Singapore legislation
Clause 46
Clause 46
Duty to furnish Authority with returns and information
(1)
A licensed financial adviser shall —
(a)
furnish such returns and records, relating to its business, to the Authority in such form and manner as may be prescribed or as may be notified in writing by the Authority; and
(b)
furnish such information relating to its business as the Authority may require.
(2)
Any licensed financial adviser which contravenes this section shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 and, in the case of a continuing offence, to a further fine not exceeding $5,000 for every day or part thereof during which the offence continues after conviction.