Singapore legislation

Clause 112

Safeguarding of records

A holder of a capital markets services licence shall take reasonable precautions —

(a)

to prevent falsification of the books required to be kept by it under this Act; and

(b)

to facilitate the discovery of any falsification of any such book.

Any holder of a capital markets services licence which contravenes subsection (1) shall be guilty of an offence under this Act.