Singapore legislation
Regulation 12
of Securities and Futures (Reporting of Derivatives Contracts) Regulations 2013
Regulation 12
Offences
Subregulation 1
Any person who contravenes regulation 4 or 6(5) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 and, in the case of a continuing offence, to a further fine not exceeding $5,000 for every day or part thereof during which the offence continues after conviction.
Subregulation 2
Section 333(1) of the Act shall not apply to any offence referred to in paragraph (1).