Regulatory Alerts2018-08-14
Added
Securities and Futures (Composition of Offences) (Amendment) Regulations 2018
The Monetary Authority of Singapore issued the Securities and Futures (Composition of Offences) (Amendment) Regulations 2018 to update the regulatory framework for handling securities offences. These regulations amend Regulation 3(1) to require that the list of composition offences be published on the Authority's website rather than in a statutory schedule. Additionally, the existing Schedule to the original regulations is formally deleted to align with this change in publication method.
1 S 495/2018 First published in the Government Gazette, Electronic Edition, on 13 August 2018 at 5 pm. No. S 495 SECURITIES AND FUTURES ACT (CHAPTER 289) SECURITIES AND FUTURES (COMPOSITION OF OFFENCES) (AMENDMENT) REGULATIONS 2018 In exercise of the powers conferred by section 341 of the Securities and Futures Act, the Monetary Authority of Singapore makes the following Regulations: Citation and commencement
- These Regulations are the Securities and Futures (Composition of Offences) (Amendment) Regulations 2018 and come into operation on 14 August 2018. Amendment of regulation 3
- Regulation 3(1) of the Securities and Futures (Composition of Offences) Regulations (Rg 4) is amended by deleting the words “in the Schedule” in sub‑paragraph (a) and substituting the words “on the Authority’s website at http://www.mas.gov.sg”. Deletion of Schedule
- The Schedule to the Securities and Futures (Composition of Offences) Regulations is deleted. [G.N. Nos. S 371/2005; S 58/2008; S 711/2010; S 167/2013] Made on 6 August 2018. RAVI MENON Managing Director, Monetary Authority of Singapore. [CMI 02/2018; AG/LEGIS/SL/289/2015/45 Vol. 1]