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PAPER 1 PREVIEW 01:55:30

A CMS licence holder must lodge audited accounts with MAS within what timeframe?

A. 3 months end of Financial Year
B. 5 months end of Financial Year
C. 6 months end of Financial Year
D. 12 months end of Financial Year

To prosecute for insider trading under SFA, proving intent is:

A. Mandatory for conviction
B. Only required for retail clients
C. Not necessary to prove
D. Determined by SGX rules
High-Yield Point Preview
Primary market = Issuance of new securities.
CDP Settlement = T+2 business day cycle.
CMS Licence = Lodgement of accounts within 5 months.
Insider trading is a strict liability offence.
Exemptions for institutional investors under SFA.
Disclosure requirements for substantial shareholders.
Purchase to unlock full 15-page cheat sheet.

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