Singapore legislation

Section 134

of Financial Advisers Act 2001

Section 134

Power to make regulations giving effect to treaty, etc.

(1)

Without limiting section 135(1), the Authority may make regulations prescribing the matters necessary or expedient to give effect, in Singapore, to the provisions of any treaty, convention, arrangement, memorandum of understanding, exchange of letters or other similar instrument relating to the provision of any financial advisory service, to which Singapore or the Authority is a party.

(2)

Without limiting subsection (1), such regulations may provide for —

(a)

exemptions from the requirements relating to licensing, approval or registration requirements under this Act;

(b)

the application of the provisions of this Act with such modifications as may be necessary; and

(c)

the revocation or withdrawal of, or the variation of any condition or restriction imposed in connection with, any exemption granted under this Act.[103