Regulatory Alerts2004-07-09
Added
Securities And Futures (Exemption Of Phillip Financial Pte Ltd And Phillip Securities Pte Ltd) Regulations 2004
The Monetary Authority of Singapore issued these regulations to grant specific exemptions to Phillip Financial Pte Ltd and Phillip Securities Pte Ltd. The exemptions apply to dealing in capital markets products, product financing, and providing custodial services in relation to the ESOS Financing Scheme. The document also outlines minimum capital, financial resources, and margin requirements alongside licensing and conduct of business criteria.
Regulations
Published Date: 09 July 2004
Securities And Futures (Exemption Of Phillip Financial Pte Ltd And Phillip Securities Pte Ltd) Regulations 2004
Sets out the exemptions for Phillip Financial Pte Ltd and Phillip Securities Ptd Ltd in relation to the ESOS Financing Scheme.
Exemptions
Applies to:
Dealing in Capital Markets Products
,
Product Financing
,
Providing Custodial Services
View Document
Securities And Futures (Exemption Of Phillip Financial Pte Ltd And Phillip Securities Pte Ltd) Regulations 2004
Sets out the minimum capital and financial resources, and other financial and margin requirements.
Sets out requirements for licensing, representative notification and conduct of business, and criteria for exemptions from licensing.