertinent financial institution incorporated in Singap...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr76-</link><title>Financial Services and Markets Act 2022 - 76 Certificate of transfer</title><description>Certificate of transfer If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of transfer, which comes into effect on the date s...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P25-</link><title>Financial Services and Markets Act 2022 - Division 5 Compulsory restructuring of share capital of pertinent financial institution</title><description>Compulsory restructuring of share capital of pertinent financial institution</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr77-</link><title>Financial Services and Markets Act 2022 - 77 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr78-</link><title>Financial Services and Markets Act 2022 - 78 Compulsory restructuring of share capital</title><description>Compulsory restructuring of share capital The Authority may make a determination that the share capital of a pertinent financial institution incorporated in Singapore be reduced b...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr79-</link><title>Financial Services and Markets Act 2022 - 79 Certificate of restructuring of share capital</title><description>Certificate of restructuring of share capital If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of restructuring of share ca...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P26-</link><title>Financial Services and Markets Act 2022 - Division 6 Bail-in powers</title><description>Bail-in powers</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr80-</link><title>Financial Services and Markets Act 2022 - 80 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — appointed date , in relation to a bail‑in certificate, means the date appointed for the b...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr81-</link><title>Financial Services and Markets Act 2022 - 81 Exercise of powers under this Division</title><description>Exercise of powers under this Division In exercising any power under this Division, the Authority must have regard to the desirability of giving each pre‑resolution creditor or pr...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr82-</link><title>Financial Services and Markets Act 2022 - 82 Determination by Authority</title><description>Determination by Authority Subject to subsection (2), the Authority may make one or more of the following determinations concerning one or more eligible instruments issued by a Di...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr83-</link><title>Financial Services and Markets Act 2022 - 83 Approval by Minister of determination</title><description>Approval by Minister of determination Before approving a determination of the Authority, the Minister must, unless the Minister decides that it is not practicable or desirable to ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr84-</link><title>Financial Services and Markets Act 2022 - 84 Bail-in certificate</title><description>Bail-in certificate If the Minister approves a determination, the Minister must, as soon as practicable, issue a bail‑in certificate. The bail-in certificate comes into effect on ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr85-</link><title>Financial Services and Markets Act 2022 - 85 Effects of bail-in certificate</title><description>Effects of bail-in certificate A provision in a bail-in certificate has effect despite any restriction arising by reason of contract, any written law or rule of law in force befor...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr86-</link><title>Financial Services and Markets Act 2022 - 86 Moratorium</title><description>Moratorium Despite section 62(2) but subject to section 134, during the period beginning on the date of publication of the notice in section 83(1)(a ) in the Gazette or (where the...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr87-</link><title>Financial Services and Markets Act 2022 - 87 Significant shareholder by reason of bail-in certificate</title><description>Significant shareholder by reason of bail-in certificate Where any person becomes a significant shareholder of a Division 6 FI or resulting FI as a result of a provision of a bail...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr88-</link><title>Financial Services and Markets Act 2022 - 88 Directions for disposal</title><description>Directions for disposal If the Minister is satisfied that any person has failed to comply with a condition imposed on the person in section 87(2) or (3), or if the Minister has se...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr89-</link><title>Financial Services and Markets Act 2022 - 89 Offence</title><description>Offence A person that fails to comply with a condition imposed on the person in section 87(2) or (3), or a notice served on the person in section 87(5) or 88(1), shall be guilty o...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr90-</link><title>Financial Services and Markets Act 2022 - 90 Restriction on eligible instruments</title><description>Restriction on eligible instruments To ensure the effective operation of the provisions of this Division on an eligible instrument, regulations made under section 135 may impose a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P27-</link><title>Financial Services and Markets Act 2022 - Division 7 Termination rights</title><description>Termination rights</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr91-</link><title>Financial Services and Markets Act 2022 - 91 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — approved clearing house has the meaning given by section 2(1) of the Securities and Futur...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr92-</link><title>Financial Services and Markets Act 2022 - 92 Effect of resolution measure on contracts where substantive obligations continue to be performed</title><description>Effect of resolution measure on contracts where substantive obligations continue to be performed This section applies to a contract that satisfies both of the following: one of th...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr93-</link><title>Financial Services and Markets Act 2022 - 93 Right to temporarily suspend termination right for contracts because of resolution measure</title><description>Right to temporarily suspend termination right for contracts because of resolution measure This section applies to a contract one of the parties to which is — a pertinent financia...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr94-</link><title>Financial Services and Markets Act 2022 - 94 When suspension takes effect</title><description>When suspension takes effect A suspension by a notice under section 93 takes effect from (and including) the time of publication of the notice under that section in the Gazette or...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P28-</link><title>Financial Services and Markets Act 2022 - Division 8 Assistance to foreign resolution authorities and domestic authorities</title><description>Assistance to foreign resolution authorities and domestic authorities</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr95-</link><title>Financial Services and Markets Act 2022 - 95 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — domestic authority  — means any ministry or department of the Government, any Organ of St...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr96-</link><title>Financial Services and Markets Act 2022 - 96 Conditions for provision of assistance to foreign resolution authority</title><description>Conditions for provision of assistance to foreign resolution authority The Authority may provide the assistance referred to in section 98 to a foreign resolution authority, if the...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr97-</link><title>Financial Services and Markets Act 2022 - 97 Other factors to consider for provision of assistance to foreign resolution authority</title><description>Other factors to consider for provision of assistance to foreign resolution authority In deciding whether to grant a request for assistance referred to in section 98 from a foreig...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr98-</link><title>Financial Services and Markets Act 2022 - 98 Assistance that may be rendered to foreign resolution authority</title><description>Assistance that may be rendered to foreign resolution authority Despite the provisions of any prescribed written law or any requirement imposed thereunder or any rule of law, the ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr99-</link><title>Financial Services and Markets Act 2022 - 99 Assistance to domestic authority</title><description>Assistance to domestic authority Despite any obligation as to secrecy or other restriction upon the disclosure of information imposed by any prescribed written law or any requirem...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr100-</link><title>Financial Services and Markets Act 2022 - 100 Offences under this Division</title><description>Offences under this Division Any person who — without reasonable excuse, refuses or fails to comply with an order under section 98(1)(b ) or (c ); in purported compliance with an ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr101-</link><title>Financial Services and Markets Act 2022 - 101 Immunity for providing material, etc.</title><description>Immunity for providing material, etc. No liability, other than for an offence under section 100, shall lie against any person for — providing to the Authority any material or copy...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P29-</link><title>Financial Services and Markets Act 2022 - Division 9 Recognition of foreign resolutions</title><description>Recognition of foreign resolutions</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr102-</link><title>Financial Services and Markets Act 2022 - 102 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — determination means a determination made under section 103; foreign financial institution...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr103-</link><title>Financial Services and Markets Act 2022 - 103 Determination over foreign resolution</title><description>Determination over foreign resolution This section applies where a foreign resolution authority of a foreign country or territory makes a request to the Authority to recognise a f...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr104-</link><title>Financial Services and Markets Act 2022 - 104 Order to give effect to foreign resolution</title><description>Order to give effect to foreign resolution If the Minister approves a determination that a foreign resolution should be recognised in whole or in part, the Minister must, as soon ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr105-</link><title>Financial Services and Markets Act 2022 - 105 Directions</title><description>Directions The Authority may, from time to time, issue such directions to any person that is approved, authorised, designated, recognised, registered, licensed or otherwise regula...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr106-</link><title>Financial Services and Markets Act 2022 - 106 Offence</title><description>Offence A person that refuses or fails to comply with a provision of the order under section 104 that applies to the person, or a direction issued to the person under section 105,...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P210-</link><title>Financial Services and Markets Act 2022 - Division 10 Resolution funding</title><description>Resolution funding</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr107-</link><title>Financial Services and Markets Act 2022 - 107 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — Agency means the company designated by the Minister under section 56 of the Deposit Insur...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr108-</link><title>Financial Services and Markets Act 2022 - 108 Establishment of resolution fund</title><description>Establishment of resolution fund For the purposes of supporting a resolution measure undertaken for a financial institution and other matters relating to the measure, the Minister...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr109-</link><title>Financial Services and Markets Act 2022 - 109 Trustee of resolution fund</title><description>Trustee of resolution fund The duty of the trustee of a resolution fund is to administer and manage the resolution fund, and in particular — to make withdrawals from the resolutio...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr110-</link><title>Financial Services and Markets Act 2022 - 110 Withdrawal from resolution fund</title><description>Withdrawal from resolution fund The trustee of a resolution fund must, at the Minister’s direction, make one or more withdrawals from the resolution fund and apply the moneys with...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr111-</link><title>Financial Services and Markets Act 2022 - 111 Recovery of sums withdrawn</title><description>Recovery of sums withdrawn Where one or more withdrawals have been made from a resolution fund under section 110, the Minister may direct the trustee of the resolution fund to rec...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr112-</link><title>Financial Services and Markets Act 2022 - 112 Claim from financial institution under resolution</title><description>Claim from financial institution under resolution Where a direction has been given under section 111(1)(a ), the trustee of the resolution fund must make a claim mentioned in that...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr113-</link><title>Financial Services and Markets Act 2022 - 113 Computation and notice of levy</title><description>Computation and notice of levy After the Minister has given a direction under section 111(1)(b ) or (2), the Authority must, in accordance with the regulations made under section ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr114-</link><title>Financial Services and Markets Act 2022 - 114 Payment of levy by similar financial institutions, participants of market infrastructure on lump sum basis, or participants of payment system operated by payment system operator</title><description>Payment of levy by similar financial institutions, participants of market infrastructure on lump sum basis, or participants of payment system operated by payment system operator T...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr115-</link><title>Financial Services and Markets Act 2022 - 115 Payment of levy by participants of market infrastructure on transaction basis</title><description>Payment of levy by participants of market infrastructure on transaction basis This section applies where a notice under section 113(4) is given to a market infrastructure. The mar...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr116-</link><title>Financial Services and Markets Act 2022 - 116 Recovery, refund and remission of levies and late payment fees, etc.</title><description>Recovery, refund and remission of levies and late payment fees, etc. The levy imposed on a person under section 113(3), (5) or (6), and any late payment fee imposed on the person ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr117-</link><title>Financial Services and Markets Act 2022 - 117 Disclosure of information on levy</title><description>Disclosure of information on levy This section applies to a notice given under section 113(3), (5) or (6) to a levy payer that is a similar financial institution, or a participant...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr118-</link><title>Financial Services and Markets Act 2022 - 118 Use of resolution fund to pay loan, etc., and balance in resolution fund</title><description>Use of resolution fund to pay loan, etc., and balance in resolution fund The Minister may, from time to time, direct the trustee of a resolution fund to make a withdrawal from the...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr119-</link><title>Financial Services and Markets Act 2022 - 119 Priority of debt of financial institution to trustee</title><description>Priority of debt of financial institution to trustee Despite any written law or rule of law relating to the winding up of companies, in the event of a winding up of a financial in...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr120-</link><title>Financial Services and Markets Act 2022 - 120 Regulations for this Division</title><description>Regulations for this Division Regulations may be made under section 135 for the purposes of this Division. Without limiting subsection (1), regulations may be made in relation to ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P211-</link><title>Financial Services and Markets Act 2022 - Division 11 Compensation</title><description>Compensation</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr121-</link><title>Financial Services and Markets Act 2022 - 121 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — 2nd transferee has the meaning given by section 69; Division 11 FI or Division 11 financi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr122-</link><title>Financial Services and Markets Act 2022 - 122 Meaning of "worse off as a result of the resolution"</title><description>Meaning of worse off as a result of the resolution In this Division, a pre‑resolution creditor or pre‑resolution shareholder of a Division 11 FI under resolution is worse off as a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr123-</link><title>Financial Services and Markets Act 2022 - 123 Eligibility for compensation</title><description>Eligibility for compensation A pre-resolution creditor or pre‑resolution shareholder of a Division 11 FI under resolution that is worse off as a result of the resolution, is eligi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr124-</link><title>Financial Services and Markets Act 2022 - 124 Appointment of valuer</title><description>Appointment of valuer The Minister must, as soon as practicable, after the resolution date of a Division 11 FI under resolution, appoint a valuer for the Division 11 FI. The role ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr125-</link><title>Financial Services and Markets Act 2022 - 125 Valuation</title><description>Valuation A valuer for a Division 11 FI under resolution must conduct the valuation of the Division 11 FI in accordance with the valuation principles that are prescribed by regula...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr126-</link><title>Financial Services and Markets Act 2022 - 126 Access to information by valuer</title><description>Access to information by valuer A Division 11 FI under resolution for which a valuer is appointed must — give the valuer access to such of its records and documents as the valuer ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr127-</link><title>Financial Services and Markets Act 2022 - 127 Confidentiality and use of information</title><description>Confidentiality and use of information A valuer must not use or disclose any information obtained under this Division other than for the performance of its functions under this Di...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr128-</link><title>Financial Services and Markets Act 2022 - 128 Disclosure of valuation report</title><description>Disclosure of valuation report A valuer of a Division 11 FI under resolution may, with the Authority’s approval, disclose the whole or any part of the valuation report of the Divi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr129-</link><title>Financial Services and Markets Act 2022 - 129 Appeals</title><description>Appeals The Authority may appeal to the Court against a valuation report if the Authority is dissatisfied with — the valuer’s decision on any person’s eligibility for compensation...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P212-</link><title>Financial Services and Markets Act 2022 - Division 12 Miscellaneous</title><description>Miscellaneous</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr130-</link><title>Financial Services and Markets Act 2022 - 130 Notices to significant associated entities of specified financial institutions</title><description>Notices to significant associated entities of specified financial institutions The Authority may, if the Authority thinks it necessary or expedient in the public interest, in the ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr131-</link><title>Financial Services and Markets Act 2022 - 131 Modification of law of insolvency</title><description>Modification of law of insolvency Despite anything to the contrary in this Act, the Companies Act 1967 and the Insolvency, Restructuring and Dissolution Act 2018 — any sale, trans...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr132-</link><title>Financial Services and Markets Act 2022 - 132 Power to obtain information under this Part</title><description>Power to obtain information under this Part The Minister or the Authority may require a person to provide, within the period and in the manner specified by the Minister or the Aut...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr133-</link><title>Financial Services and Markets Act 2022 - 133 Immunity for officer of specified financial institution or significant associated entity</title><description>Immunity for officer of specified financial institution or significant associated entity No civil or criminal liability is incurred by an officer of a specified financial institut...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr134-</link><title>Financial Services and Markets Act 2022 - 134 Cessation of moratorium, etc., under this Part</title><description>Cessation of moratorium, etc., under this Part The Minister may, by order in the Gazette , direct that section 68(1) or (2), 76(13), 79(13) or 86, or any part of that provision, c...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr135-</link><title>Financial Services and Markets Act 2022 - 135 Regulations for this Part</title><description>Regulations for this Part The Minister may make such regulations as may be necessary or expedient for carrying out the purposes and provisions of this Part and for prescribing any...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-</link><title>Financial Services and Markets Act 2022 - Part 9 DIGITAL TOKEN SERVICE PROVIDERS</title><description>DIGITAL TOKEN SERVICE PROVIDERS</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 Preliminary</title><description>Preliminary</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr136-</link><title>Financial Services and Markets Act 2022 - 136 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — 5% controller , in relation to a corporation (being a licensee), means a person that alone or tog...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Licensing of digital token service providers</title><description>Licensing of digital token service providers</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P22-P31-</link><title>Financial Services and Markets Act 2022 - Subdivision 1 Licensing of digital token service providers</title><description>Licensing of digital token service providers</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr137-</link><title>Financial Services and Markets Act 2022 - 137 Licensing of digital token service providers</title><description>Licensing of digital token service providers Except as provided for in subsection (5), an individual or a partnership must not from a place of business in Singapore carry on a bus...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr138-</link><title>Financial Services and Markets Act 2022 - 138 Application for licence</title><description>Application for licence An application for a licence must be made to the Authority in the form and manner required by the Authority. Upon receiving an application under subsection...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr139-</link><title>Financial Services and Markets Act 2022 - 139 Holding out as licensee</title><description>Holding out as licensee A person must not hold himself, herself or itself out as a licensee, unless the person has in force a licence. An individual or a partnership must not hold...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr140-</link><title>Financial Services and Markets Act 2022 - 140 Annual fees of licensees</title><description>Annual fees of licensees A licensee must pay to the Authority a prescribed annual fee in such manner as the Authority may specify by written notice. The Authority may, where the A...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr141-</link><title>Financial Services and Markets Act 2022 - 141 Lapsing, surrender, revocation or suspension of licence</title><description>Lapsing, surrender, revocation or suspension of licence A licence lapses — in the case of a licensee that is an entity, if the licensee is wound up or otherwise dissolved, whether...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr142-</link><title>Financial Services and Markets Act 2022 - 142 Appeals to Minister</title><description>Appeals to Minister Any person that is aggrieved — by the refusal of the Authority to grant a licence to the person; or by the revocation or suspension of the person’s licence by ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P22-P32-</link><title>Financial Services and Markets Act 2022 - Subdivision 2 Conduct of business</title><description>Conduct of business</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr143-</link><title>Financial Services and Markets Act 2022 - 143 Place of business of licensee</title><description>Place of business of licensee A licensee must not carry on a business of providing any type of digital token service unless the licensee has a permanent place of business. A licen...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr144-</link><title>Financial Services and Markets Act 2022 - 144 Obligation of licensee to notify Authority of certain events</title><description>Obligation of licensee to notify Authority of certain events A licensee must notify the Authority of the occurrence of any of the following events as soon as practicable after tha...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr145-</link><title>Financial Services and Markets Act 2022 - 145 Obligation of licensee to provide information to Authority</title><description>Obligation of licensee to provide information to Authority Subject to subsection (4), the Authority may, by written notice, require any licensee, or any person acting on behalf of...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr146-</link><title>Financial Services and Markets Act 2022 - 146 Obligation of licensee to submit periodic reports</title><description>Obligation of licensee to submit periodic reports A licensee must submit to the Authority such reports or returns relating to the licensee’s business in such form, manner and freq...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr147-</link><title>Financial Services and Markets Act 2022 - 147 Prohibition from carrying on certain businesses</title><description>Prohibition from carrying on certain businesses A licensee must not carry on a business of granting any credit facility to any individual in Singapore. A licensee that contravenes...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P22-P33-</link><title>Financial Services and Markets Act 2022 - Subdivision 3 Control of controllers of licensees</title><description>Control of controllers of licensees</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr148-</link><title>Financial Services and Markets Act 2022 - 148 Application and interpretation of this Subdivision</title><description>Application and interpretation of this Subdivision This Subdivision applies to — every individual, whether or not resident in Singapore and whether or not a citizen of Singapore; ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr149-</link><title>Financial Services and Markets Act 2022 - 149 Control of shareholding in licensee</title><description>Control of shareholding in licensee A person must not become a 20% controller of a licensee without first applying for and obtaining the approval of the Authority under subsection...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr150-</link><title>Financial Services and Markets Act 2022 - 150 Objection to existing control of licensee</title><description>Objection to existing control of licensee The Authority may serve a written notice of objection on any person that is, or is required to obtain or has obtained the Authority’s app...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr151-</link><title>Financial Services and Markets Act 2022 - 151 Power of Authority to issue directions for this Subdivision</title><description>Power of Authority to issue directions for this Subdivision If the Authority is satisfied that a person has contravened section 149(1) or has failed to comply with any condition i...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr152-</link><title>Financial Services and Markets Act 2022 - 152 Power of Authority to obtain information relating to this Subdivision</title><description>Power of Authority to obtain information relating to this Subdivision The Authority may, by written notice, direct a licensee to obtain from any of its shareholders, and to provid...