Singapore legislation

Section 123ZJ

of Securities and Futures Act 2001

Section 123ZJ

Obligation to provide information for purposes of determining designated benchmark

Amended by4/20174/2017

(1)

Every designated benchmark submitter must provide to the authorised benchmark administrator or exempt benchmark administrator in respect of a designated benchmark such information or expression of opinion for the purposes of determining the designated benchmark, as the Authority may specify by written notice to the designated benchmark submitter, at such time and in such form or manner as the Authority may specify by written notice.

Amended by4/2017

(2)

Any designated benchmark submitter which contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 and, in the case of a continuing offence, to a further fine not exceeding $5,000 for every day or part of a day during which the offence continues after conviction.

Amended by4/2017
Section 123ZJ — Securities and Futures Act 2001 | laws.sg