Singapore legislation
Regulation 64
of Securities and Futures (Licensing and Conduct of Business) Regulations
Regulation 64
Exemption for exempt persons under section 99(1)(c) of Act in respect of regulated activity other than dealing in capital markets products that are specified OTC derivatives contracts
Amended byS 832/2020 wef 30/09/2020
Despite regulation 54(1), a person mentioned in section 99(1)(c) of the Act who, immediately before 8 October 2018, was carrying on business in any regulated activity other than dealing in capital markets products that are specified OTC derivatives contracts is, in respect of that business, exempt from regulations 26(1)(a)(i)(B)(BB) and (5), 27A, 34(2), 34A, 39(1)(da), (e) and (k) and (2)(ba), (bb), (bc), (c) and (d), 40, 47DA and 54B, until 8 October 2021.