In forceAmended2004 Revised EditionCurrent version · 2004 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Securities and Futures (Financial and Margin Requirements for Holders of Capital Markets Services Licences) Regulations · 2004 Revised Edition · Part V · Reserve Fund and Other Financial Requirements
20. Reduction in paid-up ordinary share capital or paid-up irredeemable and non-cumulative preference share capital
Feedback & supportAmended
Last amended by an amending law of 2013. 2 amendments in all.
The holder of a licence that is incorporated in Singapore shall not reduce its paid-up ordinary share capital or paid-up irredeemable and non-cumulative preference share capital without the prior written approval of the Authority.