Singapore legislation

Clause 24

of Securities and Futures (Amendment No. 2) Bill

Clause 24

Amendment of section 123

Section 123 of the principal Act is amended by inserting, immediately after paragraph (a) of subsection (2), the following paragraph:“(aa)specify requirements and restrictions relating to the granting of unsecured advance, unsecured loan or unsecured credit facility by the holder of a capital markets services licence;”.