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
Rule Amendments

15.4.1

A Trading Member's research activities must be separate from its dealing, corporate finance and back office operations. Separation means at least having the following:—

(1) separate reporting lines in place between the research activities and the other activities;
(2) adequate restriction of communication and information flow between the research activities and the other activities to avoid influencing research activities;
(3) adequate procedures to avoid any conflict of interest that may arise from the research activities and the other activities; and
(4) bonus, salary or other form of compensation to a research analyst not being based on any corporate finance or dealing transaction.