THE SCHEDULE
Regulation 2
Prescribed qualifying structured commodity
financing activities
1.  The following activities which relate to structured commodity financing:
(a)prepayment;
(b)factoring;
(c)forfaiting;
[S 236/2017 wef 21/05/2010]
(d)countertrade;
(e)warehouse receipt financing;
(f)export receivable financing;
(g)project finance;
(h)Islamic trade finance which is —
(i)endorsed by any Shari’ah council or body, or by any committee formed for the purpose of providing guidance on compliance with Shari’ah law; and
(ii)structured in accordance with Murabaha, Musharaka, Istisna or Salam;
(ha)streaming financing;
[S 236/2017 wef 25/03/2016]
(i)subject to paragraph 2, transacting in derivatives (for example, futures, options or swaps), to hedge against the risks relating to any of the activities referred to in sub-paragraphs (a) to (ha);
[S 236/2017 wef 25/03/2016]
(j)advisory services in relation to any of the activities referred to in sub-paragraphs (a) to (ha).
[S 236/2017 wef 25/03/2016]
2.  For the purposes of qualifying as a prescribed qualifying structured commodity financing activity under paragraph 1(i), an approved qualifying company’s transaction in derivatives must be carried out to hedge against its own risks relating to any of the activities referred to in paragraph 1(a) to (ha).
[S 236/2017 wef 25/03/2016]
3.  For the avoidance of doubt, to qualify as a prescribed qualifying structured commodity financing activity under paragraph 1(j), an approved qualifying company is not required to perform any of the activities referred to in paragraph 1(a) to (ha) relating to the advisory services it provides.
[S 236/2017 wef 25/03/2016]