Memberships

There are 5 types of membership:

(a) Ordinary

(b) Associate

(c) Alumni

(d) Honorary

(e) Institutional Membership

(a) Ordinary Membership may be offered, at the sole discretion of the Committee to all Wholesale Traded Financial Markets Practitioners carrying out Front Office activities and Front Office Support Professionals who:

(i) are employed in a financial institution regulated and/or supervised by the MAS (where such financial institution is established or registered in Singapore) or by any other official regulatory authority (where such financial institution is established or registered outside of Singapore); and

(ii) have been employed under such qualifying criteria in the foregoing Clause 5(b)(i) above for a continuous period of at least twelve (12) months

(b) Associate Membership may be offered, at the sole discretion of the Committee, to:

(i) individuals falling outside the categories set out in Clause 5(b) but who satisfy such criteria as may be prescribed by the Committee; or

(ii) corporations which do not meet the criteria in Clause 5(f) but have a business which is related to Wholesale Traded Financial Products.

(c) Alumni membership shall be open to individuals who had previously qualified for Ordinary Membership but had since left the employment of their former institutions.

(d) Honorary Membership shall be granted to any Member by the Committee in its sole discretion in recognition of services rendered by such Member to the Association.

(e) Institutional Membership may be offered, at the sole discretion of the Committee, to any corporation which has a business that is:

(i) regulated and/or supervised by the MAS or by any othervofficial regulatory authority; and

(ii) related to Wholesale Traded Financial Products