Whole Section

  • 2.6 Appointment and Registration of Chief Executive Officer

    • 2.6.1

      A Trading Member that holds a Capital Markets Services Licence must appoint one person as a Chief Executive Officer and register that person with SGX-ST as its Chief Executive Officer. The Chief Executive Officer must be approved by the Authority in accordance with the Securities and Futures Act.

      Added on 3 June 20193 June 2019.

    • 2.6.2

      A Remote Trading Member must appoint one person as a Chief Executive Officer and register that person with SGX-ST as its Chief Executive Officer. The Chief Executive Officer must be a fit and proper person that is in the employment of, or acting for or by arrangement with, the Remote Trading Member and is principally responsible for the management and conduct of that part of the Remote Trading Member's business that is regulated by the Relevant Regulatory Authority.

      Added on 3 June 20193 June 2019.

    • 2.6.3

      A Trading Member shall notify SGX-ST at least seven days prior to the appointment of a Chief Executive Officer.

      Added on 3 June 20193 June 2019.

    • 2.6.4

      SGX-ST may in its discretion refuse the registration of a Chief Executive Officer.

      Added on 3 June 20193 June 2019.

    • 2.6.5

      If SGX-ST refuses the registration of a Chief Executive Officer, the applicant may, within 14 days after it is notified of SGX-ST's decision, appeal in writing to the SGX RegCo Board whose decision will be final.

      Added on 3 June 20193 June 2019.