Rulebooks: Contents

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
Chapter 1 Application of Rules
Chapter 2 Clearing Membership
Chapter 3 Committees
Chapter 4 Enforcement of Rules
Chapter 5 Arbitration
Chapter 6 Delivery and Related Matters
Chapter 7 Clearing and Margins
Chapter 7A Suspension and Default
Chapter 7B Payments
Chapter 8 Mutual Offset System
Chapter 9 Definitions and Interpretation
Chapter 10 Transitional Provisions
Practice Notes
SIAC DT Arbitration Rules
SIAC DC Arbitration Rules
Rule Amendments

(4 versions)


Past version: effective from Dec 31 2013 - Apr 21 2019.
To view other versions open the versions tab on the right.

Unless otherwise exempted under Rule 2.07.8, each Bank Clearing Member incorporated in Singapore shall at all times:—

2.07.1B.1 Base Capital Requirement
a. maintain a base capital of not less than S$5,000,000; or
b. in the case of a Bank Clearing Member who is also a clearing member of CDP, maintain a base capital of not less than S$8,000,000;
2.07.1B.2 Financial Resources Requirement
not cause or permit its financial resources to fall below its total risk requirement;
2.07.1B.3 Paid-Up Ordinary Share Capital and Unappropriated Profit or Loss
in the case of a Bank Clearing Member who clears only OTCF Contracts, maintain paid-up ordinary share capital and unappropriated profit or loss of not less than S$50,000,000 or such other amount as may be prescribed by the Clearing House from time to time; and
2.07.1B.4 Other Requirements
comply with the accounting, reporting, book-keeping and any other financial and operational requirements prescribed by the Clearing House in relation to the Bank Clearing Member's business governed by this Rules.

Added on 10 August 2007 and amended on 3 November 2010 and 31 December 2013.