Regulation 1
Citation and commencement
These Regulations are the Credit Bureau Regulations 2021 and come into operation on 31 May 2021.
Loading…
The full official text, structured for quick navigation. Copy any provision or jump straight to a section.
Credit Bureau Regulations 2021 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation CBA-S349-2021 2016, currently marked in force and first recorded in 2016.
Part 1
Citation and commencement
These Regulations are the Credit Bureau Regulations 2021 and come into operation on 31 May 2021.
Definition
In these Regulations, “renewal deadline”, in respect of a licence, means the date 6 months before the date of expiry of the licence.
Forms
The forms mentioned in these Regulations are those set out on the Authority’s website at http://www.mas.gov.sg, and any reference in these Regulations to a numbered form is a reference to the current version of the form set out on that website bearing the corresponding number.
Any document required to be lodged with the Authority under any provision of the Act or these Regulations must be lodged in the relevant form and in the manner specified in the website mentioned in paragraph (1), or the manner specified by the Authority.
All forms must be completed in the English language and in accordance with the directions specified in the form or by the Authority.
The Authority may refuse to accept any form if —
the form is not completed or lodged in accordance with this regulation; or
where a fee is specified in the Schedule for the matter in respect of which the form is lodged — the form is not accompanied by the fee.
Where strict compliance with any form is not possible, the Authority may allow for the necessary modifications to be made to that form, or for the requirements of that form to be complied with in any other manner that the Authority thinks fit.
Fees
The fees specified in the third column of the Schedule are payable to the Authority in respect of the matters set out in the second column of that Schedule on a non-refundable basis.
Payment of fees under these Regulations must be made —
through any electronic funds transfer system that the Authority may designate from time to time; or
in any other form or manner that the Authority allows.
Part 2
Application for licence
An application for the grant of a licence must be in Form 1 and must be lodged with the Authority together with any relevant document or information as may be specified in the Form or by the Authority.
Renewal of licence
An application for the renewal of a licence must be in Form 2 and must be lodged with the Authority together with any relevant document or information as may be specified in the Form or by the Authority.
Part 3
Opportunity to be heard
Where the Act provides for a person to be given an opportunity to be heard by the Authority, the Authority must post or deliver to that person a notice —
stating the decision the Authority intends to make that affects the person and the grounds for the decision; and
inviting the person to give to the Authority, within the period specified in the notice (not being less than 10 days after the date of the receipt of the notice), a written statement, accompanied by relevant supporting documents, as to why the Authority should reconsider the decision the Authority intends to make.
Any written statement mentioned in paragraph (1)(b) must be signed by the person to whom the opportunity to be heard is given, a duly authorised employee of that person, or an advocate and solicitor acting for that person.
The Authority must consider any written statement and relevant supporting document mentioned in paragraph (1)(b) in making its decision.
In this regulation, “decision” includes any action of, direction by or order issued by the Authority under the Act.
If one provision's text doesn't match the official source, use Suggest a fix beside that provision — it opens an editor next to the source document. For anything else — a missing amendment, a broken link, out-of-date content, or a removal request — report it here.