Regulatory Alerts2015-01-02
Added
Securities And Futures (Offers Of Investments) (Collective Investment Schemes) Regulations 2005
The Monetary Authority of Singapore issues these regulations to set out requirements for offers of units in collective investment schemes, including trust deed covenants, prospectus contents, and advertising standards. The framework establishes best practices for managers, trustees, and custodians regarding the management, operation, and marketing of schemes offered to the retail public. It also defines obligations for authorized managers concerning unit cancellations and provides guidance on compliance with approval and reporting timelines.
Regulations
Published Date: 02 January 2015
Securities And Futures (Offers Of Investments) (Collective Investment Schemes) Regulations 2005 (G.N. No. S 602/2005)
Sets out the requirements for an offer of units in a collective investment scheme, including amongst others, covenants to be included in the trust deed, the prescribed contents in a prospectus, advertising requirements, and restricted schemes.
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Securities And Futures (Offers Of Investments) (Collective Investment Schemes) Regulations 2005 (G.N. No. S 602/2005)
Sets out the best practices that managers, approved trustees, VCC directors and VCC custodians of collective investment schemes offered to retail public are expected to observe on management, operation and marketing of the schemes.
This Compliance Toolkit aims to guide and facilitate REIT managers’ compliance with the various MAS approval and reporting requirements and timelines.
Form for entities applying to be a trustee for collective investment schemes.
Sets out the obligations of authorised CIS managers and other relevant persons in relation to a cancellation of the purchase of units in an authorised CIS by an investor.
Information for issuers and their professional advisers on offers of collective investment schemes in Singapore.
This consultation sets out MAS' proposed subsidiary legislation for a new corporate structure that is tailored for collective investment schemes, known as the variable capital company (VCC).
Start date:
30 April 2019
Closing date:
30 May 2019
MAS response date:
15 January 2020
Requirements for responsible persons of restricted schemes to lodge annual declarations through CISNet.
Guidelines on maintaining records of approval for advertisements or publications in respect of offers of securities, units of business trust or units in a collective investment scheme.
Consultation number:
P008 - 2017
Start date:
28 April 2017
Closing date:
02 June 2017
MAS response date:
28 September 2018
Consultation number:
P006 2017
Start date:
23 March 2017
Closing date:
24 April 2017
MAS response date:
10 September 2018
Consultation on Draft Regulations Pursuant to the Securities and Futures Act (SFA) and Financial Advisers Act (FAA).
Consultation number:
P009 - 2013
Start date:
17 September 2013
Closing date:
17 October 2013
MAS response date:
08 June 2018
Proposed regulatory treatment of closed-end funds and amendments to the collective investment scheme regulations to (a) enhance disclosure requirements in a prospectus and (b) to require an information memorandum to be furnished to investors for offers of restricted schemes
Consultation number:
P026 - 2012
Start date:
26 December 2012
Closing date:
24 January 2013
MAS response date:
01 April 2013
The application form for authorisation of a collective investment scheme (Form 1) is accessible on the OPERA website.
The application form for recognition of a collective investment scheme (Form 2) is accessible on the OPERA website.
The general lodgment form for prospectus of collective investment schemes is accessible on the OPERA website.