Singapore legislation

Regulation 21

of Securities and Futures (Financial Benchmarks) Regulations 2018

Regulation 21

Obligation to submit periodic reports

Amended byS 635/2025 wef 31/12/2021S 635/2025 wef 31/12/2021

For the purposes of section 123ZO of the Act, every authorised benchmark submitter, exempt benchmark submitter or designated benchmark submitter (each called in this paragraph the submitter) must submit to the Authority, within 3 months after the end of each financial year of the submitter, a report that sets out —

(a)

findings on any non‑compliance by the submitter with its policies and procedures relating to its business or activity of providing information in relation to a designated benchmark or, if there is no such finding, that fact;

(b)

findings on any non‑compliance by the submitter with any provision of Part 6AA of the Act or, if there is no such finding, that fact;

(c)

findings on any non‑compliance by the submitter with any direction issued by the Authority under Part 6AA of the Act or, if there is no such finding, that fact; and

(d)

findings and recommendations on the internal controls of the submitter or, if there is no such finding or recommendation, that fact.