Financial Advisers Act |
Financial Advisers (Structured Deposits — Prescribed Investment Product and Exemption) Regulations 2004 |
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Citation and commencement |
1. These Regulations may be cited as the Financial Advisers (Structured Deposits — Prescribed Investment Product and Exemption) Regulations 2004 and shall come into operation on 1st June 2005. |
Definitions |
2. In these Regulations, unless the context otherwise requires —
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Structured deposit |
Prescribed investment product |
4. For the purposes of the definition of “investment product” in section 2(1) of the Act, the Authority hereby prescribes any structured deposit as an investment product. |
Exemption |
5. The following persons shall be exempted from complying with sections 25 to 29 and 36 of the Act, in relation to the provision of any financial advisory service relating to any structured deposit:
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Made this 7th day of October 2004.
Managing Director, Monetary Authority of Singapore. |
[MCD MCP 029/2003; AG/LEG/SL/110/2002/1 Vol. 2] |