The Capital Markets (Licensing Requirements) (General) Regulations

40. Authorized functions

Edition: 2023-10-06 · In force

An investment banks shall be a non-deposit taking institution and shall carry out all or any of the following functions—

(a)offering advisory services on—

(i)public offering of securities;

(ii)corporate financial restructuring, takeover, mergers, acquisitions and privatization;

(iii)corporate financing, options including issuance of equity or debt securities or loan syndication;

(b)engaging in the business of a stockbroker subject to regulation 42;

(c)engaging in the business of a dealer;

(d)promoting or arranging underwriting or issuance of securities;

(e)promoting and acting as a fund manager of collective investment schemes;

(f)providing investment advisory services and contractual portfolio management.