Singapore legislation

Section 59

of Financial Advisers Act 2001

Section 59

Safeguarding of records by licensed financial adviser

(1)

A licensed financial adviser must take reasonable steps —

(a)

to prevent falsification of the books required to be kept by it under this Act; and

(b)

to facilitate the discovery of any falsification of any such book.

(2)

Any licensed financial adviser who contravenes this section shall be guilty of an offence.[55

Section 59 — Financial Advisers Act 2001 | laws.sg