Submit Amendment Notification

The DirRP or Agent can amend the details of an existing scheme with any of the following statuses:

 

 

The DirRP or Agent can amend the scheme details as well as the preferred next annual declaration date. They can choose to indicate a future "Effective Date" when information such as the fund manager name, umbrella fund name, and scheme name will take effect. If they do not indicate an "Effective Date", the Effective Date will be taken to be the day the amendment is submitted.

 

When an Agent submits an amendment notification, it will be sent to the DirRP and, where applicable, the POA, for endorsement. No other action with respect to the notification may be performed prior the completion of the endorsement process by the DirRP, or where applicable, the POA.

 

To amend a notification:

 

   1. On the scheme's information page, click the Amendment tab.

Scheme's information page (tab menu)

 

Instructions on submitting an amendment notification are displayed.

Instructions page

 

   2. Read the instructions carefully, then click Next. The scheme details are displayed.

 

   3. Edit the scheme details where applicable.

 

  

Effective Date of Change

As the names of the manager, the umbrella fund and the scheme are included in the List of Restricted Schemes published on MAS’s website, you have to specify the effective date of change to any of these items.

 

Click the Clear Effective Date hyperlink to reset the field value.

 

The changes made are published on MAS’s website one business day after the effective date of change.

 

Information on Restricted Scheme

Information Details page - Information on the Restricted Scheme

Name of the restricted scheme ("the scheme")

Enter the name of the scheme. Click on the Calendar icon to select the effective date.

Is the scheme a sub-fund of an umbrella fund?

Specify if the scheme is a sub-fund of an umbrella fund by selecting "Yes" or "No".

State the name of the umbrella fund

Enter the name of the umbrella fund. This field will only be activated if the scheme is a sub-fund of an umbrella fund. Click on the Calendar icon to select its effective date.

Is the scheme constituted in Singapore?

Specify if the scheme is constituted in Singapore by selecting "Yes" or "No".

State the jurisdiction under which the scheme is principally governed

Select from the dropdown list the jurisdiction under which the scheme is principally governed. This field will only be activated if the scheme is not constituted in Singapore.

Indicate the structure of the scheme

Select the structure of the scheme. You can choose from the following structures:

 

 

If you select "Others", specify the structure name.

Name of trustee to be appointed for the scheme

Enter the name of the Trustee to be appointed for the scheme. This field will only be activated if the scheme is constituted in Singapore.

Indicate the type of scheme

Select the type of the scheme. You can choose from the following types:

 

 

If you select "Others", specify the type of scheme.

Is the scheme closed-ended?

Specify if the scheme is closed-ended by selecting "Yes" or "No".

Total fund size of the scheme in equivalent USD - As at 31 December (of the preceding calendar year)

Enter the fund size of the scheme in equivalent USD, as at December 31 of the preceding calendar year.

Total fund size of the scheme in equivalent USD - As at a date no earlier than three months before the date of this new notification (in the case of new schemes) or amendment notification in connection with the annual declaration of this scheme (in the case of existing schemes)

Enter the fund size of the scheme in equivalent USD, as at a date that is within 3 months from the date of (i) submission of the notification (in the case of notifications submitted by DirRP) or (ii) endorsement of the notification by DirRP/POA (in the case of notifications submitted by Agent).

Amount of funds offered in Singapore in equivalent USD - As at 31 December (of the preceding calendar year)

Enter the amount of funds offered in Singapore in equivalent USD, as at December 31 of the preceding calendar year.

Amount of funds offered in Singapore in equivalent USD - As at a date no earlier than three months before the date of this new notification (in the case of new schemes) or amendment notification in connection with the annual declaration of this scheme (in the case of existing schemes)

Enter the amount of funds offered in Singapore in equivalent USD, as at a date that is within 3 months from the date of (i) submission of the notification (in the case of notifications submitted by DirRP) or (ii) endorsement of the notification by DirRP/POA (in the case of notifications submitted by Agent).

Is the scheme only offered to (i) accredited investors or (ii) accredited and institutional investors (as defined in the SFA)?

Specify if the scheme only offered to accredited investors or accredited and institutional investors by selecting "Yes" or "No".

Does the scheme invests solely in non-capital markets products (as defined in the SFA)?

Specify if the scheme invests solely in non-capital markets products by selecting "Yes" or "No".

Please attach the information memorandum for the scheme

Attach the information memorandum file for the Scheme in PDF format not exceeding 10MB.

 

Information on the Manager

Information Details page - Information on the Manager

Name of manager for the scheme

Enter the name of the Manager. Click on the Calendar icon to select the effective date.

