E-Services platforms are online platforms that provide additional investment channels for investors via the partnership formed between e-payment, e-wallet and e-commerce providers with Capital Markets Services License holders to distribute capital market products. Following the amendment to the SC’s Guidelines on Recognized Markets on “e-Services platform”, the chapter details the registration requirements and ongoing obligations for e-service providers.
E-wallets or e-payment operators which are currently subject to the oversight of another sectoral regulator will be required to obtain the prior approval from the said regulator before submitting their application to the SC.
Key regulation for E-services operators can be found in the
Guidelines on Recognized Markets, in addition to other relevant regulations and guidelines.
Find out more about the list of registered E-Services HERE.