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr153-</link><title>Financial Services and Markets Act 2022 - 153 Offences, penalties and defences</title><description>Offences, penalties and defences A person that — contravenes section 149(1) or 150(5) or does any act in contravention of section 151(2); fails to comply with — any written notice...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr154-</link><title>Financial Services and Markets Act 2022 - 154 Appeals to Minister</title><description>Appeals to Minister Any person that is aggrieved by a decision of the Authority under section 149, 150 or 151 may, within 30 days after receiving the decision of the Authority, ap...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P22-P34-</link><title>Financial Services and Markets Act 2022 - Subdivision 4 Control of officers of licensees</title><description>Control of officers of licensees</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr155-</link><title>Financial Services and Markets Act 2022 - 155 Approval of chief executive officer, director, partner or manager of licensee</title><description>Approval of chief executive officer, director, partner or manager of licensee Subject to subsections (4) and (5) — an individual may not be appointed as a chief executive officer ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr156-</link><title>Financial Services and Markets Act 2022 - 156 Removal of chief executive officer, director, partner or manager</title><description>Removal of chief executive officer, director, partner or manager Despite the provisions of any other written law, where the Authority is satisfied that an individual who is a chie...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr157-</link><title>Financial Services and Markets Act 2022 - 157 Appeals to Minister</title><description>Appeals to Minister A licensee that is aggrieved by a decision of the Authority under section 155(3)(b ) may, within 30 days after receiving the decision of the Authority, appeal ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P22-P35-</link><title>Financial Services and Markets Act 2022 - Subdivision 5 Audit of licensees</title><description>Audit of licensees</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr158-</link><title>Financial Services and Markets Act 2022 - 158 Auditing</title><description>Auditing Despite the provisions of the Companies Act 1967, a licensee — must, on an annual basis and at its own expense, appoint an auditor; and if for any reason its auditor ceas...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr159-</link><title>Financial Services and Markets Act 2022 - 159 Powers of auditor appointed by Authority</title><description>Powers of auditor appointed by Authority An auditor appointed by the Authority under section 158(2) may, for the purpose of carrying out an examination or audit — examine, on oath...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr160-</link><title>Financial Services and Markets Act 2022 - 160 Restriction on auditor’s and employee’s right to communicate certain matters</title><description>Restriction on auditor’s and employee’s right to communicate certain matters Except as may be necessary for the carrying into effect of the provisions of this Part or so far as ma...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr161-</link><title>Financial Services and Markets Act 2022 - 161 Offence to destroy, conceal, alter, etc., records</title><description>Offence to destroy, conceal, alter, etc., records An individual who, with intent to prevent, delay or obstruct the carrying out of any examination or audit under section 158 or 15...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P23-</link><title>Financial Services and Markets Act 2022 - Division 3 Offences</title><description>Offences</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr162-</link><title>Financial Services and Markets Act 2022 - 162 Falsification of records by officers, etc.</title><description>Falsification of records by officers, etc. An officer, auditor, employee or agent of a licensee who — wilfully makes, or causes to be made, a false entry in any book, or in any re...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr163-</link><title>Financial Services and Markets Act 2022 - 163 General penalty</title><description>General penalty A person guilty of an offence under this Part for which no penalty is expressly provided shall be liable on conviction — in the case of an individual, to a fine no...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P24-</link><title>Financial Services and Markets Act 2022 - Division 4 Miscellaneous</title><description>Miscellaneous</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr164-</link><title>Financial Services and Markets Act 2022 - 164 Power of court to make certain orders</title><description>Power of court to make certain orders Where, on an application of the Authority, it appears to the court that a person — has committed an offence under this Part; or is about to d...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr165-</link><title>Financial Services and Markets Act 2022 - 165 Codes, guidelines, etc., by Authority</title><description>Codes, guidelines, etc., by Authority The Authority may issue and publish by notification in the Gazette or in any other manner the Authority considers appropriate, such codes, gu...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr166-</link><title>Financial Services and Markets Act 2022 - 166 Power of Authority to issue written notice</title><description>Power of Authority to issue written notice The Authority may, if the Authority thinks it necessary or expedient for the effective administration of this Part, for the protection o...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr167-</link><title>Financial Services and Markets Act 2022 - 167 Power of Authority to make regulations</title><description>Power of Authority to make regulations Regulations may be made under section 192 for or with respect to — the fees to be paid in respect of any matter or thing required for the pu...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P110-</link><title>Financial Services and Markets Act 2022 - Part 10 INSPECTION POWERS OF AUTHORITY</title><description>INSPECTION POWERS OF AUTHORITY</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr168-</link><title>Financial Services and Markets Act 2022 - 168 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — book has the meaning given by section 17; licensee has the meaning given by section 136(1); relev...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr169-</link><title>Financial Services and Markets Act 2022 - 169 Inspection by Authority</title><description>Inspection by Authority The Authority may from time to time inspect, under conditions of secrecy, the books of any of the following persons: a financial institution, for the purpo...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr170-</link><title>Financial Services and Markets Act 2022 - 170 Obligation of relevant person under inspection, etc.</title><description>Obligation of relevant person under inspection, etc. For the purposes of an inspection under section 169(1), a relevant person must — give the Authority access to such of the book...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr171-</link><title>Financial Services and Markets Act 2022 - 171 Confidentiality of inspection reports</title><description>Confidentiality of inspection reports Except as provided in subsection (2), where a written report has been produced in respect of a relevant person by the Authority following an ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr172-</link><title>Financial Services and Markets Act 2022 - 172 Authority may transmit information from inspection to corresponding authority</title><description>Authority may transmit information from inspection to corresponding authority The Authority or any person authorised by the Authority may, on the Authority’s own motion, and subje...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr173-</link><title>Financial Services and Markets Act 2022 - 173 Self-incrimination</title><description>Self-incrimination A person is not excused from disclosing information to the Authority pursuant to a requirement made of the person under this Part on the grounds that the disclo...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P111-</link><title>Financial Services and Markets Act 2022 - Part 11 OFFENCES</title><description>OFFENCES</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr174-</link><title>Financial Services and Markets Act 2022 - 174 Offences by corporations</title><description>Offences by corporations Where, in a proceeding for an offence under this Act, it is necessary to prove the state of mind of a corporation in relation to a particular conduct, evi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr175-</link><title>Financial Services and Markets Act 2022 - 175 Offences by unincorporated associations or partnerships</title><description>Offences by unincorporated associations or partnerships Where, in a proceeding for an offence under this Act, it is necessary to prove the state of mind of an unincorporated assoc...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr176-</link><title>Financial Services and Markets Act 2022 - 176 General duty to use reasonable care not to provide false information to Authority</title><description>General duty to use reasonable care not to provide false information to Authority A person who provides the Authority with any information — under or for the purposes of any provi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr177-</link><title>Financial Services and Markets Act 2022 - 177 Composition of offences</title><description>Composition of offences The Authority may compound any offence under this Act that is prescribed as a compoundable offence by collecting from a person reasonably suspected of havi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P112-</link><title>Financial Services and Markets Act 2022 - Part 12 MISCELLANEOUS</title><description>MISCELLANEOUS</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr178-</link><title>Financial Services and Markets Act 2022 - 178 Agents</title><description>Agents In the exercise of its powers and the performance of its functions under this Act, the Authority may — establish agencies at such places outside Singapore as the Authority ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr179-</link><title>Financial Services and Markets Act 2022 - 179 Appointment of assistants</title><description>Appointment of assistants Subject to subsection (2), the Authority may appoint any person to exercise any of the Authority’s powers or perform any of the Authority’s functions or ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr180-</link><title>Financial Services and Markets Act 2022 - 180 Consent of Public Prosecutor</title><description>Consent of Public Prosecutor No prosecution in respect of any offence under this Act may be instituted without the written consent of the Public Prosecutor.</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr181-</link><title>Financial Services and Markets Act 2022 - 181 Jurisdiction of Courts</title><description>Jurisdiction of Courts Despite the Criminal Procedure Code 2010, a District Court or a Magistrate’s Court has jurisdiction to try any offence under this Act and has power to impos...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr182-</link><title>Financial Services and Markets Act 2022 - 182 Opportunity to be heard</title><description>Opportunity to be heard Where this Act provides for a person to be given an opportunity to be heard by the Authority, the Authority may prescribe the manner in which the person is...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr183-</link><title>Financial Services and Markets Act 2022 - 183 Recovery of fees, expenses, etc.</title><description>Recovery of fees, expenses, etc. The Authority may recover as a civil debt due to the Authority from the financial institution concerned — the amount of any fees payable to the Au...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr184-</link><title>Financial Services and Markets Act 2022 - 184 Publication of certain information</title><description>Publication of certain information The Authority may prepare and publish — consolidated statements aggregating any information provided under this Act; or for statistical purposes...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr185-</link><title>Financial Services and Markets Act 2022 - 185 Disclosure of information</title><description>Disclosure of information Nothing in this Act requires the Minister or any public servant (including a member of an Appeal Advisory Committee deemed to be a public servant under s...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr186-</link><title>Financial Services and Markets Act 2022 - 186 Service of documents</title><description>Service of documents A document that is permitted or required by this Act to be served on a person may be served as described in this section. A document permitted or required by ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr187-</link><title>Financial Services and Markets Act 2022 - 187 Electronic service</title><description>Electronic service The Authority may provide an electronic service for the service of any document that is required or authorised by this Act to be served on any person. For the p...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr188-</link><title>Financial Services and Markets Act 2022 - 188 Guidelines on Fit and Proper Criteria</title><description>Guidelines on Fit and Proper Criteria For the purpose of determining whether a person is a fit and proper person in relation to this Act or any provision of this Act, the Authorit...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr189-</link><title>Financial Services and Markets Act 2022 - 189 Exemption</title><description>Exemption The Authority may, by regulations, exempt — any person or class of persons from this Act or any provision of this Act; and any of the following from all or any of the pr...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr190-</link><title>Financial Services and Markets Act 2022 - 190 Amendment of Schedules</title><description>Amendment of Schedules The Minister may from time to time, by order in the Gazette , amend, add to or vary the First or Second Schedule. The Minister may, in any order made under ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr191-</link><title>Financial Services and Markets Act 2022 - 191 Power of Minister to make regulations for or in respect to appeals</title><description>Power of Minister to make regulations for or in respect to appeals The Minister may make regulations for, or in respect of, any appeal to the Minister mentioned in sections 4(6), ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr192-</link><title>Financial Services and Markets Act 2022 - 192 Power of Authority to make regulations</title><description>Power of Authority to make regulations Except as otherwise expressly provided in this Act, the Authority may make regulations prescribing matters required or permitted by this Act...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=P113-</link><title>Financial Services and Markets Act 2022 - Part 13 CONSEQUENTIAL AND RELATED AMENDMENTS TO OTHER ACTS</title><description>CONSEQUENTIAL AND RELATED AMENDMENTS TO OTHER ACTS</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr193-</link><title>Financial Services and Markets Act 2022 - 193 Amendment of Banking Act 1970</title><description>Amendment of Banking Act 1970 Subject to subsection (2), section 2(1) of the Banking Act 1970 is amended by deleting the definition of financial holding company and substituting t...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr194-</link><title>Financial Services and Markets Act 2022 - 194 Amendment of Companies Act 1967</title><description>Amendment of Companies Act 1967 Section 8G of the Companies Act 1967 is amended by deleting the words sections 27 and 28 of the Monetary Authority of Singapore Act 1970 and substi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr195-</link><title>Financial Services and Markets Act 2022 - 195 Amendment of Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992</title><description>Amendment of Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992 Section 2(1) of the Corruption, Drug Trafficking and Other Serious Crimes (C...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr196-</link><title>Financial Services and Markets Act 2022 - 196 Amendment of Credit Bureau Act 2016</title><description>Amendment of Credit Bureau Act 2016 Section 2 of the Credit Bureau Act 2016 is amended by deleting the words approved as a financial institution under section 28 of the Monetary A...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr197-</link><title>Financial Services and Markets Act 2022 - 197 Amendment of Criminal Procedure Code 2010</title><description>Amendment of Criminal Procedure Code 2010 The Sixth Schedule to the Criminal Procedure Code 2010 is amended — by inserting, immediately after item 2, the following item: Any offen...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr198-</link><title>Financial Services and Markets Act 2022 - 198 Amendment of Deposit Insurance and Policy Owners’ Protection Schemes Act 2011</title><description>Amendment of Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 Section 2(1) of the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 is amended — by ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr199-</link><title>Financial Services and Markets Act 2022 - 199 Amendment of Finance Companies Act 1967</title><description>Amendment of Finance Companies Act 1967 Section 15(1) of the Finance Companies Act 1967 is amended by deleting the words Division 2, 3, 4 or 4A of Part 4B of the Monetary Authorit...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr200-</link><title>Financial Services and Markets Act 2022 - 200 Amendment of Financial Advisers Act 2001</title><description>Amendment of Financial Advisers Act 2001 Section 2(1) of the Financial Advisers Act 2001 is amended — by inserting, immediately after paragraph (b ) of the definition of prescribe...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr201-</link><title>Financial Services and Markets Act 2022 - 201 Amendment of Financial Holding Companies Act 2013</title><description>Amendment of Financial Holding Companies Act 2013 Section 53 of the Financial Holding Companies Act 2013 is amended by inserting, immediately after paragraph (c ) of the definitio...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20230428?ValidDate=20230428&amp;ProvIds=pr202-</link><title>Financial Services and Markets Act 2022 - 202 Amendment of Income Tax Act 1947</title><description>Amendment of Income Tax Act 1947 Subject to subsection (2), section 10I(2) of the Income Tax Act 1947 is amended — by deleting the word either — in paragraph (b ) of the definitio...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr203-</link><title>Financial Services and Markets Act 2022 - 203 Amendment of Insolvency, Restructuring and Dissolution Act 2018</title><description>Amendment of Insolvency, Restructuring and Dissolution Act 2018 Section 72U(3) of the Insolvency, Restructuring and Dissolution Act 2018 is amended — by inserting, immediately aft...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr204-</link><title>Financial Services and Markets Act 2022 - 204 Amendment of Insurance Act 1966</title><description>Amendment of Insurance Act 1966 Section 36 of the Insurance Act 1966 is amended — by deleting the words under section 74, or under section 68 of the Financial Advisers Act 2001 or...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr205-</link><title>Financial Services and Markets Act 2022 - 205 Amendment of Monetary Authority of Singapore Act 1970</title><description>Amendment of Monetary Authority of Singapore Act 1970 Section 23(7A) of the Monetary Authority of Singapore Act 1970 is amended — by deleting the words Part 4B and substituting th...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr206-</link><title>Financial Services and Markets Act 2022 - 206 Amendment of Mutual Assistance in Criminal Matters Act 2000</title><description>Amendment of Mutual Assistance in Criminal Matters Act 2000 Section 2(1) of the Mutual Assistance in Criminal Matters Act 2000 is amended by deleting the definition of financial i...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr207-</link><title>Financial Services and Markets Act 2022 - 207 Amendment of Payment Services Act 2019</title><description>Amendment of Payment Services Act 2019 Section 2(1) of the Payment Services Act 2019 is amended by inserting, immediately after the definition of place of business , the following...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr208-</link><title>Financial Services and Markets Act 2022 - 208 Amendment of Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019</title><description>Amendment of Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019 Section 2 of the Precious Stones and Precious Metals (Prevention...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr209-</link><title>Financial Services and Markets Act 2022 - 209 Amendment of Securities and Futures Act 2001</title><description>Amendment of Securities and Futures Act 2001 Section 2(1) of the Securities and Futures Act 2001 is amended — by inserting, immediately after the definition of franchise , the fol...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr210-</link><title>Financial Services and Markets Act 2022 - 210 Amendment of Trust Companies Act 2005</title><description>Amendment of Trust Companies Act 2005 Section 10(2) of the Trust Companies Act 2005 is amended by deleting the words Division 2, 3, 4 or 4A of Part 4B of the Monetary Authority of...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr211-</link><title>Financial Services and Markets Act 2022 - 211 Amendment of United Nations Act 2001</title><description>Amendment of United Nations Act 2001 Section 2(2) of the United Nations Act 2001 is amended by deleting the words directions issued or regulations made by the Monetary Authority o...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr212-</link><title>Financial Services and Markets Act 2022 - 212 Amendment of Variable Capital Companies Act 2018</title><description>Amendment of Variable Capital Companies Act 2018 Section 2(1) of the Variable Capital Companies Act 2018 is amended — by inserting, immediately after the definition of financial y...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr213-</link><title>Financial Services and Markets Act 2022 - 213 Amendment of Securities and Futures (Amendment) Act 2017</title><description>Amendment of Securities and Futures (Amendment) Act 2017 Subject to subsection (2), section 203 of the Securities and Futures (Amendment) Act 2017 is repealed. Subsection (1) only...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr214-</link><title>Financial Services and Markets Act 2022 - 214 Amendment of Financial Services and Markets Act 2022</title><description>Amendment of Financial Services and Markets Act 2022 Section 6 of the Financial Services and Markets Act 2022 is amended by deleting the definition of digital payment token instru...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P114-</link><title>Financial Services and Markets Act 2022 - Part 14 SAVINGS AND TRANSITIONAL PROVISIONS</title><description>SAVINGS AND TRANSITIONAL PROVISIONS</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr215-</link><title>Financial Services and Markets Act 2022 - 215 Saving and transitional provisions in relation to amendments to Banking Act 1970</title><description>Saving and transitional provisions in relation to amendments to Banking Act 1970 For the purposes of sections 20(1)(b ) and (7) and 55ZA(1)(b )(ii) and (7)(b ) of the Banking Act ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr216-</link><title>Financial Services and Markets Act 2022 - 216 Saving and transitional provisions in relation to amendments to Finance Companies Act 1967</title><description>Saving and transitional provisions in relation to amendments to Finance Companies Act 1967 For the purposes of section 15(1)(c )(ii) of the Finance Companies Act 1967, the exercis...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr217-</link><title>Financial Services and Markets Act 2022 - 217 Saving and transitional provisions in relation to amendments to Financial Advisers Act 2001</title><description>Saving and transitional provisions in relation to amendments to Financial Advisers Act 2001 Any prohibition order made under section 68(1) of the Financial Advisers Act 2001 as in...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr218-</link><title>Financial Services and Markets Act 2022 - 218 Saving and transitional provisions in relation to amendments to Insurance Act 1966</title><description>Saving and transitional provisions in relation to amendments to Insurance Act 1966 Any order made under section 74(1) of the Insurance Act 1966 as in force immediately before the ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr219-</link><title>Financial Services and Markets Act 2022 - 219 Saving and transitional provisions in relation to amendments to Monetary Authority of Singapore Act 1970</title><description>Saving and transitional provisions in relation to amendments to Monetary Authority of Singapore Act 1970 So far as it is not inconsistent with the provisions of this Act — any req...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr220-</link><title>Financial Services and Markets Act 2022 - 220 Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001</title><description>Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001 For the purposes of sections 14(1)(e ), 46H(1)(da ), 56(1)(da ), 81Z(1)(da ), 95(2)...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr221-</link><title>Financial Services and Markets Act 2022 - 221 Saving and transitional provisions in relation to amendments to Trust Companies Act 2005</title><description>Saving and transitional provisions in relation to amendments to Trust Companies Act 2005 For the purposes of section 10(2)(e ) of the Trust Companies Act 2005, the exercise of any...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr222-</link><title>Financial Services and Markets Act 2022 - 222 Other saving and transitional provisions</title><description>Other saving and transitional provisions For a period of 2 years after the date of commencement of any provision of this Act, the Minister may, by regulations, prescribe such addi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=Sc1-</link><title>Financial Services and Markets Act 2022 - First Schedule Digital token services</title><description>Sections 136(1) and 190(1) Digital token services SERVICES THAT ARE DIGITAL TOKEN SERVICES Except where Part 2 of this Schedule provides otherwise, each of the following services ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=Sc2-</link><title>Financial Services and Markets Act 2022 - Second Schedule Excluded persons</title><description>Sections 137(5)(b ) and 190(1) Excluded persons For the purpose of section 137(5)(b ), the specified persons are — any public statutory corporation established under any Act in Si...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=xv-</link><title>Financial Services and Markets Act 2022 - Legislative History</title><description>This Legislative History is a service provided by the Law Revision Commission on a best-efforts basis. It is not part of the Act. Act 18 of 2022 Financial Services and Markets Act...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P11-</link><title>Financial Services and Markets Act 2022 - Part 1 PRELIMINARY</title><description>PRELIMINARY</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr2-</link><title>Financial Services and Markets Act 2022 - 2 Interpretation</title><description>Interpretation In this Act, unless the context otherwise requires — Authority means the Monetary Authority of Singapore established by the Monetary Authority of Singapore Act 1970...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P12-</link><title>Financial Services and Markets Act 2022 - Part 2 GENERAL POWERS OVER FINANCIAL INSTITUTIONS</title><description>GENERAL POWERS OVER FINANCIAL INSTITUTIONS</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr3-</link><title>Financial Services and Markets Act 2022 - 3 Power to issue directions to financial institutions</title><description>Power to issue directions to financial institutions The Authority may, if the Authority thinks it necessary in the public interest, request information from and make recommendatio...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr4-</link><title>Financial Services and Markets Act 2022 - 4 Power to approve financial institutions and control their operations</title><description>Power to approve financial institutions and control their operations The Authority may require any relevant financial institution which operations are considered by the Authority ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr5-</link><title>Financial Services and Markets Act 2022 - 5 Fees</title><description>Fees Every financial institution approved by the Authority under section 4 may be required to pay such fees in respect of anything done under or by virtue of that section as the A...