Address of place of business

Enter the Manager's business address.

Fax number

Enter the Manager's fax number in this format: Country Code - Area Code (if any) - Number (eg. Singapore 65-68877701, Australia (Sydney) 61-2-90091234).

Country of incorporation of manager

Select from the dropdown list the country where the Manager was incorporated.

Is the manager currently licenced or regulated to manage the assets of the restricted scheme in the jurisdiction of its principal place of business?

Select "Yes" or "No".

Name of regulatory authority of manager

Select from the dropdown list the regulatory authority of the Manager. This field will only be activated if the Manager is licensed or regulated to conduct fund management in its place of business.

Please provide the licence number issued by the relevant regulatory authority

Enter the licence number issued to the Manager by the relevant regulatory authority. If the Manager does not have a licence number, please leave this field blank.

Is the Manager a public company that is exempted from the requirement to hold a capital markets services licence to carry on business in fund management under paragraph 5(1)(i) of the Second Schedule of the Securities and Futures (Licensing and Conduct of Business) Regulations?

This question will only be activated if the manager is incorporated in Singapore and is not currently licensed or regulated to conduct fund management in Singapore.  Select "Yes" or "No".

Will the manager be delegating its discretionary investment powers to another management entity (the "investment manager")?

This question will only be activated if the answer to "Is the manager currently licensed or regulated to conduct fund management in the jurisdiction of its principal place of business?" is "No". Select "Yes" or "No".

 

Provide the information on the Custodian

Information Details page - Information on the Custodian

Will a custodian be appointed for the scheme?

Select "Yes" or "No".

Name of custodian for the scheme

Enter the Name of custodian for the scheme if the answer for "Will a custodian be appointed for the scheme?" is "Yes"

Country of incorporation of the custodian

Enter the Country of incorporation of the custodian if the answer for "Will a custodian be appointed for the scheme?" is "Yes"

 

Disciplinary and Financial Record

Information Details page - Disciplinary and Financial Record

 

   4. Answer the questions by selecting "Yes" or "No" and providing relevant information (where applicable). You can provide the relevant information as PDF attachment not exceeding 10MB.

 

Declarations

Information Details page - Declaration

Please choose from the following 2 options

Specify if you are the DirRP or the Agent by selecting the appropriate radio button.

Details of Agent

If you are the Agent, specify the name of your organisation, your designation in the organisation and your contact details. You are also required to provide the details of the DirRP you are representing. If there is a POA to make endorsements on behalf of the DirRP’s, select “Yes” to the question “Is there a person who is authorized in writing by the director of the Responsible Person to make endorsements on his behalf?”. You are required to provide the details of the POA and attach the power of attorney from the DirRP.

Details of director of the Responsible Person

If you are a DirRP, specify the name of your organisation, your designation in the organisation and your contact details.

Optional Email Address

Provide an additional email address for future email correspondences with the Authority.

Declaration

Mark the checkbox to complete your declaration.

 

You can only proceed to the next page if you complete your declaration.

 

Amendments

Information Details page - Reason for Amendments

Reason for amendments / New annual declaration date (if any)

Enter a reason for the amendments (if any).

Next annual declaration date

Click the Calendar icon to set the next annual declaration date.

 

   5. Click Next. The information you have provided on the notification are displayed for confirmation and the amendments made are highlighted in yellow.

 

Confirmation page

 

  

Click the Print form details hyperlink to view the notification in PDF format. You are prompted with a File Download window.

 

   6. The Access Code section will only be activated if you have declared that you are an Agent. You may use the Access Code that you have used in previous submissions or you may change it. The Access code will be used by the DirRP,and where applicable, the POA, to access and endorse the notification submitted by the Agent.

Access Code

Check here to change/add the access code

Mark this checkbox to add an access code if no Agent was previously appointed, or to change the current access code assigned to the notification.

Access Code

Enter an access code once you have checked the box.

 

   7. Click Next to confirm the details of your notification. Click Back to return to the Amendment page or Cancel to abort the amendment of the notification.

 

When you click Next, an acknowledgement page is displayed. If you are an Agent, an endorsement hyperlink will be sent to the DirRP, and where applicable, the POA, to access the notification. The DirRP, and where applicable, the POA, may (a) endorse, (b) amend and endorse or (c) reject the notification.

Acknowledgement page (for Agent)

 

If you are a DirRP/POA, an email confirmation will be sent to you.

Acknowledgement page (for DirRP and POA)

 

   8. Click OK. You will be redirected to the main page.