C12. Sales Practices of Unlisted Capital Market Products

Question 1

does Guidelines on Sales Practices of Unlisted Capital Market Products apply to:
a) Shares
b) Debentures other than corporate bonds, asset-backed securities and structured products
c) Over-the-counter (OTC) derivatives contracts entered for hedging purposes

Answer 1

No

Question 2

if the Guidlines are breached, what actions can SC take?

Answer 2

a) Recall the unlisted capital market product,
b) Cease the issuance of the unlisted capital market product, or
c) Take any corrective action whenever there is a breach or non-compliance with these Guidelines