Singapore legislation
Regulation 2
Regulation 2
Definitions
In this Notification —“financial institution” means an institution licensed or approved by the Monetary Authority of Singapore, and includes an institution —
that is a Fund Manager approved under section 43A of the Act;
that has a Financial and Treasury Centre that is approved under section 43E of the Act; and
that is approved as a financial sector incentive (fund management) company under section 43J of the Act;“related party”, in relation to a financial institution, means any other person who, directly or indirectly, controls the financial institution, or is controlled, directly or indirectly, by the financial institution, or where the financial institution and that other person are, directly or indirectly, under the control of a common person.
Definition
“financial institution” means an institution licensed or approved by the Monetary Authority of Singapore, and includes an institution —
that is a Fund Manager approved under section 43A of the Act;
that has a Financial and Treasury Centre that is approved under section 43E of the Act; and
that is approved as a financial sector incentive (fund management) company under section 43J of the Act;
Definition
“related party”, in relation to a financial institution, means any other person who, directly or indirectly, controls the financial institution, or is controlled, directly or indirectly, by the financial institution, or where the financial institution and that other person are, directly or indirectly, under the control of a common person.