Period of Time Flashcards
An appointed, provisional or temporary representative must inform his principal about any change in his residential address or other personal particulars within ___ days after the date of such change.
7 days
The principal is required to inform the MAS about any change in its appointed, provisional or temporary representative’s residential address or other personal particulars within ___ days after the date of such change.
14 days
LFCM is prohibited from repaying the principal of any preference share, excluding paid-up irredeemable and non-cumulative preference shares, through repurchase or redemption, unless it notifies MAS ___ before the proposed date of repurchase or redemptions
3 months
A LFMC incorporated in Singapore must notify MAS if it draws down on a qualifying subordinated loan _____
Even after maturity of the subordinated loan principal, any repayment is prohibited unless the LFMC notifies MAS ____ the date of repayment
no later than the date of draw down
minimum 1 business day before
According to the rules of Register of Securities, details of any new acquisition of interest in securities must be recorded ____
within 7 days of the acquisition
When the place for keeping the register of LFMC’s interest in securities is changed, it must notify MAS ____
within 14 days from the date of change of place
If there’s any change in particulars of a LFMC or if it stops carrying on regulated activity, it must inform the MAS ______
within 14 days of the change
If the LFMC ceases to conduct business, in all of the regulated activities for which it is licensed, it must return the license to MAS ____
within 14 days
If LFMC is informed by its representative any changes in its representative’s particulars, it must furnish MAS with the particulars of such change _____
within 7 days
If a representative ceases to be an LFMC’s representative, LFMC must furnish the particulars to MAS ____
on the next business day after such cessation
If during an offer for subscription or purchase of securities, a LFMC enters into an underwriting or sub-underwriting agreement, for _____ it’s restricted for a few regulated activities such as make an offer to sell those securities
90 days after the close of the offer
LFMC should submit annual returns (audited) to MAS _____
within 5 months of financial year end
All FMCS must appoint an auditor to audit its accounts, and prepare and submit the required documents to MAS ______
within 5 months after the end of a financial year
The continuing disclosure by a director or CEO is to be made _____ the director or the CEO comes to know about the change
within 2 business days after
Issuers and their officers are advised not to deal in the issuer’s securities during the period commencing ____
1) 2 weeks before the announcement of first three quarterly financial statements and 1 month before the announcement of the annual financial statements
2) 1 month before semi-annual or annual financial statements
CMS license holders and registered fund management companies must lodge a report with the MAS regarding suspicious activities & incidents of fraud ____ after discovery of any such event.
within 5 working days
The manager or the trustee of CIS must notify MAS of any breaches of guidelines or limits set out in the Code _____ after it becomes aware of the breach.
within 3 business days
An FMC must inform the CPF Board of any deviation limit breach of the CPFIG by the Funds under its management _____ of the breach.
within 14 calendar days
Rectification of a breach by a Fund Management Company is required to be notified to the CPF Board ______
Within 7 days of such rectification
The manager and trustee of authorized CIS should report the breach _____ when they aware of it.
within 3 business days
