Regulation 1
Citation and commencement
These Regulations are the Securities and Futures (Capital Markets Products) Regulations 2018 and come into operation on 9 July 2018.
/akn/sg/act/sub_leg/2001/SFA-S380-2018
Securities and Futures (Capital Markets Products) Regulations 2018
The full official text, structured for quick navigation. Copy any provision or jump straight to a section.
- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 2001
- Sections
- 5
Quick answer
About this subsidiary legislation
Securities and Futures (Capital Markets Products) Regulations 2018 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SFA-S380-2018 2001, currently marked in force and first recorded in 2001.
Regulation 2
Exemption from section 309B(1) of Act
An issuer is exempt from complying with section 309B(1) of the Act in relation to an offer of any capital markets products, if the offer is made to —
(a)
an accredited investor;
(b)
an expert investor;
(c)
an institutional investor; or
(d)
any other person that is not an individual.
Regulation 3
Exemption from section 309B(2) of Act
Subregulation 1
A relevant person is exempt from complying with section 309B(2) of the Act in relation to an offer of any capital markets products, if —
(a)
the offer is made to —
(i)
an accredited investor;
(ii)
an expert investor;
(iii)
an institutional investor; or
(iv)
any other person that is not an individual; or
(b)
both of the following conditions are satisfied:
(i)
the relevant person is —
(A)
a person licensed under the Financial Advisers Act (Cap. 110) to advise on any investment product;
(B)
a person who is exempt under section 23(1)(a), (b), (c), (d) or (e) of the Financial Advisers Act from holding a financial adviser’s licence; or
(C)
a person who is both a representative as defined in section 2(1) of the Act, and a representative as defined in section 2(1) of the Financial Advisers Act, of a person mentioned in sub‑paragraph (A) or (B);
(ii)
the offer is made by the relevant person in connection with the provision of a financial advisory service in respect of which —
(A)
in the case of a relevant person mentioned in sub‑paragraph (i)(A), the relevant person is exempt from complying with section 27 of the Financial Advisers Act under regulation 18A, 28(2), 31(4), 32B(1) or 34 of the Financial Advisers Regulations (Cap. 110, Rg 2);
(B)
in the case of a relevant person mentioned in sub‑paragraph (i)(B), the relevant person —
(BA)is exempt from complying with section 23(4) of the Financial Advisers Act under regulation 27A(1) of the Financial Advisers Regulations; or
(BB)is exempt from complying with section 27 of the Financial Advisers Act (as it applies to the relevant person by reason of section 23(4) of that Act) under regulation 18A, 28(3), 31(7), 32B(1) or 34 of the Financial Advisers Regulations; or
(C)
in the case of a relevant person mentioned in sub‑paragraph (i)(C), the relevant person —
(CA)is exempt from complying with section 23B(1) of the Financial Advisers Act under regulation 27A(2) of the Financial Advisers Regulations; or
(CB)is exempt from complying with section 27 of the Financial Advisers Act (as it applies to the relevant person by reason of section 37 of that Act) under regulation 18A, 28(4), 31(5) or (8), 32B(3) or 34 of the Financial Advisers Regulations.
Subregulation 2
In paragraph (1), “financial advisory service” has the same meaning as in section 2(1) of the Financial Advisers Act.
Regulation 4
Prescribed time in section 309B(3) of Act
For the purposes of section 309B(3) of the Act, the prescribed time is 21 days commencing on the date on which the change in the classification of capital markets products concerned occurred.
Regulation 5
Prescribed capital markets products
For the purposes of the definition of “prescribed capital markets products” in section 309B(10) of the Act, the Authority prescribes the classes of capital markets products specified in paragraph 1 of the Schedule.
Common questions
- What is Securities and Futures (Capital Markets Products) Regulations 2018?
- Securities and Futures (Capital Markets Products) Regulations 2018 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SFA-S380-2018 2001, currently marked in force and first recorded in 2001.
- Is Securities and Futures (Capital Markets Products) Regulations 2018 still in force?
- Yes — Securities and Futures (Capital Markets Products) Regulations 2018 is currently in force.
- When did Securities and Futures (Capital Markets Products) Regulations 2018 take effect?
- Securities and Futures (Capital Markets Products) Regulations 2018 was first recorded in 2001.
- How many regulations does Securities and Futures (Capital Markets Products) Regulations 2018 have?
- Securities and Futures (Capital Markets Products) Regulations 2018 contains 5 regulations.
- Where can I read the official version of Securities and Futures (Capital Markets Products) Regulations 2018?
- The official text of Securities and Futures (Capital Markets Products) Regulations 2018 is published at sso.agc.gov.sg.