Singapore legislation

Regulation 4

of Securities and Futures (Licensing and Conduct of Business) Regulations

Regulation 4

Amended byS 667/2018 wef 08/10/2018S 667/2018 wef 08/10/2018S 667/2018 wef 08/10/2018S 667/2018 wef 08/10/2018S 667/2018 wef 08/10/2018S 667/2018 wef 08/10/2018S 503/2012 wef 19/11/2012S 667/2018 wef 08/10/2018

Subregulation 1

Amended byS 667/2018 wef 08/10/2018S 667/2018 wef 08/10/2018S 667/2018 wef 08/10/2018

Each of the following persons (referred to in this regulation and regulation 4A as a relevant person), namely:

(a)

a holder of a capital markets services licence to deal in capital markets products that are listed specified products;

(b)

a holder of a capital markets services licence to advise on corporate finance;

(c)

a holder of a capital markets services licence for fund management;

(d)

a holder of a capital markets services licence for real estate investment trust management;

(e)

a holder of a capital markets services licence for providing credit rating services;

(f)

a representative of a holder of a capital markets services licence referred to in sub-paragraph (a), (b), (c), (d) or (e),shall —

(i)

maintain in a register of his interests in listed specified products;

(ii)

enter into the register, within 7 days after the date that he acquires any interest in listed specified products, particulars of the listed specified products in which he has an interest and particulars of his interests in those listed specified products;

(iii)

retain that entry in an easily accessible form for a period of not less than 5 years after the date on which such entry was first made; and

(iv)

ensure that a copy of the register is kept in Singapore.

Subregulation 2

Amended byS 667/2018 wef 08/10/2018

Where there is a change in any interest in listed specified products of a relevant person, the relevant person shall —

(a)

enter in the register, within 7 days after the date of the change, particulars of the change including the date of the change and the circumstances by reason of which the change has occurred; and

(b)

retain that entry in an easily accessible form for a period of not less than 5 years after the date on which such entry was first made.

Subregulation 3

Amended byS 667/2018 wef 08/10/2018

A relevant person shall, upon the Authority’s request —

(a)

produce for the Authority’s inspection the register of his interests in listed specified products; and

(b)

allow the Authority to make a copy of, or take extracts from, the register.

Subregulation 4

Amended byS 667/2018 wef 08/10/2018

The Authority may provide a copy of an extract of a register obtained under paragraph (3) to any person who, in the opinion of the Authority, should in the public interest be informed of the dealing in listed specified products disclosed in the register.

Subregulation 5

Amended byS 503/2012 wef 19/11/2012S 667/2018 wef 08/10/2018

In this regulation and regulation 4A, “listed specified products” means specified products that are listed for quotation, or quoted on an organised market that is operated by an approved exchange or a recognised market operator.

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