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P13-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Appeals on prohibition orders and miscellaneous</title><description>Appeals on prohibition orders and miscellaneous</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr13-</link><title>Financial Services and Markets Act 2022 - 13 Appeals to Minister</title><description>Appeals to Minister Where an appeal is made to the Minister under this Part, the Minister may confirm, vary or reverse the decision of the Authority on appeal, or give such direct...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr14-</link><title>Financial Services and Markets Act 2022 - 14 Appeal Advisory Committees</title><description>Appeal Advisory Committees For the purpose of enabling Appeal Advisory Committees to be constituted under section 13, the Minister is to appoint a panel (called in this Part the A...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-</link><title>Financial Services and Markets Act 2022 - Part 4 POWERS REGARDING INTERNATIONAL OBLIGATIONS AND PREVENTION OF MONEY LAUNDERING AND TERRORISM FINANCING, AND ASSISTANCE TO FOREIGN AUTHORITIES AND DOMESTIC AUTHORITIES CONCERNING MONEY LAUNDERING, TERRORISM FINANCING AND OTHER OFFENCES</title><description>Part 4 POWERS REGARDING INTERNATIONAL OBLIGATIONS AND PREVENTION OF MONEY LAUNDERING AND TERRORISM FINANCING, AND ASSISTANCE TO FOREIGN AUTHORITIES AND DOMESTIC AUTHORITIES CONCERNING MONEY LAUNDERING, TERRORISM FINANCING AND OTHER OFFENCES</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 Power to issue directions or make regulations</title><description>Power to issue directions or make regulations</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr15-</link><title>Financial Services and Markets Act 2022 - 15 Directions or regulations to discharge Government’s international obligations</title><description>Directions or regulations to discharge Government’s international obligations The Authority may, from time to time — issue such directions to a financial institution or class of f...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr16-</link><title>Financial Services and Markets Act 2022 - 16 Requirements for prevention of money laundering and terrorism financing</title><description>Requirements for prevention of money laundering and terrorism financing The Authority may, from time to time, issue such directions, or make such regulations under section 192, co...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Assistance to foreign authorities and domestic authorities for their supervisory functions and other actions in respect of money laundering, terrorism financing and other offences</title><description>Assistance to foreign authorities and domestic authorities for their supervisory functions and other actions in respect of money laundering, terrorism financing and other offences...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-P22-P31-</link><title>Financial Services and Markets Act 2022 - Subdivision 1 General provisions</title><description>General provisions</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr17-</link><title>Financial Services and Markets Act 2022 - 17 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — agent means an insurance agent in respect of policies which relate to general business wi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr18-</link><title>Financial Services and Markets Act 2022 - 18 Purposes of this Division</title><description>Purposes of this Division The purposes of this Division are — to enable the Authority to provide information to an AML/CFT authority of a foreign country in connection with the AM...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-P22-P32-</link><title>Financial Services and Markets Act 2022 - Subdivision 2 Assistance to AML/CFT authorities</title><description>Assistance to AML/CFT authorities</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr19-</link><title>Financial Services and Markets Act 2022 - 19 Conditions for provision of assistance to AML/CFT authority</title><description>Conditions for provision of assistance to AML/CFT authority The Authority may, on the request of an AML/CFT authority of a foreign country, provide the assistance referred to in s...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr20-</link><title>Financial Services and Markets Act 2022 - 20 Assistance that may be rendered to AML/CFT authority</title><description>Assistance that may be rendered to AML/CFT authority Despite the provisions of any prescribed written law or any requirement imposed under any such written law, any rule of law, a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-P22-P33-</link><title>Financial Services and Markets Act 2022 - Subdivision 3 Assistance to domestic authorities</title><description>Assistance to domestic authorities</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr21-</link><title>Financial Services and Markets Act 2022 - 21 Conditions for provision of assistance to domestic authority</title><description>Conditions for provision of assistance to domestic authority The Authority may, on the request of a domestic authority, provide the assistance referred to in section 22 to the dom...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr22-</link><title>Financial Services and Markets Act 2022 - 22 Assistance that may be rendered to domestic authority</title><description>Assistance that may be rendered to domestic authority Despite the provisions of any prescribed written law or any requirement imposed under any such written law, any rule of law, ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-P22-P34-</link><title>Financial Services and Markets Act 2022 - Subdivision 4 Additional provisions for Subdivisions (2) and (3)</title><description>Additional provisions for Subdivisions (2) and (3)</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr23-</link><title>Financial Services and Markets Act 2022 - 23 Offences under this Division</title><description>Offences under this Division A person shall be guilty of an offence if the person — without reasonable excuse, refuses or fails to comply with an order made under section 20(2)(a ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr24-</link><title>Financial Services and Markets Act 2022 - 24 Immunities</title><description>Immunities No civil or criminal liability is incurred by any person for — providing to the Authority any information or copy of any information, if the person had provided the inf...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr25-</link><title>Financial Services and Markets Act 2022 - 25 Authority may provide assistance</title><description>Authority may provide assistance Despite the provisions of any prescribed written law or any requirement imposed under any such written law, any rule of law, any contract or any r...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P14-P22-P35-</link><title>Financial Services and Markets Act 2022 - Subdivision 5 Inspection by AML/CFT authority</title><description>Inspection by AML/CFT authority</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr26-</link><title>Financial Services and Markets Act 2022 - 26 Conditions for inspection by AML/CFT authority</title><description>Conditions for inspection by AML/CFT authority An AML/CFT authority may, with the prior written approval of the Authority and under conditions of secrecy, conduct an inspection in...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr27-</link><title>Financial Services and Markets Act 2022 - 27 Duty of financial institution under inspection</title><description>Duty of financial institution under inspection For the purposes of an inspection under section 26, and subject to subsection (2), the financial institution must — give the AML/CFT...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr28-</link><title>Financial Services and Markets Act 2022 - 28 Confidentiality of inspection reports</title><description>Confidentiality of inspection reports Except as provided in subsection (2), where a written report has been produced by an AML/CFT authority in respect of a financial institution ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P15-</link><title>Financial Services and Markets Act 2022 - Part 5 TECHNOLOGY RISK MANAGEMENT</title><description>TECHNOLOGY RISK MANAGEMENT</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr29-</link><title>Financial Services and Markets Act 2022 - 29 Power of Authority in relation to technology risk management</title><description>Power of Authority in relation to technology risk management The Authority may, from time to time, issue such directions, or make such regulations under section 192, concerning an...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P16-</link><title>Financial Services and Markets Act 2022 - Part 6 DISPUTE RESOLUTION SCHEMES</title><description>DISPUTE RESOLUTION SCHEMES</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr30-</link><title>Financial Services and Markets Act 2022 - 30 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — approved dispute resolution scheme means a dispute resolution scheme approved by the Authority un...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr31-</link><title>Financial Services and Markets Act 2022 - 31 Approval of dispute resolution schemes</title><description>Approval of dispute resolution schemes For the purposes of this Part, the Authority may approve any dispute resolution scheme for the resolution of disputes arising from or relati...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr32-</link><title>Financial Services and Markets Act 2022 - 32 Approval of chief executive officer and directors of dispute resolution scheme operator</title><description>Approval of chief executive officer and directors of dispute resolution scheme operator It is a condition of an approval for any dispute resolution scheme approved under section 3...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr33-</link><title>Financial Services and Markets Act 2022 - 33 Removal of chief executive officer or director of dispute resolution scheme operator</title><description>Removal of chief executive officer or director of dispute resolution scheme operator Despite the provisions of any other written law, where the Authority is satisfied that an indi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr34-</link><title>Financial Services and Markets Act 2022 - 34 Appeals to Minister</title><description>Appeals to Minister An operator, or a chief executive officer or director of an operator, who is aggrieved by a decision of the Authority under section 33(1) may, within 30 days a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr35-</link><title>Financial Services and Markets Act 2022 - 35 Approval of amendment to constitution of dispute resolution scheme operator</title><description>Approval of amendment to constitution of dispute resolution scheme operator It is a condition of an approval for any dispute resolution scheme approved under section 31(1) that th...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr36-</link><title>Financial Services and Markets Act 2022 - 36 Requirement for financial institution to be member of approved dispute resolution scheme</title><description>Requirement for financial institution to be member of approved dispute resolution scheme The Authority may, by regulations made under section 192, require a financial institution ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr37-</link><title>Financial Services and Markets Act 2022 - 37 Protection from personal liability</title><description>Protection from personal liability No liability shall lie against any mediator, adjudicator or employee of an operator of an approved dispute resolution scheme, for doing or omitt...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr38-</link><title>Financial Services and Markets Act 2022 - 38 Regulations for this Part</title><description>Regulations for this Part Regulations may be made under section 192 — to provide for the matters that the Authority may have regard to in determining whether to approve a dispute ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P17-</link><title>Financial Services and Markets Act 2022 - Part 7 CONTROL OVER FINANCIAL INSTITUTIONS</title><description>CONTROL OVER FINANCIAL INSTITUTIONS</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P17-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions</title><description>General provisions</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr39-</link><title>Financial Services and Markets Act 2022 - 39 Application and interpretation of this Part</title><description>Application and interpretation of this Part This Part applies to, and in relation to, every relevant financial institution. In this Part, unless the context otherwise requires — c...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr40-</link><title>Financial Services and Markets Act 2022 - 40 Information of insolvency, etc.</title><description>Information of insolvency, etc. Any relevant financial institution which is or is likely to become insolvent, which is or is likely to become unable to meet its obligations, or wh...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr41-</link><title>Financial Services and Markets Act 2022 - 41 Action by Authority if relevant financial institution unable to meet obligations, etc.</title><description>Action by Authority if relevant financial institution unable to meet obligations, etc. The Authority may exercise any one or more of the powers specified in subsection (2) as appe...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr42-</link><title>Financial Services and Markets Act 2022 - 42 Effect of assumption of control under section 41</title><description>Effect of assumption of control under section 41 Upon assuming control of the relevant business of a relevant financial institution, the Authority or statutory manager (as the cas...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr43-</link><title>Financial Services and Markets Act 2022 - 43 Duration of control</title><description>Duration of control The Authority must cease to control the relevant business of a relevant financial institution when the Authority is satisfied that — the reasons for the Author...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr44-</link><title>Financial Services and Markets Act 2022 - 44 Responsibilities of officers, member, etc., of relevant financial institution</title><description>Responsibilities of officers, member, etc., of relevant financial institution During the period when the Authority or statutory manager is in control of the relevant business of a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr45-</link><title>Financial Services and Markets Act 2022 - 45 Remuneration and expenses of Authority and others in certain cases</title><description>Remuneration and expenses of Authority and others in certain cases The Authority may at any time fix the remuneration and expenses to be paid by a relevant financial institution —...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr46-</link><title>Financial Services and Markets Act 2022 - 46 Voluntary transfer of business of relevant financial institution</title><description>Voluntary transfer of business of relevant financial institution A transferor may transfer the whole or any part of its business (including any business that is not the significan...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr47-</link><title>Financial Services and Markets Act 2022 - 47 Approval of transfer of business of relevant financial institution</title><description>Approval of transfer of business of relevant financial institution A transferor must apply to the Court for its approval of the transfer of the whole or any part of the business o...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr48-</link><title>Financial Services and Markets Act 2022 - 48 Disqualification or removal of director or executive officer of relevant financial institution</title><description>Disqualification or removal of director or executive officer of relevant financial institution Despite the provisions of any other written law — a relevant financial institution m...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr49-</link><title>Financial Services and Markets Act 2022 - 49 Provisions as to compromise or arrangement relating to certain financial institutions, etc.</title><description>Provisions as to compromise or arrangement relating to certain financial institutions, etc. This section applies despite any other written law. In any proceedings under section 21...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr50-</link><title>Financial Services and Markets Act 2022 - 50 Regulations for this Part</title><description>Regulations for this Part Regulations made under section 192 for this Part may prescribe — that any contravention of a provision of the regulations shall be an offence punishable ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P17-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Recovery and resolution planning</title><description>Recovery and resolution planning</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr51-</link><title>Financial Services and Markets Act 2022 - 51 Notice concerning recovery and resolution plans</title><description>Notice concerning recovery and resolution plans The Authority may issue a notice to pertinent financial institutions requiring each pertinent financial institution to which a dire...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr52-</link><title>Financial Services and Markets Act 2022 - 52 Direction for recovery plan and its implementation</title><description>Direction for recovery plan and its implementation The Authority may issue a direction to a pertinent financial institution — requiring the pertinent financial institution to comp...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr53-</link><title>Financial Services and Markets Act 2022 - 53 Resolution planning</title><description>Resolution planning The Authority may prepare plans for the orderly resolution of a pertinent financial institution, and may for that purpose issue a direction to the pertinent fi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr54-</link><title>Financial Services and Markets Act 2022 - 54 Power to direct removal of impediments</title><description>Power to direct removal of impediments This section applies if the Authority is of the opinion that an impediment exists to the orderly resolution of a pertinent financial institu...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr55-</link><title>Financial Services and Markets Act 2022 - 55 Appeal against direction to remove impediment</title><description>Appeal against direction to remove impediment A pertinent financial institution that is aggrieved by a direction issued to it under section 52(2)(b ) or 54(2) may, within 30 days ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr56-</link><title>Financial Services and Markets Act 2022 - 56 Provisions concerning directions and notices under this Division</title><description>Provisions concerning directions and notices under this Division A direction or notice under this Division must be in writing. It is not necessary to publish a direction or notice...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr57-</link><title>Financial Services and Markets Act 2022 - 57 Offences under this Division</title><description>Offences under this Division A pertinent financial institution that does not comply with a direction or notice of the Authority under this Division shall be guilty of an offence a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-</link><title>Financial Services and Markets Act 2022 - Part 8 RESOLUTION OF FINANCIAL INSTITUTIONS</title><description>RESOLUTION OF FINANCIAL INSTITUTIONS</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions</title><description>General provisions</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr58-</link><title>Financial Services and Markets Act 2022 - 58 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — affected person , in relation to a specified financial institution, means any person prescribed b...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr59-</link><title>Financial Services and Markets Act 2022 - 59 Exercise of powers under Divisions 2, 4, 5 and 6 of this Part</title><description>Exercise of powers under Divisions 2, 4, 5 and 6 of this Part In determining whether to exercise its powers under Divisions 2, 4, 5 and 6 of this Part in relation to a pertinent f...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr60-</link><title>Financial Services and Markets Act 2022 - 60 Directions or regulations concerning persons that have ceased to be specified financial institutions</title><description>Directions or regulations concerning persons that have ceased to be specified financial institutions The Authority may, from time to time, issue such directions, or make such regu...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr61-</link><title>Financial Services and Markets Act 2022 - 61 Directions and notices issued under this Act or other MAS scheduled Act to continue to apply to persons who cease to be specified financial institutions</title><description>Directions and notices issued under this Act or other MAS scheduled Act to continue to apply to persons who cease to be specified financial institutions Where a person ceases to b...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr62-</link><title>Financial Services and Markets Act 2022 - 62 Moratorium</title><description>Moratorium The Authority may, if the Authority considers it to be in the interests of the affected persons of a specified financial institution, make an order prohibiting that spe...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr63-</link><title>Financial Services and Markets Act 2022 - 63 General provisions as to winding up</title><description>General provisions as to winding up On the application of the Authority, the Court may, in addition to the grounds specified in section 125(1) of the Insolvency, Restructuring and...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr64-</link><title>Financial Services and Markets Act 2022 - 64 Power of Court to take action against directors and executive officers</title><description>Power of Court to take action against directors and executive officers Without affecting any provision of this Act or any other MAS scheduled Act, if, in the course of exercising ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Compulsory transfer of business of pertinent financial institution</title><description>Compulsory transfer of business of pertinent financial institution</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr65-</link><title>Financial Services and Markets Act 2022 - 65 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr66-</link><title>Financial Services and Markets Act 2022 - 66 Compulsory transfer of business</title><description>Compulsory transfer of business Subject to subsections (2), (3) and (7), the Authority may make a determination that the whole or any part of the business of a transferor must be ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr67-</link><title>Financial Services and Markets Act 2022 - 67 Certificate of transfer</title><description>Certificate of transfer If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of transfer, which comes into effect on the date s...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr68-</link><title>Financial Services and Markets Act 2022 - 68 Moratorium, avoidance of disposition of property, etc.</title><description>Moratorium, avoidance of disposition of property, etc. Despite section 62(2) but subject to section 134, no resolution may be passed, and no order may be made, for the winding up ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P23-</link><title>Financial Services and Markets Act 2022 - Division 3 Reverse transfer of business and onward transfer of business</title><description>Reverse transfer of business and onward transfer of business</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr69-</link><title>Financial Services and Markets Act 2022 - 69 Interpretation of this Division</title><description>Interpretation of this Division In this Division — 2nd transferee means the person to which the whole or part of a transferor’s business that was transferred to a transferee by a ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr70-</link><title>Financial Services and Markets Act 2022 - 70 Reverse transfer of business</title><description>Reverse transfer of business Subject to this section, the Authority may, at any time after the transfer of any business under a certificate of transfer, make a determination that ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr71-</link><title>Financial Services and Markets Act 2022 - 71 Reverse transfer certificate</title><description>Reverse transfer certificate If the Minister approves a determination under section 70, the Minister must, as soon as practicable, issue a certificate (called in this section the ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr72-</link><title>Financial Services and Markets Act 2022 - 72 Onward transfer of business</title><description>Onward transfer of business Subject to this section, the Authority may, at any time after the transfer of any business under a certificate of transfer, make a determination that t...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr73-</link><title>Financial Services and Markets Act 2022 - 73 Onward transfer certificate</title><description>Onward transfer certificate If the Minister approves a determination under section 72, the Minister must, as soon as practicable, issue a certificate (called in this section the o...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P24-</link><title>Financial Services and Markets Act 2022 - Division 4 Compulsory transfer of shares of pertinent financial institution</title><description>Compulsory transfer of shares of pertinent financial institution</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr74-</link><title>Financial Services and Markets Act 2022 - 74 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr75-</link><title>Financial Services and Markets Act 2022 - 75 Compulsory transfer of shares</title><description>Compulsory transfer of shares The Authority may make a determination that all or any of the shares held by a transferor in a pertinent financial institution incorporated in Singap...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr76-</link><title>Financial Services and Markets Act 2022 - 76 Certificate of transfer</title><description>Certificate of transfer If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of transfer, which comes into effect on the date s...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P25-</link><title>Financial Services and Markets Act 2022 - Division 5 Compulsory restructuring of share capital of pertinent financial institution</title><description>Compulsory restructuring of share capital of pertinent financial institution</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr77-</link><title>Financial Services and Markets Act 2022 - 77 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr78-</link><title>Financial Services and Markets Act 2022 - 78 Compulsory restructuring of share capital</title><description>Compulsory restructuring of share capital The Authority may make a determination that the share capital of a pertinent financial institution incorporated in Singapore be reduced b...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr79-</link><title>Financial Services and Markets Act 2022 - 79 Certificate of restructuring of share capital</title><description>Certificate of restructuring of share capital If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of restructuring of share ca...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P26-</link><title>Financial Services and Markets Act 2022 - Division 6 Bail-in powers</title><description>Bail-in powers</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr80-</link><title>Financial Services and Markets Act 2022 - 80 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — appointed date , in relation to a bail‑in certificate, means the date appointed for the b...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr81-</link><title>Financial Services and Markets Act 2022 - 81 Exercise of powers under this Division</title><description>Exercise of powers under this Division In exercising any power under this Division, the Authority must have regard to the desirability of giving each pre‑resolution creditor or pr...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr82-</link><title>Financial Services and Markets Act 2022 - 82 Determination by Authority</title><description>Determination by Authority Subject to subsection (2), the Authority may make one or more of the following determinations concerning one or more eligible instruments issued by a Di...