No. S 156
Consumer Protection (Fair Trading) Act
(Chapter 52A)
Consumer Protection (Fair Trading) (Regulated Financial Products and Services) (Amendment) Regulations 2011
In exercise of the powers conferred by section 20 of the Consumer Protection (Fair Trading) Act, the Minister for Trade and Industry hereby makes the following Regulations:
Citation and commencement
1.  These Regulations may be cited as the Consumer Protection (Fair Trading) (Regulated Financial Products and Services) (Amendment) Regulations 2011 and shall come into operation on 1st April 2011.
Deletion and substitution of regulation 6
2.  Regulation 6 of the Consumer Protection (Fair Trading) (Regulated Financial Products and Services) Regulations 2009 (G.N. No. S 64/2009) is deleted and the following regulation substituted therefor:
Specified dispute resolution scheme
6.  For the purposes of section 7(10) of the Act, any dispute resolution scheme approved by the Monetary Authority of Singapore under section 28A of the Monetary Authority of Singapore Act (Cap. 186) shall be a specified dispute resolution scheme in respect of disputes relating to MAS-regulated financial products or services supplied by a subscriber to that dispute resolution scheme.”.

Made this 22nd day of March 2011.

OW FOONG PHENG
Second Permanent Secretary,
Ministry of Trade and Industry,
Singapore.
[121/14-1-005 PT02 V3; AG/LLRD/SL/52A/2010/2 Vol. 1]