Financial Advisers Act
Overview
The Financial Advisers Act (Chapter 110) regulates financial advisers and their representatives and supervisors.
The Act became effective on 1 October 2002.
Regulator: Monetary Authority of Singapore (Prime Minister’s Office)
Financial Advisers Regulations
Financial Advisers (Appeals) Regulations
Financial Advisers (Exemption from Requirement to Hold Financial Adviser’s Licence) Regulations 2014
Financial Advisers (Exemption from Sections 25 to 29 and 36) Regulations
Financial Advisers (Remuneration) Regulations 2015
Financial Advisers (Structured Deposits — Prescribed Investment Product and Exemption) Regulations
Financial Advisers (Transitional and Savings Provisions) Regulations
Notice FAA-N02 Appointment and Use of Introducers by Financial Advisers
Notice FAA-N03 Information to Clients and Product Information Disclosure
Notice FAA-N11 Dual Currency Investments
Notice FAA-N12 Entry Requirements of a Provisional Representative
Notice FAA-N14 Reporting of Misconduct of Representatives by Financial Advisers
Notice FAA-N15 Cancellation Period of Unlisted Debentures
Notice FAA-N16 Recommendations on Investment Products
Notice FAA-N17 Reporting of Suspicious Activities and Incidents of Fraud
RD TR 01/2014: System Vulnerability Assessments And Penetration Testing
SRD TR 02/2014: IT Security Risks Posed By Personal Mobile Devices
SAMLD 01/2018: Use of MyInfo and CDD Measures for Non Face-to-Face Business Relations
Practice Note on the Disclosure of Remuneration by Financial Advisers [FAA PN-01]
Practice Note on Recommendations on Investment Products [FAA PN-02]
Guidelines on Criteria for the Grant of a Financial Adviser’s Licence [FAA-G01]
Guidelines on Standards of Conduct for Financial Advisers and Representatives [FAA-G04]
Guidelines on the Use of the Term “Independent” by Financial Advisers [FAA-G05]
Guidelines for Conduct of Business for Execution-Related Advice [FAA-G08]
Guidelines on Structured Deposits [FAA-G09]
Guidelines on Switching of Designated Investment Products [FAA-G10]
Guidelines on Individual Accountability and Conduct
Guidelines on Provision of Financial Advisory Service
Guidelines on Provision of Digital Advisory Services [CMG-G02]
Guidelines on the Advertising Restrictions in Sections 272A, 272B and 275 [SFA 13-G15]
Guidelines on Personal Offers Made Pursuant to the Exemption for Small Offers
Guidelines on Fit and Proper Criteria [FSG-G01]
Guidance for Effective AML/CFT Transaction Monitoring Controls
Guidance to Capital Markets Intermediaries on Enhancing AML/CFT Frameworks and Controls
Effective Practices to Detect and Mitigate the Risk from Misuse of Legal Persons
FAQs on Financial Advisers Act, Financial Advisers Regulations, Notices and Guidelines
FAQs on Guidelines on Individual Accountability and Conduct
FAQs on Licensing Requirements under Financial Advisers Act
FAQs on the Balanced Scorecard (BSC) Framework
FAQs on Spreading and Capping of Commission Rules
FAQs on the Definition of Accredited Investor and Opt-in Process
FAQs on Fair and Balanced Advertising and Other Advertising Restrictions
P008-2021: Proposed Amendments to MAS Investigative and Other Powers under the Various Acts
Infographic on Guidelines on Individual Accountability and Conduct