Monetary Authority of Singapore Act |
Monetary Authority of Singapore (Resolution of Financial Institutions) (Amendment) Regulations 2019 |
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Citation and commencement |
1. These Regulations are the Monetary Authority of Singapore (Resolution of Financial Institutions) (Amendment) Regulations 2019 and come into operation on 28 January 2020. |
Amendment of regulation 2 |
2. Regulation 2 of the Monetary Authority of Singapore (Resolution of Financial Institutions) Regulations 2018 (G.N. No. S 714/2018) (called in these Regulations the principal Regulations) is amended —
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Amendment of regulation 4 |
3. Regulation 4 of the principal Regulations is amended —
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Amendment of regulation 5 |
4. Regulation 5 of the principal Regulations is amended by deleting the words “Payment Systems (Oversight) Act” in paragraph (e) and substituting the words “Payment Services Act 2019”. |
Amendment of First Schedule |
5. The First Schedule to the principal Regulations is amended —
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Amendment of Second Schedule |
6. Item 5 of the Second Schedule to the principal Regulations is deleted and the following item substituted therefor:
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Amendment of Third Schedule |
7. Item 5 of the Third Schedule to the principal Regulations is deleted and the following item substituted therefor:
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Amendment of Fourth Schedule |
8. Item 4 of the Fourth Schedule to the principal Regulations is deleted and the following item substituted therefor:
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Permanent Secretary, Prime Minister’s Office, Singapore. |
[PSR/01/2019; AG/LEGIS/SL/186/2015/11 Vol. 2] |
(To be presented to Parliament under section 126(5) of the Monetary Authority of Singapore Act). |