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr83-</link><title>Financial Services and Markets Act 2022 - 83 Approval by Minister of determination</title><description>Approval by Minister of determination Before approving a determination of the Authority, the Minister must, unless the Minister decides that it is not practicable or desirable to ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr84-</link><title>Financial Services and Markets Act 2022 - 84 Bail-in certificate</title><description>Bail-in certificate If the Minister approves a determination, the Minister must, as soon as practicable, issue a bail‑in certificate. The bail-in certificate comes into effect on ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr85-</link><title>Financial Services and Markets Act 2022 - 85 Effects of bail-in certificate</title><description>Effects of bail-in certificate A provision in a bail-in certificate has effect despite any restriction arising by reason of contract, any written law or rule of law in force befor...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr86-</link><title>Financial Services and Markets Act 2022 - 86 Moratorium</title><description>Moratorium Despite section 62(2) but subject to section 134, during the period beginning on the date of publication of the notice in section 83(1)(a ) in the Gazette or (where the...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr87-</link><title>Financial Services and Markets Act 2022 - 87 Significant shareholder by reason of bail-in certificate</title><description>Significant shareholder by reason of bail-in certificate Where any person becomes a significant shareholder of a Division 6 FI or resulting FI as a result of a provision of a bail...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr88-</link><title>Financial Services and Markets Act 2022 - 88 Directions for disposal</title><description>Directions for disposal If the Minister is satisfied that any person has failed to comply with a condition imposed on the person in section 87(2) or (3), or if the Minister has se...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr89-</link><title>Financial Services and Markets Act 2022 - 89 Offence</title><description>Offence A person that fails to comply with a condition imposed on the person in section 87(2) or (3), or a notice served on the person in section 87(5) or 88(1), shall be guilty o...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr90-</link><title>Financial Services and Markets Act 2022 - 90 Restriction on eligible instruments</title><description>Restriction on eligible instruments To ensure the effective operation of the provisions of this Division on an eligible instrument, regulations made under section 135 may impose a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P27-</link><title>Financial Services and Markets Act 2022 - Division 7 Termination rights</title><description>Termination rights</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr91-</link><title>Financial Services and Markets Act 2022 - 91 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — approved clearing house has the meaning given by section 2(1) of the Securities and Futur...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr92-</link><title>Financial Services and Markets Act 2022 - 92 Effect of resolution measure on contracts where substantive obligations continue to be performed</title><description>Effect of resolution measure on contracts where substantive obligations continue to be performed This section applies to a contract that satisfies both of the following: one of th...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr93-</link><title>Financial Services and Markets Act 2022 - 93 Right to temporarily suspend termination right for contracts because of resolution measure</title><description>Right to temporarily suspend termination right for contracts because of resolution measure This section applies to a contract one of the parties to which is — a pertinent financia...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr94-</link><title>Financial Services and Markets Act 2022 - 94 When suspension takes effect</title><description>When suspension takes effect A suspension by a notice under section 93 takes effect from (and including) the time of publication of the notice under that section in the Gazette or...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P28-</link><title>Financial Services and Markets Act 2022 - Division 8 Assistance to foreign resolution authorities and domestic authorities</title><description>Assistance to foreign resolution authorities and domestic authorities</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr95-</link><title>Financial Services and Markets Act 2022 - 95 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — domestic authority  — means any ministry or department of the Government, any Organ of St...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr96-</link><title>Financial Services and Markets Act 2022 - 96 Conditions for provision of assistance to foreign resolution authority</title><description>Conditions for provision of assistance to foreign resolution authority The Authority may provide the assistance referred to in section 98 to a foreign resolution authority, if the...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr97-</link><title>Financial Services and Markets Act 2022 - 97 Other factors to consider for provision of assistance to foreign resolution authority</title><description>Other factors to consider for provision of assistance to foreign resolution authority In deciding whether to grant a request for assistance referred to in section 98 from a foreig...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr98-</link><title>Financial Services and Markets Act 2022 - 98 Assistance that may be rendered to foreign resolution authority</title><description>Assistance that may be rendered to foreign resolution authority Despite the provisions of any prescribed written law or any requirement imposed thereunder or any rule of law, the ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr99-</link><title>Financial Services and Markets Act 2022 - 99 Assistance to domestic authority</title><description>Assistance to domestic authority Despite any obligation as to secrecy or other restriction upon the disclosure of information imposed by any prescribed written law or any requirem...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr100-</link><title>Financial Services and Markets Act 2022 - 100 Offences under this Division</title><description>Offences under this Division Any person who — without reasonable excuse, refuses or fails to comply with an order under section 98(1)(b ) or (c ); in purported compliance with an ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr101-</link><title>Financial Services and Markets Act 2022 - 101 Immunity for providing material, etc.</title><description>Immunity for providing material, etc. No liability, other than for an offence under section 100, shall lie against any person for — providing to the Authority any material or copy...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P29-</link><title>Financial Services and Markets Act 2022 - Division 9 Recognition of foreign resolutions</title><description>Recognition of foreign resolutions</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr102-</link><title>Financial Services and Markets Act 2022 - 102 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — determination means a determination made under section 103; foreign financial institution...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr103-</link><title>Financial Services and Markets Act 2022 - 103 Determination over foreign resolution</title><description>Determination over foreign resolution This section applies where a foreign resolution authority of a foreign country or territory makes a request to the Authority to recognise a f...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr104-</link><title>Financial Services and Markets Act 2022 - 104 Order to give effect to foreign resolution</title><description>Order to give effect to foreign resolution If the Minister approves a determination that a foreign resolution should be recognised in whole or in part, the Minister must, as soon ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr105-</link><title>Financial Services and Markets Act 2022 - 105 Directions</title><description>Directions The Authority may, from time to time, issue such directions to any person that is approved, authorised, designated, recognised, registered, licensed or otherwise regula...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr106-</link><title>Financial Services and Markets Act 2022 - 106 Offence</title><description>Offence A person that refuses or fails to comply with a provision of the order under section 104 that applies to the person, or a direction issued to the person under section 105,...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P210-</link><title>Financial Services and Markets Act 2022 - Division 10 Resolution funding</title><description>Resolution funding</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr107-</link><title>Financial Services and Markets Act 2022 - 107 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — Agency means the company designated by the Minister under section 56 of the Deposit Insur...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr108-</link><title>Financial Services and Markets Act 2022 - 108 Establishment of resolution fund</title><description>Establishment of resolution fund For the purposes of supporting a resolution measure undertaken for a financial institution and other matters relating to the measure, the Minister...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr109-</link><title>Financial Services and Markets Act 2022 - 109 Trustee of resolution fund</title><description>Trustee of resolution fund The duty of the trustee of a resolution fund is to administer and manage the resolution fund, and in particular — to make withdrawals from the resolutio...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr110-</link><title>Financial Services and Markets Act 2022 - 110 Withdrawal from resolution fund</title><description>Withdrawal from resolution fund The trustee of a resolution fund must, at the Minister’s direction, make one or more withdrawals from the resolution fund and apply the moneys with...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr111-</link><title>Financial Services and Markets Act 2022 - 111 Recovery of sums withdrawn</title><description>Recovery of sums withdrawn Where one or more withdrawals have been made from a resolution fund under section 110, the Minister may direct the trustee of the resolution fund to rec...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr112-</link><title>Financial Services and Markets Act 2022 - 112 Claim from financial institution under resolution</title><description>Claim from financial institution under resolution Where a direction has been given under section 111(1)(a ), the trustee of the resolution fund must make a claim mentioned in that...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr113-</link><title>Financial Services and Markets Act 2022 - 113 Computation and notice of levy</title><description>Computation and notice of levy After the Minister has given a direction under section 111(1)(b ) or (2), the Authority must, in accordance with the regulations made under section ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr114-</link><title>Financial Services and Markets Act 2022 - 114 Payment of levy by similar financial institutions, participants of market infrastructure on lump sum basis, or participants of payment system operated by payment system operator</title><description>Payment of levy by similar financial institutions, participants of market infrastructure on lump sum basis, or participants of payment system operated by payment system operator T...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr115-</link><title>Financial Services and Markets Act 2022 - 115 Payment of levy by participants of market infrastructure on transaction basis</title><description>Payment of levy by participants of market infrastructure on transaction basis This section applies where a notice under section 113(4) is given to a market infrastructure. The mar...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr116-</link><title>Financial Services and Markets Act 2022 - 116 Recovery, refund and remission of levies and late payment fees, etc.</title><description>Recovery, refund and remission of levies and late payment fees, etc. The levy imposed on a person under section 113(3), (5) or (6), and any late payment fee imposed on the person ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr117-</link><title>Financial Services and Markets Act 2022 - 117 Disclosure of information on levy</title><description>Disclosure of information on levy This section applies to a notice given under section 113(3), (5) or (6) to a levy payer that is a similar financial institution, or a participant...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr118-</link><title>Financial Services and Markets Act 2022 - 118 Use of resolution fund to pay loan, etc., and balance in resolution fund</title><description>Use of resolution fund to pay loan, etc., and balance in resolution fund The Minister may, from time to time, direct the trustee of a resolution fund to make a withdrawal from the...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr119-</link><title>Financial Services and Markets Act 2022 - 119 Priority of debt of financial institution to trustee</title><description>Priority of debt of financial institution to trustee Despite any written law or rule of law relating to the winding up of companies, in the event of a winding up of a financial in...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr120-</link><title>Financial Services and Markets Act 2022 - 120 Regulations for this Division</title><description>Regulations for this Division Regulations may be made under section 135 for the purposes of this Division. Without limiting subsection (1), regulations may be made in relation to ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P211-</link><title>Financial Services and Markets Act 2022 - Division 11 Compensation</title><description>Compensation</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr121-</link><title>Financial Services and Markets Act 2022 - 121 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — 2nd transferee has the meaning given by section 69; Division 11 FI or Division 11 financi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr122-</link><title>Financial Services and Markets Act 2022 - 122 Meaning of "worse off as a result of the resolution"</title><description>Meaning of worse off as a result of the resolution In this Division, a pre‑resolution creditor or pre‑resolution shareholder of a Division 11 FI under resolution is worse off as a...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr123-</link><title>Financial Services and Markets Act 2022 - 123 Eligibility for compensation</title><description>Eligibility for compensation A pre-resolution creditor or pre‑resolution shareholder of a Division 11 FI under resolution that is worse off as a result of the resolution, is eligi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr124-</link><title>Financial Services and Markets Act 2022 - 124 Appointment of valuer</title><description>Appointment of valuer The Minister must, as soon as practicable, after the resolution date of a Division 11 FI under resolution, appoint a valuer for the Division 11 FI. The role ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr125-</link><title>Financial Services and Markets Act 2022 - 125 Valuation</title><description>Valuation A valuer for a Division 11 FI under resolution must conduct the valuation of the Division 11 FI in accordance with the valuation principles that are prescribed by regula...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr126-</link><title>Financial Services and Markets Act 2022 - 126 Access to information by valuer</title><description>Access to information by valuer A Division 11 FI under resolution for which a valuer is appointed must — give the valuer access to such of its records and documents as the valuer ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr127-</link><title>Financial Services and Markets Act 2022 - 127 Confidentiality and use of information</title><description>Confidentiality and use of information A valuer must not use or disclose any information obtained under this Division other than for the performance of its functions under this Di...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr128-</link><title>Financial Services and Markets Act 2022 - 128 Disclosure of valuation report</title><description>Disclosure of valuation report A valuer of a Division 11 FI under resolution may, with the Authority’s approval, disclose the whole or any part of the valuation report of the Divi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr129-</link><title>Financial Services and Markets Act 2022 - 129 Appeals</title><description>Appeals The Authority may appeal to the Court against a valuation report if the Authority is dissatisfied with — the valuer’s decision on any person’s eligibility for compensation...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P18-P212-</link><title>Financial Services and Markets Act 2022 - Division 12 Miscellaneous</title><description>Miscellaneous</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr130-</link><title>Financial Services and Markets Act 2022 - 130 Notices to significant associated entities of specified financial institutions</title><description>Notices to significant associated entities of specified financial institutions The Authority may, if the Authority thinks it necessary or expedient in the public interest, in the ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr131-</link><title>Financial Services and Markets Act 2022 - 131 Modification of law of insolvency</title><description>Modification of law of insolvency Despite anything to the contrary in this Act, the Companies Act 1967 and the Insolvency, Restructuring and Dissolution Act 2018 — any sale, trans...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr132-</link><title>Financial Services and Markets Act 2022 - 132 Power to obtain information under this Part</title><description>Power to obtain information under this Part The Minister or the Authority may require a person to provide, within the period and in the manner specified by the Minister or the Aut...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr133-</link><title>Financial Services and Markets Act 2022 - 133 Immunity for officer of specified financial institution or significant associated entity</title><description>Immunity for officer of specified financial institution or significant associated entity No civil or criminal liability is incurred by an officer of a specified financial institut...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr134-</link><title>Financial Services and Markets Act 2022 - 134 Cessation of moratorium, etc., under this Part</title><description>Cessation of moratorium, etc., under this Part The Minister may, by order in the Gazette , direct that section 68(1) or (2), 76(13), 79(13) or 86, or any part of that provision, c...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr135-</link><title>Financial Services and Markets Act 2022 - 135 Regulations for this Part</title><description>Regulations for this Part The Minister may make such regulations as may be necessary or expedient for carrying out the purposes and provisions of this Part and for prescribing any...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-</link><title>Financial Services and Markets Act 2022 - Part 9 DIGITAL TOKEN SERVICE PROVIDERS</title><description>DIGITAL TOKEN SERVICE PROVIDERS</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 Preliminary</title><description>Preliminary</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr136-</link><title>Financial Services and Markets Act 2022 - 136 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — 5% controller , in relation to a corporation (being a licensee), means a person that alone or tog...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Licensing of digital token service providers</title><description>Licensing of digital token service providers</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P22-P31-</link><title>Financial Services and Markets Act 2022 - Subdivision 1 Licensing of digital token service providers</title><description>Licensing of digital token service providers</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr137-</link><title>Financial Services and Markets Act 2022 - 137 Licensing of digital token service providers</title><description>Licensing of digital token service providers Except as provided for in subsection (5), an individual or a partnership must not from a place of business in Singapore carry on a bus...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr138-</link><title>Financial Services and Markets Act 2022 - 138 Application for licence</title><description>Application for licence An application for a licence must be made to the Authority in the form and manner required by the Authority. Upon receiving an application under subsection...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr139-</link><title>Financial Services and Markets Act 2022 - 139 Holding out as licensee</title><description>Holding out as licensee A person must not hold himself, herself or itself out as a licensee, unless the person has in force a licence. An individual or a partnership must not hold...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr140-</link><title>Financial Services and Markets Act 2022 - 140 Annual fees of licensees</title><description>Annual fees of licensees A licensee must pay to the Authority a prescribed annual fee in such manner as the Authority may specify by written notice. The Authority may, where the A...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr141-</link><title>Financial Services and Markets Act 2022 - 141 Lapsing, surrender, revocation or suspension of licence</title><description>Lapsing, surrender, revocation or suspension of licence A licence lapses — in the case of a licensee that is an entity, if the licensee is wound up or otherwise dissolved, whether...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr142-</link><title>Financial Services and Markets Act 2022 - 142 Appeals to Minister</title><description>Appeals to Minister Any person that is aggrieved — by the refusal of the Authority to grant a licence to the person; or by the revocation or suspension of the person’s licence by ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P22-P32-</link><title>Financial Services and Markets Act 2022 - Subdivision 2 Conduct of business</title><description>Conduct of business</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr143-</link><title>Financial Services and Markets Act 2022 - 143 Place of business of licensee</title><description>Place of business of licensee A licensee must not carry on a business of providing any type of digital token service unless the licensee has a permanent place of business. A licen...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr144-</link><title>Financial Services and Markets Act 2022 - 144 Obligation of licensee to notify Authority of certain events</title><description>Obligation of licensee to notify Authority of certain events A licensee must notify the Authority of the occurrence of any of the following events as soon as practicable after tha...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr145-</link><title>Financial Services and Markets Act 2022 - 145 Obligation of licensee to provide information to Authority</title><description>Obligation of licensee to provide information to Authority Subject to subsection (4), the Authority may, by written notice, require any licensee, or any person acting on behalf of...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr146-</link><title>Financial Services and Markets Act 2022 - 146 Obligation of licensee to submit periodic reports</title><description>Obligation of licensee to submit periodic reports A licensee must submit to the Authority such reports or returns relating to the licensee’s business in such form, manner and freq...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr147-</link><title>Financial Services and Markets Act 2022 - 147 Prohibition from carrying on certain businesses</title><description>Prohibition from carrying on certain businesses A licensee must not carry on a business of granting any credit facility to any individual in Singapore. A licensee that contravenes...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P22-P33-</link><title>Financial Services and Markets Act 2022 - Subdivision 3 Control of controllers of licensees</title><description>Control of controllers of licensees</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr148-</link><title>Financial Services and Markets Act 2022 - 148 Application and interpretation of this Subdivision</title><description>Application and interpretation of this Subdivision This Subdivision applies to — every individual, whether or not resident in Singapore and whether or not a citizen of Singapore; ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr149-</link><title>Financial Services and Markets Act 2022 - 149 Control of shareholding in licensee</title><description>Control of shareholding in licensee A person must not become a 20% controller of a licensee without first applying for and obtaining the approval of the Authority under subsection...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr150-</link><title>Financial Services and Markets Act 2022 - 150 Objection to existing control of licensee</title><description>Objection to existing control of licensee The Authority may serve a written notice of objection on any person that is, or is required to obtain or has obtained the Authority’s app...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr151-</link><title>Financial Services and Markets Act 2022 - 151 Power of Authority to issue directions for this Subdivision</title><description>Power of Authority to issue directions for this Subdivision If the Authority is satisfied that a person has contravened section 149(1) or has failed to comply with any condition i...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr152-</link><title>Financial Services and Markets Act 2022 - 152 Power of Authority to obtain information relating to this Subdivision</title><description>Power of Authority to obtain information relating to this Subdivision The Authority may, by written notice, direct a licensee to obtain from any of its shareholders, and to provid...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr153-</link><title>Financial Services and Markets Act 2022 - 153 Offences, penalties and defences</title><description>Offences, penalties and defences A person that — contravenes section 149(1) or 150(5) or does any act in contravention of section 151(2); fails to comply with — any written notice...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr154-</link><title>Financial Services and Markets Act 2022 - 154 Appeals to Minister</title><description>Appeals to Minister Any person that is aggrieved by a decision of the Authority under section 149, 150 or 151 may, within 30 days after receiving the decision of the Authority, ap...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P22-P34-</link><title>Financial Services and Markets Act 2022 - Subdivision 4 Control of officers of licensees</title><description>Control of officers of licensees</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr155-</link><title>Financial Services and Markets Act 2022 - 155 Approval of chief executive officer, director, partner or manager of licensee</title><description>Approval of chief executive officer, director, partner or manager of licensee Subject to subsections (4) and (5) — an individual may not be appointed as a chief executive officer ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr156-</link><title>Financial Services and Markets Act 2022 - 156 Removal of chief executive officer, director, partner or manager</title><description>Removal of chief executive officer, director, partner or manager Despite the provisions of any other written law, where the Authority is satisfied that an individual who is a chie...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr157-</link><title>Financial Services and Markets Act 2022 - 157 Appeals to Minister</title><description>Appeals to Minister A licensee that is aggrieved by a decision of the Authority under section 155(3)(b ) may, within 30 days after receiving the decision of the Authority, appeal ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P22-P35-</link><title>Financial Services and Markets Act 2022 - Subdivision 5 Audit of licensees</title><description>Audit of licensees</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr158-</link><title>Financial Services and Markets Act 2022 - 158 Auditing</title><description>Auditing Despite the provisions of the Companies Act 1967, a licensee — must, on an annual basis and at its own expense, appoint an auditor; and if for any reason its auditor ceas...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr159-</link><title>Financial Services and Markets Act 2022 - 159 Powers of auditor appointed by Authority</title><description>Powers of auditor appointed by Authority An auditor appointed by the Authority under section 158(2) may, for the purpose of carrying out an examination or audit — examine, on oath...