Provides guidance on the scope of capital markets services licensing (other than for fund management companies); appointment of representatives; business conduct rules; and the application of the SFA and SF(LCB)R to banks, merchant banks, finance companies and insurers.

How to qualify to be a CMS licensee (other than a fund manager or REIT manager).

Proposed exemption from the capital markets services licensing requirement under the SFA for remote clearing members that clear futures contracts on Singapore-based central clearing counterparties.

Consultation number:

P007-2015

Start date:

24 April 2015

Closing date:

15 May 2015

MAS response date:

05 August 2016