Securities and Futures (Licensing and Conduct of Business) Regulations 2002
Table of Contents
Enacting Formula
Part I PRELIMINARY
1 Citation and commencement
2 Definitions
Part II Licensing and related Matters
3 Forms
4 Change of place at which register of interests in securities is kept
5 Change of particulars of representative
6 Fees
7 Deposit to be lodged in respect of capital markets services licence to deal in securities
8 Return of deposit
9 Lapsing of licence
10 Change of principal
11 Return of licence
12 Application for appointment of chief executive officer and director
13 Duties of chief executive officer and director
14 Exemptions from requirement to hold licence
Part III CUSTOMER’S MONEYS AND ASSETS
Division 1 — Definitions
15 Definitions of this Part
Division 2 — Customer’s Moneys
16 Money received on account of customer
17 Maintenance of trust account with specified financial institutions
18 Notification and acknowledgment from specified financial institutions
19 Customer’s money held with a clearing house, etc.
20 Investment of moneys received on account of customers
21 Withdrawal of money from trust account
22 Interest arising from trust account, etc.
23 Placement of licensee’s own money in trust account
24 No effect on lawful claims or liens
Division 3 — Customer’s Assets
25 Application of this Division
26 Duties of holder on receipt of customer’s assets
27 Maintenance of custody account with specified custodians
28 Notification and acknowledgment from specified custodians
29 Suitability of custodian
30 Customer’s assets held with clearing house, etc.
31 Customer agreement
32 Custody agreement
33 Lending of customer’s securities
34 Mortgage of customer’s assets
35 Withdrawal of customer’s assets
36 No effect on lawful claims or liens
Division 4 — Miscellaneous
37 Daily computation for trust accounts and custody accounts
38 Customer’s moneys and assets held by clearing house
Part IV CONDUCT OF BUSINESS
39 Books of holder of capital markets services licence
40 Provision of statement of account to customers
41 Documentation required by Authority, futures exchange or clearing house
42 Contract notes
43 Limits for unsecured credit and credit facilities
44 Time stamping requirements
45 Securities borrowing and lending
46 Advertisement
47 Trading standards
Part V DEALING IN GOVERNMENT SECURITIES
48 Compliance with Rules and Market Practices
Part VI MISCELLANEOUS
49 Exemption from sections 120 and 121 of Act for professional participants
50 Exemption for market-makers
51 Position limit
52 Non-applicability of section 339 (2) of Act under certain circumstances
53 Exemption for SGXLink Pte Ltd
54 Banks, merchant banks and finance companies
55 Offences