Regulation 1
Citation and commencement
These Regulations are the Financial Services and Markets (Opportunity to be Heard) Regulations 2024 and come into operation on 31 July 2024.
/akn/sg/act/sub_leg/2022/FSMA-S619-2024
Financial Services and Markets (Opportunity to be Heard) Regulations 2024
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 2022
- Sections
- 2
Quick answer
About this subsidiary legislation
Financial Services and Markets (Opportunity to be Heard) Regulations 2024 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation FSMA-S619-2024 2022, currently marked in force and first recorded in 2022.
Regulation 2
Opportunity to be heard
Subregulation 1
Where the Act provides for a person to be given an opportunity to be heard by the Authority, the Authority must send that person a notice —
(a)
stating the decision the Authority intends to make that affects the person and the grounds for the decision; and
(b)
inviting the person to give the Authority, within the period specified in the notice (not being less than 10 days after the date of the receipt of the notice), a written statement, accompanied by relevant supporting documents, as to why the Authority should reconsider the decision the Authority intends to make.
Subregulation 2
Any written statement mentioned in paragraph (1)(b) must be signed by the person to whom the opportunity to be heard is given, a duly authorised employee of that person, or an advocate and solicitor acting for that person.
Subregulation 3
The Authority must consider any written statement and supporting documents mentioned in paragraph (1)(b) in making its decision.
Subregulation 4
In this regulation, “decision” includes any action of, direction by or order issued by the Authority under the Act.
Common questions
- What is Financial Services and Markets (Opportunity to be Heard) Regulations 2024?
- Financial Services and Markets (Opportunity to be Heard) Regulations 2024 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation FSMA-S619-2024 2022, currently marked in force and first recorded in 2022.
- Is Financial Services and Markets (Opportunity to be Heard) Regulations 2024 still in force?
- Yes — Financial Services and Markets (Opportunity to be Heard) Regulations 2024 is currently in force.
- When did Financial Services and Markets (Opportunity to be Heard) Regulations 2024 take effect?
- Financial Services and Markets (Opportunity to be Heard) Regulations 2024 was first recorded in 2022.
- How many regulations does Financial Services and Markets (Opportunity to be Heard) Regulations 2024 have?
- Financial Services and Markets (Opportunity to be Heard) Regulations 2024 contains 2 regulations.
- Where can I read the official version of Financial Services and Markets (Opportunity to be Heard) Regulations 2024?
- The official text of Financial Services and Markets (Opportunity to be Heard) Regulations 2024 is published at sso.agc.gov.sg.