No. S 375
Securities and Futures Act
(Chapter 289)
Securities and Futures (Financial and Margin Requirements for Holders of Capital Markets Services Licences) (Amendment No. 2) Regulations 2008
In exercise of the powers conferred by sections 86(3), 100 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 (Financial and Margin Requirements for Holders of Capital Markets Services Licences) (Amendment No. 2) Regulations 2008 and shall come into operation on 1st August 2008.
Amendment of First Schedule
2.  The First Schedule to the Securities and Futures (Financial and Margin Requirements for Holders of Capital Markets Services Licences) Regulations (Rg 13) is amended by inserting, immediately after item (5) in the table, the following item:
“
(5A) Real estate investment trust management
 
$1 million
”.
Amendment of Third Schedule
3.  Paragraph 6(2) of the Third Schedule to the Securities and Futures (Financial and Margin Requirements for Holders of Capital Markets Services Licences) Regulations is amended by deleting sub-paragraph (e) and substituting the following sub-paragraph:
“(e)the holder of a capital markets services licence under the Act to deal in securities or trade in futures contract, or for fund management or real estate investment trust management;”.
[G.N. Nos. S 372/2005; S 78/2006; S 507/2006; S 677/2006; S 445/2007; S 101/2008]

Made this 18th day of July 2008.

HENG SWEE KEAT
Managing Director,
Monetary Authority of Singapore.
[CMI 020/2008; AG/LEG/SL/289/2005/4 Vol. 1]
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