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期货和衍生品行业监管动态

(c) Appointment of agents by foreign regulators: MAS’ powers will be

expanded to enable MAS to approve the appointment of agents by foreign regulators

to conduct inspection of specified financial institutions under the SFA;

(d) Appointment of external auditors: There will be new requirements and

powers in the SFA pertaining to the appointment of external auditors of approved

exchanges, approved clearing houses, licensed trade repositories, and approved

holding companies;

(e) Failure to exercise reasonable care in submission of information: It will

be an offence in the SFA, FAA and TCA if a person, other than an individual, fails to

exercise reasonable care in ensuring the accuracy of information submitted to MAS,

even if the information is not false or misleading in any material particular; and

(f) Service of documents: There will be similar and consistent provisions in the

SFA, TCA and FAA, for service of notices, orders or documents by registered post

and electronic service.

https://www.mas.gov.sg/news/speeches/2024/explanatory-brief-the-financial-institutio

ns-miscellaneous-amendments-bill-2024

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