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr160-</link><title>Financial Services and Markets Act 2022 - 160 Restriction on auditor’s and employee’s right to communicate certain matters</title><description>Restriction on auditor’s and employee’s right to communicate certain matters Except as may be necessary for the carrying into effect of the provisions of this Part or so far as ma...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr161-</link><title>Financial Services and Markets Act 2022 - 161 Offence to destroy, conceal, alter, etc., records</title><description>Offence to destroy, conceal, alter, etc., records An individual who, with intent to prevent, delay or obstruct the carrying out of any examination or audit under section 158 or 15...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P23-</link><title>Financial Services and Markets Act 2022 - Division 3 Offences</title><description>Offences</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr162-</link><title>Financial Services and Markets Act 2022 - 162 Falsification of records by officers, etc.</title><description>Falsification of records by officers, etc. An officer, auditor, employee or agent of a licensee who — wilfully makes, or causes to be made, a false entry in any book, or in any re...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr163-</link><title>Financial Services and Markets Act 2022 - 163 General penalty</title><description>General penalty A person guilty of an offence under this Part for which no penalty is expressly provided shall be liable on conviction — in the case of an individual, to a fine no...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P19-P24-</link><title>Financial Services and Markets Act 2022 - Division 4 Miscellaneous</title><description>Miscellaneous</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr164-</link><title>Financial Services and Markets Act 2022 - 164 Power of court to make certain orders</title><description>Power of court to make certain orders Where, on an application of the Authority, it appears to the court that a person — has committed an offence under this Part; or is about to d...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr165-</link><title>Financial Services and Markets Act 2022 - 165 Codes, guidelines, etc., by Authority</title><description>Codes, guidelines, etc., by Authority The Authority may issue and publish by notification in the Gazette or in any other manner the Authority considers appropriate, such codes, gu...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr166-</link><title>Financial Services and Markets Act 2022 - 166 Power of Authority to issue written notice</title><description>Power of Authority to issue written notice The Authority may, if the Authority thinks it necessary or expedient for the effective administration of this Part, for the protection o...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr167-</link><title>Financial Services and Markets Act 2022 - 167 Power of Authority to make regulations</title><description>Power of Authority to make regulations Regulations may be made under section 192 for or with respect to — the fees to be paid in respect of any matter or thing required for the pu...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P110-</link><title>Financial Services and Markets Act 2022 - Part 10 INSPECTION POWERS OF AUTHORITY</title><description>INSPECTION POWERS OF AUTHORITY</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr168-</link><title>Financial Services and Markets Act 2022 - 168 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — book has the meaning given by section 17; licensee has the meaning given by section 136(1); relev...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr169-</link><title>Financial Services and Markets Act 2022 - 169 Inspection by Authority</title><description>Inspection by Authority The Authority may from time to time inspect, under conditions of secrecy, the books of any of the following persons: a financial institution, for the purpo...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr170-</link><title>Financial Services and Markets Act 2022 - 170 Obligation of relevant person under inspection, etc.</title><description>Obligation of relevant person under inspection, etc. For the purposes of an inspection under section 169(1), a relevant person must — give the Authority access to such of the book...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr171-</link><title>Financial Services and Markets Act 2022 - 171 Confidentiality of inspection reports</title><description>Confidentiality of inspection reports Except as provided in subsection (2), where a written report has been produced in respect of a relevant person by the Authority following an ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr172-</link><title>Financial Services and Markets Act 2022 - 172 Authority may transmit information from inspection to corresponding authority</title><description>Authority may transmit information from inspection to corresponding authority The Authority or any person authorised by the Authority may, on the Authority’s own motion, and subje...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr173-</link><title>Financial Services and Markets Act 2022 - 173 Self-incrimination</title><description>Self-incrimination A person is not excused from disclosing information to the Authority pursuant to a requirement made of the person under this Part on the grounds that the disclo...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P111-</link><title>Financial Services and Markets Act 2022 - Part 11 OFFENCES</title><description>OFFENCES</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr174-</link><title>Financial Services and Markets Act 2022 - 174 Offences by corporations</title><description>Offences by corporations Where, in a proceeding for an offence under this Act, it is necessary to prove the state of mind of a corporation in relation to a particular conduct, evi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr175-</link><title>Financial Services and Markets Act 2022 - 175 Offences by unincorporated associations or partnerships</title><description>Offences by unincorporated associations or partnerships Where, in a proceeding for an offence under this Act, it is necessary to prove the state of mind of an unincorporated assoc...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr176-</link><title>Financial Services and Markets Act 2022 - 176 General duty to use reasonable care not to provide false information to Authority</title><description>General duty to use reasonable care not to provide false information to Authority A person who provides the Authority with any information — under or for the purposes of any provi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr177-</link><title>Financial Services and Markets Act 2022 - 177 Composition of offences</title><description>Composition of offences The Authority may compound any offence under this Act that is prescribed as a compoundable offence by collecting from a person reasonably suspected of havi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P112-</link><title>Financial Services and Markets Act 2022 - Part 12 MISCELLANEOUS</title><description>MISCELLANEOUS</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr178-</link><title>Financial Services and Markets Act 2022 - 178 Agents</title><description>Agents In the exercise of its powers and the performance of its functions under this Act, the Authority may — establish agencies at such places outside Singapore as the Authority ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr179-</link><title>Financial Services and Markets Act 2022 - 179 Appointment of assistants</title><description>Appointment of assistants Subject to subsection (2), the Authority may appoint any person to exercise any of the Authority’s powers or perform any of the Authority’s functions or ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr180-</link><title>Financial Services and Markets Act 2022 - 180 Consent of Public Prosecutor</title><description>Consent of Public Prosecutor No prosecution in respect of any offence under this Act may be instituted without the written consent of the Public Prosecutor.</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr181-</link><title>Financial Services and Markets Act 2022 - 181 Jurisdiction of Courts</title><description>Jurisdiction of Courts Despite the Criminal Procedure Code 2010, a District Court or a Magistrate’s Court has jurisdiction to try any offence under this Act and has power to impos...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr182-</link><title>Financial Services and Markets Act 2022 - 182 Opportunity to be heard</title><description>Opportunity to be heard Where this Act provides for a person to be given an opportunity to be heard by the Authority, the Authority may prescribe the manner in which the person is...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr183-</link><title>Financial Services and Markets Act 2022 - 183 Recovery of fees, expenses, etc.</title><description>Recovery of fees, expenses, etc. The Authority may recover as a civil debt due to the Authority from the financial institution concerned — the amount of any fees payable to the Au...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr184-</link><title>Financial Services and Markets Act 2022 - 184 Publication of certain information</title><description>Publication of certain information The Authority may prepare and publish — consolidated statements aggregating any information provided under this Act; or for statistical purposes...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr185-</link><title>Financial Services and Markets Act 2022 - 185 Disclosure of information</title><description>Disclosure of information Nothing in this Act requires the Minister or any public servant (including a member of an Appeal Advisory Committee deemed to be a public servant under s...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr186-</link><title>Financial Services and Markets Act 2022 - 186 Service of documents</title><description>Service of documents A document that is permitted or required by this Act to be served on a person may be served as described in this section. A document permitted or required by ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr187-</link><title>Financial Services and Markets Act 2022 - 187 Electronic service</title><description>Electronic service The Authority may provide an electronic service for the service of any document that is required or authorised by this Act to be served on any person. For the p...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr188-</link><title>Financial Services and Markets Act 2022 - 188 Guidelines on Fit and Proper Criteria</title><description>Guidelines on Fit and Proper Criteria For the purpose of determining whether a person is a fit and proper person in relation to this Act or any provision of this Act, the Authorit...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr189-</link><title>Financial Services and Markets Act 2022 - 189 Exemption</title><description>Exemption The Authority may, by regulations, exempt — any person or class of persons from this Act or any provision of this Act; and any of the following from all or any of the pr...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr190-</link><title>Financial Services and Markets Act 2022 - 190 Amendment of Schedules</title><description>Amendment of Schedules The Minister may from time to time, by order in the Gazette , amend, add to or vary the First or Second Schedule. The Minister may, in any order made under ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr191-</link><title>Financial Services and Markets Act 2022 - 191 Power of Minister to make regulations for or in respect to appeals</title><description>Power of Minister to make regulations for or in respect to appeals The Minister may make regulations for, or in respect of, any appeal to the Minister mentioned in sections 4(6), ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr192-</link><title>Financial Services and Markets Act 2022 - 192 Power of Authority to make regulations</title><description>Power of Authority to make regulations Except as otherwise expressly provided in this Act, the Authority may make regulations prescribing matters required or permitted by this Act...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr193-</link><title>Financial Services and Markets Act 2022 - 193 Amendment of Banking Act 1970</title><description>Amendment of Banking Act 1970 Subject to subsection (2), section 2(1) of the Banking Act 1970 is amended by deleting the definition of financial holding company and substituting t...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr194-</link><title>Financial Services and Markets Act 2022 - 194 Amendment of Companies Act 1967</title><description>Amendment of Companies Act 1967 Section 8G of the Companies Act 1967 is amended by deleting the words sections 27 and 28 of the Monetary Authority of Singapore Act 1970 and substi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr195-</link><title>Financial Services and Markets Act 2022 - 195 Amendment of Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992</title><description>Amendment of Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992 Section 2(1) of the Corruption, Drug Trafficking and Other Serious Crimes (C...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr196-</link><title>Financial Services and Markets Act 2022 - 196 Amendment of Credit Bureau Act 2016</title><description>Amendment of Credit Bureau Act 2016 Section 2 of the Credit Bureau Act 2016 is amended by deleting the words approved as a financial institution under section 28 of the Monetary A...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr197-</link><title>Financial Services and Markets Act 2022 - 197 Amendment of Criminal Procedure Code 2010</title><description>Amendment of Criminal Procedure Code 2010 The Sixth Schedule to the Criminal Procedure Code 2010 is amended — by inserting, immediately after item 2, the following item: Any offen...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr198-</link><title>Financial Services and Markets Act 2022 - 198 Amendment of Deposit Insurance and Policy Owners’ Protection Schemes Act 2011</title><description>Amendment of Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 Section 2(1) of the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 is amended — by ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr199-</link><title>Financial Services and Markets Act 2022 - 199 Amendment of Finance Companies Act 1967</title><description>Amendment of Finance Companies Act 1967 Section 15(1) of the Finance Companies Act 1967 is amended by deleting the words Division 2, 3, 4 or 4A of Part 4B of the Monetary Authorit...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr200-</link><title>Financial Services and Markets Act 2022 - 200 Amendment of Financial Advisers Act 2001</title><description>Amendment of Financial Advisers Act 2001 Section 2(1) of the Financial Advisers Act 2001 is amended — by inserting, immediately after paragraph (b ) of the definition of prescribe...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr201-</link><title>Financial Services and Markets Act 2022 - 201 Amendment of Financial Holding Companies Act 2013</title><description>Amendment of Financial Holding Companies Act 2013 Section 53 of the Financial Holding Companies Act 2013 is amended by inserting, immediately after paragraph (c ) of the definitio...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr203-</link><title>Financial Services and Markets Act 2022 - 203 Amendment of Insolvency, Restructuring and Dissolution Act 2018</title><description>Amendment of Insolvency, Restructuring and Dissolution Act 2018 Section 72U(3) of the Insolvency, Restructuring and Dissolution Act 2018 is amended — by inserting, immediately aft...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr204-</link><title>Financial Services and Markets Act 2022 - 204 Amendment of Insurance Act 1966</title><description>Amendment of Insurance Act 1966 Section 36 of the Insurance Act 1966 is amended — by deleting the words under section 74, or under section 68 of the Financial Advisers Act 2001 or...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr205-</link><title>Financial Services and Markets Act 2022 - 205 Amendment of Monetary Authority of Singapore Act 1970</title><description>Amendment of Monetary Authority of Singapore Act 1970 Section 23(7A) of the Monetary Authority of Singapore Act 1970 is amended — by deleting the words Part 4B and substituting th...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr206-</link><title>Financial Services and Markets Act 2022 - 206 Amendment of Mutual Assistance in Criminal Matters Act 2000</title><description>Amendment of Mutual Assistance in Criminal Matters Act 2000 Section 2(1) of the Mutual Assistance in Criminal Matters Act 2000 is amended by deleting the definition of financial i...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr207-</link><title>Financial Services and Markets Act 2022 - 207 Amendment of Payment Services Act 2019</title><description>Amendment of Payment Services Act 2019 Section 2(1) of the Payment Services Act 2019 is amended by inserting, immediately after the definition of place of business , the following...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr208-</link><title>Financial Services and Markets Act 2022 - 208 Amendment of Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019</title><description>Amendment of Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019 Section 2 of the Precious Stones and Precious Metals (Prevention...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr209-</link><title>Financial Services and Markets Act 2022 - 209 Amendment of Securities and Futures Act 2001</title><description>Amendment of Securities and Futures Act 2001 Section 2(1) of the Securities and Futures Act 2001 is amended — by inserting, immediately after the definition of franchise , the fol...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr210-</link><title>Financial Services and Markets Act 2022 - 210 Amendment of Trust Companies Act 2005</title><description>Amendment of Trust Companies Act 2005 Section 10(2) of the Trust Companies Act 2005 is amended by deleting the words Division 2, 3, 4 or 4A of Part 4B of the Monetary Authority of...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr211-</link><title>Financial Services and Markets Act 2022 - 211 Amendment of United Nations Act 2001</title><description>Amendment of United Nations Act 2001 Section 2(2) of the United Nations Act 2001 is amended by deleting the words directions issued or regulations made by the Monetary Authority o...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr212-</link><title>Financial Services and Markets Act 2022 - 212 Amendment of Variable Capital Companies Act 2018</title><description>Amendment of Variable Capital Companies Act 2018 Section 2(1) of the Variable Capital Companies Act 2018 is amended — by inserting, immediately after the definition of financial y...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr213-</link><title>Financial Services and Markets Act 2022 - 213 Amendment of Securities and Futures (Amendment) Act 2017</title><description>Amendment of Securities and Futures (Amendment) Act 2017 Subject to subsection (2), section 203 of the Securities and Futures (Amendment) Act 2017 is repealed. Subsection (1) only...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr214-</link><title>Financial Services and Markets Act 2022 - 214 Amendment of Financial Services and Markets Act 2022</title><description>Amendment of Financial Services and Markets Act 2022 Section 6 of the Financial Services and Markets Act 2022 is amended by deleting the definition of digital payment token instru...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=P114-</link><title>Financial Services and Markets Act 2022 - Part 14 SAVINGS AND TRANSITIONAL PROVISIONS</title><description>SAVINGS AND TRANSITIONAL PROVISIONS</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr215-</link><title>Financial Services and Markets Act 2022 - 215 Saving and transitional provisions in relation to amendments to Banking Act 1970</title><description>Saving and transitional provisions in relation to amendments to Banking Act 1970 For the purposes of sections 20(1)(b ) and (7) and 55ZA(1)(b )(ii) and (7)(b ) of the Banking Act ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr216-</link><title>Financial Services and Markets Act 2022 - 216 Saving and transitional provisions in relation to amendments to Finance Companies Act 1967</title><description>Saving and transitional provisions in relation to amendments to Finance Companies Act 1967 For the purposes of section 15(1)(c )(ii) of the Finance Companies Act 1967, the exercis...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr217-</link><title>Financial Services and Markets Act 2022 - 217 Saving and transitional provisions in relation to amendments to Financial Advisers Act 2001</title><description>Saving and transitional provisions in relation to amendments to Financial Advisers Act 2001 Any prohibition order made under section 68(1) of the Financial Advisers Act 2001 as in...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr218-</link><title>Financial Services and Markets Act 2022 - 218 Saving and transitional provisions in relation to amendments to Insurance Act 1966</title><description>Saving and transitional provisions in relation to amendments to Insurance Act 1966 Any order made under section 74(1) of the Insurance Act 1966 as in force immediately before the ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr219-</link><title>Financial Services and Markets Act 2022 - 219 Saving and transitional provisions in relation to amendments to Monetary Authority of Singapore Act 1970</title><description>Saving and transitional provisions in relation to amendments to Monetary Authority of Singapore Act 1970 So far as it is not inconsistent with the provisions of this Act — any req...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr220-</link><title>Financial Services and Markets Act 2022 - 220 Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001</title><description>Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001 For the purposes of sections 14(1)(e ), 46H(1)(da ), 56(1)(da ), 81Z(1)(da ), 95(2)...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr221-</link><title>Financial Services and Markets Act 2022 - 221 Saving and transitional provisions in relation to amendments to Trust Companies Act 2005</title><description>Saving and transitional provisions in relation to amendments to Trust Companies Act 2005 For the purposes of section 10(2)(e ) of the Trust Companies Act 2005, the exercise of any...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=pr222-</link><title>Financial Services and Markets Act 2022 - 222 Other saving and transitional provisions</title><description>Other saving and transitional provisions For a period of 2 years after the date of commencement of any provision of this Act, the Minister may, by regulations, prescribe such addi...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=Sc1-</link><title>Financial Services and Markets Act 2022 - First Schedule Digital token services</title><description>Sections 136(1) and 190(1) Digital token services SERVICES THAT ARE DIGITAL TOKEN SERVICES Except where Part 2 of this Schedule provides otherwise, each of the following services ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=Sc2-</link><title>Financial Services and Markets Act 2022 - Second Schedule Excluded persons</title><description>Sections 137(5)(b ) and 190(1) Excluded persons For the purpose of section 137(5)(b ), the specified persons are — any public statutory corporation established under any Act in Si...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20220630?ValidDate=20220630&amp;ProvIds=xv-</link><title>Financial Services and Markets Act 2022 - Legislative History</title><description>This Legislative History is a service provided by the Law Revision Commission on a best-efforts basis. It is not part of the Act. Act 18 of 2022 Financial Services and Markets Act...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P13-</link><title>Financial Services and Markets Act 2022 - Part 3 PROHIBITION ORDER</title><description>PROHIBITION ORDER</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=P13-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions on prohibition order</title><description>General provisions on prohibition order</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr6-</link><title>Financial Services and Markets Act 2022 - 6 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — appointee , in relation to a financial institution, or any other person who carries on a business...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr7-</link><title>Financial Services and Markets Act 2022 - 7 Power of Authority to make prohibition orders</title><description>Power of Authority to make prohibition orders The Authority may, by written notice, make a prohibition order against any person, if the Authority is satisfied that the person is n...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr8-</link><title>Financial Services and Markets Act 2022 - 8 Effect of prohibition orders</title><description>Effect of prohibition orders A person against whom a prohibition order is made must comply with the prohibition order. Where a prohibition order is made against a person (A ), a f...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr9-</link><title>Financial Services and Markets Act 2022 - 9 Variation or revocation of prohibition orders</title><description>Variation or revocation of prohibition orders The Authority may vary or revoke a prohibition order, by giving written notice to the person against whom the order was made, if the ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr10-</link><title>Financial Services and Markets Act 2022 - 10 Date and effect of prohibition orders</title><description>Date and effect of prohibition orders A prohibition order, or any variation or revocation of a prohibition order, takes effect on the date specified by the Authority in the order ...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr11-</link><title>Financial Services and Markets Act 2022 - 11 Power of Authority to publish information</title><description>Power of Authority to publish information The Authority — must publish the making of a prohibition order under section 7, and the variation or revocation of a prohibition order un...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Act/FSMA2022/Historical/20240510?ValidDate=20240510&amp;ProvIds=pr12-</link><title>Financial Services and Markets Act 2022 - 12 Records of prohibition orders</title><description>Records of prohibition orders The Authority must keep, in such form as the Authority thinks fit, records on persons — against whom prohibition orders are made under section 7; and...</description><pubDate>Thu, 30 Jun 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=al-</link><title>Financial Services and Markets Act 2022 - Long Title</title><description>An Act to provide for a financial sector-wide regulation of financial services and markets, the exercise of control over and the resolution of financial institutions and their rela...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=aw-</link><title>Financial Services and Markets Act 2022 - Enacting Formula</title><description>Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows:</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P11-</link><title>Financial Services and Markets Act 2022 - Part 1 PRELIMINARY</title><description>Part 1 PRELIMINARY</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr1-</link><title>Financial Services and Markets Act 2022 - 1 Short title and commencement</title><description>Short title and commencement This Act is the Financial Services and Markets Act 2022 and comes into operation on a date that the Minister appoints by notification in the Gazette .</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr2-</link><title>Financial Services and Markets Act 2022 - 2 Interpretation</title><description>Interpretation In this Act, unless the context otherwise requires — Authority means the Monetary Authority of Singapore established by the Monetary Authority of Singapore Act 1970;...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P12-</link><title>Financial Services and Markets Act 2022 - Part 2 GENERAL POWERS OVER FINANCIAL INSTITUTIONS</title><description>Part 2 GENERAL POWERS OVER FINANCIAL INSTITUTIONS</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr3-</link><title>Financial Services and Markets Act 2022 - 3 Power to issue directions to financial institutions</title><description>Power to issue directions to financial institutions The Authority may, if the Authority thinks it necessary in the public interest, request information from and make recommendation...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr4-</link><title>Financial Services and Markets Act 2022 - 4 Power to approve financial institutions and control their operations</title><description>Power to approve financial institutions and control their operations The Authority may require any relevant financial institution which operations are considered by the Authority t...