On 9 January 2017, the MAS announced the Second Reading of the Securities and Futures (Amendment) Bill 2016 (Bill) in the Singaporean Parliament. The Bill introduces wide-ranging amendments aimed at strengthening the regulation of over-the-counter derivatives markets, enhancing regulatory safeguards for retail investors, enhancing the credibility and transparency of Singapore capital markets, and strengthening the enforcement regime against market misconduct.

In our recent e-bulletin, we provide an overview of some of the key changes highlighted in the Bill, which were based on extensive consultation with the industry in the period between 2012 and 2015.

If you have any questions regarding the above, please do not hesitate to contact Siddhartha Sivaramakrishnan, William Hallatt , Grace Chong, or your usual Herbert Smith Freehills contact


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Herbert Smith Freehills LLP is licensed to operate as a foreign law practice in Singapore. Where advice on Singapore law is required, we will refer the matter to and work with licensed Singapore law practices where necessary.