In forceAmended2020 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 3 · Clearing Facilities
61. Obligation to maintain proper records
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Last amended by an amending law of 2012.
(1)
An approved clearing house must maintain a record of all transactions effected through its clearing facility.
approved clearing house
Defined · s 2
“approved clearing house” means a corporation that is approved by the Authority under section 51(1)(a) as an approved clearing house;
(2)
The Authority may prescribe by regulations made under section 81Q —
(a)
the form and manner in which the record referred to in subsection (1) must be maintained;
(b)
the extent to which the record includes details of each transaction; and
(c)
the period of time that the record is to be maintained.