Singapore legislation

Clause 109

of Securities Industry Bill

Clause 109

False reports to Authority or securities exchange

Any person who, with intent to deceive, makes or furnishes, or knowingly and wilfully authorises or permits the making or furnishing of, any false or misleading statement or report to the Authority, a securities exchange or any officers thereof relating to —

(a)

dealing in securities;

(b)

any matter or thing required by the Authority for the proper administration of this Act; or

(c)

the enforcement of the rules of a securities exchange,shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $20,000 or to imprisonment for a term not exceeding 2 years or to both.