Singapore legislation
Section 8
Section 8
Application for approval or recognition
(1)
A Singapore corporation may apply to the Authority to be —
approved as an approved exchange; or
recognised as a recognised market operator.
(2)
A foreign corporation may apply to the Authority to be recognised as a recognised market operator.
(3)
An application made under subsection (1) or (2) must be —
made in such form and manner as the Authority may specify; and
accompanied by a non‑refundable application fee of an amount prescribed by regulations made under section 44, which must be paid in the manner specified by the Authority.
(4)
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.