In forceUpdated to 9 Mar 2025Current version · Updated to 9 Mar 2025See versions on Singapore Statutes Online(opens the publisher’s site)
Financial Holding Companies Act 2013 · Updated to 9 Mar 2025 · Part X · Miscellaneous
Financial Holding Companies Act 2013 · Updated to 9 Mar 2025 · Part X · Miscellaneous
Official textFrom Singapore Statutes Online, unchanged
Any designated financial holding company which contravenes any of the provisions of this Act for which no penalty is expressly provided shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $100,000 and, in the case of a continuing offence, to a further fine not exceeding $10,000 for every day or part thereof during which the offence continues after conviction.