Singapore legislation

Section 72

of Securities Industry Act

Section 72

Safeguarding of records

(1)

A relevant person shall take reasonable precautions for guarding against falsification of books, accounts, documents or records required to be kept by him and for facilitating discovery of any falsification.

(2)

A relevant person who contravenes or fails to comply with subsection (1) shall be guilty of an offence under this Act.