12.3.6 Risk Acknowledgement Statement

Past version: Effective from 29 Dec 2014 to 07 Oct 2018

(1) Unless otherwise permitted by the Securities and Futures Act or any other relevant applicable laws and regulatory requirements relating to the regulation of markets and licenced entities, a Trading Member must obtain a written acknowledgement from a customer that the customer is aware of the risk associated with holding and trading of securities and Futures Contracts. This Rule does not apply to a customer who is an Accredited Investor or Institutional Investor trading only in securities.
(2) The written acknowledgement shall:
(a) in the case of a Trading Member that holds a Capital Markets Services Licence, contain such requirements as contemplated under the Securities and Futures Act; and
(b) in the case of a Trading Member that holds a licence specified in Rule 4.1.1(1)(b), contain such requirements as may be prescribed by the Relevant Regulatory Authority. The Trading Member shall immediately notify SGX-ST on any changes to such requirements. Notwithstanding the foregoing, SGX-ST shall have the discretion to prescribe additional requirements.

Amended on 3 April 20083 April 2008, 18 September 201218 September 2012, 19 May 201419 May 2014 and 29 December 201429 December 2014.