{
  "node_id": "sg-securities-futures-act-2001",
  "title": "Singapore Securities and Futures Act 2001 (Cap. 289) - Market Conduct and Investor Protection",
  "domain": "Banking & Global Finance",
  "version": "1.0.0",
  "last_updated": "2026-04-30",
  "bluf": "The Securities and Futures Act 2001 (SFA, Cap. 289) is Singapore's principal legislation governing the securities and futures market, administered by the Monetary Authority of Singapore (MAS). The SFA regulates the licensing and conduct of capital markets service providers, the listing and disclosure obligations of public companies, and the prohibition of market misconduct. Part IV of the SFA establishes licensing requirements for persons carrying on a regulated activity as defined in the Second Schedule, including dealing in capital markets products, advising on corporate finance, fund management, and providing custodial services. Part XII prohibits market misconduct including false trading (s. 197), market manipulation (s. 198), false or misleading statements (s. 199), and the employment of manipulative or deceptive devices (s. 201). The insider trading prohibition in Part XII (s. 218) makes it an offence for a person in possession of information that is not generally available and that would or would be likely to have a material effect on the price of securities to subscribe for, purchase, or sell those securities. Section 219 prohibits a connected person who has inside information from procuring another person to deal in those securities. The SFA was substantially amended by the Securities and Futures (Amendment) Act 2017 to implement enhanced MAS powers, and further amended in 2018 to implement the OTC derivatives reform. MAS may impose civil penalties and disgorgement orders for market misconduct under Part VIIA.",
  "paywall": {
    "status": "LOCKED",
    "unlock_cost_usd": "0.01",
    "skyfire_id": "41779894-ece2-4163-9761-b3b1b76e19b0"
  },
  "crosswalks": {
    "_available_keys": [
      "nist_framework",
      "iso_standard",
      "industry_mapping",
      "ai_overlay_2026"
    ],
    "_note": "Full crosswalk values included in vault response"
  },
  "dependencies": [
    "sg-companies-act-1967",
    "sg-mas-trmg-2021"
  ],
  "primary_citations_count": 7
}