Monetary Authority of Singapore (Dispute Resolution Schemes) (Amendment) Regulations 2012

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Published in Subsidiary Legislation Supplement
on 17 Jan 2012

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No. S 17

Monetary Authority of Singapore Act

(CHAPTER 186)

Monetary Authority of Singapore
(Dispute Resolution Schemes) (Amendment)
Regulations 2012

In exercise of the powers conferred by section 28A(2) and (6) of the Monetary Authority of Singapore Act, the Monetary Authority of Singapore hereby makes the following Regulations:

Citation and commencement

1. These Regulations may be cited as the Monetary Authority of Singapore (Dispute Resolution Schemes) (Amendment) Regulations 2012 and shall come into operation on 17th January 2012.

Amendment of Second Schedule

2. The Second Schedule to the Monetary Authority of Singapore (Dispute Resolution Schemes) Regulations 2007 (G.N. No. S 436/2007) is amended —

(a)

by deleting the word “or” at the end of paragraph 6(a) of Part I;

(b)

by inserting, immediately after sub-paragraph (a) of paragraph 6 of Part I, the following sub-paragraph:

“(aa)

whose licence relates only to the regulated activity of providing credit rating services; or”; and

(c)

by inserting, immediately after the definition of “institutional investor” in Part II, the following definition:

“ “providing credit rating services” has the same meaning as in the Second Schedule to the Securities and Futures Act (Cap. 289);”.

[G.N. Nos. S 749/2007; S 290/2009]

Made this 6th day of January 2012.

RAVI MENON

Managing Director,
Monetary Authority of Singapore.

[CMD MCP 04/2010; AG/LLRD/SL/186/2010/4 Vol. 1]