No. S 176
Securities and Futures Act
(CHAPTER 289)
Securities and Futures
(Markets) (Amendment)
Regulations 2012
In exercise of the powers conferred by sections 29(1), 42(1) and 341 of the Securities and Futures Act, the Monetary Authority of Singapore hereby makes the following Regulations:
Citation and commencement
1.   These Regulations may be cited as the Securities and Futures (Markets) (Amendment) Regulations 2012 and shall come into operation on 4th June 2012.
New regulation 22A
2.  The Securities and Futures (Markets) Regulations 2005 (G.N. No. S 367/2005) are amended by inserting, immediately after regulation 22, the following regulation:
Prescribed instruments, contracts and transactions
22A.  For the purposes of section 29(1)(d) of the Act, the listing or de-listing by an approved exchange of, or the permitting by an approved exchange of the trading of, any right, option or derivative —
(a)which is in respect of an index of —
(i)debentures or stocks issued or proposed to be issued by a government; or
(ii)debentures, stocks or shares issued or proposed to be issued by a corporation or body unincorporate; and
(b)which is issued by the approved exchange on any market operated by the approved exchange,
shall be subject to the approval of the Authority.”.
New regulation 23A
3.  The Securities and Futures (Markets) Regulations 2005 are amended by inserting, immediately after regulation 23, the following regulation:
Prescribed instruments, contracts and transactions requiring approval of Authority
23A.  For the purposes of section42(1)(d) of the Act, the listing or de-listing by a recognised market operator of, or the permitting by a recognised market operator of the trading of, any right, option or derivative —
(a)which is in respect of an index of
(i)debentures or stocks issued or proposed to be issued by a government; or
(ii)debentures, stocks or shares issued or proposed to be issued by a corporation or body unincorporate; and
(b)which is a right, option or derivative issued by the recognised market operator on any market operated by the recognised market operator,
shall be subject to the approval of the Authority.”.
[G.N. Nos. S 655/2005; S 689/2005; S 755/2005; S 417/2006; S 61/2007; S 446/2007; S 464/2007; S 541/2007; S 10/2008; S 218/2008; S 222/2008; S 312/2008; S 280/2009; S 178/2010; S 411/2010; S 445/2010; S 569/2010; S 117/2011; S 452/2011]
Made this 30th day of April 2012.
RAVI MENON
Managing Director,
Monetary Authority of Singapore.
[MCH 021/2000 Vol. 3; AG/LLRD/SL/289/2010/7 Vol. 1]