The Markets in Financial Instruments (Equivalence) (Singapore) Regulations 2024

These Regulations set out the Treasury’s equivalence determination with respect to Singapore, that is, they provide that its legal and supervisory framework has equivalent effect to the United Kingdom’s. These Regulations replace Commission Implementing Decision (EU) 2019/541 of 1 April 2019 on the equivalence of the legal and supervisory framework applicable to approved exchanges and recognised market operators in Singapore, which has been revoked from 31 December 2024 by section 1 of and Schedule 1 to the Financial Services and Markets Act 2023 and the Financial Services and Markets Act 2023 (Commencement No. 8) Regulations 2024 (2024/1071).