Regulation 1
Citation and commencement
These Regulations may be cited as the Financial Advisers (Exemption from Requirement to Hold Financial Adviser’s Licence) Regulations 2014 and shall come into operation on 10 December 2014.
/akn/sg/act/sub_leg/2001/FAA-S800-2014
Financial Advisers (Exemption from Requirement to Hold Financial Adviser’s Licence) Regulations 2014
The full official text, structured for quick navigation. Copy any provision or jump straight to a section.
- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 2001
- Sections
- 4
Quick answer
About this subsidiary legislation
Financial Advisers (Exemption from Requirement to Hold Financial Adviser’s Licence) Regulations 2014 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation FAA-S800-2014 2001, currently marked in force and first recorded in 2001.
Regulation 2
Definitions
Amended byS 640/2018 wef 08/10/2018S 640/2018 wef 08/10/2018
In these Regulations, unless the context otherwise requires —“accredited investor” has the same meaning as in section 4A(1)(a) of the Securities and Futures Act (Cap. 289);“Chinese futures contract” means a futures contract which is traded on an organised market regulated by the China Securities Regulatory Commission;“China Securities Regulatory Commission” means the body authorised by the State Council of the People’s Republic of China to regulate organised markets in the People’s Republic of China;“expert investor” has the same meaning as in section 4A(1)(b) of the Securities and Futures Act;[Deleted by S 640/2018 wef 08/10/2018][Deleted by S 640/2018 wef 08/10/2018]“institutional investor” has the same meaning as in section 4A(1)(c) of the Securities and Futures Act.
Definition
“accredited investor” has the same meaning as in section 4A(1)(a) of the Securities and Futures Act (Cap. 289);
Definition
“Chinese futures contract” means a futures contract which is traded on an organised market regulated by the China Securities Regulatory Commission;
Amended byS 640/2018 wef 08/10/2018
Definition
“China Securities Regulatory Commission” means the body authorised by the State Council of the People’s Republic of China to regulate organised markets in the People’s Republic of China;
Amended byS 640/2018 wef 08/10/2018
Definition
“expert investor” has the same meaning as in section 4A(1)(b) of the Securities and Futures Act;
Definition
“institutional investor” has the same meaning as in section 4A(1)(c) of the Securities and Futures Act.
Regulation 3
Exemption
For the purposes of section 23(1)(f) of the Act, J.P. Morgan Futures Co. Ltd is exempt from the requirement to hold a financial adviser’s licence when providing the financial advisory service of advising accredited investors, expert investors and institutional investors, concerning Chinese futures contracts, either directly or through publications or writings, and whether in electronic, print or other form.
Regulation 4
Exemption for foreign companies providing financial advisory services under approved arrangements with related corporations
Amended byS 640/2018 wef 08/10/2018
Subregulation 1
This regulation applies to a foreign company that, immediately before 27 February 2008, was providing financial advisory services concerning futures contracts (not being commodity futures contracts) under an arrangement with its related corporation, being an arrangement which has been and continues to be approved by the Authority under paragraph 11 of the First Schedule to the Act.
Subregulation 2
A foreign company to which this regulation applies is exempt from the requirement under section 6(1) of the Act to hold a financial adviser’s services licence to provide financial advisory services concerning commodity futures contracts under the same terms of arrangement mentioned in paragraph (1).
Subregulation 3
In this regulation, “commodity futures contract” has the meaning given by section 2 of the Commodity Trading Act (Cap. 48A) as in force immediately before 27 February 2008.
Common questions
- What is Financial Advisers (Exemption from Requirement to Hold Financial Adviser’s Licence) Regulations 2014?
- Financial Advisers (Exemption from Requirement to Hold Financial Adviser’s Licence) Regulations 2014 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation FAA-S800-2014 2001, currently marked in force and first recorded in 2001.
- Is Financial Advisers (Exemption from Requirement to Hold Financial Adviser’s Licence) Regulations 2014 still in force?
- Yes — Financial Advisers (Exemption from Requirement to Hold Financial Adviser’s Licence) Regulations 2014 is currently in force.
- When did Financial Advisers (Exemption from Requirement to Hold Financial Adviser’s Licence) Regulations 2014 take effect?
- Financial Advisers (Exemption from Requirement to Hold Financial Adviser’s Licence) Regulations 2014 was first recorded in 2001.
- How many regulations does Financial Advisers (Exemption from Requirement to Hold Financial Adviser’s Licence) Regulations 2014 have?
- Financial Advisers (Exemption from Requirement to Hold Financial Adviser’s Licence) Regulations 2014 contains 4 regulations.
- Where can I read the official version of Financial Advisers (Exemption from Requirement to Hold Financial Adviser’s Licence) Regulations 2014?
- The official text of Financial Advisers (Exemption from Requirement to Hold Financial Adviser’s Licence) Regulations 2014 is published at sso.agc.gov.sg.