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr5-</link><title>Financial Services and Markets Act 2022 - 5 Fees</title><description>Fees Every financial institution approved by the Authority under section 4 may be required to pay such fees in respect of anything done under or by virtue of that section as the Au...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P13-</link><title>Financial Services and Markets Act 2022 - Part 3 PROHIBITION ORDER</title><description>Part 3 PROHIBITION ORDER</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P13-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions on prohibition order</title><description>General provisions on prohibition order</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr6-</link><title>Financial Services and Markets Act 2022 - 6 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — appointee , in relation to a financial institution, or any other person who carries on a business ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr7-</link><title>Financial Services and Markets Act 2022 - 7 Power of Authority to make prohibition orders</title><description>Power of Authority to make prohibition orders The Authority may, by written notice, make a prohibition order against any person, if the Authority is satisfied that the person is no...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr8-</link><title>Financial Services and Markets Act 2022 - 8 Effect of prohibition orders</title><description>Effect of prohibition orders A person against whom a prohibition order is made must comply with the prohibition order. Where a prohibition order is made against a person (A ), a fi...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr9-</link><title>Financial Services and Markets Act 2022 - 9 Variation or revocation of prohibition orders</title><description>Variation or revocation of prohibition orders The Authority may vary or revoke a prohibition order, by giving written notice to the person against whom the order was made, if the A...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr10-</link><title>Financial Services and Markets Act 2022 - 10 Date and effect of prohibition orders</title><description>Date and effect of prohibition orders A prohibition order, or any variation or revocation of a prohibition order, takes effect on the date specified by the Authority in the order o...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr11-</link><title>Financial Services and Markets Act 2022 - 11 Power of Authority to publish information</title><description>Power of Authority to publish information The Authority — must publish the making of a prohibition order under section 7, and the variation or revocation of a prohibition order und...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr12-</link><title>Financial Services and Markets Act 2022 - 12 Records of prohibition orders</title><description>Records of prohibition orders The Authority must keep, in such form as the Authority thinks fit, records on persons — against whom prohibition orders are made under section 7; and ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P13-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Appeals on prohibition orders and miscellaneous</title><description>Appeals on prohibition orders and miscellaneous</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr13-</link><title>Financial Services and Markets Act 2022 - 13 Appeals to Minister</title><description>Appeals to Minister Where an appeal is made to the Minister under this Part, the Minister may confirm, vary or reverse the decision of the Authority on appeal, or give such directi...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr14-</link><title>Financial Services and Markets Act 2022 - 14 Appeal Advisory Committees</title><description>Appeal Advisory Committees For the purpose of enabling Appeal Advisory Committees to be constituted under section 13, the Minister is to appoint a panel (called in this Part the Ap...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P14-</link><title>Financial Services and Markets Act 2022 - Part 4 POWERS REGARDING INTERNATIONAL OBLIGATIONS AND PREVENTION OF MONEY LAUNDERING AND TERRORISM FINANCING, AND ASSISTANCE TO FOREIGN AUTHORITIES AND DOMESTIC AUTHORITIES CONCERNING MONEY LAUNDERING, TERRORISM FINANCING AND OTHER OFFENCES</title><description>Part 4 POWERS REGARDING INTERNATIONAL OBLIGATIONS AND PREVENTION OF MONEY LAUNDERING AND TERRORISM FINANCING, AND ASSISTANCE TO FOREIGN AUTHORITIES AND DOMESTIC AUTHORITIES CONCERNING MONEY LAUNDERING, TERRORISM FINANCING AND OTHER OFFENCES</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P14-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 Power to issue directions or make regulations</title><description>Power to issue directions or make regulations</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr15-</link><title>Financial Services and Markets Act 2022 - 15 Directions or regulations to discharge Government’s international obligations</title><description>Directions or regulations to discharge Government’s international obligations The Authority may, from time to time — issue such directions to a financial institution or class of fi...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr16-</link><title>Financial Services and Markets Act 2022 - 16 Requirements for prevention of money laundering and terrorism financing</title><description>Requirements for prevention of money laundering and terrorism financing The Authority may, from time to time, issue such directions, or make such regulations under section 192, con...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P14-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Assistance to foreign authorities and domestic authorities for their supervisory functions and other actions in respect of money laundering, terrorism financing and other offences</title><description>Assistance to foreign authorities and domestic authorities for their supervisory functions and other actions in respect of money laundering, terrorism financing and other offences</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P14-P22-P31-</link><title>Financial Services and Markets Act 2022 - Subdivision 1 General provisions</title><description>General provisions</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr17-</link><title>Financial Services and Markets Act 2022 - 17 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — agent means an insurance agent in respect of policies which relate to general business wit...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr18-</link><title>Financial Services and Markets Act 2022 - 18 Purposes of this Division</title><description>Purposes of this Division The purposes of this Division are — to enable the Authority to provide information to an AML/CFT authority of a foreign country in connection with the AML...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P14-P22-P32-</link><title>Financial Services and Markets Act 2022 - Subdivision 2 Assistance to AML/CFT authorities</title><description>Assistance to AML/CFT authorities</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr19-</link><title>Financial Services and Markets Act 2022 - 19 Conditions for provision of assistance to AML/CFT authority</title><description>Conditions for provision of assistance to AML/CFT authority The Authority may, on the request of an AML/CFT authority of a foreign country, provide the assistance referred to in se...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr20-</link><title>Financial Services and Markets Act 2022 - 20 Assistance that may be rendered to AML/CFT authority</title><description>Assistance that may be rendered to AML/CFT authority Despite the provisions of any prescribed written law or any requirement imposed under any such written law, any rule of law, an...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P14-P22-P33-</link><title>Financial Services and Markets Act 2022 - Subdivision 3 Assistance to domestic authorities</title><description>Assistance to domestic authorities</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr21-</link><title>Financial Services and Markets Act 2022 - 21 Conditions for provision of assistance to domestic authority</title><description>Conditions for provision of assistance to domestic authority The Authority may, on the request of a domestic authority, provide the assistance referred to in section 22 to the dome...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr22-</link><title>Financial Services and Markets Act 2022 - 22 Assistance that may be rendered to domestic authority</title><description>Assistance that may be rendered to domestic authority Despite the provisions of any prescribed written law or any requirement imposed under any such written law, any rule of law, a...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P14-P22-P34-</link><title>Financial Services and Markets Act 2022 - Subdivision 4 Additional provisions for Subdivisions (2) and (3)</title><description>Additional provisions for Subdivisions (2) and (3)</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr23-</link><title>Financial Services and Markets Act 2022 - 23 Offences under this Division</title><description>Offences under this Division A person shall be guilty of an offence if the person — without reasonable excuse, refuses or fails to comply with an order made under section 20(2)(a )...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr24-</link><title>Financial Services and Markets Act 2022 - 24 Immunities</title><description>Immunities No civil or criminal liability is incurred by any person for — providing to the Authority any information or copy of any information, if the person had provided the info...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr25-</link><title>Financial Services and Markets Act 2022 - 25 Authority may provide assistance</title><description>Authority may provide assistance Despite the provisions of any prescribed written law or any requirement imposed under any such written law, any rule of law, any contract or any ru...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P14-P22-P35-</link><title>Financial Services and Markets Act 2022 - Subdivision 5 Inspection by AML/CFT authority</title><description>Inspection by AML/CFT authority</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr26-</link><title>Financial Services and Markets Act 2022 - 26 Conditions for inspection by AML/CFT authority</title><description>Conditions for inspection by AML/CFT authority An AML/CFT authority may, with the prior written approval of the Authority and under conditions of secrecy, conduct an inspection in ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr27-</link><title>Financial Services and Markets Act 2022 - 27 Duty of financial institution under inspection</title><description>Duty of financial institution under inspection For the purposes of an inspection under section 26, and subject to subsection (2), the financial institution must — give the AML/CFT ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr28-</link><title>Financial Services and Markets Act 2022 - 28 Confidentiality of inspection reports</title><description>Confidentiality of inspection reports Except as provided in subsection (2), where a written report has been produced by an AML/CFT authority in respect of a financial institution f...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P15-</link><title>Financial Services and Markets Act 2022 - Part 5 TECHNOLOGY RISK MANAGEMENT</title><description>Part 5 TECHNOLOGY RISK MANAGEMENT</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr29-</link><title>Financial Services and Markets Act 2022 - 29 Power of Authority in relation to technology risk management</title><description>Power of Authority in relation to technology risk management The Authority may, from time to time, issue such directions, or make such regulations under section 192, concerning any...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P16-</link><title>Financial Services and Markets Act 2022 - Part 6 DISPUTE RESOLUTION SCHEMES</title><description>Part 6 DISPUTE RESOLUTION SCHEMES</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr30-</link><title>Financial Services and Markets Act 2022 - 30 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — approved dispute resolution scheme means a dispute resolution scheme approved by the Authority und...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr31-</link><title>Financial Services and Markets Act 2022 - 31 Approval of dispute resolution schemes</title><description>Approval of dispute resolution schemes For the purposes of this Part, the Authority may approve any dispute resolution scheme for the resolution of disputes arising from or relatin...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr32-</link><title>Financial Services and Markets Act 2022 - 32 Approval of chief executive officer and directors of dispute resolution scheme operator</title><description>Approval of chief executive officer and directors of dispute resolution scheme operator It is a condition of an approval for any dispute resolution scheme approved under section 31...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr33-</link><title>Financial Services and Markets Act 2022 - 33 Removal of chief executive officer or director of dispute resolution scheme operator</title><description>Removal of chief executive officer or director of dispute resolution scheme operator Despite the provisions of any other written law, where the Authority is satisfied that an indiv...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr34-</link><title>Financial Services and Markets Act 2022 - 34 Appeals to Minister</title><description>Appeals to Minister An operator, or a chief executive officer or director of an operator, who is aggrieved by a decision of the Authority under section 33(1) may, within 30 days af...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr35-</link><title>Financial Services and Markets Act 2022 - 35 Approval of amendment to constitution of dispute resolution scheme operator</title><description>Approval of amendment to constitution of dispute resolution scheme operator It is a condition of an approval for any dispute resolution scheme approved under section 31(1) that the...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr36-</link><title>Financial Services and Markets Act 2022 - 36 Requirement for financial institution to be member of approved dispute resolution scheme</title><description>Requirement for financial institution to be member of approved dispute resolution scheme The Authority may, by regulations made under section 192, require a financial institution t...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr37-</link><title>Financial Services and Markets Act 2022 - 37 Protection from personal liability</title><description>Protection from personal liability No liability shall lie against any mediator, adjudicator or employee of an operator of an approved dispute resolution scheme, for doing or omitti...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr38-</link><title>Financial Services and Markets Act 2022 - 38 Regulations for this Part</title><description>Regulations for this Part Regulations may be made under section 192 — to provide for the matters that the Authority may have regard to in determining whether to approve a dispute r...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P17-</link><title>Financial Services and Markets Act 2022 - Part 7 CONTROL OVER FINANCIAL INSTITUTIONS</title><description>Part 7 CONTROL OVER FINANCIAL INSTITUTIONS</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P17-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions</title><description>General provisions</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr39-</link><title>Financial Services and Markets Act 2022 - 39 Application and interpretation of this Part</title><description>Application and interpretation of this Part This Part applies to, and in relation to, every relevant financial institution. In this Part, unless the context otherwise requires — ch...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr40-</link><title>Financial Services and Markets Act 2022 - 40 Information of insolvency, etc.</title><description>Information of insolvency, etc. Any relevant financial institution which is or is likely to become insolvent, which is or is likely to become unable to meet its obligations, or whi...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr41-</link><title>Financial Services and Markets Act 2022 - 41 Action by Authority if relevant financial institution unable to meet obligations, etc.</title><description>Action by Authority if relevant financial institution unable to meet obligations, etc. The Authority may exercise any one or more of the powers specified in subsection (2) as appea...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr42-</link><title>Financial Services and Markets Act 2022 - 42 Effect of assumption of control under section 41</title><description>Effect of assumption of control under section 41 Upon assuming control of the relevant business of a relevant financial institution, the Authority or statutory manager (as the case...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr43-</link><title>Financial Services and Markets Act 2022 - 43 Duration of control</title><description>Duration of control The Authority must cease to control the relevant business of a relevant financial institution when the Authority is satisfied that — the reasons for the Authori...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr44-</link><title>Financial Services and Markets Act 2022 - 44 Responsibilities of officers, member, etc., of relevant financial institution</title><description>Responsibilities of officers, member, etc., of relevant financial institution During the period when the Authority or statutory manager is in control of the relevant business of a ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr45-</link><title>Financial Services and Markets Act 2022 - 45 Remuneration and expenses of Authority and others in certain cases</title><description>Remuneration and expenses of Authority and others in certain cases The Authority may at any time fix the remuneration and expenses to be paid by a relevant financial institution — ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr46-</link><title>Financial Services and Markets Act 2022 - 46 Voluntary transfer of business of relevant financial institution</title><description>Voluntary transfer of business of relevant financial institution A transferor may transfer the whole or any part of its business (including any business that is not the significant...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr47-</link><title>Financial Services and Markets Act 2022 - 47 Approval of transfer of business of relevant financial institution</title><description>Approval of transfer of business of relevant financial institution A transferor must apply to the Court for its approval of the transfer of the whole or any part of the business of...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr48-</link><title>Financial Services and Markets Act 2022 - 48 Disqualification or removal of director or executive officer of relevant financial institution</title><description>Disqualification or removal of director or executive officer of relevant financial institution Despite the provisions of any other written law — a relevant financial institution mu...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr49-</link><title>Financial Services and Markets Act 2022 - 49 Provisions as to compromise or arrangement relating to certain financial institutions, etc.</title><description>Provisions as to compromise or arrangement relating to certain financial institutions, etc. This section applies despite any other written law. In any proceedings under section 210...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr50-</link><title>Financial Services and Markets Act 2022 - 50 Regulations for this Part</title><description>Regulations for this Part Regulations made under section 192 for this Part may prescribe — that any contravention of a provision of the regulations shall be an offence punishable (...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P17-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Recovery and resolution planning</title><description>Recovery and resolution planning</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr51-</link><title>Financial Services and Markets Act 2022 - 51 Notice concerning recovery and resolution plans</title><description>Notice concerning recovery and resolution plans The Authority may issue a notice to pertinent financial institutions requiring each pertinent financial institution to which a direc...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr52-</link><title>Financial Services and Markets Act 2022 - 52 Direction for recovery plan and its implementation</title><description>Direction for recovery plan and its implementation The Authority may issue a direction to a pertinent financial institution — requiring the pertinent financial institution to compl...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr53-</link><title>Financial Services and Markets Act 2022 - 53 Resolution planning</title><description>Resolution planning The Authority may prepare plans for the orderly resolution of a pertinent financial institution, and may for that purpose issue a direction to the pertinent fin...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr54-</link><title>Financial Services and Markets Act 2022 - 54 Power to direct removal of impediments</title><description>Power to direct removal of impediments This section applies if the Authority is of the opinion that an impediment exists to the orderly resolution of a pertinent financial institut...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr55-</link><title>Financial Services and Markets Act 2022 - 55 Appeal against direction to remove impediment</title><description>Appeal against direction to remove impediment A pertinent financial institution that is aggrieved by a direction issued to it under section 52(2)(b ) or 54(2) may, within 30 days a...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr56-</link><title>Financial Services and Markets Act 2022 - 56 Provisions concerning directions and notices under this Division</title><description>Provisions concerning directions and notices under this Division A direction or notice under this Division must be in writing. It is not necessary to publish a direction or notice ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr57-</link><title>Financial Services and Markets Act 2022 - 57 Offences under this Division</title><description>Offences under this Division A pertinent financial institution that does not comply with a direction or notice of the Authority under this Division shall be guilty of an offence an...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P18-</link><title>Financial Services and Markets Act 2022 - Part 8 RESOLUTION OF FINANCIAL INSTITUTIONS</title><description>Part 8 RESOLUTION OF FINANCIAL INSTITUTIONS</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P18-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 General provisions</title><description>General provisions</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr58-</link><title>Financial Services and Markets Act 2022 - 58 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — affected person , in relation to a specified financial institution, means any person prescribed by...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr59-</link><title>Financial Services and Markets Act 2022 - 59 Exercise of powers under Divisions 2, 4, 5 and 6 of this Part</title><description>Exercise of powers under Divisions 2, 4, 5 and 6 of this Part In determining whether to exercise its powers under Divisions 2, 4, 5 and 6 of this Part in relation to a pertinent fi...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr60-</link><title>Financial Services and Markets Act 2022 - 60 Directions or regulations concerning persons that have ceased to be specified financial institutions</title><description>Directions or regulations concerning persons that have ceased to be specified financial institutions The Authority may, from time to time, issue such directions, or make such regul...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr61-</link><title>Financial Services and Markets Act 2022 - 61 Directions and notices issued under this Act or other MAS scheduled Act to continue to apply to persons who cease to be specified financial institutions</title><description>Directions and notices issued under this Act or other MAS scheduled Act to continue to apply to persons who cease to be specified financial institutions Where a person ceases to be...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr62-</link><title>Financial Services and Markets Act 2022 - 62 Moratorium</title><description>Moratorium The Authority may, if the Authority considers it to be in the interests of the affected persons of a specified financial institution, make an order prohibiting that spec...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr63-</link><title>Financial Services and Markets Act 2022 - 63 General provisions as to winding up</title><description>General provisions as to winding up On the application of the Authority, the Court may, in addition to the grounds specified in section 125(1) of the Insolvency, Restructuring and ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr64-</link><title>Financial Services and Markets Act 2022 - 64 Power of Court to take action against directors and executive officers</title><description>Power of Court to take action against directors and executive officers Without affecting any provision of this Act or any other MAS scheduled Act, if, in the course of exercising t...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P18-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Compulsory transfer of business of pertinent financial institution</title><description>Compulsory transfer of business of pertinent financial institution</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr65-</link><title>Financial Services and Markets Act 2022 - 65 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr66-</link><title>Financial Services and Markets Act 2022 - 66 Compulsory transfer of business</title><description>Compulsory transfer of business Subject to subsections (2), (3) and (7), the Authority may make a determination that the whole or any part of the business of a transferor must be t...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr67-</link><title>Financial Services and Markets Act 2022 - 67 Certificate of transfer</title><description>Certificate of transfer If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of transfer, which comes into effect on the date sp...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr68-</link><title>Financial Services and Markets Act 2022 - 68 Moratorium, avoidance of disposition of property, etc.</title><description>Moratorium, avoidance of disposition of property, etc. Despite section 62(2) but subject to section 134, no resolution may be passed, and no order may be made, for the winding up o...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P18-P23-</link><title>Financial Services and Markets Act 2022 - Division 3 Reverse transfer of business and onward transfer of business</title><description>Reverse transfer of business and onward transfer of business</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr69-</link><title>Financial Services and Markets Act 2022 - 69 Interpretation of this Division</title><description>Interpretation of this Division In this Division — 2nd transferee means the person to which the whole or part of a transferor’s business that was transferred to a transferee by a c...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr70-</link><title>Financial Services and Markets Act 2022 - 70 Reverse transfer of business</title><description>Reverse transfer of business Subject to this section, the Authority may, at any time after the transfer of any business under a certificate of transfer, make a determination that t...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr71-</link><title>Financial Services and Markets Act 2022 - 71 Reverse transfer certificate</title><description>Reverse transfer certificate If the Minister approves a determination under section 70, the Minister must, as soon as practicable, issue a certificate (called in this section the r...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr72-</link><title>Financial Services and Markets Act 2022 - 72 Onward transfer of business</title><description>Onward transfer of business Subject to this section, the Authority may, at any time after the transfer of any business under a certificate of transfer, make a determination that th...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr73-</link><title>Financial Services and Markets Act 2022 - 73 Onward transfer certificate</title><description>Onward transfer certificate If the Minister approves a determination under section 72, the Minister must, as soon as practicable, issue a certificate (called in this section the on...