Securities and Futures Act 2001 · 2020 Revised Edition · Part 3 · Clearing Facilities
50. Application for approval or recognition
Feedback & supportLast amended by an amending law of 2012.
A Singapore corporation may apply to the Authority to be —
Singapore corporation
“Singapore corporation” means a corporation that is formed or incorporated in Singapore.
approved as an approved clearing house; or
recognised as a recognised clearing house.
A foreign corporation may apply to the Authority to be recognised as a recognised clearing house.
foreign corporation
“foreign corporation” means a corporation that is formed or incorporated outside Singapore;
An application under subsection (1) or (2) must be —
made in such form and manner as the Authority may prescribe; and
accompanied by a non‑refundable prescribed application fee, which must be paid in the manner specified by the Authority.
The Authority may require an applicant to provide the Authority with such information or documents as the Authority considers necessary in relation to the application.