Singapore legislation
Clause 93
Clause 93
Notification of change of particulars
(1)
Where —
the holder of a capital markets services licence ceases to carry on business in any of the regulated activities to which the licence relates;
the holder of a representative’s licence ceases to be a representative of the principal in relation to whom the representative’s licence was issued; or
a change occurs in any matter particulars of which are required by section 94 to be entered in the register of licensed persons in relation to the licensed person,the licensed person shall, not later than 14 days after the occurrence of the event concerned, give to the Authority, in the prescribed form and manner, particulars in writing of the event concerned.
(2)
Where a licensed person ceases to carry on, or ceases to act as a representative in carrying on, business in all the regulated activities to which the licence relates, it shall forthwith return the licence to the Authority.