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P18-P24-</link><title>Financial Services and Markets Act 2022 - Division 4 Compulsory transfer of shares of pertinent financial institution</title><description>Compulsory transfer of shares of pertinent financial institution</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr74-</link><title>Financial Services and Markets Act 2022 - 74 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr75-</link><title>Financial Services and Markets Act 2022 - 75 Compulsory transfer of shares</title><description>Compulsory transfer of shares The Authority may make a determination that all or any of the shares held by a transferor in a pertinent financial institution incorporated in Singapo...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr76-</link><title>Financial Services and Markets Act 2022 - 76 Certificate of transfer</title><description>Certificate of transfer If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of transfer, which comes into effect on the date sp...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P18-P25-</link><title>Financial Services and Markets Act 2022 - Division 5 Compulsory restructuring of share capital of pertinent financial institution</title><description>Compulsory restructuring of share capital of pertinent financial institution</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr77-</link><title>Financial Services and Markets Act 2022 - 77 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — business includes affairs, property, right, obligation and liability; certificate means a ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr78-</link><title>Financial Services and Markets Act 2022 - 78 Compulsory restructuring of share capital</title><description>Compulsory restructuring of share capital The Authority may make a determination that the share capital of a pertinent financial institution incorporated in Singapore be reduced by...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr79-</link><title>Financial Services and Markets Act 2022 - 79 Certificate of restructuring of share capital</title><description>Certificate of restructuring of share capital If the Minister approves a determination, the Minister must, as soon as practicable, issue a certificate of restructuring of share cap...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P18-P26-</link><title>Financial Services and Markets Act 2022 - Division 6 Bail-in powers</title><description>Bail-in powers</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr80-</link><title>Financial Services and Markets Act 2022 - 80 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — appointed date , in relation to a bail‑in certificate, means the date appointed for the ba...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr81-</link><title>Financial Services and Markets Act 2022 - 81 Exercise of powers under this Division</title><description>Exercise of powers under this Division In exercising any power under this Division, the Authority must have regard to the desirability of giving each pre‑resolution creditor or pre...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr82-</link><title>Financial Services and Markets Act 2022 - 82 Determination by Authority</title><description>Determination by Authority Subject to subsection (2), the Authority may make one or more of the following determinations concerning one or more eligible instruments issued by a Div...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr83-</link><title>Financial Services and Markets Act 2022 - 83 Approval by Minister of determination</title><description>Approval by Minister of determination Before approving a determination of the Authority, the Minister must, unless the Minister decides that it is not practicable or desirable to d...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr84-</link><title>Financial Services and Markets Act 2022 - 84 Bail-in certificate</title><description>Bail-in certificate If the Minister approves a determination, the Minister must, as soon as practicable, issue a bail‑in certificate. The bail-in certificate comes into effect on s...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr85-</link><title>Financial Services and Markets Act 2022 - 85 Effects of bail-in certificate</title><description>Effects of bail-in certificate A provision in a bail-in certificate has effect despite any restriction arising by reason of contract, any written law or rule of law in force before...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr86-</link><title>Financial Services and Markets Act 2022 - 86 Moratorium</title><description>Moratorium Despite section 62(2) but subject to section 134, during the period beginning on the date of publication of the notice in section 83(1)(a ) in the Gazette or (where the ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr87-</link><title>Financial Services and Markets Act 2022 - 87 Significant shareholder by reason of bail-in certificate</title><description>Significant shareholder by reason of bail-in certificate Where any person becomes a significant shareholder of a Division 6 FI or resulting FI as a result of a provision of a bail‑...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr88-</link><title>Financial Services and Markets Act 2022 - 88 Directions for disposal</title><description>Directions for disposal If the Minister is satisfied that any person has failed to comply with a condition imposed on the person in section 87(2) or (3), or if the Minister has ser...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr89-</link><title>Financial Services and Markets Act 2022 - 89 Offence</title><description>Offence A person that fails to comply with a condition imposed on the person in section 87(2) or (3), or a notice served on the person in section 87(5) or 88(1), shall be guilty of...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr90-</link><title>Financial Services and Markets Act 2022 - 90 Restriction on eligible instruments</title><description>Restriction on eligible instruments To ensure the effective operation of the provisions of this Division on an eligible instrument, regulations made under section 135 may impose a ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P18-P27-</link><title>Financial Services and Markets Act 2022 - Division 7 Termination rights</title><description>Termination rights</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr91-</link><title>Financial Services and Markets Act 2022 - 91 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — approved clearing house has the meaning given by section 2(1) of the Securities and Future...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr92-</link><title>Financial Services and Markets Act 2022 - 92 Effect of resolution measure on contracts where substantive obligations continue to be performed</title><description>Effect of resolution measure on contracts where substantive obligations continue to be performed This section applies to a contract that satisfies both of the following: one of the...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr93-</link><title>Financial Services and Markets Act 2022 - 93 Right to temporarily suspend termination right for contracts because of resolution measure</title><description>Right to temporarily suspend termination right for contracts because of resolution measure This section applies to a contract one of the parties to which is — a pertinent financial...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr94-</link><title>Financial Services and Markets Act 2022 - 94 When suspension takes effect</title><description>When suspension takes effect A suspension by a notice under section 93 takes effect from (and including) the time of publication of the notice under that section in the Gazette or ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P18-P28-</link><title>Financial Services and Markets Act 2022 - Division 8 Assistance to foreign resolution authorities and domestic authorities</title><description>Assistance to foreign resolution authorities and domestic authorities</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr95-</link><title>Financial Services and Markets Act 2022 - 95 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — domestic authority  — means any ministry or department of the Government, any Organ of Sta...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr96-</link><title>Financial Services and Markets Act 2022 - 96 Conditions for provision of assistance to foreign resolution authority</title><description>Conditions for provision of assistance to foreign resolution authority The Authority may provide the assistance referred to in section 98 to a foreign resolution authority, if the ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr97-</link><title>Financial Services and Markets Act 2022 - 97 Other factors to consider for provision of assistance to foreign resolution authority</title><description>Other factors to consider for provision of assistance to foreign resolution authority In deciding whether to grant a request for assistance referred to in section 98 from a foreign...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr98-</link><title>Financial Services and Markets Act 2022 - 98 Assistance that may be rendered to foreign resolution authority</title><description>Assistance that may be rendered to foreign resolution authority Despite the provisions of any prescribed written law or any requirement imposed thereunder or any rule of law, the A...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr99-</link><title>Financial Services and Markets Act 2022 - 99 Assistance to domestic authority</title><description>Assistance to domestic authority Despite any obligation as to secrecy or other restriction upon the disclosure of information imposed by any prescribed written law or any requireme...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr100-</link><title>Financial Services and Markets Act 2022 - 100 Offences under this Division</title><description>Offences under this Division Any person who — without reasonable excuse, refuses or fails to comply with an order under section 98(1)(b ) or (c ); in purported compliance with an o...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr101-</link><title>Financial Services and Markets Act 2022 - 101 Immunity for providing material, etc.</title><description>Immunity for providing material, etc. No liability, other than for an offence under section 100, shall lie against any person for — providing to the Authority any material or copy ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P18-P29-</link><title>Financial Services and Markets Act 2022 - Division 9 Recognition of foreign resolutions</title><description>Recognition of foreign resolutions</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr102-</link><title>Financial Services and Markets Act 2022 - 102 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — determination means a determination made under section 103; foreign financial institution ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr103-</link><title>Financial Services and Markets Act 2022 - 103 Determination over foreign resolution</title><description>Determination over foreign resolution This section applies where a foreign resolution authority of a foreign country or territory makes a request to the Authority to recognise a fo...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr104-</link><title>Financial Services and Markets Act 2022 - 104 Order to give effect to foreign resolution</title><description>Order to give effect to foreign resolution If the Minister approves a determination that a foreign resolution should be recognised in whole or in part, the Minister must, as soon a...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr105-</link><title>Financial Services and Markets Act 2022 - 105 Directions</title><description>Directions The Authority may, from time to time, issue such directions to any person that is approved, authorised, designated, recognised, registered, licensed or otherwise regulat...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr106-</link><title>Financial Services and Markets Act 2022 - 106 Offence</title><description>Offence A person that refuses or fails to comply with a provision of the order under section 104 that applies to the person, or a direction issued to the person under section 105, ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P18-P210-</link><title>Financial Services and Markets Act 2022 - Division 10 Resolution funding</title><description>Resolution funding</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr107-</link><title>Financial Services and Markets Act 2022 - 107 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — Agency means the company designated by the Minister under section 56 of the Deposit Insura...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr108-</link><title>Financial Services and Markets Act 2022 - 108 Establishment of resolution fund</title><description>Establishment of resolution fund For the purposes of supporting a resolution measure undertaken for a financial institution and other matters relating to the measure, the Minister ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr109-</link><title>Financial Services and Markets Act 2022 - 109 Trustee of resolution fund</title><description>Trustee of resolution fund The duty of the trustee of a resolution fund is to administer and manage the resolution fund, and in particular — to make withdrawals from the resolution...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr110-</link><title>Financial Services and Markets Act 2022 - 110 Withdrawal from resolution fund</title><description>Withdrawal from resolution fund The trustee of a resolution fund must, at the Minister’s direction, make one or more withdrawals from the resolution fund and apply the moneys withd...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr111-</link><title>Financial Services and Markets Act 2022 - 111 Recovery of sums withdrawn</title><description>Recovery of sums withdrawn Where one or more withdrawals have been made from a resolution fund under section 110, the Minister may direct the trustee of the resolution fund to reco...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr112-</link><title>Financial Services and Markets Act 2022 - 112 Claim from financial institution under resolution</title><description>Claim from financial institution under resolution Where a direction has been given under section 111(1)(a ), the trustee of the resolution fund must make a claim mentioned in that ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr113-</link><title>Financial Services and Markets Act 2022 - 113 Computation and notice of levy</title><description>Computation and notice of levy After the Minister has given a direction under section 111(1)(b ) or (2), the Authority must, in accordance with the regulations made under section 1...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr114-</link><title>Financial Services and Markets Act 2022 - 114 Payment of levy by similar financial institutions, participants of market infrastructure on lump sum basis, or participants of payment system operated by payment system operator</title><description>Payment of levy by similar financial institutions, participants of market infrastructure on lump sum basis, or participants of payment system operated by payment system operator Th...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr115-</link><title>Financial Services and Markets Act 2022 - 115 Payment of levy by participants of market infrastructure on transaction basis</title><description>Payment of levy by participants of market infrastructure on transaction basis This section applies where a notice under section 113(4) is given to a market infrastructure. The mark...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr116-</link><title>Financial Services and Markets Act 2022 - 116 Recovery, refund and remission of levies and late payment fees, etc.</title><description>Recovery, refund and remission of levies and late payment fees, etc. The levy imposed on a person under section 113(3), (5) or (6), and any late payment fee imposed on the person u...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr117-</link><title>Financial Services and Markets Act 2022 - 117 Disclosure of information on levy</title><description>Disclosure of information on levy This section applies to a notice given under section 113(3), (5) or (6) to a levy payer that is a similar financial institution, or a participant ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr118-</link><title>Financial Services and Markets Act 2022 - 118 Use of resolution fund to pay loan, etc., and balance in resolution fund</title><description>Use of resolution fund to pay loan, etc., and balance in resolution fund The Minister may, from time to time, direct the trustee of a resolution fund to make a withdrawal from the ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr119-</link><title>Financial Services and Markets Act 2022 - 119 Priority of debt of financial institution to trustee</title><description>Priority of debt of financial institution to trustee Despite any written law or rule of law relating to the winding up of companies, in the event of a winding up of a financial ins...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr120-</link><title>Financial Services and Markets Act 2022 - 120 Regulations for this Division</title><description>Regulations for this Division Regulations may be made under section 135 for the purposes of this Division. Without limiting subsection (1), regulations may be made in relation to t...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P18-P211-</link><title>Financial Services and Markets Act 2022 - Division 11 Compensation</title><description>Compensation</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr121-</link><title>Financial Services and Markets Act 2022 - 121 Interpretation of this Division</title><description>Interpretation of this Division In this Division, unless the context otherwise requires — 2nd transferee has the meaning given by section 69; Division 11 FI or Division 11 financia...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr122-</link><title>Financial Services and Markets Act 2022 - 122 Meaning of "worse off as a result of the resolution"</title><description>Meaning of worse off as a result of the resolution In this Division, a pre‑resolution creditor or pre‑resolution shareholder of a Division 11 FI under resolution is worse off as a ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr123-</link><title>Financial Services and Markets Act 2022 - 123 Eligibility for compensation</title><description>Eligibility for compensation A pre-resolution creditor or pre‑resolution shareholder of a Division 11 FI under resolution that is worse off as a result of the resolution, is eligib...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr124-</link><title>Financial Services and Markets Act 2022 - 124 Appointment of valuer</title><description>Appointment of valuer The Minister must, as soon as practicable, after the resolution date of a Division 11 FI under resolution, appoint a valuer for the Division 11 FI. The role o...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr125-</link><title>Financial Services and Markets Act 2022 - 125 Valuation</title><description>Valuation A valuer for a Division 11 FI under resolution must conduct the valuation of the Division 11 FI in accordance with the valuation principles that are prescribed by regulat...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr126-</link><title>Financial Services and Markets Act 2022 - 126 Access to information by valuer</title><description>Access to information by valuer A Division 11 FI under resolution for which a valuer is appointed must — give the valuer access to such of its records and documents as the valuer m...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr127-</link><title>Financial Services and Markets Act 2022 - 127 Confidentiality and use of information</title><description>Confidentiality and use of information A valuer must not use or disclose any information obtained under this Division other than for the performance of its functions under this Div...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr128-</link><title>Financial Services and Markets Act 2022 - 128 Disclosure of valuation report</title><description>Disclosure of valuation report A valuer of a Division 11 FI under resolution may, with the Authority’s approval, disclose the whole or any part of the valuation report of the Divis...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr129-</link><title>Financial Services and Markets Act 2022 - 129 Appeals</title><description>Appeals The Authority may appeal to the Court against a valuation report if the Authority is dissatisfied with — the valuer’s decision on any person’s eligibility for compensation;...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P18-P212-</link><title>Financial Services and Markets Act 2022 - Division 12 Miscellaneous</title><description>Miscellaneous</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr130-</link><title>Financial Services and Markets Act 2022 - 130 Notices to significant associated entities of specified financial institutions</title><description>Notices to significant associated entities of specified financial institutions The Authority may, if the Authority thinks it necessary or expedient in the public interest, in the i...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr131-</link><title>Financial Services and Markets Act 2022 - 131 Modification of law of insolvency</title><description>Modification of law of insolvency Despite anything to the contrary in this Act, the Companies Act 1967 and the Insolvency, Restructuring and Dissolution Act 2018 — any sale, transf...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr132-</link><title>Financial Services and Markets Act 2022 - 132 Power to obtain information under this Part</title><description>Power to obtain information under this Part The Minister or the Authority may require a person to provide, within the period and in the manner specified by the Minister or the Auth...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr133-</link><title>Financial Services and Markets Act 2022 - 133 Immunity for officer of specified financial institution or significant associated entity</title><description>Immunity for officer of specified financial institution or significant associated entity No civil or criminal liability is incurred by an officer of a specified financial instituti...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr134-</link><title>Financial Services and Markets Act 2022 - 134 Cessation of moratorium, etc., under this Part</title><description>Cessation of moratorium, etc., under this Part The Minister may, by order in the Gazette , direct that section 68(1) or (2), 76(13), 79(13) or 86, or any part of that provision, ce...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr135-</link><title>Financial Services and Markets Act 2022 - 135 Regulations for this Part</title><description>Regulations for this Part The Minister may make such regulations as may be necessary or expedient for carrying out the purposes and provisions of this Part and for prescribing anyt...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P19-</link><title>Financial Services and Markets Act 2022 - Part 9 DIGITAL TOKEN SERVICE PROVIDERS</title><description>Part 9 DIGITAL TOKEN SERVICE PROVIDERS</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P19-P21-</link><title>Financial Services and Markets Act 2022 - Division 1 Preliminary</title><description>Preliminary</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr136-</link><title>Financial Services and Markets Act 2022 - 136 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — 5% controller , in relation to a corporation (being a licensee), means a person that alone or toge...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P19-P22-</link><title>Financial Services and Markets Act 2022 - Division 2 Licensing of digital token service providers</title><description>Licensing of digital token service providers</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P19-P22-P31-</link><title>Financial Services and Markets Act 2022 - Subdivision 1 Licensing of digital token service providers</title><description>Licensing of digital token service providers</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr137-</link><title>Financial Services and Markets Act 2022 - 137 Licensing of digital token service providers</title><description>Licensing of digital token service providers Except as provided for in subsection (5), an individual or a partnership must not from a place of business in Singapore carry on a busi...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr138-</link><title>Financial Services and Markets Act 2022 - 138 Application for licence</title><description>Application for licence An application for a licence must be made to the Authority in the form and manner required by the Authority. Upon receiving an application under subsection ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr139-</link><title>Financial Services and Markets Act 2022 - 139 Holding out as licensee</title><description>Holding out as licensee A person must not hold himself, herself or itself out as a licensee, unless the person has in force a licence. An individual or a partnership must not hold ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr140-</link><title>Financial Services and Markets Act 2022 - 140 Annual fees of licensees</title><description>Annual fees of licensees A licensee must pay to the Authority a prescribed annual fee in such manner as the Authority may specify by written notice. The Authority may, where the Au...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr141-</link><title>Financial Services and Markets Act 2022 - 141 Lapsing, surrender, revocation or suspension of licence</title><description>Lapsing, surrender, revocation or suspension of licence A licence lapses — in the case of a licensee that is an entity, if the licensee is wound up or otherwise dissolved, whether ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr142-</link><title>Financial Services and Markets Act 2022 - 142 Appeals to Minister</title><description>Appeals to Minister Any person that is aggrieved — by the refusal of the Authority to grant a licence to the person; or by the revocation or suspension of the person’s licence by t...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P19-P22-P32-</link><title>Financial Services and Markets Act 2022 - Subdivision 2 Conduct of business</title><description>Conduct of business</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr143-</link><title>Financial Services and Markets Act 2022 - 143 Place of business of licensee</title><description>Place of business of licensee A licensee must not carry on a business of providing any type of digital token service unless the licensee has a permanent place of business. A licens...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr144-</link><title>Financial Services and Markets Act 2022 - 144 Obligation of licensee to notify Authority of certain events</title><description>Obligation of licensee to notify Authority of certain events A licensee must notify the Authority of the occurrence of any of the following events as soon as practicable after that...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr145-</link><title>Financial Services and Markets Act 2022 - 145 Obligation of licensee to provide information to Authority</title><description>Obligation of licensee to provide information to Authority Subject to subsection (4), the Authority may, by written notice, require any licensee, or any person acting on behalf of ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr146-</link><title>Financial Services and Markets Act 2022 - 146 Obligation of licensee to submit periodic reports</title><description>Obligation of licensee to submit periodic reports A licensee must submit to the Authority such reports or returns relating to the licensee’s business in such form, manner and frequ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr147-</link><title>Financial Services and Markets Act 2022 - 147 Prohibition from carrying on certain businesses</title><description>Prohibition from carrying on certain businesses A licensee must not carry on a business of granting any credit facility to any individual in Singapore. A licensee that contravenes ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P19-P22-P33-</link><title>Financial Services and Markets Act 2022 - Subdivision 3 Control of controllers of licensees</title><description>Control of controllers of licensees</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr148-</link><title>Financial Services and Markets Act 2022 - 148 Application and interpretation of this Subdivision</title><description>Application and interpretation of this Subdivision This Subdivision applies to — every individual, whether or not resident in Singapore and whether or not a citizen of Singapore; a...