Singapore legislation

Section 196

of Securities and Futures Act 2001

Section 196

Application of this Division

Amended by4/2017

This Division applies to —

(a)

acts occurring within Singapore in relation to —

(i)

securities or securities‑based derivatives contracts of any corporation, whether formed or carrying on business in Singapore or elsewhere;

(ii)

securities or securities‑based derivatives contracts of any business trust;

(iii)

securities or securities‑based derivatives contracts listed for quotation or quoted on an organised market in Singapore or elsewhere;

(iv)

units in a collective investment scheme listed for quotation or quoted on an organised market in Singapore or elsewhere;

(v)

derivatives contracts, whether traded in Singapore or elsewhere;

(vi)

spot foreign exchange contracts for purposes of leveraged foreign exchange trading, whether traded in Singapore or elsewhere; or

(vii)

any other capital markets products, whether traded in Singapore or elsewhere; and

(b)

acts occurring outside Singapore in relation to —

(i)

securities or securities‑based derivatives contracts of a corporation that is formed or carrying on business in Singapore;

(ii)

securities or securities‑based derivatives contracts of a business trust, the trustee of which is formed in Singapore or carries on business on behalf of the business trust in Singapore;

(iii)

securities or securities‑based derivatives contracts listed for quotation or quoted on an organised market in Singapore;

(iv)

units in a collective investment scheme listed for quotation or quoted on an organised market in Singapore;

(v)

derivatives contracts traded in Singapore;

(vi)

spot foreign exchange contracts for purposes of leveraged foreign exchange trading that are traded in or accessible from Singapore; or

(vii)

any other capital markets products that are traded in Singapore.

Section 196 — Securities and Futures Act 2001 | laws.sg