Singapore legislation

Clause 180

of Securities and Futures (Amendment) Bill

Clause 180

Amendment of section 322

Section 322 of the principal Act is amended —

(a)

by deleting the words “an exempt market operator,” in subsection (1)(a);

(b)

by deleting the word “or” at the end of paragraph (a) of subsection (1), and by inserting immediately thereafter the following paragraph:“(aa)any information relating to an authorised benchmark administrator, an exempt benchmark administrator, an authorised benchmark submitter, an exempt benchmark submitter or a designated benchmark submitter, a representative of an authorised benchmark administrator, an exempt benchmark administrator, an authorised benchmark submitter, an exempt benchmark submitter or a designated benchmark submitter, or a person from whom any information or expression of opinion used in the determination of a designated benchmark was obtained; or”;

(c)

by deleting paragraph (a) of subsection (2) and substituting the following paragraph:“(a)the lapsing, revocation or suspension of the approval, licence, authorisation or exemption granted, or designation issued, to any person mentioned in subsection (1);”; and

(d)

by deleting the words “a securities exchange, a futures exchange,” in subsection (2)(g) and (h) and substituting in each case the words “an approved exchange,”.