SC - Guidelines

1.

Guidelines On Unit Trust Funds

SC issued revised Guidelines on Unit Trust Funds which superseded the Guidelines issued on 28 November 2022. The Guidelines set out the requirements to be complied with by any person seeking authorisation under the Capital Markets and Services Act 2007 to make available, offer for subscription or purchase, or issue an invitation to subscribe for or purchase a unit trust fund.

Please click on the following for further details:

• Guidelines on Unit Trust Funds
• Summary of Amendments

2.

Guidelines On Product Highlights Sheet

SC issued revised Guidelines on Product Highlights Sheet which superseded the Guidelines issued on 5 February 2024. The Guidelines apply to all unlisted capital market products, except the following:

(a) Shares;
(b) Debentures other than corporate bonds, asset-backed securities and structured products; and
(c) Over the counter (OTC) derivatives contracts entered for hedging purposes.

Please click on the following for further details:

• Guidelines on Product Highlights Sheet
• Summary of Amendments
• FAQs

3.

Guidelines on Private Retirement Schemes

SC issued revised Guidelines on Private Retirement Schemes (PRS) which superseded the Guidelines issued on 28 November 2022. The Guidelines set out requirements that must be complied with by a PRS Provider and a Scheme Trustee in relation to PRS.

Please click on the following for further details:

• Guidelines on Private Retirement Schemes
• Summary of Amendments

4.

Guidelines on Conduct for Capital Market Intermediaries

SC issued Guidelines on Conduct for Capital Market Intermediaries which superseded the Guidelines issued on 29 March 2024. The Guidelines set out general conduct requirements that must be adhered to by a capital market intermediary and its representatives, insofar as applicable, when carrying on or providing a capital market related service.

Please click on the following for further details:

• Guidelines on Conduct for Capital Market Intermediaries
• Summary of Amendments
• FAQs

5.

Licensing Handbook

SC issued Licensing Handbook which superseded the Handbook issued on 5 February 2024. The handbook sets out:

The handbook sets out:
(a) the single licensing regime under the CMSA;
(b) the criteria to be met for applying and varying a licence;
(c) the application procedures; and
(d) ongoing obligations imposed on licensed persons, including conditions and restrictions attached to a licence.

Please click on the following for further details:

• Licensing Handbook
• Summary of Amendments
• FAQs