Singapore legislation
Section 34
Section 34
Obligation to notify Authority of certain matters
(1)
A recognised market operator must, as soon as practicable after the occurrence of any of the following circumstances, notify the Authority of the circumstance:
any material change to the information provided by the recognised market operator in its application under section 8(1) or (2) or 12(1);
the recognised market operator becoming aware of any financial irregularity or other matter which in its opinion —
may affect its ability to discharge its financial obligations; or
may affect the ability of a participant of the recognised market operator to meet its financial obligations to the recognised market operator;
any other matter that the Authority may —
prescribe by regulations made under section 44 for the purposes of this paragraph; or
specify by written notice to the recognised market operator in any particular case.
(2)
A recognised market operator must notify the Authority of any matter that the Authority may prescribe by regulations made under section 44 for the purposes of this subsection, no later than such time as the Authority may prescribe by those regulations.
(3)
A recognised market operator must notify the Authority of any matter that the Authority may specify by written notice to the recognised market operator, no later than such time as the Authority may specify in that notice.