Versions

 

3.13.4

Where, in the performance of his duties, the Trading Member's auditor becomes aware:

(a) of any matter that in his opinion adversely affects or may adversely affect the financial position of the Trading Member to a material extent;
(b) of any matter that in his opinion constitute or may constitute a breach of the Securities and Futures Act, or any other relevant applicable laws and regulatory requirements relating to the regulation of organised markets and licenced entities, or an offence involving fraud or dishonesty;
(c) of any irregularity that has or may have a material effect upon the accounts, including irregularities that jeopardise the monies or other assets of any customer of the Trading Member; or
(d) that the accounting system, internal accounting control and procedures for safeguarding monies or other assets are inadequate and the inadequacies have a material effect on the accounts,

the auditor shall, and the Trading Member shall procure that the auditor shall, immediately report the matter to SGX-ST.

Added on 3 June 20193 June 2019.