REGULATION

To ensure trust and confidence in the capital market, the SC regulates the capital market based on the principles of transparency and proportionality to commensurate with the risks posed.

We actively update and enforce our regulations and securities laws to ensure that the capital market operates in a fair and orderly manner as well as to reduce systemic risks. Here you will find a list of our Acts, guidelines, consultation papers, frequently asked questions on our regulations, technical notes, updates on our enforcement actions as well as licensing information.

acts

Latest on Regulation

9 July 2021

Guidelines on Sustainable and Responsible Investment Funds

These Guidelines set out the additional requirements to be complied with by any new or existing funds seeking to qualify as an SRI fund. It draws upon and adopts best international practices and is not intended to define or create a standard on sustainable and responsible investment products. However, management companies and fund managers are encouraged to keep abreast of global developments and adopt international best practices to meet client expectations on sustainability.

5 July 2021

Offer of Shares by Unlisted Public Companies to Sophisticated Investors

These Guidelines are aimed at ensuring that there are controls established to ensure any offering including any marketing or distribution of its shares by a UPC to sophisticated investors are carried out in compliance with regulatory requirements. These Guidelines also imposes notification and reporting obligations on the UPC for such offerings.

Effective Date upon 1st Issuance: 1 August 2021

5 July 2021

Guidelines on Compliance Function for Fund Management Companies

These Guidelines are aimed at ensuring that there are controls and compliance established towards ensuring investor protection and market confidence. In addition, these Guidelines are also drawn up to ensure that fund management activities are carried out in compliance with regulatory requirements.

1 July 2021

Capital Markets and Services (Amendment) Regulations 2021 - PU(A)288/2021

These Regulations come into operation on 1 July 2021.

1 July 2021

Capital Markets and Services (Amendment of Schedules 5, 6 and 7) Order 2021 - PU(A)289/2021

These Regulations come into operation on 1 July 2021.