Singapore legislation
Regulation 31
of Securities and Futures (Organised Markets) Regulations 2018
Regulation 31
Saving and transitional provisions
Subregulation 1
Despite regulation 30, where any circumstance mentioned in regulation 9(1) of the Securities and Futures (Markets) Regulations 2005 as in force immediately before 8 October 2018 occurs, but is not notified to the Authority before that date, the approved exchange must comply with regulation 9(1) and (2) of those Regulations in relation to that circumstance as if these Regulations had not been made.
Subregulation 2
Despite regulation 30, where an approved exchange makes any material change to its business continuity plan before 8 October 2018 and does not inform the Authority of that change before that date, the approved exchange must comply with regulation 12(4) of the Securities and Futures (Markets) Regulations 2005 as in force immediately before that date in relation to that change as if these Regulations had not been made.
Subregulation 3
Despite regulation 30, where an approved exchange has notified the Authority before 8 October 2018 of a proposed amendment to the business rules or listing rules of the approved exchange under regulation 19(1) of the Securities and Futures (Markets) Regulations 2005 as in force immediately before that date, and that proposed amendment does not come into force before that date, regulation 19(3), (4), (5) and (6) of those Regulations continues to apply in relation to that proposed amendment as if these Regulations had not been made.
Subregulation 4
Despite regulation 30, where a recognised market operator specified in the Second Schedule to the Securities and Futures (Markets) Regulations 2005 as in force immediately before 8 October 2018 takes any disciplinary action against any participant in Singapore before that date, but does not notify the Authority of the disciplinary action before that date, the recognised market operator must comply with regulation 28(d) of those Regulations as if these Regulations had not been made.