Singapore legislation
Regulation 20
of Securities and Futures (Financial Benchmarks) Regulations 2018
Regulation 20
Obligation to maintain proper records
Subregulation 1
For the purposes of section 123ZN(1)(c) of the Act, the other matters that an authorised benchmark submitter, exempt benchmark submitter or designated benchmark submitter (each called in this paragraph the submitter) must maintain are the following particulars of each representative of the submitter:
the name of that representative;
the identity card number or passport number of that representative;
the residential address of that representative;
the date on which that representative started providing information for each designated benchmark in relation to which the submitter carries on the business or activity of providing information;
the date (if any) on which that representative stopped providing information for each designated benchmark in relation to which the submitter carries on the business or activity of providing information.
Subregulation 2
For the purposes of section 123ZN(2) of the Act, the records mentioned in section 123ZN(1) of the Act must be kept for a period of 5 years.
Subregulation 3
An authorised benchmark submitter, exempt benchmark submitter or designated benchmark submitter must take all reasonable measures to maintain the integrity and security of both the transmission and the storage of every record that it is required to maintain under section 123ZN(1) of the Act.