Singapore legislation
Regulation 2
of Financial Services and Markets (Opportunity to be Heard) Regulations 2024
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 —
stating the decision the Authority intends to make that affects the person and the grounds for the decision; and
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.