Rulebooks: Contents

Rulebooks
Mainboard Rules
Catalist Rules
SGX-ST Rules
CDP Clearing Rules
CDP Settlement Rules
DVP Rules [Entire Rulebook has been deleted]
CDP Depository Rules
Futures Trading Rules
SGX-DC Clearing Rules
SIAC DT Arbitration Rules
SIAC DC Arbitration Rules
Archive
SGX-ST Rules
Section D — Regulatory Framework
Chapter 12 — Operational Requirements
Rule Amendments

  Versions
(2 versions)
 
Up to Jun 30 2016Jul 1 2016 onwards

12.3.5 Approval of Customer Accounts

(1) At least 1 senior management staff independent of sales or dealing of a Trading Member, or a senior management staff of a related corporation of that Trading Member charged with the customer account approval function, must approve the opening of a customer account carried on the books of the Trading Member.
(2) The approval must:—
(a) be given before the execution of the first trade for the customer; and
(b) be in writing which includes secured electronic record; and
(c) form part of the permanent records of the Trading Member.

Amended on 1 July 2016.