Singapore legislation
Regulation 3
of Government Securities (Debt Market and Investment) (Financial Penalty) Notification 2010
Regulation 3
Financial penalty for failure to comply with direction given on or after 1 January 2014
For the purposes of section 29D(3) of the Act, the financial penalty payable by any primary dealer, who fails to comply with any direction given on or after 1 January 2014 by the Authority under section 29C(1) of the Act, is $1,000 per day or part of a day of such failure.