Singapore legislation

Clause 24

of Futures Trading Bill

Clause 24

Minimum financial requirements

Notwithstanding anything in this Part, no person shall be licensed as a futures broker unless he meets and can continue to meet such minimum financial requirements as are prescribed by the Authority, either generally or specifically, or provided in such business rules of an Exchange as has been approved by the Authority.

Clause 24 — Futures Trading Bill | laws.sg