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About CISNet
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CISNet is an online notification system that allows fund managers or their appointed
agents to notify the MAS of their intention to offer collective investment schemes (otherwise known as "restricted schemes") to accredited
investors and other investors under section 305 of the Securities and Futures Act and the 6th Schedule of the Securities and Futures
(Offers of Investments) (Collective Investment Schemes) Regulations.
CISNet also allows fund managers or their agents to update
information on restricted schemes, make annual declarations and notify MAS of the termination of offers of such schemes. Once the
notification of a scheme has been successfully processed, the name of the scheme and its manager will be published on the List of
Restricted Schemes. These particulars will also be updated as and when relevant updates are provided to CISNet.
Fund managers or their
agents will pay for their transactions online using credit cards. |