Singapore legislation

Regulation 18

of Securities and Futures (Trade Repositories) Regulations 2013

Regulation 18

Content of business rules of licensed trade repository

For the purposes of section 46Q(1)(a) of the Act, a licensed trade repository shall make provision in its business rules, to the satisfaction of the Authority, for —

(a)

the criteria that the licensed trade repository would use to determine whether a person should or should not be allowed to participate in the services provided by the licensed trade repository;

(b)

the continuing requirements to be satisfied by each participant in the services provided by the licensed trade repository, including requirements relating to the operational condition of the participant (such as providing reasonable assurance that the participant is able to report all transactions to the licensed trade repository accurately and on time); and

(c)

the carrying on of business of the licensed trade repository with due regard to the interests and protection of the investing public.