24 July 2014 Announcement - Go-Live of the CIS module

On 28 October 2013, we launched the Collective Investment Schemes module ("CIS module") on OPERA. Since then, applications for authorisation and recognition of collective investment schemes ("CIS") and the lodgements of their prospectuses have been made electronically on OPERA as well as in hard copies at our office under a parallel run arrangement. A parallel run also applied to the process of informing MAS about changes in details of existing CIS.

The CIS module will be fully implemented on 29 July 2014 and the parallel run arrangement will cease. Persons seeking authorisation and recognition of CIS and registration of their prospectuses will only need to lodge the required documents with MAS electronically on OPERA and make the requisite payments on-line with credit cards. Lodgement of hard copies of documents by physical attendance at our office or submissions by post will not be required. Similarly, updates to particulars of authorised and recognised CIS will only need to be made electronically on OPERA. Updates via letters will cease.

Please refer to "CIS Practice Note 1/2005 - Administrative Procedures for Retail Schemes" (at http://www.mas.gov.sg/Regulations-and-Financial-Stability/Regulations-Guidance-and-Licensing/Securities-Futures-and-Funds-Management/Practice-Notes.aspx) for details of the procedures for lodgement of documents which will apply from 29 July 2014.

3 January 2014 Announcement – Go-Live of the Shares module

On 4 February 2013, we launched the Offers of Shares, Debentures and Business Trust Units module (“Shares module”) on OPERA. Since then, lodgments for offers have been made electronically on OPERA as well as in hard copies at our office or by post under a parallel run arrangement.

The Shares module will be fully implemented on 13 January 2014 and the parallel run arrangement will cease. Persons making an offer of shares, debentures, and business trust units and/or their representatives will only need to lodge the required documents with MAS electronically on OPERA and make the requisite payments on-line with credit cards. Lodgment of hard copies of documents by physical attendance at our office or submissions by post will not be required.