Singapore legislation

Section 108

Falsification of records by directors, employees and agents

Any director, manager, auditor, employee or agent of a securities exchange or of a dealer or of an investment adviser, who —

(a)

wilfully makes, or causes to be made, a false entry in any book or in any report, slip, document or statement of the business, affairs, transactions, conditions, assets or accounts of that securities exchange, dealer or investment adviser;

(b)

wilfully omits to make an entry in any book or in any report, slip, document or statement of the business, affairs, transactions, conditions, assets or accounts of that securities exchange, dealer or investment adviser, or wilfully causes any such entry to be omitted; or

(c)

wilfully alters, abstracts, conceals or destroys an entry in any book or in any report, slip, document or statement of the business, affairs, transactions, conditions, assets or accounts of that securities exchange, dealer or investment adviser, or wilfully causes any such entry to be altered, abstracted, concealed or destroyed,shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $20,000 or to imprisonment for a term not exceeding 2 years or to both.

Read in full context — Securities Industry Act →