2 "Derivatives contracts" and "securities" have the respective meanings ascribed to them in the SFA. By Jon Watkins(2147491591) June 1, 2016 10:11 AM GMT As a ‘recognised clearing house’, CME will be able to sign up direct clearing members from Singapore for clearing of both exchange-traded futures, options and OTC derivatives. Ltd. ("Abaxx Commodity Exchange", or "ACX"), a commodity futures exchange seeking final regulatory approvals as a Recognized Market Operator ("RMO") and Approved Clearing House with the Monetary Authority of Singapore ("MAS"). A central clearing counterparty (CCP), also referred to as a central counterparty, is a financial institution that takes on counterparty credit risk between parties to a transaction and provides clearing and settlement services for trades in foreign exchange, securities, options, and derivative contracts.CCPs are highly regulated institutions that specialize in managing counterparty credit risk. Ability to meet the minimum financial requirements prescribed under the SFA. To. Situé à Singapour, à 400 mètres de la galerie d'art Singapore City Gallery et à 1,5 km du marché Lau Pa Sat, le ClubHouse Residences Bijou Studio C propose une connexion Wi-Fi gratuite et la climatisation. Steven Hatzakis | Exchanges (Institutional FX ) | Friday, 27/05/2016 | 07:36 GMT+2 2016-05-27T05:36:41+00:00 2016-05-28T19:58:18+00:00. In contrast, Sanitary plumbing work focuses on installing, changing, or relocating sanitary discharge pipes and appliances, to carry used water away. 30 May 2018. Our range of services include: * Cleaning Services eg Spring Cleaning, House … The International Air Transport Association (IATA) supports aviation with global standards for airline safety, security, efficiency and sustainability "Clearing House" means the Singapore Exchange Derivatives Clearing Limited by whatever name called or its successor and assigns and where the context so requires such authorised personnel acting in its name. Get notified whenever news and updates are posted on this website. Singapore | Clearing-House Mechanism of the Convention on Biological Diversity | CHM | CBD Participants accessing approved clearing houses in Singapore which are primarily regulated by MAS and governed by Singapore laws. The Securities and Futures (Clearing of Derivatives Contracts) Regulations 2018 (“Regulations”) were gazetted on 2 May 2018 and will come into operation on 1 October 2018. The term "Clearing House" means ICE Clear Singapore Pte. Corporate governance, fitness and propriety. SINGAPORE, March 29 (Reuters) - Germany’s European Commodity Clearing (ECC) house said on Thursday it has received clearing status from the Monetary Authority of Singapore. Clearing houses are licensed by MAS as approved clearing houses (ACHs) or recognised clearing houses (RCHs) under the Securities and Futures Act. Best choice for urgent cleaning job: Boasting a big team of … Custodial fees: This refers to fees collected from brokerages that … Ltd., a company incorporated in the Republic of Singapore under registration number 200702503C. Singapore. means an amount required to be deposited with the Clearing House by each Clearing Member as security for its obligations to the Clearing House in accordance with Rule 7A.06.2. EU regulators have approved London Stock Exchange Group’s $27bn purchase ... while those in Singapore are still examining the combination for ... a sovereign debt venue and a clearing house. One of the biggest cleaning service providers in Singapore: Home Cleanz has a team of 70 cleaning and laundry staff, all are trained by experienced housekeepers. CME Clearing Obtains Recognised Clearing House Status in Singapore by MAS MAS approved CME Clearing as a recognised clearing house in Singapore. To be an approved share registrar, a share registrar must be a member of the Federation. Water service plumbing work refers to the repair, replacement, and installation of tanks, pipes, and taps for the water supply system. 