Financial Advisers (Structured Deposits — Prescribed Investment Product and Exemption) (Amendment) Regulations 2010

Status:

Published in Subsidiary Legislation Supplement
on 26 Nov 2010

No. S 718

Financial Advisers Act

(Chapter 110)

Financial Advisers (Structured Deposits — Prescribed Investment Product and Exemption) (Amendment) Regulations 2010

In exercise of the powers conferred by sections 100(1) and 104 of the Financial Advisers Act, the Monetary Authority of Singapore hereby makes the following Regulations:

Citation and commencement

1. These Regulations may be cited as the Financial Advisers (Structured Deposits — Prescribed Investment Product and Exemption) (Amendment) Regulations 2010 and shall come into operation on 26th November 2010.

Amendment of regulation 4

2. Regulation 4 of the Financial Advisers (Structured Deposits — Prescribed Investment Product and Exemption) Regulations (Rg 7) is amended —

(a)	by deleting the words “a licensee” in paragraph (a) and substituting the words “a licensed financial adviser”; and
(b)	by inserting, immediately after the words “a representative” in paragraph (c), the words “of a licensed financial adviser or”.

Made this 25th day of November 2010.

HENG SWEE KEAT

Managing Director,
Monetary Authority of
Singapore.

[CMI 09/2008; AG/LLRD/SL/110/2010/3 Vol. 1]

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