In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Securities and Futures Act 2001 · 2020 Revised Edition · Part 5 · Books, Customer Assets and Audit
112. Safeguarding of books
Feedback & support(1)
A holder of a capital markets services licence must take reasonable precautions —
capital markets services licence
Defined · s 2
“capital markets services licence” means a licence that is granted by the Authority under section 86 to a person to carry on a business in any regulated activity;
(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.
(2)
Any holder of a capital markets services licence who contravenes this section shall be guilty of an offence under this Act.