Singapore legislation

Section 123ZS

of Securities and Futures Act 2001

Section 123ZS

Penalties under this Subdivision

Amended by4/2017

Any authorised benchmark submitter, exempt benchmark submitter or designated benchmark submitter which contravenes section 123ZL, 123ZM, 123ZN, 123ZO, 123ZP or 123ZR 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.

Section 123ZS — Securities and Futures Act 2001 | laws.sg