Singapore legislation

Clause 22

of Financial Advisers (Amendment) Bill

Clause 22

Amendment of Second Schedule

Paragraphs 1 and 2 of the Second Schedule to the principal Act are deleted and the following paragraphs substituted therefor:“1. Advising others, either directly or through publications or writings, and whether in electronic, print or other form, concerning any investment product, other than —

(a)

in the manner set out in paragraph 2; or

(b)

advising on corporate finance within the meaning of the Securities and Futures Act.

2. Advising others by issuing or promulgating research analyses or research reports, whether in electronic, print or other form, concerning any investment product.”.