Singapore legislation
Regulation 13A
of Securities and Futures (Licensing and Conduct of Business) Regulations
Regulation 13A
Criteria for determining if chief executive officer or director of holder of capital markets services licence has breached duties
Amended byS 170/2013 wef 28/03/2013
For the purposes of section 97(2) of the Act and without prejudice to any other matter that the Authority may consider relevant, the Authority shall, in determining whether a chief executive officer or a director of the holder of a capital markets services licence has failed to discharge the duties or functions of his office, have regard to whether the chief executive officer or director has ensured compliance by the holder with each of the duties specified in regulation 13.