Clause 40
Inspection of designated financial holding companies and other companies within FHC group
of Financial Holding Companies Bill
BillNot in forceProvision 61 of 79
Clause 40
The Authority may, from time to time, inspect under conditions of secrecy —
(a)
the books of any designated financial holding company and any other company within its FHC group which is a financial institution; and
(b)
any branch, agency or office outside Singapore opened by any designated financial holding company or any other company within its FHC group, referred to in paragraph (a).