Singapore legislation

Section 46J

of Securities and Futures Act 2001

Section 46J

Obligation to manage risks prudently

Amended by34/2012

Without limiting section 46I(1)(b), a licensed trade repository must —

(a)

ensure that the systems and controls concerning the assessment and management of risks to the licensed trade repository are adequate and appropriate for the scale and nature of its operations; and

(b)

have adequate arrangements, processes, mechanisms or services to collect and maintain information on transactions reported to the licensed trade repository.

Read in full context — Securities and Futures Act 2001 →