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr149-</link><title>Financial Services and Markets Act 2022 - 149 Control of shareholding in licensee</title><description>Control of shareholding in licensee A person must not become a 20% controller of a licensee without first applying for and obtaining the approval of the Authority under subsection ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr150-</link><title>Financial Services and Markets Act 2022 - 150 Objection to existing control of licensee</title><description>Objection to existing control of licensee The Authority may serve a written notice of objection on any person that is, or is required to obtain or has obtained the Authority’s appr...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr151-</link><title>Financial Services and Markets Act 2022 - 151 Power of Authority to issue directions for this Subdivision</title><description>Power of Authority to issue directions for this Subdivision If the Authority is satisfied that a person has contravened section 149(1) or has failed to comply with any condition im...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr152-</link><title>Financial Services and Markets Act 2022 - 152 Power of Authority to obtain information relating to this Subdivision</title><description>Power of Authority to obtain information relating to this Subdivision The Authority may, by written notice, direct a licensee to obtain from any of its shareholders, and to provide...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr153-</link><title>Financial Services and Markets Act 2022 - 153 Offences, penalties and defences</title><description>Offences, penalties and defences A person that — contravenes section 149(1) or 150(5) or does any act in contravention of section 151(2); fails to comply with — any written notice ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr154-</link><title>Financial Services and Markets Act 2022 - 154 Appeals to Minister</title><description>Appeals to Minister Any person that is aggrieved by a decision of the Authority under section 149, 150 or 151 may, within 30 days after receiving the decision of the Authority, app...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P19-P22-P34-</link><title>Financial Services and Markets Act 2022 - Subdivision 4 Control of officers of licensees</title><description>Control of officers of licensees</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr155-</link><title>Financial Services and Markets Act 2022 - 155 Approval of chief executive officer, director, partner or manager of licensee</title><description>Approval of chief executive officer, director, partner or manager of licensee Subject to subsections (4) and (5) — an individual may not be appointed as a chief executive officer o...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr156-</link><title>Financial Services and Markets Act 2022 - 156 Removal of chief executive officer, director, partner or manager</title><description>Removal of chief executive officer, director, partner or manager Despite the provisions of any other written law, where the Authority is satisfied that an individual who is a chief...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr157-</link><title>Financial Services and Markets Act 2022 - 157 Appeals to Minister</title><description>Appeals to Minister A licensee that is aggrieved by a decision of the Authority under section 155(3)(b ) may, within 30 days after receiving the decision of the Authority, appeal i...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P19-P22-P35-</link><title>Financial Services and Markets Act 2022 - Subdivision 5 Audit of licensees</title><description>Audit of licensees</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr158-</link><title>Financial Services and Markets Act 2022 - 158 Auditing</title><description>Auditing Despite the provisions of the Companies Act 1967, a licensee — must, on an annual basis and at its own expense, appoint an auditor; and if for any reason its auditor cease...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr159-</link><title>Financial Services and Markets Act 2022 - 159 Powers of auditor appointed by Authority</title><description>Powers of auditor appointed by Authority An auditor appointed by the Authority under section 158(2) may, for the purpose of carrying out an examination or audit — examine, on oath ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr160-</link><title>Financial Services and Markets Act 2022 - 160 Restriction on auditor’s and employee’s right to communicate certain matters</title><description>Restriction on auditor’s and employee’s right to communicate certain matters Except as may be necessary for the carrying into effect of the provisions of this Part or so far as may...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr161-</link><title>Financial Services and Markets Act 2022 - 161 Offence to destroy, conceal, alter, etc., records</title><description>Offence to destroy, conceal, alter, etc., records An individual who, with intent to prevent, delay or obstruct the carrying out of any examination or audit under section 158 or 159...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P19-P23-</link><title>Financial Services and Markets Act 2022 - Division 3 Offences</title><description>Offences</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr162-</link><title>Financial Services and Markets Act 2022 - 162 Falsification of records by officers, etc.</title><description>Falsification of records by officers, etc. An officer, auditor, employee or agent of a licensee who — wilfully makes, or causes to be made, a false entry in any book, or in any rep...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr163-</link><title>Financial Services and Markets Act 2022 - 163 General penalty</title><description>General penalty A person guilty of an offence under this Part for which no penalty is expressly provided shall be liable on conviction — in the case of an individual, to a fine not...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P19-P24-</link><title>Financial Services and Markets Act 2022 - Division 4 Miscellaneous</title><description>Miscellaneous</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr164-</link><title>Financial Services and Markets Act 2022 - 164 Power of court to make certain orders</title><description>Power of court to make certain orders Where, on an application of the Authority, it appears to the court that a person — has committed an offence under this Part; or is about to do...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr165-</link><title>Financial Services and Markets Act 2022 - 165 Codes, guidelines, etc., by Authority</title><description>Codes, guidelines, etc., by Authority The Authority may issue and publish by notification in the Gazette or in any other manner the Authority considers appropriate, such codes, gui...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr166-</link><title>Financial Services and Markets Act 2022 - 166 Power of Authority to issue written notice</title><description>Power of Authority to issue written notice The Authority may, if the Authority thinks it necessary or expedient for the effective administration of this Part, for the protection of...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr167-</link><title>Financial Services and Markets Act 2022 - 167 Power of Authority to make regulations</title><description>Power of Authority to make regulations Regulations may be made under section 192 for or with respect to — the fees to be paid in respect of any matter or thing required for the pur...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P110-</link><title>Financial Services and Markets Act 2022 - Part 10 INSPECTION POWERS OF AUTHORITY</title><description>Part 10 INSPECTION POWERS OF AUTHORITY</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr168-</link><title>Financial Services and Markets Act 2022 - 168 Interpretation of this Part</title><description>Interpretation of this Part In this Part, unless the context otherwise requires — book has the meaning given by section 17; licensee has the meaning given by section 136(1); releva...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr169-</link><title>Financial Services and Markets Act 2022 - 169 Inspection by Authority</title><description>Inspection by Authority The Authority may from time to time inspect, under conditions of secrecy, the books of any of the following persons: a financial institution, for the purpos...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr170-</link><title>Financial Services and Markets Act 2022 - 170 Obligation of relevant person under inspection, etc.</title><description>Obligation of relevant person under inspection, etc. For the purposes of an inspection under section 169(1), a relevant person must — give the Authority access to such of the books...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr171-</link><title>Financial Services and Markets Act 2022 - 171 Confidentiality of inspection reports</title><description>Confidentiality of inspection reports Except as provided in subsection (2), where a written report has been produced in respect of a relevant person by the Authority following an i...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr172-</link><title>Financial Services and Markets Act 2022 - 172 Authority may transmit information from inspection to corresponding authority</title><description>Authority may transmit information from inspection to corresponding authority The Authority or any person authorised by the Authority may, on the Authority’s own motion, and subjec...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr173-</link><title>Financial Services and Markets Act 2022 - 173 Self-incrimination</title><description>Self-incrimination A person is not excused from disclosing information to the Authority pursuant to a requirement made of the person under this Part on the grounds that the disclos...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P111-</link><title>Financial Services and Markets Act 2022 - Part 11 OFFENCES</title><description>Part 11 OFFENCES</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr174-</link><title>Financial Services and Markets Act 2022 - 174 Offences by corporations</title><description>Offences by corporations Where, in a proceeding for an offence under this Act, it is necessary to prove the state of mind of a corporation in relation to a particular conduct, evid...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr175-</link><title>Financial Services and Markets Act 2022 - 175 Offences by unincorporated associations or partnerships</title><description>Offences by unincorporated associations or partnerships Where, in a proceeding for an offence under this Act, it is necessary to prove the state of mind of an unincorporated associ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr176-</link><title>Financial Services and Markets Act 2022 - 176 General duty to use reasonable care not to provide false information to Authority</title><description>General duty to use reasonable care not to provide false information to Authority A person who provides the Authority with any information — under or for the purposes of any provis...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr177-</link><title>Financial Services and Markets Act 2022 - 177 Composition of offences</title><description>Composition of offences The Authority may compound any offence under this Act that is prescribed as a compoundable offence by collecting from a person reasonably suspected of havin...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P112-</link><title>Financial Services and Markets Act 2022 - Part 12 MISCELLANEOUS</title><description>Part 12 MISCELLANEOUS</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr178-</link><title>Financial Services and Markets Act 2022 - 178 Agents</title><description>Agents In the exercise of its powers and the performance of its functions under this Act, the Authority may — establish agencies at such places outside Singapore as the Authority t...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr179-</link><title>Financial Services and Markets Act 2022 - 179 Appointment of assistants</title><description>Appointment of assistants Subject to subsection (2), the Authority may appoint any person to exercise any of the Authority’s powers or perform any of the Authority’s functions or d...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr180-</link><title>Financial Services and Markets Act 2022 - 180 Consent of Public Prosecutor</title><description>Consent of Public Prosecutor No prosecution in respect of any offence under this Act may be instituted without the written consent of the Public Prosecutor.</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr181-</link><title>Financial Services and Markets Act 2022 - 181 Jurisdiction of Courts</title><description>Jurisdiction of Courts Despite the Criminal Procedure Code 2010, a District Court or a Magistrate’s Court has jurisdiction to try any offence under this Act and has power to impose...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr182-</link><title>Financial Services and Markets Act 2022 - 182 Opportunity to be heard</title><description>Opportunity to be heard Where this Act provides for a person to be given an opportunity to be heard by the Authority, the Authority may prescribe the manner in which the person is ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr183-</link><title>Financial Services and Markets Act 2022 - 183 Recovery of fees, expenses, etc.</title><description>Recovery of fees, expenses, etc. The Authority may recover as a civil debt due to the Authority from the financial institution concerned — the amount of any fees payable to the Aut...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr184-</link><title>Financial Services and Markets Act 2022 - 184 Publication of certain information</title><description>Publication of certain information The Authority may prepare and publish — consolidated statements aggregating any information provided under this Act; or for statistical purposes,...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr185-</link><title>Financial Services and Markets Act 2022 - 185 Disclosure of information</title><description>Disclosure of information Nothing in this Act requires the Minister or any public servant (including a member of an Appeal Advisory Committee deemed to be a public servant under se...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr186-</link><title>Financial Services and Markets Act 2022 - 186 Service of documents</title><description>Service of documents A document that is permitted or required by this Act to be served on a person may be served as described in this section. A document permitted or required by t...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr187-</link><title>Financial Services and Markets Act 2022 - 187 Electronic service</title><description>Electronic service The Authority may provide an electronic service for the service of any document that is required or authorised by this Act to be served on any person. For the pu...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr188-</link><title>Financial Services and Markets Act 2022 - 188 Guidelines on Fit and Proper Criteria</title><description>Guidelines on Fit and Proper Criteria For the purpose of determining whether a person is a fit and proper person in relation to this Act or any provision of this Act, the Authority...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr189-</link><title>Financial Services and Markets Act 2022 - 189 Exemption</title><description>Exemption The Authority may, by regulations, exempt — any person or class of persons from this Act or any provision of this Act; and any of the following from all or any of the pro...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr190-</link><title>Financial Services and Markets Act 2022 - 190 Amendment of Schedules</title><description>Amendment of Schedules The Minister may from time to time, by order in the Gazette , amend, add to or vary the First or Second Schedule. The Minister may, in any order made under s...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr191-</link><title>Financial Services and Markets Act 2022 - 191 Power of Minister to make regulations for or in respect to appeals</title><description>Power of Minister to make regulations for or in respect to appeals The Minister may make regulations for, or in respect of, any appeal to the Minister mentioned in sections 4(6), 7...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr192-</link><title>Financial Services and Markets Act 2022 - 192 Power of Authority to make regulations</title><description>Power of Authority to make regulations Except as otherwise expressly provided in this Act, the Authority may make regulations prescribing matters required or permitted by this Act ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P113-</link><title>Financial Services and Markets Act 2022 - Part 13 CONSEQUENTIAL AND RELATED AMENDMENTS TO OTHER ACTS</title><description>Part 13 CONSEQUENTIAL AND RELATED AMENDMENTS TO OTHER ACTS</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr193-</link><title>Financial Services and Markets Act 2022 - 193 Amendment of Banking Act 1970</title><description>Amendment of Banking Act 1970 Subject to subsection (2), section 2(1) of the Banking Act 1970 is amended by deleting the definition of financial holding company and substituting th...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr194-</link><title>Financial Services and Markets Act 2022 - 194 Amendment of Companies Act 1967</title><description>Amendment of Companies Act 1967 Section 8G of the Companies Act 1967 is amended by deleting the words sections 27 and 28 of the Monetary Authority of Singapore Act 1970 and substit...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr195-</link><title>Financial Services and Markets Act 2022 - 195 Amendment of Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992</title><description>Amendment of Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992 Section 2(1) of the Corruption, Drug Trafficking and Other Serious Crimes (Co...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr196-</link><title>Financial Services and Markets Act 2022 - 196 Amendment of Credit Bureau Act 2016</title><description>Amendment of Credit Bureau Act 2016 Section 2 of the Credit Bureau Act 2016 is amended by deleting the words approved as a financial institution under section 28 of the Monetary Au...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr197-</link><title>Financial Services and Markets Act 2022 - 197 Amendment of Criminal Procedure Code 2010</title><description>Amendment of Criminal Procedure Code 2010 The Sixth Schedule to the Criminal Procedure Code 2010 is amended — by inserting, immediately after item 2, the following item: Any offenc...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr198-</link><title>Financial Services and Markets Act 2022 - 198 Amendment of Deposit Insurance and Policy Owners’ Protection Schemes Act 2011</title><description>Amendment of Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 Section 2(1) of the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 is amended — by d...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr199-</link><title>Financial Services and Markets Act 2022 - 199 Amendment of Finance Companies Act 1967</title><description>Amendment of Finance Companies Act 1967 Section 15(1) of the Finance Companies Act 1967 is amended by deleting the words Division 2, 3, 4 or 4A of Part 4B of the Monetary Authority...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr200-</link><title>Financial Services and Markets Act 2022 - 200 Amendment of Financial Advisers Act 2001</title><description>Amendment of Financial Advisers Act 2001 Section 2(1) of the Financial Advisers Act 2001 is amended — by inserting, immediately after paragraph (b ) of the definition of prescribed...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr201-</link><title>Financial Services and Markets Act 2022 - 201 Amendment of Financial Holding Companies Act 2013</title><description>Amendment of Financial Holding Companies Act 2013 Section 53 of the Financial Holding Companies Act 2013 is amended by inserting, immediately after paragraph (c ) of the definition...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr202-</link><title>Financial Services and Markets Act 2022 - 202 Amendment of Income Tax Act 1947</title><description>Amendment of Income Tax Act 1947 Subject to subsection (2), section 10I(2) of the Income Tax Act 1947 is amended — by deleting the word either — in paragraph (b ) of the definition...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr203-</link><title>Financial Services and Markets Act 2022 - 203 Amendment of Insolvency, Restructuring and Dissolution Act 2018</title><description>Amendment of Insolvency, Restructuring and Dissolution Act 2018 Section 72U(3) of the Insolvency, Restructuring and Dissolution Act 2018 is amended — by inserting, immediately afte...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr204-</link><title>Financial Services and Markets Act 2022 - 204 Amendment of Insurance Act 1966</title><description>Amendment of Insurance Act 1966 Section 36 of the Insurance Act 1966 is amended — by deleting the words under section 74, or under section 68 of the Financial Advisers Act 2001 or ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr205-</link><title>Financial Services and Markets Act 2022 - 205 Amendment of Monetary Authority of Singapore Act 1970</title><description>Amendment of Monetary Authority of Singapore Act 1970 Section 23(7A) of the Monetary Authority of Singapore Act 1970 is amended — by deleting the words Part 4B and substituting the...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr206-</link><title>Financial Services and Markets Act 2022 - 206 Amendment of Mutual Assistance in Criminal Matters Act 2000</title><description>Amendment of Mutual Assistance in Criminal Matters Act 2000 Section 2(1) of the Mutual Assistance in Criminal Matters Act 2000 is amended by deleting the definition of financial in...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr207-</link><title>Financial Services and Markets Act 2022 - 207 Amendment of Payment Services Act 2019</title><description>Amendment of Payment Services Act 2019 Section 2(1) of the Payment Services Act 2019 is amended by inserting, immediately after the definition of place of business , the following ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr208-</link><title>Financial Services and Markets Act 2022 - 208 Amendment of Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019</title><description>Amendment of Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019 Section 2 of the Precious Stones and Precious Metals (Prevention ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr209-</link><title>Financial Services and Markets Act 2022 - 209 Amendment of Securities and Futures Act 2001</title><description>Amendment of Securities and Futures Act 2001 Section 2(1) of the Securities and Futures Act 2001 is amended — by inserting, immediately after the definition of franchise , the foll...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr210-</link><title>Financial Services and Markets Act 2022 - 210 Amendment of Trust Companies Act 2005</title><description>Amendment of Trust Companies Act 2005 Section 10(2) of the Trust Companies Act 2005 is amended by deleting the words Division 2, 3, 4 or 4A of Part 4B of the Monetary Authority of ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr211-</link><title>Financial Services and Markets Act 2022 - 211 Amendment of United Nations Act 2001</title><description>Amendment of United Nations Act 2001 Section 2(2) of the United Nations Act 2001 is amended by deleting the words directions issued or regulations made by the Monetary Authority of...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr212-</link><title>Financial Services and Markets Act 2022 - 212 Amendment of Variable Capital Companies Act 2018</title><description>Amendment of Variable Capital Companies Act 2018 Section 2(1) of the Variable Capital Companies Act 2018 is amended — by inserting, immediately after the definition of financial ye...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr213-</link><title>Financial Services and Markets Act 2022 - 213 Amendment of Securities and Futures (Amendment) Act 2017</title><description>Amendment of Securities and Futures (Amendment) Act 2017 Subject to subsection (2), section 203 of the Securities and Futures (Amendment) Act 2017 is repealed. Subsection (1) only ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr214-</link><title>Financial Services and Markets Act 2022 - 214 Amendment of Financial Services and Markets Act 2022</title><description>Amendment of Financial Services and Markets Act 2022 Section 6 of the Financial Services and Markets Act 2022 is amended by deleting the definition of digital payment token instrum...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=P114-</link><title>Financial Services and Markets Act 2022 - Part 14 SAVINGS AND TRANSITIONAL PROVISIONS</title><description>Part 14 SAVINGS AND TRANSITIONAL PROVISIONS</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr215-</link><title>Financial Services and Markets Act 2022 - 215 Saving and transitional provisions in relation to amendments to Banking Act 1970</title><description>Saving and transitional provisions in relation to amendments to Banking Act 1970 For the purposes of sections 20(1)(b ) and (7) and 55ZA(1)(b )(ii) and (7)(b ) of the Banking Act 1...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr216-</link><title>Financial Services and Markets Act 2022 - 216 Saving and transitional provisions in relation to amendments to Finance Companies Act 1967</title><description>Saving and transitional provisions in relation to amendments to Finance Companies Act 1967 For the purposes of section 15(1)(c )(ii) of the Finance Companies Act 1967, the exercise...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr217-</link><title>Financial Services and Markets Act 2022 - 217 Saving and transitional provisions in relation to amendments to Financial Advisers Act 2001</title><description>Saving and transitional provisions in relation to amendments to Financial Advisers Act 2001 Any prohibition order made under section 68(1) of the Financial Advisers Act 2001 as in ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr218-</link><title>Financial Services and Markets Act 2022 - 218 Saving and transitional provisions in relation to amendments to Insurance Act 1966</title><description>Saving and transitional provisions in relation to amendments to Insurance Act 1966 Any order made under section 74(1) of the Insurance Act 1966 as in force immediately before the d...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr219-</link><title>Financial Services and Markets Act 2022 - 219 Saving and transitional provisions in relation to amendments to Monetary Authority of Singapore Act 1970</title><description>Saving and transitional provisions in relation to amendments to Monetary Authority of Singapore Act 1970 So far as it is not inconsistent with the provisions of this Act — any requ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr220-</link><title>Financial Services and Markets Act 2022 - 220 Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001</title><description>Saving and transitional provisions in relation to amendments to Securities and Futures Act 2001 For the purposes of sections 14(1)(e ), 46H(1)(da ), 56(1)(da ), 81Z(1)(da ), 95(2)(...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr221-</link><title>Financial Services and Markets Act 2022 - 221 Saving and transitional provisions in relation to amendments to Trust Companies Act 2005</title><description>Saving and transitional provisions in relation to amendments to Trust Companies Act 2005 For the purposes of section 10(2)(e ) of the Trust Companies Act 2005, the exercise of any ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=pr222-</link><title>Financial Services and Markets Act 2022 - 222 Other saving and transitional provisions</title><description>Other saving and transitional provisions For a period of 2 years after the date of commencement of any provision of this Act, the Minister may, by regulations, prescribe such addit...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=Sc1-</link><title>Financial Services and Markets Act 2022 - First Schedule Digital token services</title><description>Sections 136(1) and 190(1) Digital token services SERVICES THAT ARE DIGITAL TOKEN SERVICES Except where Part 2 of this Schedule provides otherwise, each of the following services i...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=Sc2-</link><title>Financial Services and Markets Act 2022 - Second Schedule Excluded persons</title><description>Sections 137(5)(b ) and 190(1) Excluded persons For the purpose of section 137(5)(b ), the specified persons are — any public statutory corporation established under any Act in Sin...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item><item><link>https://sso.agc.gov.sg//Acts-Supp/18-2022/Published?DocDate=20220511&amp;ProvIds=xv-</link><title>Financial Services and Markets Act 2022 - Legislative History</title><description>This Legislative History is a service provided by the Law Revision Commission on a best-efforts basis. It is not part of the Act. Act 18 of 2022 Financial Services and Markets Act ...</description><pubDate>Wed, 11 May 2022 00:00:00 +0800</pubDate></item></channel></rss>