Whole Section

  • 7.9 Appeals Committee

    • 7.9.1 Composition of Appeals Committee

      The Appeals Committee shall comprise persons appointed by the SGX RegCo Board and approved by MAS provided that:

      (a) the Appeals Committee shall not have a member who is, or who within three years of the proposed appointment date was, a director, officer or employee of:
      (i) Singapore Exchange Limited; or
      (ii) any of Singapore Exchange Limited's Related Corporations;
      (b) a majority of the Appeals Committee shall not be directors, officers or employees of any member of Singapore Exchange Limited or Singapore Exchange Limited's subsidiaries; and
      (c) a majority of the Appeals Committee shall not be substantial shareholders of Singapore Exchange Limited or directors, officers or employees of any substantial shareholder of Singapore Exchange Limited.

      Amended on 5 December 20065 December 2006, 15 September 201715 September 2017 and 3 June 20193 June 2019.

    • 7.9.5 Powers of the Appeals Committee

      The powers of the Appeals Committee include:

      (a) all the powers of the Disciplinary Committee;
      (b) varying the sanctions imposed by the Disciplinary Committee, and overturning, varying or upholding any decision or specific findings of the Disciplinary Committee;
      (c) hearing and deciding appeals in accordance with this Rules; and
      (d) dealing with such other matters as the SGX RegCo Board refers to it (either generally or in a particular case).

      Amended on 5 December 20065 December 2006, 15 September 201715 September 2017 and 3 June 20193 June 2019.

    • 7.9.5A

      A failure to comply with any Sanction imposed by the Appeals Committee constitutes a breach of these Rules.

      Added on 3 June 20193 June 2019.