53. Interpretation of this Part

In this Part, unless the context otherwise requires —“enforce” means enforce through criminal, civil or administrative proceedings;“enforcement” means the taking of any action to enforce a law or regulatory requirement against a specified person, being a law or regulatory requirement that relates to the financial holding companies in the foreign country of the regulatory authority concerned;“foreign country” means a country or territory other than Singapore;“investigation” means an investigation to determine if a specified person has contravened or is contravening a law or regulatory requirement, being a law or regulatory requirement that relates to the financial holding companies in the foreign country of the regulatory authority concerned;“material” includes any book or information in any form whatsoever, and any container or article relating thereto;“prescribed written law” means this Act, or any of the following written laws and any subsidiary legislation made thereunder:

Banking Act (Cap. 19);

Finance Companies Act (Cap. 108);

Financial Advisers Act (Cap. 110);

Financial Services and Markets Act 2022;

Insurance Act (Cap. 142);

Monetary Authority of Singapore Act (Cap. 186);

Payment Services Act 2019;

Securities and Futures Act (Cap. 289); or

such other Act as the Authority may prescribe;“regulatory authority”, in relation to a foreign country, means an authority of the foreign country exercising any function that corresponds to a regulatory function of the Authority under this Act;“supervision”, in relation to a regulatory authority, means the taking of any action for or in connection with the supervision of a subject-matter in the foreign country of the regulatory authority similar to that to which this Act pertains.