Securities and Futures (Offers of Investments) (Securities and Securities-based Derivatives Contracts) (Amendment) Regulations 2021

Status:

Published in Subsidiary Legislation Supplement
on 30 Jun 2021

No. S 470

Securities and Futures Act

(CHAPTER 289)

Securities and Futures
(Offers of Investments) (Securities and
Securities‑based Derivatives Contracts)
(Amendment) Regulations 2021

In exercise of the powers conferred by section 341 of the Securities and Futures Act, the Monetary Authority of Singapore makes the following Regulations:

Citation and commencement

1. These Regulations are the Securities and Futures (Offers of Investments) (Securities and Securities‑based Derivatives Contracts) (Amendment) Regulations 2021 and come into operation on 1 July 2021.

Amendment of Twenty‑First Schedule

2. Paragraph 5 of the Twenty‑First Schedule to the Securities and Futures (Offers of Investments) (Securities and Securities‑based Derivatives Contracts) Regulations 2018 (G.N. No. S 664/2018) is amended by deleting the definition of “merchant bank” and substituting the following definition:

“ “merchant bank” means any merchant bank that holds a merchant bank licence, or is treated as having been granted a merchant bank licence, under the Banking Act.”.

[G.N. Nos. S 824/2018; S 132/2019; S 831/2020]

Made on 29 June 2021.

RAVI MENON

Managing Director,
Monetary Authority of Singapore.

[CFC CFI SP/2021/02 PT3; AG/LEGIS/SL/289/2020/6 Vol. 1]

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