Regulatory Alerts2013-08-01
Added
Securities and Futures (Clearing Facilities) (Amendment) Regulations 2015
The Monetary Authority of Singapore issued the Securities and Futures (Clearing Facilities) (Amendment) Regulations 2015 to amend the Second Schedule of the principal 2013 Regulations. These regulations specifically insert a new paragraph designating Eurex Clearing Asia Pte. Ltd. as a recognized clearing facility with a prescribed capital requirement of $110,000. The amendments were made on 6 July 2015 and came into operation on 8 July 2015.
No. S 425 SECURITIES AND FUTURES ACT (CHAPTER 289) SECURITIES AND FUTURES (CLEARING FACILITIES) (AMENDMENT) REGULATIONS 2015 In exercise of the powers conferred by sections 81Q and 341 of the Securities and Futures Act, the Monetary Authority of Singapore makes the following Regulations: Citation and commencement
- These Regulations may be cited as the Securities and Futures (Clearing Facilities) (Amendment) Regulations 2015 and come into operation on 8 July 2015. Amendment of Second Schedule
- Item 2 of the Second Schedule to the Securities and Futures (Clearing Facilities) Regulations 2013 (G.N. No. S 464/2013) is amended by inserting, immediately after paragraph (d), the following paragraph: “ (e) Eurex Clearing Asia Pte. Ltd. $110,000 ”. [G.N. No. S 296/2014] Made on 6 July 2015. RAVI MENON Managing Director, Monetary Authority of Singapore. [MPI MIS 03-2014 Vol 1; AG/LEGIS/SL/289/2015/3 Vol. 1]