Singapore legislation
Regulation 8
of Securities and Futures (Central Depository System) Regulations 2015
Regulation 8
No law requiring proper instrument of transfer and documents evidencing title to validate transfer of securities applies to transfer of book-entry securities
Where in any written law or rule of law it is provided that, in a contract to transfer title to a security, the transferor must execute and deliver a proper instrument of transfer together with the documents evidencing title relating to the security, such written law or rule of law does not apply to the transfer of a book‑entry security.