Singapore legislation
Section 338
Section 338
Power to make regulations giving effect to treaty, etc.
(1)
Without limiting section 341, 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 securities and derivatives industry or to financial benchmarks, to which Singapore or the Authority is a party.
(2)
Without limiting subsection (1), such regulations may provide for —
exemptions from the requirements relating to licensing, approval or registration of any person, the recognition of recognised market operators or the lodgment or registration of any document under this Act;
exemptions from any requirement in Part 13;
the application of this Act with such modifications as may be necessary;
the revocation or withdrawal of any exemption granted; and
the variation of any condition or restriction imposed in connection with the granting of any exemption under this Act.