FAQs
FAQs on Section 6 of the Insurance Act and Section 33 of the Financial Advisers Act
Provides guidance on the circumstances under which a financial adviser can provide marketing materials and advice on life products offered by unlicensed insurers, as well as placing risks with unlicensed insurers.
Related to this Item
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NoticesLast Revised Date: 05 October 2018
Notice SFA 04-N07 Prohibited Representations Made by Exempt Persons Under the 2nd Schedule to the Securities & Futures (Licensing & Conduct of Business) Regulations
Stipulates the prohibited representations by exempt persons.
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ConsultationsPublished Date: 16 June 2009
Policy Consultation on Amendments to the Securities and Futures (Licensing and Conduct of Business) Regulations and the Financial Advisers Regulations
Proposed revisions to both sets of regulations, in respect of registers of interests in securities, definition of customer assets, exemptions for dealing activities and maximum penalty under the general penalty provision. The paper also clarifies the types of forms to be maintained under these regulations.
- Consultation number:
- P007 - 2009
- Start date:
- 16 June 2009
- Closing date:
- 15 July 2009
- MAS response date:
- 19 October 2010