Singapore legislation

Regulation 4

of Financial Advisers (Structured Deposits — Prescribed Investment Product and Exemption) Regulations

Regulation 4

Exemption

Amended byS 718/2010 wef 26/11/2010S 718/2010 wef 26/11/2010G.N. No. S 775/2005

Any person who is —

(a)

a licensed financial adviser;

(b)

an exempt financial adviser; or

(c)

a representative of a licensed financial adviser or of an exempt financial adviser,shall be exempted from complying with —

(i)

section 25 of the Act, in relation to the provision of any financial advisory service relating to any structured deposit (other than a dual currency investment) which has been prescribed under section 25(6) (definition of “designated investment product”) of the Act as a designated investment product; and

(ii)

sections 26 to 29 and 36 of the Act, in relation to the provision of any financial advisory service relating to any structured deposit (other than a dual currency investment).