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

Rich text Print
  • 2.08.1B

    Each Bank Clearing Member incorporated outside Singapore shall at all times:—

    2.08.1B.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; or
    (c) [deleted]

    or such other amount as may be prescribed by the Clearing House from time to time;
    2.08.1B.2 RRA Financial Requirement

    comply with all applicable RRA Financial Requirements; and
    2.08.1B.3 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 25 August 2009, 3 November 2010, 22 April 2019 and 17 July 2019.