7. Part IIIA of the SFO: Federation of Share Registrars Ltd . The two main providers of securities clearing and settlement systems in Singapore are MAS and the Central Depository Pte Ltd (CDP). Status of approved document. Recognition applies to LCH.Clearnet’s EnClear (Freight Division), ForexClear and SwapClear services. As part of its policy reform plan, the MAS proposed to expand the scope of the SFA by: (a) mandating the central clearing and reporting of OTC derivatives; (b) extending the current regulatory regimes for market operators, clearin… Abaxx Technologies Inc. is the majority shareholder of Abaxx Singapore Pte. Participants accessing approved clearing houses in Singapore which are primarily regulated by MAS and governed by Singapore laws. ICE Clear Singapore provides secure, capital-efficient counterparty clearing services for Asian financial and commodity markets and operates as an approved clearing house under the supervision of the Monetary Authority of Singapore. approved clearing house, recognised clearing house, recognised market operator or the Depository (each as defined under the Securities and Futures Act) and its members, which is subject to the relevant rules mentioned in paragraphs (a) to (d);” The clearing system and clearing … SUPERANNUATION GUARANTEE (ADMINISTRATION) ACT 1992 - SECT 79A Approved clearing house (1) This section applies if: (a) an employer pays an amount to an approved clearing house for the benefit of an employee; and (b) as a result, the approved clearing house makes a contribution to an RSA, a superannuation fund or a superannuation scheme for the benefit of the employee. Under Dodd-Frank any clearing house wanting to clear swaps for a US customer – referred to as a “U.S. LCH.Clearnet Ltd (“LCH.Clearnet”), the global clearing house, today announced that it has been formally granted the status of Recognised Clearing House by the Monetary Authority of Singapore (MAS). Strength of internal controls and systems. | Access and Benefit-Sharing Clearing-House. Il se trouve à 2,2 km de Zouk Singapore et à 2,7 km de la galerie nationale de Singapour. By Hayley McDowell. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support The Singapore exchange has become the first Asian exchange to be allowed to offer clearing of over-the-counter derivatives to American customers after winning US regulatory authorisation. 2003-01-13. Robeco (investment management, asset management), founded in 1929, is an international asset management company offering an extensive range of research-driven investment strategies for equities, bonds and multi-assets. Securities and Futures (Corporate Governance of Approved Exchanges, Approved Clearing Houses and Approved Holding Companies) Regulations 2005 In exercise of the powers conferred by sections 45, 81S and 81ZK of the Securities and Futures Act, the Monetary Authority of Singapore hereby makes the following Regulations: Who Needs to Apply A company will need an ACH or RCH licence if it wishes to operate a clearing facility as defined under Part II of the First Schedule to the Securities and Futures Act. SINGAPORE (BLOOMBERG) - Intercontinental Exchange Inc.'s Singapore clearing house, which acts as an important firewall between traders, has … Ltd. (“Abaxx Commodity Exchange”, or “ACX”), a commodity futures exchange seeking final regulatory approvals as a Recognized Market Operator (“RMO”) and Approved Clearing House with the Monetary Authority of Singapore (“MAS”). The House approved the $900 billion stimulus agreement, sending it to a vote in the Senate. In the wake of the global financial crisis, the MAS announced in July 2011 its plans to make several legislative amendments to regulate OTC derivatives in Singapore reflecting its commitment to the G20 and FSB reform objectives to strengthen the international financial regulatory system. Find a financial institution, licence type or activity in Singapore. Mandatory Clearing in Singapore – Noteworthy next step Introduction On 1 July 2015, ... an approved clearing house (“ACH”) or a recognised clearing house ... a “business day” is any day on which the clearing house through which the derivative contract is to be cleared is open for business. Approved Clearing House (ACH) or Recognised Clearing House (RCH)... Risk management in accordance to international standards and best practises. Type of Document. The Clearing-House Mechanism of the Convention on ... Singapore - Second National Report. Track record, management expertise and financial soundness of the applicant. Approving body. Status means CME Group can sign up direct clearing members from Singapore. Asia Pacific Exchange-APEX, is an international derivatives exchange approved by the Monetary Authority of Singapore, the third exchange with the Approved Exchange” and “Approved Clearing House” licenses in Singapore. Read more at straitstimes.com. 4 result(s) Print/Download List. Singapore is home to more than 280 global trading companies, under the International Enterprise Singapore’s Global Traders