Singapore legislation
Regulation 5A
of Securities and Futures (Market Conduct) (Exemptions) Regulations 2006
Regulation 5A
Exemption from section 218(3) of Act in certain circumstances
Subregulation 1
Section 218(3) of the Act does not apply to a person who is connected to a corporation and who possesses information concerning the corporation, which is information described in section 218(1)(a) of the Act, if none of the capital markets products of the corporation are traded on an organised market of an approved exchange.
Subregulation 2
Section 218(3) of the Act does not apply to a person who is connected to a corporation that is the trustee of, or manages or operates, a business trust, and who possesses information concerning the corporation or business trust, which is information described in section 218(1A)(b)(i) of the Act, if none of the capital markets products of the corporation and business trust are traded on an organised market of an approved exchange.