Regulatory Alerts2011-02-09
Added
Securities And Futures (Offers Of Investments) (Exemption From Subdivisions (2) and (3) Of Division 1 Of Part XIII For REIT Bonds) Regulations 2011
The Monetary Authority of Singapore issued these regulations to exempt specific REIT bond offerings from subdivisions (2) and (3) of Division 1 of Part XIII of the Securities and Futures Act. This exemption applies to offers of securities and securities-based derivatives contracts made to the public, thereby relieving REIT managers of certain regulatory requirements for these instruments. The regulations facilitate the issuance of REIT bonds by providing a targeted exemption from the general prospectus requirements under the specified subdivisions.
Regulations
Published Date: 09 February 2011
Sets out certain exemptions from Part XIII for an offer REIT bonds.
Offers of Securities or Securities-Based Derivatives Contracts
Offers of Collective Investment Schemes
Exemptions
Applies to:
Members of Public
,
REIT Management
View Document
Securities And Futures (Offers Of Investments) (Securities And Securities-based Derivatives Contracts) (Exemption From Subdivisions (2) and (3) Of Division 1 Of Part XIII For REIT Bonds) Regulations 2011 (G.N. No. S 51/2011)