Regulatory Alerts2015-12-31
Added
Securities and Futures (Central Depository System) Regulations 2015
The Monetary Authority of Singapore issued these Regulations to establish the legal framework for the Central Depository System under the Securities and Futures Act. The rules define the duties of the Depository and depository agents, govern the transfer and transmission of book-entry securities, and mandate specific record-keeping and audit procedures. Additionally, the Regulations outline the creation of security interests, fee approvals, and transitional provisions to ensure orderly market operations.
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