Singapore legislation

Section 28

of Futures Trading Act

Section 28

Reports by auditor to Authority in certain cases

If, during the performance of his duties as auditor for a futures broker, an auditor —

(a)

becomes aware of any matter which in his opinion adversely affects or may adversely affect the financial position of the futures broker to a material extent; or

(b)

discovers evidence of a contravention by the futures broker of section 25 or 37,he shall, as soon as practicable thereafter, send to the Authority a report in writing of the matter or the contravention.

Section 28 — Futures Trading Act | laws.sg