Singapore legislation
Regulation 23
of Monetary Authority of Singapore (Book-Entry MAS Securities and Primary Dealers) Regulations 2013
Regulation 23
Private placements
Subregulation 1
These Regulations do not apply to any issue of book‑entry MAS securities which is not offered to the public for purchase by way of a public notice.
Subregulation 2
The manner in which, and the terms and conditions under which, the book‑entry MAS securities mentioned in paragraph (1) may be issued are to be as determined by the Authority.