Program, including some of the world’s top integrated energy majors and the world’s largest agri-commodity groups. These guidelines explain how MAS regulates operators of clearing facilities pursuant to Part III of the Securities and Futures Act (Cap. Check the SCBLSGSGXXX SWIFT / BIC code details below. Tokyo Financial Exchange, Inc. Japan 47. Situé à Singapour, à 500 mètres du centre commercial Singapore City Gallery, le ClubHouse Serviced Residences Alder Suites propose des chambres dotées de la climatisation et d'une connexion Wi-Fi gratuite. The holder applies for cancellation of the licence. The Singapore Automated Clearing House also includes two separate cheque-clearing systems. As a next step, Deutsche Börse will file an application for Eurex Clearing Asia to be recognized as a third-country central counterparty with the European Securities and Markets Authority (ESMA) in Europe. LCH.Clearnet Ltd (“LCH.Clearnet”), the global clearing house, today announced that it has been formally granted the status of Recognised Clearing House by the Monetary Authority of Singapore (MAS). CME clearing house approved by Singapore regulators. High-tech brands look to optimize through better integration of sourcing, production, assembly and shipping. wanting to operate a clearing facility in Singapore must either be an “approved clearing house” or a “recognised clearing house”. In particular, guidance is provided on the following areas: Requirements for operators of clearing facilities. [LONDON] Intercontinental Exchange's Singapore clearing house, which acts as an important firewall between traders, has been recognized by the European Securities and Markets Authority as meeting the continent's standards, while its US and European units have yet to gain that status. This new clearing house of Deutsche Börse Group, based in Singapore, is an integral part of its new trading and clearing offering for investors during Asian trading hours. Highlights. Singapore 43. The Monetary Authority of Singapore (MAS) has formally granted CME Group the status of Recognised Clearing House, with effect from 18 May. The Options Clearing Corporation US 45. IntercontinentalExchange to Acquire Singapore ... energy and agricultural commodities. Access regulations, updates and licensing information, Regulations, guidance and licensing for deposit-taking institutions, Regulations, guidance and licensing for capital market entities, Regulations, guidance and licensing for insurers, Regulations, guidance and licensing for payment service providers and systems, Information on MAS’ approach, strategies and efforts in these key areas, MAS’ approach to supervision and the instruments under the Acts it administers, Find out about MAS’ strategies to develop and support the financial sector, Discover what makes Singapore a leading global financial centre, Find out how MAS is co-creating a Smart Financial Centre, Latest information on MAS’ FinTech strategy, initiatives and funding schemes, Get funding on proof-of-concepts, hiring, business development and more, Sandbox relaxes regulatory requirements to enable live experiments of innovation, Various payment initiatives including SGQR, FAST and PayNow, World’s first open architecture platform for FIs to discover FinTechs and deploy solutions, The GTCN is a cross-border DLT project to digitalise trade and trade finance, Industry collaboration that explores blockchain’s usage for Central Bank Digital Currency, World’s largest festival for the FinTech community to connect, collaborate and co-create, Fast track intellectual property protection through various initiatives, A collaborative AI-driven global solutions hub to foster SME digitalisation, Find out about the opportunities and plans that MAS has to grow your business areas, Read about the support that is available for your business operations, Find out how MAS and our partners build a pipeline of financial professionals and leaders, Read about MAS’ monetary policy framework, central bank operations and related information, Get information on SSB, SGS Bonds, T-bills, MAS Bills and MAS FRN, Discover more about the Singapore’s currency, Access the various consultations, monographs, macroeconomic reviews and other publications, View data on Singapore’s financial sector, reserves statistics, exchange rates and others, Get the latest news, speeches, updates and announcements, Find out about working in MAS and the various opportunities that are available. 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