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Securities Regulatory Measures

Section 34 of the Monetary Authority Act enables the Authority to issue or amend Rules, Statements of Guidance and Statements of Principle. In addition, Section 48 provides for the issuance of a Regulatory Handbook to contain the policies and procedures of the Authority in carrying out its regulatory and co-operative functions.

Below is an index of measures that contains a checklist for RulesStatements of GuidanceRegulatory PoliciesRegulatory Procedures and Forms that pertain to the Securities sector.


A clear and precise directive issued to licensees on a subject matter that the Authority considers essential for the prudential supervision of regulated entities and which creates binding obligations on all licensees and for which a breach may lead to the imposition of a fine or regulatory action being taken against the licensee by the Authority pursuant to the exercise of its powers under the regulatory acts.

Statement of Guidance ("SOG") 

Guidance intended to assist licensees to comply with relevant acts, regulations, rules and statements of principles or to describe standards for conduct of business. Guidance contains recommendations on how licensees should operate and represent a measure against which the Authority will assess compliance by licensees.

Regulatory Policy

A set of principles, a criteria, or approach to guide decisions and actions taken by the Authority in performing its regulatory and co-operative functions.

Regulatory Procedure 

A set of actions, activities or tasks that the Authority will carry out in performing its regulatory and co-operative functions.

Note: The following items marked with NEW have been recently added or updated.
LEGISLATION  click for link
  Rule SOG Policy Procedure Form
Licensing – Securities Investment Business     View    
Approval of an Auditor     View    
Fitness and Propriety     View View

Personal Questionnaire


Declaration of Source of Wealth & Source of Funds

Consolidated Supervision     View    
Cessation and Non-Commencement of Business   View      
Issuing notices of decisions to declined applicants       View  
Approved Stock Exchanges     View    
List of Approved Stock Exchanges     View    
Regulatory Policy - Criteria for Approving Changes in Ownership and Control     View    
Use of Restricted Words     View    
Corporate Governance - (Effective: 14 October 2023) View        
Client Understanding, Suitability, Dealing and Disclosure   View      
Outsourcing – Regulated Entities   View      
Corporate Governance   View      
Nature, accessibility and retention of records   View      
Cybersecurity for Regulated Entities View View      
Marketing Policies of Licensees   View      
Internal Controls View View      
Internal Controls (Effective: 14 October 2023) View View      
Classification of Clients   View      
Client Assets, Money and Safekeeping   View      
Market Conduct   View      
Business Continuity Management   View      
Professional Indemnity Insurance   View      
Recognised Overseas Regulatory Authorities     View    
List of Recognized Overseas Regulatory Authorities     View    
Succession Planning   View      
Reorganisation of Structure and Variation of Capital   View      
Prudential Reports and Statistical Returns     View    
Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT)    View     View