Singapore legislation
Regulation 29
of Financial Services and Markets (Resolution of Financial Institutions) Regulations 2024
Regulation 29
Information under section 84(4) of Act
For the purposes of section 84(4) of the Act, the bail‑in certificate must specify the following information:
the name of the Division 6 FI;
where the certificate provides for the cancellation of one or more eligible instruments issued by the Division 6 FI, or to which it is a party or is subject, details of the eligible instrument or instruments to be cancelled, including the types or classes of the eligible instrument or instruments;
where the certificate provides for the modification, conversion, or change in form of one or more eligible instruments issued by the Division 6 FI, or to which it is a party or is subject, details of the eligible instrument or instruments to be modified, converted or changed in form, including the types or classes of the eligible instrument or instruments;
where the certificate provides that one or more eligible instruments issued by the Division 6 FI, or to which it is a party or is subject, is or are to have effect as if a right of modification, conversion or change in form had been exercised under the eligible instrument or instruments —
details of the right of modification, conversion or change in form and its effect on the eligible instrument or instruments; and
details of the eligible instrument or instruments that is or are to have that effect, including the types or classes of the eligible instrument or instruments.