Singapore legislation

Regulation 39

of Financial Services and Markets (Resolution of Financial Institutions) Regulations 2024

Regulation 39

Exemption from moratorium provisions of Act

Sections 68(2), 76(13) and 79(13) of the Act do not apply to a market infrastructure or the operator of a designated system, when enforcing any security held by it in accordance with the margin rules or default arrangements of the market infrastructure or designated system.