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In forceAs enacted

Subsidiary Legislation

Financial Holding Companies Regulations 2022

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Part 1

Preliminary

Official textFrom Singapore Statutes Online, unchanged

reg 1Citation and commencement

These Regulations are the Financial Holding Companies Regulations 2022 and come into operation on 30 June 2022.

reg 2Definitions

In these Regulations, unless the context otherwise requires —“designated FHC” or “DFHC” means a designated financial holding company;“FHC” means a financial holding company;“major stake”, in relation to a DFHC, has the meaning given by section 31(10) of the Act;“subsidiary”, other than in relation to an FHC, has the meaning given by section 5 of the Companies Act 1967.

“designated FHC” or “DFHC” means a designated financial holding company;

“FHC” means a financial holding company;

“major stake”, in relation to a DFHC, has the meaning given by section 31(10) of the Act;

“subsidiary”, other than in relation to an FHC, has the meaning given by section 5 of the Companies Act 1967.

Part 2

Equity Investments and Immovable Property

Part 3

Major Stakes

Part 4

Limitation of Mutual Shareholdings