Singapore legislation
Section 209
Section 209
False or misleading statements
Amended by4/2017
A person must not make a statement, disseminate any information or express any opinion that is false or misleading in a material particular to a person who carries out the activity of administering a financial benchmark if —
(a)
the person intends that the statement, information or opinion be used for the purpose of administering a financial benchmark; and
(b)
the person knows or ought reasonably to have known that the statement, information or opinion is false or misleading in a material particular, or is reckless as to whether the statement, information or opinion is false or misleading in a material particular.