Regulation 5

In the principal Regulations, in regulation 10, after paragraph (7), insert —“(7A) In the case of a reporting Singaporean financial institution or an investment entity that is a trust, a requirement under paragraph (1), (3) or (7) (read with paragraphs (4) and (5)) must be complied with by the trustee of the reporting Singaporean financial institution or investment entity, as the case may be.”.