s 82 Application of this Division
82. This Division does not apply to an inspection by a foreign regulatory authority of the books of a specified financial adviser in Singapore if —(a)
the foreign regulatory authority is an AML/CFT authority as defined in section 17 of the Financial Services and Markets Act 2022 and exercises consolidated supervision authority as defined in that section over that specified financial adviser; and[Act 18 of 2022 wef 28/04/2023]
(b)
the inspection is solely for the purposes of such consolidated supervision.[70B
[18/2015; 31/2017]
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