The Monetary Authority of Singapore (MAS) has sought feedback on proposed amendments to the Securities and Futures Act. Key changes include reforms relating to the regulation of OTC derivatives including regulation of derivatives markets, trading and licensing of intermediaries, changes to types of regulated activities and the transfer of regulation of commodity derivatives. FIA Asia and ASIFMA submitted a joint response letter to the consultation paper. The response can be viewed in the PDF under Resources and the consultation paper is available here. Please contact Phuong Trinh for any comments.
