Singapore legislation
Regulation 15
of Significant Infrastructure Government Loan Regulations 2021
Regulation 15
Appointment of syndicate members, etc.
For any SINGA securities which a public notice specifies are to be issued under a syndication method, the MAS has to —
(a)
appoint members of the syndicate for that issue, consisting of primary dealers or other financial institutions or a combination of primary dealers and other financial institutions; and
(b)
where applicable, identify the lead manager or lead managers from among the syndicate mentioned in paragraph (a).